Replies to post #33803 on Intelligent Highway Solutions, Inc. (fka IHSI)

[FullDeck]

Excellent find, slow okie! Shady business here...

I don't have time to research more, but here's the link to what I assume is your source, along with the Articles of Incorporation for what is apparently the "new" Cresent, registered to the same entity that operated the one reported to have been sold (but not yet paid for) by IHSI:

https://www.sosnc.gov/online_services/search/Business_Registration_Results




Your question IS the critical one, i.e.-

The point here....why is Cresent Construction & Design Solutions, Inc. being formed by Gabriel at September 7, 2017 using the same address and phone number as Cresent Construction Company, Inc.

What happened to Cresent Construction Company, Inc...the one sold to IHSI effective March 9, 2017...Does it still exist? Why would it be necessary to operate two corporations very similar to one another out of the same address...Sort of odd....

Again- excellent research, slow okie... more to follow, undoubtedly..

[john12341]

here all three formed by Dewey Keith Gabriel

1) Cresent Construction Company, Inc. Date Formed 10/14/1980
https://www.sosnc.gov/online_services/search/Business_Registration_Results

2)Cresent Construction and Design Inc. Date Formed 6/12/2013
https://www.sosnc.gov/online_services/search/Business_Registration_Results

3)Cresent Construction & Design Solutions, Inc. Date Formed 9/7/2017
https://www.sosnc.gov/online_services/search/Business_Registration_Results

[Toxic Avenger]

My guess - he's setting up to take back the Crescent business because he hasn't (and won't) be paid the monies promised in the contract. IHSI owes TCA and Gabriel both money they don't have and likely can't raise.
Their default on the payments (maybe even on his salary) mean the entire contract is void, so he can do what he wants competitively.
Maybe he even goes to TCA and works a deal directly with them. Wouldn't that be interesting?

Regardless, it's pretty obvious Fazync was a hail Mary to try and resurrect any hope in the stock as the TCA and Crescent deals fell apart. Gabriel's taking back the business would turn their incomplete pass into an interception.