I beg to differ on many accounts, beginning with the total liabilities, including stockholder deficit, which accounts for paid in capital and factors in capital for share exchange equaling in less than $2.5M. Further, although in agreement, and have often said, IHSI could very well be on the hook for the $631,855 ($500,000 of the $5M LOC and $131,855 in fees -- although highly-debatable, the $500,000 LOC never, EVER touched IHSI hands, instead the funds were sent VFR-direct to Cresent's former owner), however, should it be determed the court's end-results in IHSI owing the $631,855, what comes with: equals retention of Cresent Construction Co., Inc. -- a $5.5M revenue producing company, with the demonstrated (30 year) ability to obtain/win $MM in secured bids. In conclusing, the $631,855 is already factored/baked in the Q3/2017 financials, so...well...there's that, as well. So all a very-well positioned trade-off, since a big reason IHSI went to TCA in the first place was to purchase Cresent, and although it has been one heck of a wait, it will have been well worth it. ;-)
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