Lots of investors leaving IHSI by the droves. I can see it in the down-volume and by the #'s on the board. Down by 10 in the last week. It just tears me up, that nothing has changed from 2 months ago. Philosophically, everything remains the same...waiting on the lawsuit. Investors can see the receiver inching closer to resolution. The BS on the board about "Resolution Can Only Mean Bad For IHSI" is just PURE bunk! One of the key reasons IHSI went to TCA in the first place was to secure funding to pay for acquisition of TCA. As I've said repeatedly, if the court decides IHSI must pay TCA $631,855 for the $500,000 Line of Credit (LOC) and $131,855 in fees, then so be it, this was IHSI's OBJECTIVE anyway. To buy Cresent. In return, if the $631K is owed, IHSI has achieved objective #1, owning Cresent. The #2 philosophical investors AREN'T paying attention to is: The $631,855 is ALREADY "baked in" to the last quarterly financials statement IHSI filed -- Q3/2017. THINK about that. LET IT sink in. It's ALREADY accounted for financially. I'd like to address a couple of other lines of gibberish: The $10MM in Liabilities and $2MM owed to the IRS for back taxes. First the taxes: The back taxes owed to the IRS, AREN'T an a-typical thing for public companies NOT making a profit. There's even an IRS stipulation on it -- I've posted on this board several years ago (*NOT my concern, nor willing to waste the time to find it), BUT...these back taxes have been in IHSI financials going back almost since IHSI went public and started filing. Don't believe me? Peruse OTCMarkets and find out for yourself. Item two in the flim-flame line of nonsense: $10M in liabilities. The $10M accounts for all IHSI liabilities through the years. What trips up the inexperienced-investor who's easily fooled by this ridicule is: Not taking into consideration "Paid-In Capital." This is the $$$ IHSI has received in exchange for shares. These are reasons why companies go public in the first place: TO RAISE CAPITAL to fund operations. They do so by selling shares. If you add the offsets (paid-in capital) to the negative liabilities, one will find the total debt is under $2.5M. This even factors in the $631,855 for the lawsuit. All bunk aside.
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