Five nuggets from July / August press releases.
Post# of 780
A consistent message throughout, beginning with the first bullet. I expect to see PRs expanding on these highlights in the near future. Note the key words in the bottom para.
Hint: "Honey" how "well" are you?
- Our current goals and outlook include: Expanding revenues through additional acquisitions; expand into government projects and work with international companies in California and North Carolina; prove out the Fazync -PAS technology and seek general contracting work in California
- The new web site features the Company's intelligent technologies: including LED Lighting, Solar Energy, Intelligent Building Controls, Service and Maintenance, and the newest technology, the phase angle synchronization (PAS) system
- IHSI will provide the resources to manufacture and install Fazync's new state of the art Phase Angle Synchronization (PAS) equipment which for the first time will allow electric utilities to recycle wasted electricity
- We will beta test five sites and each site should save the local utility 30% to 40% in energy. It is estimated in California alone that there are approximately 60,000 potential customers that fit into the rate structure that would qualify them as potential sites for the technology
- The filing fulfills our promise to investors to bring the Company up-to-date with the SEC. It also details our acquisition of the Cresent Construction Company in North Carolina. Cresent Construction is a full service general contracting firm with an excellent reputation of over 32 years of construction. It recorded $7.2 million in revenues for its Fiscal Year ended October 31, 2016," said Devon Jones, Intelligent Highway Solutions CEO. "This acquisition will allow us to work on projects with government agencies and service some of the international companies in North Carolina that we have relationships with in California. The acquisition of Cresent Construction will also help us with expansion of our energy efficient technologies as we expand into the Southeastern U.S."
http://www.otcmarkets.com/stock/IHSI/news