$IHSI: Net-Net on Financials...................
Post# of 780
We can massage numbers until we are blue in the face, BUT...
The fact remains, IHSI sold shares to go Net-Net on their loss-per-share, in effect, cleaning up their otherwise,
UGLY Financial Statements.
Ultimately, the Net-Loss Per Share went from (.03c) to (.00c) Q2 to Q3, so YES,
despite certain numbers being very UGLY, IHSI is "getting our financial house in order," as per the recent PR.
http://finance.yahoo.com/news/intelligent-hig...00344.html
http://www.otcmarkets.com/edgar/GetFilingPdf?...D=11038639
Net loss per share (.03c) to (.00c) Q2 to Q3.
Improvement in IHSI's Financial Condition can be seen by digging into "The Notes" and "Financial Statements."
Quote:
Improvements over the last 10Q.
1. More revenue $44K vs. $8K.
2. Funds from financing $230K.
3. $188K proceeds raised.
4. $225K in debt paid down.
5. Net loss per share from (.03) to .00.
6. Net loss per share from (.18) to (.01) 9-months YOY.
Quote:
1. More revenue $44K vs. $8K.
Revenue QOQ increased from $8K to $44K, Per Ops Statement (Click on Image For Better View):
Quote:
2. Funds from financing $230K.
Funds From Financing Activities $228K+ (Rounded):