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disaster strike today. wow
What's don't luck? What's cun t cook or is that suppose be can't or is it t is supposed to be closer to the cun? what skills? And if you want my mother you will have to dig her up. Again, you bought more stock good for you. Good Lock
I don’t luck cun t cook I got financial Skillz & thanx . Your mom around?
I am glad you had to tell everyone. You bought more. Good Luck.
ORCA, I also own both. AXXA doesn't look that good now. Costed every little. Will hold for an offset. Or goes up. ILUS has me for little more but I have a lot more shares. Still bullish but will not buy anymore that this time.
Adding share after share. Acumulating. As much fun as I’ve had , it’s almost time. Mount up iLLustrators , & you dirty discords. My iLLustrial beings, If you buy a stock hold your conviction (wink wink agin Austin) never waiver. Easy peasy.
BECAUSE I KNOW WHAT THIS IS ABOUT.IT IS A SHARE SELLING SCAM IMO.GO CHECK OUT AXXA.THEY ARE TWINS.CD AND NOTE HOLDERS ON BOTH.AND THEY BOTH SAY THEY HAVE MILLIONS UPON MILLIONS IN REVENUES.LOL.TAKE THE TIME TO DO DD ON BOTH.BOTH SAME BS.THEY KEEP BUYING COMPANIES.LMAOOOOOOOO.EASY MONEY FOR NOTE HOLDERS.
I quest you're your savor. You around a long time. Mostly bashing and telling people to sell. WHY?
A SHARE SELLING SCAM.ALL ALONG IMO.FLIP HER OR LOSE YOUR SHIRTS.
Mauiguy
IMO just all around poor execution and poor outside advice from their bevy of experts
Creaky, long term holders will remember that ILUS mentioned the name change MANY times. Then, the topic disappeared because they were off to new and better "adventures" to achieve great rewards for shareholders. We still seem to be waiting for everything..........
Johnny Smartask
You can read the history which is included after the financial statements and see how they got this illustrious name.
If I remember correctly, a good while back, they did mention something about filing for a change of name, but as is typical with them, they seem to have an issue completing things.
https://www.otcmarkets.com/filing/html?id=17078167&guid=K0d-keKroLkPB3h
Does anyone know why this is called Ilustrato Pictures International Inc
You think about it. Insiders own over 93% of the company.
OK good luck always. thank you good bye
Looking good for Now. let’s see wat happens.
All you Hungry Stock Gatherers. 🤤
Awww yes the ILUS discord , whos in control ? Can we own it?
HAHAHAAHAHAHA
Listen up Illustrians , remember walking alone doesn’t create movement.
ILUS as a company can't control whether there is discord group devoted to the company.
Does anyone else find this amusing that the company allows an ILUS discord & that too is a total Fiasco & then oh Hey Agin Austin Keeps us motivated lol ready for Serious Exponential Growth.
I'm not going anywhere. I was saying good bye to ORCA (in case that wasn't clear.).
Actually, I think you missed a lot. But not in the way that you think. All the signs of them merging with a NASDAQ company are present. I believe there is urgency for both parties in this merger and it will get done.
good luck good bye
More dilution,following the OTC pattern.No deals,multiple promises of dividends,listing on the nasdaq and increasing the share count.Did I miss anything?Same OTC fantasy world.Big on promises,zero on delivery.Good luck and good trading.
ILUS CEO, Nicolas Link, concluded: “.... 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.”
From yesterday's PR. Notice he didn't say final stages. He said final stage. Nasdaq is happening.
mentioned going consolidate shares , not good to that talk.$ILUS
Another slam bang pr today, and the 3 amigos do nothing.
{{{{{{except the huge increase in the AS.}}}}}}YUP.DILUTIVE POS.OR A SHARE SELLING SCAM.DIRTY BAGS FOR SURE.AFTER I READ THAT CRAPPY PR,IT WAS TIME TO BAIL.
Jedi
Didn't they use similar language as to the S-1?? And you know how that went.
They are always busy looking busy. Let them complete something for once!!!
Love the news except the huge increase in the AS.
the l.o.i. today is huge, 02-20-2024, autonomous is just starting in most companies. $tsla
has a secret van coming to market..
it is going to takeover the taxis service by storm.
it will be aps to our cell phone. i study all wkend on autonomous
NOW 15 ENTITIES WHEN DONE :AUTONOMOUS L.O.I. 02-20-2024 <>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173883080&txt2find=ilus
ILUS Signs Letter of Intent to Acquire a British Manufacturer of Autonomous Vehicles While Completing its Next Phase of Restructuring for Anticipated Growth
14 NEW ADDITION $SAML TODAY 01-10-2024 NOW 13 ENTITIES PLUS BOUGHT A CONVERTIBLE
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.
13 $ILUS 12 ENTITIES <> LINKS & VIDEO
https://ilus-group.com/about-ilus-international/
https://ert-international.com/
https://firebuggroup.com/
https://www.georgiafirerescue.com/
https://bullheadproducts.com/
https://bcd-fire.com/
https://tvc-international.com/
http://alsholasafety.ae/
https://qualityindustrialcorp.com/
http://qualityinternational.ae/
https://hyperion-defence.com/
https://replay-solutions.com/
https://raptor-utv.com/
E-RAPTOR UTILITY VEHICLES <> WORLD’S FIRST AND ONLY 6-WHEEL ELECTRIC UTILITY VEHICLE
Functional hard working utility vehicles can now also be environmentally friendly, whilst not needing to sacrifice power or reliability. Introducing the E-Raptor – the world’s first electric 6-wheel utility vehicle.
Thinking of the future, the environment, the legacy that we leave our future generations and the job at hand, the E-Raptor uses the most advanced battery technology mated to a refined automatic gearbox.
Introducing the E-Raptor, the world’s first and only electric 6-wheel utility vehicle.
Expect a smooth drive with excellent power and torque.
With 80km range on a single charge, the E-Raptor is fit for most commercial, industrial and agricultural applications.
It provides rugged reliability, class-leading performance and excellent driving control whilst carrying its maximum load weight of up to 3500 Lbs.
THANK YOU, AUTONOMOUS IS GOING TO GET BIGGER.$ILUS
AUTONOMOUS <>
IS JUST BEGINNIG MY FRIEND
STUDY ALL MONDAY
ONE SAID ALL TAXIS WILL BE AUTONOMOUS
SOON.
TSLA IN SECRET WITH NEW VAN FOR THIS POOL.
02-20-2024
$ILUS JUST L.O.I. WITH THIS AUTONMOUS POOL.
ILUS 13 ENTITIES , THIS WILL BE 14.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173883080&txt2find=ilus
Chartmaster
Perhaps you can clarify some items in the pr:
1)"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." As they previously stated he was not the one selling, why would it prevent further conversions?
2) "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" How does increasing authorized shares prevent any requirement for a reverse split, especially if it is meant to meet Naz price requirements? I assume the additional shares are needed to pay for the acquisitions. So unless these acquisitions move the price up considerably, the statement makes no sense. Also I hope this LOI does not end up like so many of the others--with nothing happening.
As one who understands the business world, I can honestly say ILUS is well on their way to becoming a impressive global entity. Patience will pay 100X here so long as they follow thru with their promises. I'm taking my time, but loading all I can under .02
HUGE NEWS!!! I added .0133
ILUS Signs Letter of Intent to Acquire a British Manufacturer of Autonomous Vehicles While Completing its Next Phase of Restructuring for Anticipated Growth
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
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
https://www.globenewswire.com/newsroom/ti?nf=OTA0MDA0NyM2MDc4NjgzIzUwMDA3NzExOA==
https://ml.globenewswire.com/media/M2Q0YTYxODUtZjFjYy00MmJjLWE5ODUtOWY3MmQ2OWM0YzY1LTUwMDA3NzExOA==/tiny/ILUS-International-Inc-.png
Source: ILUS International Inc.
© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/ILUS/news/story?e&id=2771582
2024 annual shareholder meeting!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173639633
https://investorshub.advfn.com/uimage/uploads/2024/1/16/tcjotScreenshot_2024-01-16_225306.png
ILUS Acquires the Majority Stake of Samsara Luggage, 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
https://www.globenewswire.com/newsroom/ti?nf=OTAxNTc3OCM2MDEyMTExIzUwMDA3NzExOA==
https://ml.globenewswire.com/media/ZGQ1NDRjNjgtZjkyNi00MzQ5LThiNjUtOTlkN2I1OWI2ODQxLTUwMDA3NzExOA==/tiny/ILUS-International-Inc-.png
Source: ILUS International Inc.
© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/ILUS/news/story?e&id=2736601
Bullish
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
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
https://finance.yahoo.com/news/ilus-signs-letter-intent-acquire-155000438.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
This situation reminds me of the lyrics from a Simon & Garfunkel song:
"You know the nearer your destination
The more you're slip slidin' away"
okay.maybe it will run to .03s who knows.Good luck.
no
waiting for diamond hand
you did not sell your 9 million when it went to .02s??
i am here becausebi hVe 9 million shares and seeing the two clowns damaging the beand. dont mess with me nincompoop
DUNDA why are you here? If all the unhappy people would call. Mean nothing, still don't have enough votes. Myself I have maybe 400 dollars onto it and if it go. I do OK If it goes bust, I can afford it The thing is don't buy or sell, just hold.
anyone willing to start?
Nicolas Link, CEO
As of August 1, 2024 • 3:00 PM ET
DATE/TIME | SOURCE | NEWS RELEASE |
---|---|---|
05/31/2024 12:51 PM EDT | NewMediaWire | ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) |
05/16/2024 11:17 AM EDT | NewMediaWire | ILUS Provides a First Quarter Filing Update |
05/02/2024 08:40 AM EDT | NewMediaWire | ILUS Files Form 10-K and Provides Shareholder Update |
04/17/2024 09:56 AM EDT | NewMediaWire | ILUS Provides Form 10-K Filing Update |
04/10/2024 09:26 AM EDT | NewMediaWire | ILUS Moves Forward With Its Two Subsidiary Uplists and Equity Dividend |
01/10/2024 09:53 AM EST | NewMediaWire | ILUS Acquires the Majority Stake of Samsara Luggage, Inc. |
NEWS: ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS)
NEW YORK, NY - (NewMediaWire) - May 31, 2024 - ILUS International Inc. (OTC: ILUS) is a mergers and acquisitions company focused on acquiring and growing businesses in the public safety and industrial sectors. The company recently signed a binding term sheet with Actelis Networks, Inc. (NASDAQ: ASNS) for ASNS to acquire its 61% stake in the ILUS Industrial subsidiary, Quality Industrial Corp (OTC: QIND), subject to customary terms for closing.
At the closing, Actelis will issue to the sellers 19.99% of its common stock and preferred non-voting shares for the balance of the consideration. The companies aim to close the transaction, pending regulatory requirements and due diligence, within 60 days. The preferred shares shall not be convertible to common stock before six months after the closing or until a registration statement is effective, whichever occurs sooner. The exact number of shares of the Company to be issued to the sellers will be based on a ratio of valuations of ASNS and QIND to be determined between the parties before closing.
After the transaction is completed, QIND will operate as the industrial subsidiary of ASNS, working alongside Actelis Networks, Inc. (Actelis), which will function as the technology subsidiary of ASNS. ASNS will consolidate the financials of both of its subsidiaries.
ILUS CEO, Nicolas Link, stated, "We believe that the acquisition of our stake in QIND by Nasdaq-listed ASNS will accelerate the growth of our Industrial subsidiary as well as ILUS itself. Following the completion of the transaction, our resultant stake in ASNS should significantly enhance our ILUS balance sheet and provide an improved platform for us to raise additional capital for the expansion of QIND and to complete planned acquisitions. As a company, should we elect to convert our preferred non-voting ASNS shares when the option becomes available, we could become the largest ASNS shareholder. This transaction is aimed at being the first in a series of transactions intended for the growth of our businesses and to add substantial value for our Shareholders. Our unwavering goal has been to uplist our subsidiaries and enhance the growth of our businesses and this transaction represents a constructive first step towards reaching that important milestone."
Actelis is a leading provider of cyber-hardened, rapid-deployment networking solutions for wide-area IoT applications. Their solutions cater to various sectors including federal, state and local government, ITS, military, utility, rail, telecom, and campus applications. Actelis offers a unique portfolio of hybrid fiber, environmentally hardened aggregation switches, high-density Ethernet devices, advanced management software, and cyber-protection capabilities. Their solutions aim to maximize the potential of essential networks, providing secure and cost-effective connectivity for rapid deployment.
QIND is a manufacturer and service provider for the industrial, oil and gas, and utility sectors. The company is involved in the design, consultation, supply, installation, and maintenance of liquefied petroleum gas (LPG) systems. Currently, the company services nearly 40,000 customers from its 7 operating facilities in the United Arab Emirates, employing nearly 100 personnel. QIND is an internationally certified company that provides services to customers such as Emirates Airlines, Emaar, Government of Dubai, Dubai Properties, WASL Group, and others.
ILUS and QIND are confident that teaming up with Actelis will open up new group expansion opportunities. QIND can leverage Actelis' advanced technology and smart-grid solutions to deliver remote monitoring, automated delivery, and billing, as well as real-time forecasting and supply chain optimization. Additionally, Actelis is expanding its business into new geographical regions with applications in new, critical verticals such as energy, utilities, and public safety.
Actelis is also exploring additional synergies with ILUS' public safety subsidiary, Emergency Response Technologies Inc. ("ERT") (OTC: SAML), although ERT is not part of the current transaction. ERT specializes in designing, manufacturing, and supplying patented firefighting technologies and various solutions for the public safety sector.
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
https://ilus-group.com
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 focused.
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02-07-2021
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