something to look at it gos with this from the article you gave me
now here ar two things that go with it
1) this is from form S1
[quoteINTELLIGENT HIGHWAY SOLUTIONS, INC.
374,995,109 Shares of Common stock
This prospectus relates to the resale of up to 374,995,109 shares of common stock of Intelligent Highway Solutions, Inc. (“we” or the “Company”), par value $0.00001 per share (the “Common Stock”), issuable to GHS Investments LLC (“GHS”) pursuant to the Equity Purchase Agreement. The Equity Purchase Agreement permits us to “put” up to $5,000,000 in shares of our Common Stock to GHS over a period of up to twenty-four (24) months commencing from the effectiveness of the registration statement, or until the termination of the Equity Purchase Agreement in accordance with the terms and provisions thereof (the “Open Period”). We will not receive any proceeds from the resale of these shares of Common Stock. However, we will receive proceeds from the sale of securities pursuant to our exercise of the put right offered by GHS.
The selling stockholders may offer all or part of the shares for resale from time to time through public or private transactions, at either prevailing market prices or at privately negotiated prices. The Company is paying all of the registration expenses incurred in connection with the registration of the shares except for underwriting discounts, selling commissions, brokerage fees and related expenses.
Our Common Stock is quoted on the OTCQB under the ticker symbol IHSI. On September 15, 2015, the closing price of our Common Stock was $0.0002 per share.][/quote]
source
http://www.sec.gov/Archives/edgar/data/154971...409_s1.htm
2} this gos with the form S1
source
https://www.lawinsider.com/contracts/4gYaq7c9...2015-09-18
Quote:A private equity line was put in place a couple of weeks before the company published its 10-Q and the people at IHSI's helm reckon that with its help, they will be able to repay the rest of the convertible notes. Curiously enough, the equity line in question wasn't covered by an 8-K form, but it is mentioned in the 10-Q. According to it, an unnamed investor will have the right to buy up to $5 million worth of IHSI's stock at a 30% discount.
now here ar two things that go with it
1) this is from form S1
[quoteINTELLIGENT HIGHWAY SOLUTIONS, INC.
374,995,109 Shares of Common stock
This prospectus relates to the resale of up to 374,995,109 shares of common stock of Intelligent Highway Solutions, Inc. (“we” or the “Company”), par value $0.00001 per share (the “Common Stock”), issuable to GHS Investments LLC (“GHS”) pursuant to the Equity Purchase Agreement. The Equity Purchase Agreement permits us to “put” up to $5,000,000 in shares of our Common Stock to GHS over a period of up to twenty-four (24) months commencing from the effectiveness of the registration statement, or until the termination of the Equity Purchase Agreement in accordance with the terms and provisions thereof (the “Open Period”). We will not receive any proceeds from the resale of these shares of Common Stock. However, we will receive proceeds from the sale of securities pursuant to our exercise of the put right offered by GHS.
The selling stockholders may offer all or part of the shares for resale from time to time through public or private transactions, at either prevailing market prices or at privately negotiated prices. The Company is paying all of the registration expenses incurred in connection with the registration of the shares except for underwriting discounts, selling commissions, brokerage fees and related expenses.
Our Common Stock is quoted on the OTCQB under the ticker symbol IHSI. On September 15, 2015, the closing price of our Common Stock was $0.0002 per share.][/quote]
source
http://www.sec.gov/Archives/edgar/data/154971...409_s1.htm
2} this gos with the form S1
Quote:Exhibit 10.2
FIRST AMENDMENT TO EQUITY LINE INVESTMENT AGREEMENT
This FIRST AMENDMENT is executed as of August 7, 2015, by and between Intelligent Highway Solutions, Inc., a Nevada corporation (the “Company”), and GHS Investments LLC, a Nevada limited liability company, (“GHS”),
WHEREAS the parties entered into an Equity Line Investment Agreement (the “Agreement”) on August 6, 2015; and
WHEREAS the parties mutually desire to amend the Agreement under the terms and conditions set forth herein.
NOW THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto do hereby covenant and agree as follows:
1. Section 2.7 of the Agreement is hereby deleted in its entirety and replaced with the following:
2.7 COMMITMENT FEE. The Company shall issue to the Investor three percent (3%) of the total Commitment Amount as common stock (the “Commitment Fee”). The Commitment Fee shall be issuable in common stock fifteen (15) days after the Registration Statement becomes effective. The value of shares will be determined based on the Formula Price, which is the average of the daily volume weighted average prices of the Company’s Common Stock during the five (5) business days immediately preceding the day upon the due date of the issuance. Such shares will be registered in the Registration Statement filed with the SEC.
2. Except as modified herein all of the Terms and Conditions as set forth in the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the, properties hereto have executed this First Amendment as of the date written above.
Intelligent Highway Solutions, Inc.
By: /s/Devon Jones
Name: Devon Jones
Title: Chief Executive Officer
GHS Investments, LLC
By: /s/ Mark Grober
Name: Mark Grober
Title: President
source
https://www.lawinsider.com/contracts/4gYaq7c9...2015-09-18
