ihsi has changed there focus from traffic to the grow lights the q we just received was based on our prior field we will still be there but we are focused on the mmj sector as well. we will see the results of this change in the 10k year end report it should be good.
COMPANY DESCRIPTION
Intelligent Highway Solutions, Inc. (IHSI) is a diversified technology-based electrical contracting company focused on the development and implementation of high and low voltage solutions across multiple platforms. Aside from years of business management and financing experience, IHSI's executive team has more than 80 years of combined electrical background, creating the perfect backdrop and catalyst for the company's recent entrance into the overlooked yet critical lighting segment of the billowing medical marijuana industry. Through the development of proprietary wireless vehicle detection systems designed to make the nation's roadways more efficient, IHSI developed deep relationships with the transportation markets of local and state governments. These business relationships played a significant role in IHSI securing exclusive distribution rights to lighting systems developed by SCS Lighting Solutions, an engineering and electronics company specializing in solid state diode (SSD) lighting solutions. The initial focus of the business relationship was for IHSI to offer SCS's highly efficient, long-lasting lighting solutions to municipalities as a means to drastically reduce energy and maintenance costs. As a result, when the new business opportunity arrived to provide a low cost, energy efficient lighting technology for accelerating the growth of cannabis plants, IHSI already had the expertise and infrastructure needed to create a superior light for this specific purpose. Currently estimated to generate annual sales of $1.5 billion in the U.S. alone, the medical marijuana industry is one of the world's fastest growing markets. Leveraging a C-level team of electrical contractors backed by years of business management expertise, IHSI is positioned to cultivate sustainable growth in a key segment of the medical marijuana industry through its exclusive distribution rights to proprietary lighting systems designed to help legal cannabis growers reduce costs and improve yields .
reference for upper section
http://seekingalpha.com/symbol/IHSI/related
here is were we started out
Intelligent Highway Solutions, Inc. was incorporated on April 22, 2011 and has
acquired the rights to perform service and maintenance for the California
Department of Transportation See the section following titled “Michael Sullivan
Contracts” for a more in depth discussion. Additionally, the
Company intends to
develop transportation technology services that enable vehicles, roads, traffic
lights, message signs, and other elements to become “intelligent” by embedding
them with microchips and sensors and by empowering them to communicate with each
other via wireless technologies. The acceleration of data collection and
communication will allow state governments to improve transportation system
performance by reducing congestion and increasing both traveler safety and
convenience.
The Company will distinguish itself through a product line including a new
wireless and battery-less traffic sensor, used to measure traffic flow-rate,
speed, and approximate vehicle weight. The energy self-sufficient sensor will be
reliable, easy to install, and affordable to maintain.
---
Michael Sullivan Contracts
The Company has acquired nine (9) agreements from Michael J. Sullivan, with the
California Department of Transportation (Caltrans) to provide service and
maintenance for the Traffic Operation Services Network (TOSNET) in nine (9) of
twelve (12) services districts. The agreements were executed in June 2011 and
continue until May 2014, and may be extended for an additional one year period.
We purchased from Michael Sullivan several service contracts with the State of
California Department of Transportation. All nine of these contracts are
substantially similar and are for on-call, as needed maintenance and repair of
traffic operations systems networks (“TOSNET”). Specifically, the contracts call
for Intelligent Highway to provide on an on-call hourly rate, as needed basis,
all labor, equipment, materials, and incidentals necessary for the maintenance
of the communication infrastructure systems, network systems and associated
equipment that comprise TOSNET. The maintenance will apply to voice, video, and
data communications equipment and all facilities used to connect the Traffic
Operation System (TOS) field elements to the Transportation Management Center
(TMC). All of the contracts require the contractor to be properly licensed in
accordance with the laws of the State of California and require a C-10
Electrical Contractor License or a combination of a Class A – General
Engineering Contractor License and a C-7 Low Voltage System Contractor License.
These contracts may be terminated at any time with 30 days notice by Caltrans.
Michael Sullivan continues to invoice Caltrans for work performed in conjunction
with these agreements. Because Michael Sullivan did not have enough capital to
begin performing the work immediately, he signed an agreement with Avalon
Funding Corporation to receive money. As a result of this agreement, Caltrans
pays Avalon Funding Corporation pursuant to the terms of their agreement, and
Avalon pays Michael Sullivan. The money from these transactions is deposited
into an account designated Sullivan/Intelligent Highway. We are then paid for
services, labor, material, and other expenses by Michael Sullivan directly.
There are several risks associated with this arrangement. First, California may
find that these contracts were not legally transferrable by Michael Sullivan.
However, we have not had any issue to date with the assignability of these
contracts, but we have not received a formal legal opinion as to our rights and
liabilities under these contracts. Second, under California law, we may be found
to be an expatriate corporation in violation of the original contract between
Caltrans and Michael Sullivan. California Public Contract Code Section 10286.1
defines Expatriate Corporation and disallows expatriate corporations from
entering into procurement contracts with the State of California. Again, as a
Nevada corporation, we have had no issue with the current arrangement, whereby
we are performing the work called for by the contracts, in lieu of Michael J.
Sullivan, but we have not received a formal legal opinion as to our rights and
liabilities as such.
Our principal executive office is located at 8 Sky Light Court, Sacramento, CA
95828 and our telephone number is (916) 379-0324. Our website is
www.IntelligentHighwaySolutions.com.
COMPANY DESCRIPTION
Intelligent Highway Solutions, Inc. (IHSI) is a diversified technology-based electrical contracting company focused on the development and implementation of high and low voltage solutions across multiple platforms. Aside from years of business management and financing experience, IHSI's executive team has more than 80 years of combined electrical background, creating the perfect backdrop and catalyst for the company's recent entrance into the overlooked yet critical lighting segment of the billowing medical marijuana industry. Through the development of proprietary wireless vehicle detection systems designed to make the nation's roadways more efficient, IHSI developed deep relationships with the transportation markets of local and state governments. These business relationships played a significant role in IHSI securing exclusive distribution rights to lighting systems developed by SCS Lighting Solutions, an engineering and electronics company specializing in solid state diode (SSD) lighting solutions. The initial focus of the business relationship was for IHSI to offer SCS's highly efficient, long-lasting lighting solutions to municipalities as a means to drastically reduce energy and maintenance costs. As a result, when the new business opportunity arrived to provide a low cost, energy efficient lighting technology for accelerating the growth of cannabis plants, IHSI already had the expertise and infrastructure needed to create a superior light for this specific purpose. Currently estimated to generate annual sales of $1.5 billion in the U.S. alone, the medical marijuana industry is one of the world's fastest growing markets. Leveraging a C-level team of electrical contractors backed by years of business management expertise, IHSI is positioned to cultivate sustainable growth in a key segment of the medical marijuana industry through its exclusive distribution rights to proprietary lighting systems designed to help legal cannabis growers reduce costs and improve yields .
reference for upper section
http://seekingalpha.com/symbol/IHSI/related
here is were we started out
Intelligent Highway Solutions, Inc. was incorporated on April 22, 2011 and has
acquired the rights to perform service and maintenance for the California
Department of Transportation See the section following titled “Michael Sullivan
Contracts” for a more in depth discussion. Additionally, the
Company intends to
develop transportation technology services that enable vehicles, roads, traffic
lights, message signs, and other elements to become “intelligent” by embedding
them with microchips and sensors and by empowering them to communicate with each
other via wireless technologies. The acceleration of data collection and
communication will allow state governments to improve transportation system
performance by reducing congestion and increasing both traveler safety and
convenience.
The Company will distinguish itself through a product line including a new
wireless and battery-less traffic sensor, used to measure traffic flow-rate,
speed, and approximate vehicle weight. The energy self-sufficient sensor will be
reliable, easy to install, and affordable to maintain.
---
Michael Sullivan Contracts
The Company has acquired nine (9) agreements from Michael J. Sullivan, with the
California Department of Transportation (Caltrans) to provide service and
maintenance for the Traffic Operation Services Network (TOSNET) in nine (9) of
twelve (12) services districts. The agreements were executed in June 2011 and
continue until May 2014, and may be extended for an additional one year period.
We purchased from Michael Sullivan several service contracts with the State of
California Department of Transportation. All nine of these contracts are
substantially similar and are for on-call, as needed maintenance and repair of
traffic operations systems networks (“TOSNET”). Specifically, the contracts call
for Intelligent Highway to provide on an on-call hourly rate, as needed basis,
all labor, equipment, materials, and incidentals necessary for the maintenance
of the communication infrastructure systems, network systems and associated
equipment that comprise TOSNET. The maintenance will apply to voice, video, and
data communications equipment and all facilities used to connect the Traffic
Operation System (TOS) field elements to the Transportation Management Center
(TMC). All of the contracts require the contractor to be properly licensed in
accordance with the laws of the State of California and require a C-10
Electrical Contractor License or a combination of a Class A – General
Engineering Contractor License and a C-7 Low Voltage System Contractor License.
These contracts may be terminated at any time with 30 days notice by Caltrans.
Michael Sullivan continues to invoice Caltrans for work performed in conjunction
with these agreements. Because Michael Sullivan did not have enough capital to
begin performing the work immediately, he signed an agreement with Avalon
Funding Corporation to receive money. As a result of this agreement, Caltrans
pays Avalon Funding Corporation pursuant to the terms of their agreement, and
Avalon pays Michael Sullivan. The money from these transactions is deposited
into an account designated Sullivan/Intelligent Highway. We are then paid for
services, labor, material, and other expenses by Michael Sullivan directly.
There are several risks associated with this arrangement. First, California may
find that these contracts were not legally transferrable by Michael Sullivan.
However, we have not had any issue to date with the assignability of these
contracts, but we have not received a formal legal opinion as to our rights and
liabilities under these contracts. Second, under California law, we may be found
to be an expatriate corporation in violation of the original contract between
Caltrans and Michael Sullivan. California Public Contract Code Section 10286.1
defines Expatriate Corporation and disallows expatriate corporations from
entering into procurement contracts with the State of California. Again, as a
Nevada corporation, we have had no issue with the current arrangement, whereby
we are performing the work called for by the contracts, in lieu of Michael J.
Sullivan, but we have not received a formal legal opinion as to our rights and
liabilities as such.
Our principal executive office is located at 8 Sky Light Court, Sacramento, CA
95828 and our telephone number is (916) 379-0324. Our website is
www.IntelligentHighwaySolutions.com.
