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I would be willing to take the loss IF they were actually thugs and all of this results in Georgie getting what is due to him in true thug fashion. That would be worth every penny!
$ILUS Subsidiary QIND has acquired a 51% interest in Al Shola Gas, which delivered nearly $11 million in revenue and $1.8 million in net income in 2023.
IS that what you are referring to?
George Sharp is about to expose the thug the CEO here is.
Not that he would respond to the question now, it would be interesting to hear JP's take on this issue. Obviously, it's very important. CH, I think your main point is wondering if and when the uplist merger will actually be completed. Sure hope so. And, I hope it will be completed soon.
Can they still include first quarter earnings from a company they have not completed the purchase yet?
Question: The pr made it sound like they are eagerly awaiting the next quarterly report, as it will include the earnings of QIND's new acquisition. However, if I remember correctly, they have not really paid for it yet, as payment is to be in shares of the uplist merger company.
Can they still include first quarter earnings from a company they have not completed the purchase yet? If they do, and the uplist does not happen (their track record of completing hoped for deals has been abysmal), would they then have to restate downwards again a la QIND???
Just a happy thought.
$ILUS #UNDERVALUED #OVERSOLD Market Cap 15,437,130 as of 05/02/2024??
ILUS has been able to accumulate over $62 million in total assets with net assets of over $32 million
https://finance.yahoo.com/news/ilus-files-form-10-k-123818903.html
George Sharp was spot on about this POS!
Aya ,Aye Aye
Time to Buy?
QC4M,
I agree with your assessment. I do think they're trying hard, but they've lost their way too many times. Unfortunately, they haven't yet come close to the goal line.......not even to the the redzone. They're still trying to make first downs on their side of the field. They need a Bill Belichick to give them a few kicks and an Andy Reid to give them a better game plan.
Personally, I think they are trying to make things happen, but keep failing to get it over the goal line.
what don't you understand? We cannot vote them out. They own the company. We are just wishful dreamers. A long for the ride. I will keep dreaming to the end. I believe they will bring this company or companies around.
The “two clowns” have a majority of the voting shares. No way to vote them out. You believe them and stick around or sell and move on.
Stock price will go no where but down until they actually complete something they promised. Personally, I think they are trying to make things happen, but keep failing to get it over the goal line.
f in disaster again. we need to vote the 2 clowns out. totally gone. they needs to sell fish at the fish market, no idea here
At this point does that surprise you?
Notably, the company remains securely on track to uplist both its Industrial and Emergency Response subsidiaries to a Senior Stock Exchange in the short to medium term
That is a very broad and hazy time frame. That can be anything from a year to 5 years.
Those goal posts keep moving.
NEWS: ILUS Files Form 10-K and Provides Shareholder Update
NewMediaWire
Thu, May 2, 2024, 8:38 AM EDT
In This Article: ILUS
NEW YORK, NY - (NewMediaWire) - May 2, 2024 - ILUS International Inc. (OTC: ILUS) is a mergers and acquisitions company that is committed to acquiring and growing businesses in the public safety and industrial sectors.
ILUS was delayed in the filing of its Form 10-K following the decision by its Industrial subsidiary, QIND, to agree to the cancellation of an acquisition, with the decision being made on 1 April 2024. The company has now filed its annual report, which includes a restatement of its financials for the years 2022 and 2023 due to the cancelled transaction.
Following the restatement of its financial statements, ILUS has experienced a significant impact on its balance sheet, resulting in a net loss recorded on its income statement. Despite this setback, ILUS is now on a positive footing following QIND's recent acquisition of Al Shola Gas and the more recent expansion of its Emergency Response subsidiary within its own publicly listed special purpose vehicle (OTC: SAML).
It is noteworthy for an OTC Markets listed company that ILUS has been able to accumulate over $62 million in total assets with net assets of over $32 million in the face of exceptionally challenging market conditions. Notably, the company remains securely on track to uplist both its Industrial and Emergency Response subsidiaries to a Senior Stock Exchange in the short to medium term. In this regard, senior publicly traded companies are visiting Dubai next week to tour facilities as part of their final due diligence stage.
Over three years, ILUS has acquired seven operating businesses, incorporated two entities, and attained control over two OTC-listed public entities which now operate as its subsidiaries. ILUS has incurred significant write-downs and losses during the process of consolidating its subsidiaries and operating businesses. These losses are a direct result of the integration and restructuring of the acquired businesses. Consequently, the net operational costs have increased as ILUS strives to drive the growth of its operating businesses and complete planned uplistings. To facilitate this, ILUS has augmented senior-level management and advisory resources.
ILUS' restructuring efforts are a part of its strategy to streamline operations and optimize efficiency. However, such efforts typically involve upfront costs, which are reflected in the current financial statements. Nonetheless, ILUS remains committed to its long-term growth objectives and is working diligently to mitigate the associated costs while maximizing value for its stakeholders.
In January 2024, ILUS acquired a controlling interest in Samsara Luggage Inc. (OTC: SAML) to function as the company's special-purpose vehicle for the expansion of its Emergency Response subsidiary. After the acquisition, SAML filed for approval of its name and trading symbol change. In February 2024, SAML acquired seven Emergency Response operating businesses from ILUS. This strategic acquisition was executed to facilitate a more efficient expansion of the emergency response businesses. The outcome of this transaction is beginning to yield positive results.
In March 2024, ILUS' Industrial subsidiary, QIND, acquired the controlling interest in Al Shola Gas, a fast-growing company operating out of the United Arab Emirates. Al Shola Gas possesses a strong balance sheet and delivered approximately $11 million and 1.8 million in 2023 revenue and net income, respectively. This acquisition is expected to significantly enhance ILUS' position in the energy sector and play a crucial role in ILUS' long-term growth strategy.
The strides ILUS took during the first quarter of 2024, as indicated above, were not consolidated and reflected in the company's 2023 annual report. The company is keenly anticipating the submission of its forthcoming quarterly report, which will be accompanied by those of its subsidiaries, to depict the positive outcomes.
After having filed its Form 10-K, among several priorities, the company is also now concentrating on issuing a SAML equity dividend to ILUS Shareholders of record. It is expected that an announcement will be made shortly regarding this matter.
ILUS believes that its Industrial and Emergency Response subsidiaries are trading at a significant undervaluation on the OTC Markets. The company anticipates that by listing its subsidiaries on senior stock exchanges, through agreements based on the equity valuation of the operating businesses within each subsidiary, there will be a considerable increase in the value of its majority holdings in each subsidiary. This increased value is expected to provide additional liquidity to the company, which it plans to use for further expansion. The company has been unable to complete several planned acquisitions due to capital-raising challenges faced in the OTC Markets. Furthermore, both ILUS subsidiaries are expecting to close significant additional acquisitions following their respective uplists. These are larger deals where extensive negotiations have taken place and are lined up for completion.
The ILUS team remains unwaveringly committed to achieving its goals, accelerating growth and achieving stronger financial performance in the coming quarters.
For further information on ILUS, please see its communication channels:
Website: https://ilus-group.com
Twitter: @ILUS_INTL
Email: IR@Ilus-Group.com
Source: ILUS
Related Links
https://ilus-group.com
Forward-Looking Statement
Certain information set forth in this press release contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material non-public information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls and webcasts also may take time from time to time. We use these channels as well as social media to communicate with the public about our company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, considering the SEC's guidance, we encourage investors, the media, and others interested in our company to review the information we post on the following social & media channels:
website: https://ilus-group.com Twitter: ILUS_INTL
Note: ILUS Coin does not sit within ILUS International Inc (Ilustrato Pictures International Inc), so the public are recommended to follow the correct Media Channels relating to the public company OTC: ILUS
@ILUS_INTL
$ILUS Form 10-K has been filed. Press Release with update tomorrow. $QIND $SAML
5:32 PM · May 1, 2024
Yes they are.They like all OTC sub-pennies are ATM's for their owners.These companies do nothing,only exist on paper.They are money siphon's and or washers.Sorry folks but it is what it is.Now the SEC is watching,this is not the old days.Good luck and good trading.
Mauiguy2 I got the message. Will respond as instructed
Mauiguy2
I am not a "paid" subscriber, so if you sent me a message, it probably is in the twighlight zone.
Do you have Twitter? I can "recognize" you there and you can send a message. Let me know your twitter handle.
Creaky, I can't say whether or not the "Big 3" will all have losses. But, as far as the shrinking PPS for the 3 stocks are concerned, I attribute some or most of it to shareholders loss of confidence in Nick and JP. Their continued talk of bringing wealth to the shareholders, so far, just hasn't happened or come anywhere close to it. Somebody who bought ILUS at 50 cents is not too happy with a PPS of a penny.
While I have you on the line here, I'm wondering if you received the PM I sent you last Friday during the 4 PM - 5 PM Happy Hour.
Mauiguy2
What I don't understand is why SAML is dropping? It has all the ERT companies, which supposedly are operating,
so even without an uplist, it should be trading at some multiple of expected earnings. Yet it drops.
Are they all going to have losses?
Sent to Edgar agents,do you believe that crap?This is the computer age,filing takes 5 minutes.They said that to cover his ass,for saying it will be done by April 30th.Now they can blame someone else for missing the date again.Always bad news when a filing is missed.Same bull,just a different day.Good luck and good trading.
@ILUS_INTL
$ILUS 10-K sent to Edgar agents and will be filed ASAP. $QIND $SAML
2:34 PM · Apr 30, 2024
What a long drawn out sled ride. I was on a spending spree fall 2021 and bought in to the GTCH ride but it only took about 10 months to hit the bottom. Today its .0000 on the bid haha.
Hopefully they can overcome the strangle hold but I just sold all my shares in saml because the share price decline was imitating this one only faster.
Unfortunately I didn't go green, as in saliva green!
not here. wrong chat. we have tons if money and 2 hard working management. not a chance
Just 12 days ago on April 17 in its Form 10-K Filing Update, ILUS stated "the company still requires further time and intends to file its revised 10-K before the end of April." Will they do it tomorrow (Tuesday)? At some point in time, the company needs to follow through on its statements to its shareholders. I hope tomorrow will be one of those times.
lolo. looks like all the boards are crooks for you. either you are pulling a name out of abhat to invest or keep picking the wrong ticker.
let me help you. buy igpk and 3 months you will thank me.
since 3 years ago they are working hard day and night. lol
Mauiguy
We have to weather that revised 10-k, which is going to show revised reduced earnings, having to take out the
earnings included with the QI purchase, which has now been undone.
There may be a quick downdraft of stock price when that news comes out.
Hopefully, that will be a final bottom we can bounce off of moving forward.
mauiguy and all others, don't hold your breath on an up listing soon. I think it will happen but not soon enough. I don't think you will hear anything by the end of the month about any acquisition. And what odds that the quarter report will extended? Let's keep your finger crossed.
AA, actually, according to ILUS management, we should be hearing twice from them during the next 3 weeks, including the first one within the next 3 business days. In its most recent "working day and night" communication, ILUS states:
Having filed for an extension, the ILUS finance team, management and auditors have been working day and night to complete the filing, although unfortunately and disappointingly, the company still requires further time and intends to file its revised 10-K before the end of April.
The positive of re-instating its financials is that ILUS will be in a vastly improved position for the fulfilment of its uplist plans. The company and its subsidiaries also intend to file their first quarterly reports before the 15th of May deadline.
So, it will be very interesting if ILUS actually does what they say they will do. The clock is ticking.....once again.
I am waiting on news and filings from $ILUS, $QIND and $SAML. I understand that they have to be quiet while working on these mergers, but it is hard to wait and the share prices aren't doing well as we wait. So, I along with some others on the discord listed near-term things to expect. It was a big, impressive and impactful list. I'm looking forward to seeing some of these soon:
- SAML dividend for ILUS shareholders
- Acquisition of British Manufacturer of Autonomous Vehicles
- QIND business combination agreement
- SAML business combination agreement
- Significant Wildfire business European acquisition
- Significant US emergency vehicle manufacturing
- "A" license for fire system installation and maintenance
- New well connected board member
- SAML name change
- Two new QIND acquisitions: in the UK and in Texas (likely after the uplist/merger)
Just looked at the share price of SAML. Wonder if the original shareholders feel they were better off before
getting involved with ILUS?
Relax iLLustrians if ya ain’t buying now, ya ain’t living right!
I still believe and will hang on as well as I have no choice at this point.
Hopefully Nick and JP have Some Aloha …
Good luck to all
It is getting hard to wait, but our choice is to do that or sell. They can't communicate while they are in the midst of merger negotiations. So, the silence makes it that much harder. But we know that they intend to file the Q1 reports early so that they have more time to complete the mergers (for QIND and SAML) before the financials become stale (or outdated) on Aug 15 when Q2 financials are due. They will announce the business combination agreements much sooner than that. I expect in the next few weeks. Good luck to us all.
You can't vote them out. They own a majority of the shares/voting rights.
Some people forgot to turn the light on.
This is pinky land. What did you expect. Most penny stocks slump this time of year.
they are full of lies. we have to vote them out. saying not collecting a salary. alot of under hand. collect below the table is the salary so they dont care about the shareholders
Too many broken promises. They’re going to have to actually get something done for this stock to head north.
I bet they are sleeping just nice. Believe me not happy with the downward trend. But I made decision to buy. With the possible of going down. Ever one should know the higher risk in low or sub penny stock, Anyone, who lost faith should cut their losses and move on. For me, still have hope. In the end Good Luck all no matter what you do. I forgot to say. If you can't afford to cut your losses. Think about it.
looks like this stock is crashing. what a shame here. i wonder if the management sleep at night
bunda, if you hold or sell. As long has you do what you want. That all that counts. As far as JP and Nick goes. Like most if not all have their opinion Including me. And opinion are ass holes everyone as one. With me it's win or lose all. I think there still a chance to win. To ALL holders Good Luck
Yes! And now they're diluting the crap out of saml
Nicolas Link, CEO
Company Updates:
NEWS: ILUS News Out April 10, 2024 9:30:00 ET https://twitter.com/ILUS_INTL/status/1778059832043401656 ILUS Moves Forward With Its Two Subsidiary Uplists and Equity Dividend
NEW YORK, NY - (NewMediaWire) - April 10, 2024 - ILUS International Inc. (OTC: ILUS) is a mergers and acquisitions company that is committed to acquiring and growing businesses in the public safety, industrial, defense, and renewable sectors. ILUS has two subsidiaries, Quality Industrial Corp. (QIND) and Emergency Response Technologies Inc. (SAML), in which it holds the majority stake. QIND functions as ILUS' Industrial subsidiary, while SAML functions as its Public Safety subsidiary.
The ILUS Board of Directors has recently approved the uplisting of both subsidiaries by reverse merger, following progress in discussions with National Exchange listed companies. Additionally, the board has approved the distribution of an equity dividend in the form of SAML shares to ILUS Shareholders of record on a date to be defined.
SAML has acquired seven public safety businesses from ILUS, and the subsidiary is in the process of completing an important new acquisition to be incorporated into its uplist plans. QIND has acquired a 51% interest in Al Shola Gas, which delivered nearly $11 million in revenue and $1.8 million in net income in 2023.
Both QIND and SAML are currently in late stages of discussions with National Exchange listed companies regarding reverse merger agreements. The parties are progressing with their due diligence, following which the subsidiaries intend to sign Business Combination Agreements (BCA) with the respective National Exchange listed companies. Once the BCAs are signed, the National Exchange listed companies will file their S-4 Registration Statements, which will include registration of the QIND and SAML shareholders' shares. Valuations will be confirmed by fairness opinions obtained from a team of approved experienced independent financial experts.
After completion of the two subsidiary uplists, ILUS expects to complete its own uplist. This current strategy allows ILUS and its subsidiaries to move to a National Exchange without effecting a reverse-split and obtain maximum Shareholder value.
ILUS owns 77,669,078 common QIND shares and 150,753,425 common SAML shares, as well as 350,000 Series B shares converting into 350,000,000 common shares. ILUS also owns 10 million common shares of a public entity which is expected to soon sign a Letter of Intent for a Reverse Merger with a NASDAQ listed company in the very near future.
The ILUS Board believes that it is critical for its subsidiaries to complete their uplists first in order to obtain maximum value for ILUS shareholders. This will considerably strengthen ILUS' balance sheet, allowing ILUS to obtain a substantially more favorable valuation, which is integral to the success of an uplist. This follows progress made since the company's statement made on 29 December 2023, that it had signed a non-binding term sheet with a NASDAQ company "for purposes of further exploring the merger opportunity for ILUS or its subsidiaries".
Having also entered into and continued discussions with additional National Exchange listed entities, ILUS management has worked extremely hard to achieve this significant milestone for the company and its Shareholders and is pleased with the progress towards delivering this ongoing objective. ILUS remains dedicated to creating maximum value for its Shareholders and will be making their respective announcements and providing ongoing shareholder updates, including timeframes, throughout the respective reverse merger processes.
While the journey has taken considerably longer than anticipated, this has not deterred the ILUS management team, and has in fact allowed the company to execute several strategic moves which considerably enhance its valuation. ILUS believes it is essential that moving to a National Exchange creates maximum value for Shareholders in all the subsidiaries and ultimately at the parent company level. The company maintains that it will not compromise on executing its uplists in a stable and robust manner with the Shareholders best interests in mind, even if this has meant it has taken a longer period of time.
In a further progress update, the ILUS Board has approved the payment of a SAML equity dividend to ILUS shareholders of record. A portion of its SAML Series B shares will be distributed to ILUS shareholders. The company plans to make an announcement followed by commencement of the registration process for the equity dividend.
For further information on ILUS, please see its communication channels:
Website: https://ilus-group.com
Twitter: @ILUS_INTL
Email: IR@Ilus-Group.com
Source: ILUS
Related Links
Forward-Looking Statement
NEW YORK, NY / ACCESSWIRE / March 1, 2024 / Samsara Luggage Inc. (OTC Pink:SAML) is a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety sectors. As previously reported, Ilustrato Pictures International Inc. (OTC: ILUS) acquired the controlling interest in the company on January 5, 2024, and changed the business direction of SAML from luggage manufacturing and distribution towards the public safety sector. SAML has already filed a corporate action for its name change to Emergency Response Technologies Inc. and preferred trading symbol, RESQ.
On February 23, 2024, SAML signed a Stock Purchase Agreement with ILUS to acquire its existing public safety focused companies for an aggregate purchase price of 350,000,000 shares of common stock issued as 350,000 shares of Series B stock in SAML. Through completion of the transaction, SAML acquired all the equity interests in seven companies owned by ILUS:
As the Emergency Response Technologies "ERT" subsidiary of ILUS, currently trading as OTC: SAML, the company is currently executing an aggressive growth plan which includes the expansion of its existing companies and planned completion of four further new acquisitions, two of which it intends to close later in the first quarter or early in the second quarter.
SAML's management are passionately focused on acquiring and building businesses which protect assets and deliver lifesaving technology. ILUS originally acquired and incorporated the seven companies which have been acquired by SAML with the same vision of delivering effective technology in all sectors of the emergency response lifecycle. The group of companies collectively provide groundbreaking patented technology and solutions to improve the efficiency of fighting fires, providing rapid response capability to emergency incidents, and delivering industry leading rescue and safety technology which is backed by in-house manufacturing and distribution capability in the United States, Middle East, and Europe.
SAML aims to build on the foundation laid by its parent company and more aggressively roll out the same model of acquiring global manufacturing, distribution, and technology advancements in the public safety sector. The global public safety and security market surpassed $433 billion in 2022 and is poised to increase at a CAGR of 10.3% up to $707 billion by the end of 2027. SAML is well positioned with funding available to expand its current businesses and bring in further innovative and disruptive technology with the goal of developing the company into a global public safety powerhouse. SAML aims to exceed $20 million in 2024 revenue from its current group of companies and $50 million with the addition of agreed acquisitions and those currently in negotiation.
Following signing of a Letter of Intent, SAML is currently finalizing the Stock Purchase Agreement for the acquisition of a British Manufacturer of Autonomous Vehicles which supplies its revolutionary technology to the defense and security sectors. The current technology will be supplementarily developed to enable remote unmanned autonomous firefighting capabilities.
Although ILUS had previously engaged in the acquisition of a Virtual Reality (VR) Training software business, there were some critical upgrades to the software that needed to be completed before it was satisfied to complete the acquisition and scale the business globally. SAML is currently working with the VR software company to conduct user testing before completing the acquisition and rolling out the software through an established network of distributors. A signed Letter of Intent is in place and Stock Purchase Agreement is ready for signing following the completion of satisfactory user testing.
SAML will re-energize the progress and groundwork already laid in Serbia by the ILUS team during 2022 and 2023, where substantial Government support is on offer. Unfortunately, ILUS found difficult to maximize this opportunity fully due to funding constraints and SAML will now accelerate progress at the current E-Raptor manufacturing facility outside Belgrade, where further design and development is underway to make the product suitable for mainstream industrial and utility use. E-Raptor is currently making upgrades at the Serbian facility to three newly assembled units before delivery to a local municipality. Based on demand from within the region and FireBug's rapid intervention vehicle customers in the Middle East, the company is preparing a production line capable of shipping 50 units in the third and fourth quarters of 2024. E-Raptor is currently exploring the acquisition of a commercial utility EV manufacturer in Southern Europe. The manufacturer has existing manufacturing contracts in place and is currently producing 150 electric utility vehicles per year. Following SAML management's visit to the facility, a Letter of Intent is currently being negotiated.
In further acquisition developments, SAML is currently structuring the acquisition of a significant Wildfire business with operations in Europe, USA, South America, and Asia, and aims to proactively expand its wildfire technology offering and operations globally. Furthermore, SAML is negotiating and intends to close the acquisition of a US headquartered manufacturer and distributor of firefighting vehicles and ambulances with over $54 million in annual revenue. This acquisition, which is expected to be completed through a combination of cash and restricted stock, will form the cornerstone of SAML's intended uplist to a major stock exchange.
"Our ERT business, which is overflowing with potential to be scaled globally previously experienced constraints in executing its growth plans within ILUS. Under SAML, it's expected that capital can freed up for ERT to grow and realize its true value for Shareholders who like us, are passionate to be involved in and driving forward a company which is actively delivering solutions that are increasingly making communities around the world safer." Said SAML CEO, John-Paul Backwell.
Further plans under SAML include obtaining global certifications for FireBug's long-awaited commercial kitchen firefighting systems and fixed fire systems which utilize patented water mist technology and are in a class of their own. In addition to the certifications, the systems require dedicated resources for sales and marketing. It is expected that under SAML, FireBug will be able to execute its go to market strategy for its fixed firefighting systems far sooner. In addition, SAML is in the process of merging the operations of its two Dubai based fire protection companies, BCD Fire and Al Shola Safety & Security. The sharing of resources and manpower will allow the companies to obtain the highest available A license for fire system installation and maintenance and consequently meet local requirements to bid for much larger projects in the United Arab Emirates as well as Saudi Arabia.
SAML has nearly 100 team members in its operating businesses and is in the process of strengthening its dedicated management team which already includes emergency response industry expert and veteran, Dan Peters, who serves as President of the company. The company will soon be adding another industry specialist as an independent board member to advise in taking the business to the next level. SAML is thrilled to be in a position to leapfrog from the solid foundations laid by ILUS and rapidly increase its growth trajectory.
"We established and built a solid group of Emergency Response businesses under ILUS, and we are now thrilled to be in a position to expand the business more aggressively. We are already engaging with investment banks with the view of up listing ERT to a major stock exchange in late 2024 through a reverse merger or organic listing, following completion of our first business combination agreement and resultant uplist. We expect to complete a large acquisition during the process of an ERT uplisting with the acquisition acting as a catalyst for the uplisting." Added SAML Chairman, Nicolas Link.
SAML Shareholders are urged to keep an eye on the company's ERT website and ERT Twitter account, the details of which are listed below:
Websites: https://ert-international.com
Twitter: @ERT_ILUS
Email: info@ert-international.com
Source: SAML
Related Links: https://ert-international.com
SOURCE: Samsara Luggage Inc.
View the original press release on accesswire.com
$ILUS - Audits then up-listing. https://data-room.center/Data/ILUS/Letters/2023/Letter03-06282023.pdf NEWS: $ILUS Signs Letter of Intent to Acquire a British Manufacturer of Autonomous Vehicles While Completing its Next Phase of Restructuring for Anticipated Growth ILUS International Inc. NEW YORK, NY, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - ILUS International Inc. (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety, industrial, defense and renewable sectors. On February 16, 2024, the Company signed a letter of intent with a British company which has manufacturing and assembly facilities in the United Arab Emirates from which it manufactures and supplies autonomous vehicles as well as defense and public safety solutions. The definitive agreement is expected to be signed in the first quarter of 2024 and is currently intended to be structured as an equity deal of $3,000,000 with a mutually agreed leak out agreement which is expected to come into effect sometime after the intended in-progress business combination agreement with a NASDAQ company is effective. The acquisition target is an integrated technology company that designs, develops, and manufactures advanced solutions utilizing proprietary robotics and autonomous systems which are engineered to transform operational capabilities for the defense and security sectors. The company’s groundbreaking proprietary autonomous technology meets NATO standards for operational land, water, and air requirements in its relevant sectors. The Global Defense market has been estimated to reach over $718 billion in 2027 although newer data is expected to reflect higher projected growth due to continued war in Ukraine, increased geo-political tensions in many regions globally, and an increase in cyber-terrorism threats. This and several additional factors have led to increased instability, placing heightened demand on the defense and security sectors leading to increased growth. “This acquisition and those in the pipeline are expected to add incredible value to the ILUS Group. The revenue generating company which services several customers globally has a significant technology valuation and multiple large high probability orders in its pipeline. We are working hard to add further value across the group and are excited to bring in this new deal and others we have been negotiating,” said ILUS Managing Director, John-Paul Backwell. As previously announced, ILUS acquired control of Samsara Luggage Inc. (OTC: SAML) on January 5, 2024. SAML is currently undergoing a corporate action to change the company name and ticker and it will function as a Special Purpose Vehicle for ILUS’s Emergency Response Technologies (ERT) division. ILUS is currently in the progress of merging its emergency response assets into SAML. Once completed, ILUS will in return receive a stock consideration in SAML of which it intends to dividend out an appropriately proportioned amount of stock consideration to ILUS Shareholders. Furthermore, ILUS is in discussions with RB Capital regarding the consolidation of its existing promissory notes into one single promissory note. The company believes that the new consolidated note will provide more time and flexibility in repaying the note and prevent further conversions in the short to medium term. In light of the aforementioned targeted acquisition, further acquisitions which are in negotiation and the restructuring which is underway in preparation for a previously mentioned business combination with a NASDAQ listed company, as well as to prevent any requirement for a reverse split to be conducted, the Board and the Majority Stockholder of ILUS have determined that it is in the best interests of the Company to amend its Articles of Incorporation, to affect an increase in the number of shares authorized common stock from 2,000,000,000 shares at par value $0.001 to 3,500,000,000 at par value $0.001. The Information Statement being filed today is furnished solely for the purpose of informing Shareholders. ILUS CEO, Nicolas Link, concluded: “We have been working extremely hard with our advisors, attorneys, and auditors to get every aspect of our company structured and aligned for an imminent business combination agreement to be signed. I am currently in the USA with JP Backwell for the final stage of the business combination transaction with the NASDAQ company. We anticipate that the moves we are currently making will allow us and our Shareholders to realize the significant value that has been created over the past few years.” For further information on ILUS, please see its communication channels: Website: https://ilus-group.com Twitter: @ILUS_INTL Email: IR@Ilus-Group.com Source: ILUS Related Links ILUS website: https://ilus-group.com ; Twitter: ILUS_INTL Note: ILUS Coin does not sit within ILUS International Inc (Ilustrato Pictures International Inc), so the public are recommended to follow the correct Media Channels relating to the public company OTC: ILUS NEWS: ILUS Shareholder Letter Out February 01, 2024 4:00 ET https://twitter.com/ILUS_INTL/status/1753166227042713742 NEWS: ILUS Shareholder Letter Out January 29, 2024 11:00 ET https://t.co/MyhutiaaDK https://twitter.com/ILUS_INTL/status/1751998640917213389 Source: ILUS International Inc. NEWS: ILUS 2024 Annual Shareholder Meeting update: January 16, 2024 12:24 ET NEWS: ILUS Acquires the Majority Stake of Samsara Luggage, Inc. January 10, 2024 09:45 ET Source: ILUS International Inc. NEW YORK, NY, Jan. 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – ILUS International Inc. (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety, industrial, defense and renewable sectors. The company confirms that is has acquired the controlling interest in the SEC Reporting OTC listed company, Samsara Luggage, Inc. (OTC: SAML). ILUS is changing the business direction of SAML from luggage manufacturing and distribution towards the acquisition and growth of businesses in the public safety sector. The existing luggage business will be spun out of SAML and ILUS will be merging several of its existing emergency response focused companies into SAML, which will function as a Special Purpose Vehicle for the financing and growth of ILUS’ emergency response subsidiary. On January 3, 2024, ILUS acquired a convertible note from YAII PN, LTD with outstanding principal and accrued interest of $600,684.93. On January 5, 2024, ILUS converted the note into 150,753,425 shares of common stock in SAML pursuant to the terms of the exchange note which was filed in ILUS’ Schedule 13D. As a result of the conversion, as of January 5, 2024, ILUS acquired control of 91.5% of the outstanding shares in SAML. In connection with the acquisition of the note and the subsequent conversion to shares of common stock, the current officers and directors, Mrs. Atara Dzikowski, and Mr. David Dahan resigned from all their positions with SAML. Nicolas Link was appointed as SAML’s Chairman of the Board and John-Paul Backwell was appointed as the company’s Chief Executive Officer and Director. Mrs. Atara Dzikowski will remain as a consultant to SAML for a period. Former President of REV Group’s Fire and Ambulance Division, Dan Peters, will serve as President of SAML. Further members of the company’s board and management team will be announced in due course. As previously mentioned, several of ILUS’ emergency response focused companies will be merged into SAML for a stock consideration to ILUS shareholders, following which SAML will continue to function as the emergency response subsidiary of ILUS, known as Emergency Response Technologies (ERT). The subsidiary intends to pay a special equity dividend to ILUS shareholders and is finalizing this with its legal counsel. ILUS will retain the controlling interest in SAML. As was the case with ILUS’ Industrial subsidiary, Quality Industrial Corp. (OTC: QIND), which effected its name and ticker change in August 2022, SAML plans to change its name and ticker, in connection with a short form merger with its wholly owned subsidiary, Emergency Response Technologies, in accordance with NRS 92A.180. The corporate action will be submitted to FINRA and will be effective once a market effective date is provided by FINRA. ILUS believes that the SAML acquisition will add significant value to its structure and operations, specifically the eagerly anticipated expansion of its emergency response subsidiary. SAML has its own funding line in place for purposes of expansion, and such access to capital will be non-dilutive to ILUS shareholders. With this more streamlined structure and access to capital in place through SAML as its Special Purpose Vehicle, ILUS anticipates the aggressive expansion of its emergency response subsidiary in 2024. Such expansion plans include the acquisition of a large US headquartered emergency vehicle manufacturer and distributor. Following this acquisition, the subsidiary intends to uplist to a major stock exchange. SAML will become more proactive on its relevant social media channels and ILUS will keep shareholders informed of the progress across all of its subsidiaries. SAML itself will provide regular updates through its social media and formal press releases. Several updates will be made to the ERT website as assets are officially merged into the company. ILUS shareholders and parties interested in tracking SAML’s progress are requested to do so by following its Twitter account or by keeping an eye on its website, the details of which are listed below: Websites: https://ilus-group.com, https://ert-international.com Twitter: @ILUS_INTL, @ERT_ILUS Email: IR@Ilus-Group.com Source: ILUS Related Links https://ilus-group.com Forward-Looking Statement Certain information set forth in this press release contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material non-public information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls and webcasts also may take time from time to time. We use these channels as well as social media to communicate with the public about our company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, considering the SEC's guidance, we encourage investors, the media, and others interested in our company to review the information we post on the social & media channels. Note: ILUS Coin does not sit within ILUS International Inc (Ilustrato Pictures International Inc), so the public are recommended to follow the correct Media Channels relating to the public company OTC: ILUS 12-B $ILUS 12 ENTITIES https://ilus-group.com/about-ilus-international/ https://ert-international.com/ https://firebuggroup.com/ https://www.georgiafirerescue.com/ https://bullheadproducts.com/ https://bcd-fire.com/ https://tvc-international.com/ http://alsholasafety.ae/ https://qualityindustrialcorp.com/ http://qualityinternational.ae/ https://hyperion-defence.com/ https://replay-solutions.com/ https://raptor-utv.com/ E-RAPTOR UTILITY VEHICLES <> WORLD’S FIRST AND ONLY 6-WHEEL ELECTRIC UTILITY VEHICLE Functional hard working utility vehicles can now also be environmentally friendly, whilst not needing to sacrifice power or reliability. Introducing the E-Raptor – the world’s first electric 6-wheel utility vehicle. Thinking of the future, the environment, the legacy that we leave our future generations and the job at hand, the E-Raptor uses the most advanced battery technology mated to a refined automatic gearbox. Introducing the E-Raptor, the world’s first and only electric 6-wheel utility vehicle. Expect a smooth drive with excellent power and torque. With 80km range on a single charge, the E-Raptor is fit for most commercial, industrial and agricultural applications. It provides rugged reliability, class-leading performance and excellent driving control whilst carrying its maximum load weight of up to 3500 Lbs. $ILUS Shareholder Letter 10/26/2023 $ILUS DD ~ DETAILS of CEO Business Update $ILUS Business Update by Nicolas Link Link: https://youtu.be/TSJkmmRE7Q0?si=fcSECy0vtIpWEq_l via @YouTube $ILUS $QIND BFC LIVE 09/06/2023 w/Brett Rosen & Jordhuga Link: https://www.youtube.com/watch?v=VbPdJM2YoOw
will be released on June 26th, 2023.
https://twitter.com/ILUS_INTL/status/1669391447370391554
https://twitter.com/ILUS_INTL/status/1666148039373864960
June 1st, 2023 - Shareholder Letter
ILUS Confirms Its First Quarter of 2023 Results
ILUS’ recently filed quarterly report confirms a 557% Revenue Increase, 44% Increase in Net Profit, and 630% increase in Balance Sheet over its previous year’s first quarter results.
Financial highlights from the First Quarter of 2023 report include Revenue of $19,810,011, Net Profit of $914,662 and a Balance Sheet of $251,012,532. The results further confirm the progress made by the company, while also highlighting key areas for expansion, optimization, and transformation.
“We have made progress in vital areas of the business and are pleased with the overall results as well as the prospects we have in place for the rest of 2023. Most of our businesses are affected by cyclical trends and we have solid order books in both our Industrial and Emergency Response subsidiaries, therefore we do expect substantial Quarter-on-Quarter growth through the remainder of this year. At the same time, we are working hard on several key growth areas in our Emergency Response subsidiary which we believe will have visible effect from this current quarter and increase as the year progresses,” said ILUS Managing Director, John-Paul Backwell
CEO of ILUS, Nicolas Link added, “We have once again demonstrated our ability to deliver strong results in a challenging environment. We remain focused on optimizing and improving key areas within our businesses and delivering key milestones such as the uplisting of our Industrial subsidiary to a National Stock Exchange within the coming months, before continuing onwards to exceed our annual forecasts.”
ILUS' Hyperion Defense comes with their own technology-counter IED and electronic counter measures & advanced Mixed Reality training simulation tech: "Slides from the Hyperion/Defense part of the presentation at the SHM"
*ILUS Order your E-Raptor Available through FireBug Distributor network or directly from E-Raptor
https://firebuggroup.com/e-raptor-utility-vehicle/ or https://raptor-utv.com/
BREAKING NEWS:
ILUS Confirms New First Phase Deal for ILUS EV Technologies in Serbia
ILUS expects the first *E-Raptor 6x6 models to roll off the Kragujevac production line during the second half of Q3 2023.
$ILUS - Ilustrato Pictures International reports FY results
ILUS filed its Form 10-K Annual Report with the U.S. Securities and Exchange Commission
Below are some of the financial highlights from the filing:
2022 Revenue: $78.3M
2022 Net Profit: $4.5M
2022 Revenue Run Rate: $140M (Q4 annualized)
Total Assets: $251M
2023 Annual Revenue Forecast: $200M+
Additional business progress highlights:
2020, 2021 and 2022 audits completed
SEC Reporting and Penny Stock Exempt
Expansion to 11 companies in the group
$150M+ in existing Purchase Orders
Increase to over 10 million square feet in facilities and workforce of over 1200
New Headquarters in Dubai, United Arab Emirates
CEO of ILUS, Nicolas Link added, “The filing of our 10-K for 2022 rubber stamps our immense progress as a group. Although we are pleased, we are never satisfied, and despite navigating several capital market challenges that cannot be overlooked, we remain well on our way towards achieving our most significant milestones as a group and even greater results in 2023.”
Operating out of New York, London, and Dubai, ILUS International (Ilustrato Pictures International Inc) is a public Mergers and Acquisitions company focused on adding Shareholder value through innovation and growth.
ILUS International’s vision has evolved in line with the needs of the technology and manufacturing sectors it has been involved in. We focus primarily on innovative emergency services, life safety and related technologies such as emergency response vehicles, electric utility vehicles, specialist vehicle conversions, disruptive firefighting equipment, wearable technology and related software solutions.
With a proven record of acquiring carefully selected businesses that are appropriate to our vision, ILUS aims to complete further acquisitions of companies which possess innovative and disruptive technology and already achieve annual revenue of $1-10 million.
ILUS International has already completed multiple acquisitions and is completing new acquisitions each quarter. Each acquisition rapidly increases the global expansion and growth of the company. Our primary focus is to add shareholder value as we continue to acquire, develop and grow companies which transform their respective industries and the world we live in.
ILUS International (Ilustrato Pictures International Inc) adds Shareholder value by acquiring, developing and growing businesses around the world which possess innovative and disruptive technology. The ILUS team works tirelessly to introduce new products, technologies, skills, efficiencies and improvements to the group of companies by cross pollinating within the group. Each strategic acquisition adds specific value to the direction and growth of the ILUS group of companies.
ILUS has a dynamic and experienced management team, all of whom have extensive experience in acquiring, and building companies within the relevant technology and manufacturing sectors where ILUS is focussed.
As of April 10, 2024 • 9:31:51 AM ET
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02-07-2021
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