Intelligent Highway Solutions
Inc. Provides Shareholder Update
Sacramento, CA.
-- June 14, 2018 --
InvestorsHub
NewsWire
-- Intelligent
Highway Solutions, Inc. ( OTC
PINK: IHSI ) provided a shareholder
update today.
Devon Jones, CEO of
Intelligent Highway Solutions stated, I felt it important
to let
our shareholders know as of today, we have several
lucrative
deals pending with various companies as
outlined in previous press releases. Questions have been raised as
to when all of this activity would begin. We are progressing these
transactions in stages while we experience some delay due to
pending litigation.
Mr. Jones stated,
"We still
have pending litigation with TCA in the state of Florida.
We sued
TCA. We
will have updates soon as to pace and
timing of the
case. This litigation has been our
biggest hurdle as a company, but we
remain confident
in a victory, even settlement
this summer.
Mr. Jones continued with,
"While we have had delays as of late with our company financials,
we fully
expect to get our financials up to date in the coming
weeks. We want to thank our
shareholders for their continued patience and
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
will be
responsible for
the installation, monitoring and maintenance of the
Tripac
Systems Phase
Angle Synchronization (PAS) rollout that allows utility
companies to recycle
wasted
electricity. The manufacturing and
installation is projected to begin
in 2018. 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.
Investor Relations:
Paul Knopick
Pknopick@eandecommunications.com
940.262.3584