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Burn Notice88

12/12/15 10:27 AM

#14255 RE: John Kent #14254

First, IHSI released the PR on August 6th for Equity Financing. Not June.

http://finance.yahoo.com/news/intelligent-highway-solutions-secures-5-133000491.html

Second, the Equity Financing Agreement was finalized between the two parties and submitted to the SEC on September 17.

http://finance.yahoo.com/news/intelligent-highway-solutions-announces-completion-141500344.html

Third, IHSI answered six questions and responded back to the SEC in November.


http://finance.yahoo.com/news/intelligent-highway-solutions-announces-completion-141500344.html

"On September 17 we submitted our S-1 general registration statement to the SEC, we recently received (6) comments, and have prepared our responses back to the SEC. We cannot predict how long it might take for a final response and approval of the statement, we are confident that final approval is imminent."


Fourth, Loans Payable and Notes Convertible exceeded $225K in Debt Paid Down.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11038639




Fifth, the Net-Loss Per Share improved from (.03c) to (.00c) from QoQ by issuing shares.



Sixth, Net-Loss Per Share SIGNIFICANTLY improved from (.18c) to (.01c) YOY (in Q3) by issuing shares.