The toxic lending came long before the company acq
Post# of 780
(Total Views: 730)
Posted On: 08/27/2017 4:05:00 PM
The toxic lending came long before the company acquired a "confirmed" $7.2M year revenue generating machine. We have known the toxic notes have existed for several years. All OTCs typically fall into one of multiple layers of this money-trap. Management has found a way, through the Cresent acquisition as collateral, to climb out of this dark money pit. Why spend $10's of thousands to get current with financials. Why audit the 10K? CLUE: SCAM companies DON'T audit their 10K!
IHSI's value increased immediately overnight through the Cresent acquisition and now boasts $2.7M in assets and almost $100K in cash on the books. The company's actions to date increase IHSI's net worth. Based on the typical rule of thumb of dividing shares by revenue, the present pps value is .0014 using the projected revenue estimate of $10M for 2017.
Naysay away. Times, they are a changin'.
***This post was removed (now shared here) from the toxic mods over at Cheat-Hub."
IHSI's value increased immediately overnight through the Cresent acquisition and now boasts $2.7M in assets and almost $100K in cash on the books. The company's actions to date increase IHSI's net worth. Based on the typical rule of thumb of dividing shares by revenue, the present pps value is .0014 using the projected revenue estimate of $10M for 2017.
Naysay away. Times, they are a changin'.
***This post was removed (now shared here) from the toxic mods over at Cheat-Hub."
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