Replies to post #48954 on Intelligent Highway Solutions Inc (fka IHSI)

[FullDeck]

Wrong. Total Liabilities= ~$10MILLION by now.

Yout quote:

Same. Total liabilities is under $2.5M.

Y'gotta learn to read the balance sheet right, Burn.

The line that say "Total Liabilities" is the... well, ummm, the actual TOTAL LIABILITIES!

As of 09/2017, that was $8,841,208. With the accruing IRS penalties, it should now be approaching $10 MILLION.

SEE:
https://www.otcmarkets.com/filing/conv_pdf?id=12392708&guid=Q-oKUerCXqEAeth


And this Balance Sheet is from over three years ago, so with accumulating penalties about ~$2Million of that has to go to the IRS out of any revenue. (This old report shows $1,813,230 circled)

And speaking of which... there is no company here.

Remember, all IHSI tried (and failed) to do was take over a General Contractor, like you'd call to reno your house.

When Dewey Gabriel (the GC) left, he took all his clients and opened up shop under a similar name elsewhere.

And please stop with the "projected revenue" crap. That was over three years ago, from a company they never managed to legitimately acquire.

Y'think those "projected projects" have been waiting around to see how everything works out? Pffft.

Balderdash, I say! So much balderdash!!. ;-)

But all the best! ;-)