vtxb here is a post that will explain what is goin
Post# of 129
here it is all laid out here
Item 8-Other Events.
Explanatory Note
On January 8, 2018 Fazync Corporation and Fazync, LLC both subsidiaries of Intelligent Highway Solutions, Inc. entered into an agreement with Tripac Systems Inc., to form a partnership. Tripac Systems, Inc, desires to form this partnership with Fazync Corporation for the deployment, installation, monitoring and maintenance of the Tripac Systems Phase Angel Synchronization Units (PAS).
Copy of press release attached.
source
https://www.sec.gov/Archives/edgar/data/15497...orm8-k.htm
here is the agreement
https://www.sec.gov/Archives/edgar/data/15497...ex10-1.htm
EX-99.1 3 ex99-1.htm
Intelligent Highway Solutions Finalizes Closing of Fazync Corporation
Sacramento, CA – January 10, 2018 -- Intelligent Highway Solutions, Inc. (OTC PINK: IHSI) announced today that the company has acquired 100% of Fazync Corporation and Fazync, LLC under more favorable terms vs the original agreement.
CEO Devon Jones stated, “We could not be more pleased with the results of this transaction. Mr. Bob Widner, the owner of Tripac System, Inc. has reached the point where his company’s technology, Phase Angle Synchronization (PAS) that allows utility companies to recycle wasted electricity is “plug and play” ready. The revolutionary PAS Units require a small on-site footprint, but offer a massive impact as it pertains to energy savings and stress on utility infrastructure. All parties involved have determined that this is going to be a massive undertaking and will require specialized teams to handle the various aspects of the nationwide rollout and that’s where Fazync comes in.”
Mr. Bob Widner stated, “Tripac Systems is currently setting up the infrastructure to handle the “manufacturing” component of the project. Fazync Corporation will work in conjunction as the “installation” arm of the rollout . Fazync will handle all marketing, installations, monitoring and maintenance of the units and capture significant revenue as a result of our joint efforts . The potential even in the short term is in the tens of millions, so we have already begun assembling a team of experts that will allow all entities involved to benefit tremendously.”
Mr. Jones finished up with, “We have already secured a facility in Sacramento, California in order to handle all aspects of our end of the operations and the square footage is more than enough for growth and expansion. Currently, there is an operational PAS Unit in place in our facility that has been set up for demonstrations for utility companies, energy service companies (ESCOs) and large commercial and industrial end users. We feel strongly that this new subsidiary provides tremendous revenue potential for our company as this technology is revolutionary and one of a kind. Over the past couple of months, there has been a flurry of activity to get us to this point and we’d like to thank our shareholders for their patience. We look forward to sharing more with you in the coming weeks and we thank you for your support.”
About Intelligent Highway Solutions, Inc.: Intelligent Highway Solutions, Inc. was formed in April 2011. IHSI provides technology driven solutions for commercial, industrial, and municipal facilities, from full-turn-key general contracting to LED lighting retrofits, HVAC and temperature control upgrades, to solar renewable energy systems, working with commercial developer, government and transportations sectors. Fazync technology is the first and only Phase Angle Synchronization technology that re-cycles electricity with the addition of Cresent Construction, North Carolina, and IHSI is a full-service general contractor providing design, installation and construction management services.
Forward Looking Statements: Any statements contained herein that are not historical facts are “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only to the date such information was released. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information.
Contact: Paul Knopick
Pknopick@eandecommunications.com
940.262.3584
source
https://www.sec.gov/Archives/edgar/data/15497...ex99-1.htm
Strategic Alliance Agreement
This agreement is made and entered into this 10th day of January, 2018 by and between Bravatek Solutions, Inc., a corporation organized under the laws of the State of Colorado, (“Bravatek”), with an address at 2028 E. Ben White Blvd., Unit #240-2835, Austin, Texas 78741 and Fazync LLC, a limited liability company organized under the laws of the State of Colorado with an address at 2376 Gold River Drive, Rancho Cordova, CA 95670 (“Fazync”). Fazync is a wholly owned subsidiary of publicly traded company Intelligent Highway Solutions, Inc., (“IHSI”), a Nevada corporation.
read in full
https://www.sec.gov/Archives/edgar/data/15497...ex10-1.htm
EX-99.1 3 ex99-1.htm
Intelligent Highway Solutions Chooses Bravatek as Strategic Partner
Sacramento, CA – January 18, 2018 — Intelligent Highway Solutions, Inc. (OTC PINK: IHSI) announced today that the company has signed a strategic marketing agreement with Bravatek Solutions, Inc.
Devon Jones, CEO of Intelligent Highway Solutions stated, “We are thrilled to be working with the Bravatek team. Their network of business connections in both the private and public sectors is extensive and has the potential of opening doors for us in energy markets otherwise unaccessible to us across the country. Dr. Thomas Cellucci, Bravatek’s CEO has the experience and background necessary to help catapult our revenue potential and we are happy to have him and his team as strategic partners.
Intelligent Highway Solutions recently announced that their subsidiary, Fazync Corporation will become an integral part of the Tripac Systems Phase Angle Synchronization (PAS) rollout that allows utility companies to recycle wasted electricity. The Bravatek team and Dr. Cellucci specifically will work with IHSI to create and develop new accounts in the energy/utilities industry.
Mr. Jones finished up with, “There are key components of this project that are falling into place quickly. We are excited about becoming the marketing, installation, monitoring and maintenance component and we’re working closely with Bob Widner as he continues to develop and complete the manufacturing arm of the operation. Having the team from Bravatek involved as a resource for market development is just icing on the cake, so to speak. We feel strongly that they’ll play a key role in ramping up the growth and development of the overall project and this is a win-win for all involved. We will continue to provide more information on the company in the coming weeks. As always, we thank you for your support.”
About Intelligent Highway Solutions, Inc: From full turn-key general contracting, to LED lighting retrofits, HVAC and temperature control upgrades to solar renewable energy systems, Intelligent Highway Solutions, Inc. provides technology driven solutions for commercial, industrial, and municipal facilities. Our subsidiary, Fazync Corporation is responsible for the installation, monitoring and maintenance of the Tripac Systems Phase Angle Synchronization (PAS) rollout that allows utility companies to recycle wasted electricity. In addition, our subsidiary, Cresent Construction, located in Concord, North Carolina is a full-service general contractor providing design, installation and construction management services.
Forward Looking Statements: Any statements contained herein that are not historical facts are “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only to the date such information was released. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information.
Contact: Paul Knopick
Pknopick@eandecommunications.com
940.262.3584
source
https://www.sec.gov/Archives/edgar/data/15497...ex99-1.htm
Vortex Brands
Corporate Information Contact
Vortex Brands Completes Acquisition of Blockchain Energy, Inc
.Sacramento, CA -- February 28, 2018 -- InvestorsHub NewsWire -- Vortex Brands Co. announced today that the company has completed the reverse merger of Blockchain Energy, Inc.
Blockchain Energy, Inc. is a company based in Sacramento that is engaged in projects related to the utilities and energy sectors. Currently the company is taking a lead role in the implementation of a new product that will be introduced across the country that is revolutionary and has the potential of being a "game changer".
Electric motors used to power equipment like HVAC, refrigeration, industrial machinery, etc consume about 80% of the power provided (in-phase) by the utility company. The other 20% supplies the needed torque or leverage to the motor, but then becomes unusable (out-of-phase) and travels back toward the utility so 20% more power is generated and delivered vs what is actually consumed. The inefficiency problem compounds itself further when the wasted 20% of unusable power travels back toward the utility requiring an additional 20% of otherwise usable power to "burnoff" this backward flowing electricity. Up to 40% of power generated is therefore wasted, plus the back and forth creates line congestion leading to power outages and stress on an already troubled grid.
Phase Angle Synchronization or PAS is the solution to the problem and allows wasted energy to be recycled, potentially saving hundreds of thousands of dollars for just one end user and tens of billions for the energy sector as a whole.
Blockchain Energy's first project will be to act as manufacturer of this new technology and the company has been granted the exclusive rights to roll out the units across all of North America . The inventor of this new technology has joined the BEI team and will act as a consultant to the team as manufacturing and assembly is ramped up over the coming months. The operations facility is located in Sacramento and is sufficient for exponential growth . Several key individuals with specific strengths and expertise have been brought together to ensure this project is a success. Additional staff will be added soon on an as needed basis. Also, the company has already established working relationships with several companies that will be brought in to support this project. More information on those relationships is forthcoming.
With the closing of this reverse merger, Tom Olmstead has stepped down as CEO of Vortex Brands. Todd Higley has been named as the new CEO and Blockchain Energy became a wholly owned subsidiary of Vortex Brands. Mr. Higley has made it known that he plans to share more information about the company and this exciting new project in several follow up press releases over the coming weeks and why the name of the company itself is relevant to other projects that the company has in store. For more information, please visit our website at.
https://blockchainenergyinc.com/
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
source
http://www.vortexbrands.us/