Intelligent Highway Solutions, Inc. (fka IHSI)

[Burn Notice88]

Due Diligence (DD):

Volume:
Dec 1-31, 2020: 4.511 billion
Jan 1-31, 2021: 17.289 billion
Feb 1-6, 2021: 3.398 billion

What's Confirmed / Assumed (*Please do your DD):

- The lawsuit nearing an end
- Leadership forms PK Kirk Electrical & Telecom (E & T) in Aug 2019
- PK Kirk Electrical & Telecom roll out new website in 2019
- PK Kirk pulled in $30K part-year (5 mo) '19 revs, per Duns & Bradstreet
- PK Kirk confirmed at least $100K project activity in 2020
- Leadership changes PK Kirk E & T name to PK Kirk, Inc., Oct 2020
- Leadership amends PK Kirk at CA SOS listing 100M shares A/S, Nov 2020
- Leadership registers PK Kirk, Inc. at SEC, Nov 2020
- PK Kirk, Inc. files S-1/A offering, Feb 2021
- PK Kirk plans to offer shares @ $1/share
- PK Kirk plans to advertise shares for sale on PK Kirk's website
- PK Kirk is trying to raise $5 million dollars
- PK Kirk lays out their expense-plan for the money raised
- PK Kirk's shares are illiquid (= non-tradable)
- PK Kirk plans to take the company public on the OTCQB within 1 year
- CEO Phil Kirkland, (IHSI CFO/COO) owns 78%+ of PK's shares
- The 1/A mentions Mr. Kirkland as CFO/COO of a publicly traded co.
- That publicly traded company is (99.999999999% certain) IHSI
- Phil Kirkland paying for two Ford pickup trucks affiliated with Cresent Construction
- Reg A+ represents a new form of offering stock to non-accredited, retail investors
- Benefit of Reg A+ is ability to “test the waters” prior to shelling out coin for legal / CPA
- Reg A+ offerings likely involve a form of web portal which will expose the offering broadly
- Companies are able to sell stock in a Reg A+ offering directly on the company’s website
- While a Reg A+ offering can be sold to retail investors, the stock is completely illiquid
- Reg A lacks a ticker symbol and has no publicly-traded float
- Co raising Reg A+ $ will want liquidity to stock need a knowledgeable attorney and investment banker to move from Reg A+ over to a non-reporting public company
- An existing, clean, DTC-eligible public shell, is needed to trade PK Kirk stock
- The avg cost to buy and ready a public shell is $300,000 to $400,000
- Likelihood new shell is hiding something (e.g. conv debt, litigation/regulator liabilities, etc.)
- Greatest benefit to a reverse merger is speed
- Company wishing to be fully trading and reporting can do so (R/M) in matter of weeks
- Leadership already owns a dark, defunct public shell, IHSI
- IHSI in its own right (ownership) therefor is a potential merger target
- DP Telecom, Inc. was established by Phil Kirkland, per PK Kirk website
- DP Telecom, Inc. is referenced in SEC S-1/A filing, Feb 2021
- Leadership brings DP Telecom, Inc. back to current status Dec 2020 in WY
- DP holds 200,000,000 A/S, but is not yet registered at SEC
- DP Telecom, Inc. lists Devon Jones (IHSI CEO) as President/Director
- Cresent Construction Company, Inc. (CCCI) ownership remains per lawsuit
- CCCI last reported revs: $5.5M / $10.6M in backlogged projects
- Recent construction project bid activity by CCCI uncovered in Dec
- Leadership still listed as CCCI CEO at NC SOS
- CCCI Elec & Telecom Div was being est. at NC HQ in midst of lawsuit
- CCCI est. in VA since 11/21/14. Filing FYE 18. Inactive.

Supporting documentation:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161075990
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161545171
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160777991
https://www.tcafundreceivership.com/

Brief History:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161154668
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143441145&txt2find=accounting

Source: https://sec.report/Document/0001096906-21-000219/
Source: https://investmentbank.com/alternative-public-offering-options/
Source: https://wyobiz.wyo.gov/Business/FilingSearch.aspx
Source: https://businesssearch.sos.ca.gov/CBS/Detail
Source: https://www.dnb.com/business-directory/company-profiles.pk_kirk_electrical__telecom.0b0c86f518654062219727a78e3ea161.html
Source: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160852051
Source: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160861272
Source: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160100179

Happy hunting, IHSI warriors!