IAHL Corporation (IAHL)

[Dewmatic]

I disagree that this has been a pump and dump.

Yes, the dilution was not great for shareholders, and even more discomforting for us IBCX/IBAC 'stuckholders' who at one point, supposedly owned shares that were part of an 800k float (adjusted for the 1000-1 reverse split.)

I don't know who got the proceeds from the extra 2.2M shares that popped up with the merger, but my investment got diluted significantly. The second 2.3M shares added to the float wasn't welcome either.

In both cases, the share price following the supposed 'dump' was pretty low. 6-10 cents a share the first time, and 35-65 cents a share the second time. Not a dumpers paradise by any stretch of the imagination.

My take on the situation is that things did not go totally as planned with the startup. The blimp was supposed to fly OTC green, but that got nixed by NASCAR. Morgan-McClure did not perform as expected prompting a cancellation of that contract. Jeremy and Toyota are still having issues preventing them from qualifying to race on a regular basis. And the FDA testing delayed the launch of the Hangover Relief (per the latest PR).

These issues combined with the high startup costs that the business plan requires may have forced them to dilute the stock. I don't like it, but it could be a valid explanation.

All of that being said, I still like the potential for this stock. Further dilution will be difficult without the TA letting us know that the A/S have been increased. The private placements that have been announced should consume most of the current A/S yet to be issued. The risk/reward ratio looks attractive to me at this time.

Obviously, you are correct about this being a risky pink sheet stock, but you continue to lament that there are questions that need to be answered, and state that you don't trust any answers from the blog or PR's. What option does TSXT really have to communicate its plans and/or results prior to uplisting and fufilling SEC reporting requirements?

I for one, am still long on the stock, and still trust Michelle is trying to 'increase shareholder value'. Am I betting the farm on it? No. It is afterall, a pink sheet stock.