Innovative Holdings Alliance, Inc. (IHAI)

[triptrade]

Not sure but I hear people saying there trying to raise money for a 1 megawatt demo unit to be placed in their corporate showroom. IMHO I think this may be being read wrong as some of their other PR's seem hard to decipher again IMO I believe they are using their corporate showroom to hold the open house and demonstrate the scaled down model to produce interest and attract investors to raise money for their first 1 megawatt power generation system which will be used for one of their existing agreements, "March 26, 2011 : Carmil Energy has been granted a 20 megawatt Power Purchase Agreement by the Puerto Rico Power Authority. Annual revenues will be in excess of 20 million a year.
I see with Carmil and IHAI already having a scaled down model, " which was demonstrated in front of the UN" that it would be sufficient to use in their corporate showroom to demonstrate the technology and they would use the financing to start working on existing contracts and agreements that would produce income.


"As well, we are working diligently to secure the remaining financing for our first 1 Megawatt power generation system at our corporate showroom headquartered in Palm Harbor, Florida."

Possibly just stating their using their corporate showroom to secure the money to build the unit.

But then again it could be read the other way too just wish the PR's would be more straight to the point rather than always cryptic and possibly having several meanings always keeping everyone guessing. Of course all IMO