Replies to post #41766 on Intelligent Highway Solutions Inc (fka IHSI)

[Burn Notice88]

It's Fuzzy Ownership! "I am not even sure how cresent construction got caught up in this law suit with tca."

Technically, Fulldeck is right, Cresent "on paper" owns the controlling rights to TCA, until said debt is paid in full. I don't agree with everything in his post, but FWIW the legal-eagle jargon is mostly correct in FD's post:

SEE:
"Too much! For $10, TCA Global bought controlling interest..."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136763476

Fulldeck purposely avoids going down the rabbit hole, but the gist of it is...

TCA performed a BIG oops-ah-lah, by defaulting on IHSI's $5M credit line, stymying IHSI's strategy. In a nutshell, IHSI was very dependent on that credit line to grow-out their business and increase profit margins, and thereby accelerating the payoff of the TCA debt. TCA is no stranger to this trick and pulling the rug out from under other clients. One can Google many similar examples ($5M lines of credit, $500K upfront) TCA has leant to other OTC companies, with multiple legal cases mimicking the same one with IHSI.

All these preceding legal cases seem to work themselves out in the end, and that's why I am confident this one will get resolved. As I've said before, TCA's Global Fund is a hedge fund, that serves clients with short term loans to companies, which in turn, benefits their hedge fund clients. How far this case goes in the future, no one really knows, but considering most hedge funds operate on a CY basis, I'd venture a guess perhaps we will see legal action take place after the first of the year. Just my 2 cents.

...and remember I said, I believe a settlement may be on the horizon or IHSI favorably wins the case. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141030162