I was reading about the guy who bought Bow Flex at
Post# of 780
This story reminds me so much of Intelligent Highway Solutions, Inc. (IHSI). They are working to clean up their balance sheet and eliminate debt. Management has gone after Equity Financing (like so many OTC stocks do) to raise capital and grow the business. As a result, the stock price has suffered from a high of .13 cents per share one year ago, to the bottom at .0001. Here's where the story gets sweeter.
INTELLIGENT HIGHWAY SOLUTIONS, INC. (IHSI)
Agricultural Lighting Application - Medical Marijuana Industry
Alternative Inductive Loop System - Patent Pending Road Sensory Product
Smart Parking Technology - Gives Managers Data on Available Parking
Lighting Solutions - For Large, Medium and Small Building Contracts
Building Sensor Products - Honeywell Partnership
System Maintenance - Surveillance, Pan/Tilt/Zoom cameras, Software, Computer Services, Recording Services, Wireless/wired Networks
Current Assets: $611,000
Sales: $535,000
Long-Term Debt: $928,000
In view of the fact this company has been in business for five years (2011). In consideration of how well initial sales of the new Suncloak LED System product is going (est. $217,000 Q4/2015). In light of the fact lesser overhead is needed for installation of the Suncloak LED System (1 to 3 technicians and one day per job site) vs. (10 to 20 technicians and 9 to 12 months for large building projects). In view of management is working diligently to get the balance sheet in order ($5,000,000 Equity Line of Financing).
Future performance of Intelligent Highway looks good considering the industry they are in (Title 24 Projects in California) and (MMJ Agricultural LED). We are currently at $500K per year revenue. There's an estimated $217K in Q4/2015 from new ag-grow sales. IHSI is heavily pursuing Title 24 work in California, along with pushing their Suncloak LED System sales. Title 24, we know by past performance, comes in large chunks of $1 million per contract. If IHSI continues in the range of $250K per quarter in ag-grow sales in California, which represents 49% of the MMJ market, (recall sustainment is untapped in Washington State or Colorado markets), then adding two Title 24 Building Contracts (based on past performance), $3 million in revenue is easily attainable at the projected pace.
IHSI's Enterprise Value (A/O Jan 7, 2016) is $25.3 million. The current intraday Market Cap is $254,780. Based on this ratio, IHSI is currently Undervalued by a Factor = 100. Based on an Undervalue Factor of 100 x .0001 = .01c PPS.
http://investorshangout.com/post/view?id=3464987
***Note: This is not a buy/sell recommendation. Just a presentation of the facts.***