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gimix31

03/04/21 3:39 PM

#50327 RE: Burn Notice88 #50325

just have to keep waiting. at this price there is no reason to not just tuck this puppy into the closet and hope for a good surprise in the future

FullDeck

03/05/21 9:34 AM

#50349 RE: Burn Notice88 #50325

Pure horse-twaddle. There IS NO "CRESENT CONSTRUCTION COMPANY"!

There is only the "TCA CRESENT CONSTRUCTION COMPANY, LLC".

I'm not going down this swamp-pit again, but here's the Operating Agreement explaining TCA's rights (now the TCA Fund Receivership's rights) and IHSI's rights.

OPERATING AGREEMENT OF TCA CRESENT CONSTRUCTION COMPANY, LLC
https://www.lawinsider.com/contracts/1Bf9AHNZLz9d9f6jE685Dy/intelligent-highway-solutions-inc/operating-agreement/2017-03-24

And here's their Florida business filing.
http://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=EntityName&directionType=ForwardList&searchNameOrder=TCACRESENTCONSTRUCTION%20L170000251400&aggregateId=flal-l17000025140-c4926a65-3be8-48f8-a676-639e4d070d7f&searchTerm=TC3%20INVESTMENTS%20LLC&listNameOrder=TCACONSULTANTS%20P040000899290

TCA Fund Receivership now owns all the Class A shares, which have all the power over the future of the Company.

IHSI only has Class B shares which effectively makes them just a passive investor.

I could rip apart that operating agreement and show that IHSI will never "OWN" Cresent (there is none), but I really don't care that much. Maybe another time.

I touched on all of this years ago:

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

Time to wake up. Nothing in this supposed "lawsuit" will benefit IHSI in any way.

Enough. A waste of my time.

Good luck to all. Protect any profits or at least minimize losses here.