Ilustrato Pictures International Inc. (ILUS) and Red Creek Reserve Announce Intention to Merge Press Release | 12/14/2018
Larson Elmore, Chief Executive Officer of Red Creek Reserve, will become Chief Executive Officer of the merged company.
Derrick McWilliams, the current CEO of ILUS, said: "The proposed merger with Red Creek Reserve is an exciting opportunity to create an even stronger and more innovative company for our associates and shareholders worldwide. With extraordinary reach, diverse products, formats, and great people, we are bringing together a world-class organization to deliver even more for the communities we serve. Our companies share common values, proud histories and rooted in family entrepreneurship. We look forward to the merge to reach new levels of service and success."
About Larson Elmore
Larson is a committed, motivated, self-employed consultant with over 35 years of development and has a promotional experience with exceptional customer-relation, communication, organizational, and decision-making skills. He brings a strong work ethic and professional demeanor with proven talent in his core skills. Larson has orchestrated private and public corporate formations and has played a major role in many innovative initiatives.
His second major role has been in organizing sustainable Real Estate Developments in all sectors of development from land acquisitions to high-end custom homes, retirement communities, casino resorts, commercial office complexes, greenhouses and grow centers, condominium developments, and hotels.
About Red Creek Reserve
Red Creek Reserve does not grow or sell Marijuana products. We locate, option, and purchase/lease sites, then erect the structures for licensed grow and dispensary operations using the latest state of the art technologies in each facility. (learn more)
The unique feature of our operation is that we fund the upfront capital investment for each project facility. This includes a turnkey package for immediate licensing, processing, and operational deployment. The licensed operator simply leases the facility and attaches their license to the specific location to get their approvals in place with the governing State of their operation. Our development program is designed to get the licensed operator in business as rapidly as possible, thereby allowing the business to establish profit quickly.
We take the development process to a level where the operators can begin organizing their business. We help them establish a profitable grow and dispensary operation, which helps sell their products. In addition, the licensed operators of dispensaries or grow centers can enter this space with minimal upfront investment through our leasing program.
The technologies that are implemented in our turnkey matrix are proven for efficiency and designed to achieve the highest profitability. We provide experienced talent in horticultural consultation, operational design, building structures, plasma grow lighting, and IT tracking from seed to sale. Our leadership has extensive long-term track records in their respective roles to accommodate and deploy the development plans in the rapidly emerging Marijuana industry.
Safe Harbor Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. Also, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.