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Thursday, October 01, 2009 10:47:28 AM
-Transfer agent has 83 million shares outstanding.
-Since we as shareholders owned the assets of the company, barring any creditors/lienholders which there were some, we should have immediately received shares in IHSI. SEC put a hold on the trading of HSXI shares, but they did not strip away any assets.
-Direct shares were promised in exchange for money for some and never issued. More information to come in this regard.
Management owns the bulk of the shares so I don't understand their motives to get themselves out of the situation either.
Has anyone had communication with company in the last three weeks? Not sure we will get anything out of this, but we need to now take action.
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