ihsi is under valued here as well all of the things listed below in the q are before the deal for the suncloak grow lights witch is a 92,000 dollar deal.
SACRAMENTO, CA / ACCESSWIRE / November 19, 2015 / Intelligent Highway Solutions, Inc. (OTCQB: IHSI), announced today it has completed four installations of the Suncloak lighting systems and received another order for $92,000.00.
source
http://www.otcmarkets.com/stock/IHSI/news
On August 20, 201I5 Company received a loan totaling $60,000 from an unrelated party of which $5,000 was considered an original issue discount and $5,000 was paid to third parties on the Company’s behalf resulting in net cash proceeds of $50,000. The note carries interest at 12% per annum and is due on May 19, 2016. The holder has the right to convert the principal and accrued but unpaid interest to common stock at any time after 90 days from the note date at a 50% discount from the average of the three lowest trading prices for the Company’s common stock for the twenty prior trading days. There was $60,000 and $0 of principal and $809 and $0 of accrued interest payable at September 30, 2015 and December 31, 2014.
On September 30, 2015 the Company received a loan totaling $47,000 from an unrelated party of which $4,000 was considered an original issue discount and $3,000 was paid to third parties on the Company’s behalf resulting in net cash proceeds of $40,000 . The note carries interest at 12% per annum and is due on September 30, 2016. The holder has the right to convert the principal and accrued but unpaid interest to common stock at any time after 90 days from the note date at a 50% discount from the average of the three lowest trading prices for the Company’s common stock for the twenty prior trading days. There was $47,000 and $0 of principal and $0 of accrued interest payable at September 30, 2015 and December 31, 2014.
NOTE 14 – EQUITY LINE OF CREDIT
On August 6, 2015, the Company entered into line of credit whereby it has the right to sell to the investor up to $5,000,000 of common stock over a period of 24 months. The Company may sell up to $100,000 of common stock, but not less than $5,000, at any time at is sole discretion by issuing a put notice to the investor. The sales price of the stock will be equal to a 30% discount from the average of the lowest two closing bid prices in the preceding five trading days. There is a minimum of ten trading days between put notices. The agreement requires the Company to issue 3% of the total credit line, or $150,000, in common stock with an issue price equal to the average of the daily volume weighted average prices of the Company’s common stock during the five business days immediately preceding the due date of the issuance. The Company did not exercise its rights under the agreement during the period ended September 30, 2015.
http://www.sec.gov/Archives/edgar/data/154971...53_10q.htm
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
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
from form s1a
source
http://www.otcmarkets.com/edgar/GetFilingPdf?...D=11064442
source
http://www.otcmarkets.com/stock/IHSI/news/Int...on?id=1180
there is more but this is all i am putting up for now every one needs to do there own dd on this
company web site http://www.intelligenthighwaysolutions.com/
SACRAMENTO, CA / ACCESSWIRE / November 19, 2015 / Intelligent Highway Solutions, Inc. (OTCQB: IHSI), announced today it has completed four installations of the Suncloak lighting systems and received another order for $92,000.00.
source
http://www.otcmarkets.com/stock/IHSI/news
On August 20, 201I5 Company received a loan totaling $60,000 from an unrelated party of which $5,000 was considered an original issue discount and $5,000 was paid to third parties on the Company’s behalf resulting in net cash proceeds of $50,000. The note carries interest at 12% per annum and is due on May 19, 2016. The holder has the right to convert the principal and accrued but unpaid interest to common stock at any time after 90 days from the note date at a 50% discount from the average of the three lowest trading prices for the Company’s common stock for the twenty prior trading days. There was $60,000 and $0 of principal and $809 and $0 of accrued interest payable at September 30, 2015 and December 31, 2014.
On September 30, 2015 the Company received a loan totaling $47,000 from an unrelated party of which $4,000 was considered an original issue discount and $3,000 was paid to third parties on the Company’s behalf resulting in net cash proceeds of $40,000 . The note carries interest at 12% per annum and is due on September 30, 2016. The holder has the right to convert the principal and accrued but unpaid interest to common stock at any time after 90 days from the note date at a 50% discount from the average of the three lowest trading prices for the Company’s common stock for the twenty prior trading days. There was $47,000 and $0 of principal and $0 of accrued interest payable at September 30, 2015 and December 31, 2014.
NOTE 14 – EQUITY LINE OF CREDIT
On August 6, 2015, the Company entered into line of credit whereby it has the right to sell to the investor up to $5,000,000 of common stock over a period of 24 months. The Company may sell up to $100,000 of common stock, but not less than $5,000, at any time at is sole discretion by issuing a put notice to the investor. The sales price of the stock will be equal to a 30% discount from the average of the lowest two closing bid prices in the preceding five trading days. There is a minimum of ten trading days between put notices. The agreement requires the Company to issue 3% of the total credit line, or $150,000, in common stock with an issue price equal to the average of the daily volume weighted average prices of the Company’s common stock during the five business days immediately preceding the due date of the issuance. The Company did not exercise its rights under the agreement during the period ended September 30, 2015.
http://www.sec.gov/Archives/edgar/data/154971...53_10q.htm
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
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
from form s1a
Quote:Equity Purchase Agreement with GHS
On August 6, 2015, we entered into the Equity Purchase Agreement with GHS, a Nevada limited liability company. Pursuant to the terms of the Equity Purchase
Agreement, GHS committed to purchase up to $5,000,000 of our Common Stock during the Open Period. From time to time during the Open Period, we may
deliver a drawdown notice to GHS which states the dollar amount that we intend to sell to GHS on a date specified in the put notice (the “Put Notice”). The
maximum investment amount per notice shall be twice the average of the trading volume in dollar for the Company’s Common Stock during the ten (10) trading
days preceding the date of the Put Notice, but in no event lower than five thousand ($5,000) dollars or higher than one hundred thousand ($100,000) dollars
without prior approval of GHS. The total purchase price to be paid, in connection to the Put Notice, by GHS shall be calculated at a thirty percent (30%) discount
to the average of the two (2) lowest closing bid prices of the Company’s Common Stock during the five (5) consecutive trading days immediately after the
applicable Put notice date, notwithstanding certain provisions pursuant to the Equity Purchase Agreement.
In connection with the Equity Purchase Agreement, we also entered into a registration rights agreement (the “Registration Rights Agreement”) with GHS, pursuant
to which we are obligated to file a registration statement with the SEC. We are obligated to use all commercially reasonable efforts to maintain an effective
registration statement until termination of the Equity Purchase Agreement.
The Company shall issue to GHS 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. Our current number of authorized shares is sufficient to cover the
amount of shares that could be issued pursuant to the commitment fee. 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.
The 600,000,000 shares to be registered herein represent 23.55% of the total issued and outstanding shares, assuming that the selling stockholder will sell all of the
shares offered for sale.
source
http://www.otcmarkets.com/edgar/GetFilingPdf?...D=11064442
Quote:One final comment, Jones stated, There have been inquiries and correspondence from shareholders about a reverse split being considered. The Company has not discussed nor has it considered a reverse split at this time. Our focus is getting our financial house in order and expansion of the Company business.
source
http://www.otcmarkets.com/stock/IHSI/news/Int...on?id=1180
there is more but this is all i am putting up for now every one needs to do there own dd on this
company web site http://www.intelligenthighwaysolutions.com/
