IAHL Timeline Update

Rhea-AI Summary

IAHL Corp. (OTC PINK:IAHL) is transitioning to a current reporting company, with a goal to finalize outstanding items this month. The delay is primarily due to the closure of agreements with remaining landowners for phase one of a terminal project. IAHL expects to initiate financial disclosures that reflect funds in its balance sheet, enhancing market strength. Improved conditions in energy markets are anticipated to bolster margins for their joint mega project. The company expresses gratitude to investors for their support during this transition.

Positive

• Transitioning to a current reporting company to enhance transparency.
• Expected financial disclosures will show funds in balance sheets, indicating financial strength.
• Favorable energy market conditions likely to improve margins for the joint mega project.

Negative

• Delays in finalizing agreements with landowners for the terminal project.

BOGOTA, COLOMBIA / ACCESSWIRE / November 1, 2021 / IAHL Corp. (OTC PINK:IAHL)

To maintain a current line of communication with our investors and shareholders we want to keep you informed as we move to a current reporting company and finish the last items needed.

As per our last press release we had set the end of October as our end goal for achieving this but our partners are still closing out the few remaining land owners necessary for phase one of terminal project location.

We are confident now that this will completed this month as well as first draw transfers to be initiated from closings so our financial disclosures will show these funds in our balance sheets to represent our strength to the market as we move forward.

The energy markets have moved to favorable conditions thus creating even stronger margins to our joint mega project.

We thank our supportive investors and shareholders as we negotiate the final steps in transformation to a fully transparent and reporting company.

The entire IAHL family and our partners wish everyone a safe and healthy close to this year.

contact info@altenesol.com

SOURCE: IAHL Corp.

View source version on accesswire.com:
https://www.accesswire.com/670581/IAHL-Timeline-Update

FAQ

What is the current status of IAHL Corp.'s reporting transition?

IAHL Corp. is currently transitioning to a reporting company, with completion expected this month.

Why is IAHL Corp. facing delays in its terminal project?

Delays are due to ongoing negotiations with remaining landowners necessary for phase one of the terminal project.

How will financial disclosures impact IAHL Corp.?

Upcoming financial disclosures are expected to show funds in IAHL's balance sheets, enhancing perceived market strength.

What are the anticipated effects of energy market conditions on IAHL Corp.?

Favorable energy market conditions are expected to improve margins for IAHL's joint mega project.