News Focus
News Focus
icon url

Toxic Avenger

12/11/15 10:19 AM

#14237 RE: Burn Notice88 #14235

Because when the investor signed on, $150k wasn't 10% of the market cap.
Now it's 15% of the maxed out market cap at $.0001.

So they "ain't gonna do it".

Why did IHSI file the S-1 and put out the pump release on "imminent acceptance"? Because they desperately need toxic money to come in and right now, the toxic guys won't lend against no bid and low trading volume.

It's panic time at IHSI.
icon url

FullDeck

12/11/15 10:51 AM

#14238 RE: Burn Notice88 #14235

They "signed on" because it was a PUMP!

Get real, Burn.

They pushed this fantasy so that less savvy investors would see this as a $5MM Line of Credit, as in a source of funds with only the cost of interest.

But this was NEVER a "Line of Credit" (LOC), as it is often referred to out here!

Even IHSI doesn't call it that- they call it a "Line of Equity Financing."

Personally, I call it a Line of Accelerated Dilution (a LOAD), given the $150K (1.5 BILLION share) "commitment fee" and toxic discount for "put" shares from IHSI to co-conspirator GHS.

Technically, it's a PIPE- a Private Investment in Public Equity.

But it's at terms that are toxic to IHSI.

So there you have it... it's a PIPELOAD! (Private Investment in Public Equity Line of Accelerated Dilution)

Only intended to briefly pump up the price and allow more toxicans to cash out- never expected to really happen although if it had, GHS wouldn't have minded and only retail would have been screwed.

As it worked out, the pump of the PIPELOAD FAILED.

Oh, well... y'know what happens to PIPELOADs, don'tcha?

They get SMOKED UP! ;-)

Best to all.