Bob, IHAI formally Inovative Health Sciences looks for inovative products to promote or purchase at least it used to. IHAI has been trading at sub penny for about a year and now appears to be a shell company for a possible merger with Carmil energy. Carmil Energy has a product (PSGS)and if it does what they claim it can do it will be the product of the decade (I would dare say the Century, but it is still young.
here is the link for the run down of the Phase shift generator system.
This IHAI's website it still has the old title IHS but it gives decent bio's of the people soon to be incharge of IHAI if the merger happens. Chris Winters the COO on the website is the current CEO of IHAI.
It is speculated that come Tue. 1 billion of IHAI shares will be retired and in the near future possibley even Tue. there will be an annoucment of the merger.
In regards to the pps the .114 seems to have been a fat fingerd mistake, this is all my opnion, but all shares of IHAI that are owned by people were locked up from trade on Fri. Making it impossible for people to dump the shares they owned under the title of IHSN. The only shares available were those in the float and people had to buy shares before they could sell them automatically driving the price up. Ther trades between a penny and a nickle seem plausible to me, but i beleive the high of .114 was a fat finger mistake, that brought someone a decent profit.
In my opinion it is not to late to get into invest in IHAI, just the news of the Merger and the retirement of a billion shares should move IHAI quite nicely. If the PSGS is real and you hold onto this long enough, who knows where it could go, limitless applications, who wouldn't want elecrity for 10x cheaper? Everyone would be knocking at our door step.
Hope this gives you a good base to dig into IHAI.
This is my opinion and take on the situation. -Jaws
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