$IHSI: Here's what surprise revenue announcements
Post# of 780
Quote:
"L.F. posted 4th quarter earnings today, and the results showed exponential growth for both revenue and operating profit. Revenue for the 4th quarter totaled $4,097,877 and pre-tax operating profits soared to $409,909. To put this in perspective, revenue increased by over 3,100% compared to the prior year when net income was only $7,000."
IHSI posted only $44,000 in 3rd quarter revenue. We are estimating revenues to be in the neighborhood of $217,608 for 4th quarter based on data uncovered on Suncloak's facebook, linkedin, and blog pages. These pages are in alignment with IHSI's PR released on November 19th announcing: "Intelligent Highway Solutions Completes Installation of Four Suncloak Lighting Systems and First Of Multiple Orders Received Of $92,000.00." To put this into perspective, if $217,608
holds true, this would be a revenue increase by 394%.
http://www.otcmarkets.com/stock/IHSI/news
http://www.otcmarkets.com/stock/IHSI/financials#