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Burn Notice88

12/18/20 9:05 AM

#45032 RE: Burn Notice88 #44991

Potentially $MMM In Damages Caused By Predatory Lending Practices:

Left on the table, as a result of the TCA lawsuit.

- $5.5M 2017 revs
- $10.6M 2018 project backlog
- Potential $MMM+ with just one terminated partnership

Per stockopedia, "FINANCIAL BRIEF: : For the nine months ended 30 September 2017, Intelligent Highway Solutions Inc revenues increased from $0K to $3.2M. Net income totaled $7.9M vs. loss of $439K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Gain (loss) on derivative fair value adj increase from $350K to $10.1M (income)."

Per Globe Newswire, "Devon Jones, CEO of Intelligent Highway Solutions stated, "It's time we began discussing the incredible value that Cresent Construction brings to our company. For the prior three months, Cresent finished with over $1.3M in sales. Twelve month sales are expected to exceed $5.5M. Also, Cresent has over $10M in projects backlogged for 2018 already with other projects in negotiations. What has us extremely excited is the future of this division and how it will positively impact the overall business strategy."

................

Intelligent Highway Solutions, Inc. Issues Shareholder Update
November 16, 2017, 5:31 PM CST

Intelligent Highway Solutions, Inc. Issues Shareholder Update

SACRAMENTO, CA -- (Marketwired) -- 11/16/17 -- Intelligent Highway
Solutions, Inc. (OTCBB: IHSI), today updates shareholders on the
status of your Company.

Devon Jones, CEO of IHSI stated, "We have made great progress since
we last updated our shareholders. Everyone at the Company has been
working in several areas of corporate development and continuing to
establish the foundation for growth."

Updates from the Company are as follows:
-- We have no plans to reverse split our common stock at this time.

-- TCA litigation is still on-going. Original judgment has been dismissed and replaced with new lawsuit filed, on substantially same claims. TCA is a lender that we worked with to acquire funding for business operations and acquisitions. Additional information can be found about TCA in our SEC filings.

-- We have started the process of restructuring convertible debt and it will take time. We are also anticipating new revenues and profits that would be used to help buy out debt and notes. Additional information will be following in a press release soon.

-- Fazync update; the demonstration unit has been relocated to the new IHSI facility in California (pictures posted on Twitter and Facebook). The Company has set up a timeline and budget to update the demonstration unit; in addition we will be developing new market material, updated PowerPoint and new video demonstration. When we hooked up the demonstration it appeared to work flawlessly, changes will be cosmetic, not technical.

-- Cresent is our general contracting company, acquired in March, 2017, located in North Carolina and currently has a backlog of approximately $10.6 million in future projects. Cresent continues to bring in new work and we have been very successful in bidding new projects. Devon Jones, further stated "We thank our shareholders for their patience and support."

Devon Jones

CEO, Intelligent Highway Solutions, Inc.

Visit us at http://www.intelligenthighwaysolutions.com/. Contact our
IR representative, Paul Knopick at E and E Communications.

Safe Harbor:
Any statements contained herein that are not historical facts are
forward looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the Securities
Exchange Act of 1934, as amended. These forward-looking statements
are made subject to certain risks and uncertainties, which could
cause actual results to differ materially from those presented.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only to the date such
information was released. The Company undertakes no obligation to
publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information.



Contact:
Paul Knopick
pknopick@eandecommunications.com
940.262.3584

https://www.bloomberg.com/press-releases/2017-11-16/intelligent-highway-solutions-inc-issues-shareholder-update

.....
Termaination of IHSI/Fazync/Blockchain Energy/Vortex partnership:
https://www.otcmarkets.com/filing/conv_pdf?id=13107187&guid=RF0qUq7l5InHBth

More on IHSI's former partner:
https://backend.otcmarkets.com/otcapi/company/dns/news/document/30008/content


Seething............................