Intelligent Highway Solutions, Inc. announced that it expects to receive $0.95 million in funding.
On July 15, 2013, the company announced that it has entered an agreement for convertible note for gross proceeds of $50,000. The notes accrue interest at 10% per annum and are due in July 2015 with no payments due prior to maturity.
On the same day, the company received the amount.
As of August 2, 2013, the company has received $735,000 from 12 investors.