Replies to post #11239 on Intelligent Highway Solutions, Inc. (fka IHSI)

[my2Mustangs]

Better do your homework again, $770K+ is withholding taxes dating back to 2011 when they had employees and neglected to file a return.
The above info is in 10Qs

Let me explain, they were taking all the withholding taxes from their employees and instead of filing quarterly and turning those monies over to the government on a quarterly basis as real companies do, they squandered the money on losses, bonuses and car allowances and clearly felt it was better not to file a return at all. All that while they were a private company, now shareholders have to pay the price for their business acumen from when this was a private company.

This will end up being another failed promotion.