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Valuestream
I understand your feelings. However, they may not want to issue a dividend until the merger is a certainty.
On the other hand, their wording sounds like they have already approved it, so maybe they will do it earlier.
The question is---what will it mean to the ILUS investor? They state the dividend will be from the 350,000 Series B stock
(which are convertible into 350 million common). Will they convert first and then issue the common? Will they issue the Series B straight out? Are there restrictions to converting the Series B? The PR stated:
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.
So not all of it will be distributed. And of amount distributed, what will be the dividend ratio??? Even after you get the shares (pre-merger), what further ratio will there be in the merger exchange? For example ONLY, let's say they declare a dividend of 10 SAML shares for every 1,000 ILUS shares, and assume one owns 1,000 shares of ILUS, you would get 10 SAML shares as a dividend. But then in the reverse merger, you may get 1 new share for every 10 shares of SAML. So after all is said and done, you will own one share of that Naz company.
Inquiring minds would like to know.
I sure as hell hope that I'm not asking too much regarding them setting a date and terms for the dividend--this is the kind of thing that actually gives shareholders some faith in the company and management. You can plan all you want but you actually have to get something accomplished at some point.
Ikr! You can buy the shares up 25% today @ .03 SAML "Dividend" is already trading on OTC and a subsidiary of ILUS.
Dear Management: can the dividend date finally be defined please?!? Your shareholders have been waiting for this for a long, long time.
I have enough shares to keep me interested. But can I believe? In what their saying. Is it more lip work or noise coming form their mouth.
Yes, I think we've heard this message previously..........many, many times. Wouldn't it be nice if it actually happened?
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.
More of the same, but a bit more humbly and with less "excitement in their voice"
Basically same message---everything just over the horizon. We keep screwing up, but we are working hard.
One day they will finally accomplish what they are trying to do.
this is a longtime coming so far. usually these divys never trade. they go to restricted stock.
i have yet to have one trade.
ILUS Moves Forward With Its Two Subsidiary Uplists and Equity Dividend
April 10 2024 - 09:36AM
InvestorsHub NewsWire
News: ILUS Moves Forward With Its Two Subsidiary Uplists and Equity Dividend https://finance.yahoo.com/news/ilus-moves-forward-two-subsidiary-132340418.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
by george sharp?
everyone should call every second
agree. they need to go. i call theor office today and they are hiding
This management continues to embarrass itself. We have been saying for months that the S-1 is probably dead, and they finally admitted it. Besides all the LOI's that have not come into fruition, now an actual purchase suffers the same fate.
I guess the recent purchase of the new gas company was a "consolation prize" event. As they knew they were terminating the QI purchase, and thus the S-1 was a waste of time and money (and now being pulled), and they were promising shareholders the uplist merger, QIND had to have something in it to merge with into the Naz company. Thus, the new purchase. But is the value of QIND now reduced and thus the exchange ratio for QIND shares will be much less????
What about the QIND shares given to Artelliq for the loan that was made to QI? I assume they will be unloaded in the market, if they have not already. So more shares given with, in essence, now nothing received.
How can they now screw up the SAML transaction?
ALL IMO
What happened to the $ILUS QB application? #ToldYaSo https://t.co/9W5TMCU6Vx
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) April 9, 2024
We got scammed. Plain and simple.
jp and the other clown needs to go
https://www.otcmarkets.com/filing/html?id=17435435&guid=BRQ-k6RnR1BGB3h
Based on the QIND filing, having terminated the QI purchase, and need for restatement of prior earnings reports, one would assume that ILUS (which included QIND earnings) will have to re-state as well??????
Thanks. I figured some profit taking.
We are in the Path of Totality
Pothen
It went up significantly on Friday, for no apparent reason. Someone may have thought there was news coming.
When nothing happened, there is selling. So basically back to where it was before the sudden, short-lived move. Just my guess.
Are you high? Up listing would help any company. But don't you have to meet requitements? How close is ILUS to meeting any requitement?
Does anyone know what happened with QIND that it dropped so much today?
All 3 sisters weak today. Have Nick & JP screwed up again?
Hope not.
suprize jp and nick still have a job
Up-listing will be huge for $ILUS
HAHAHAHAHAHA, LOVE a ❤️ GOOD PUMp!
Dang Near?
If QIND actually uplists...I would hope that the dividend finally gets distributed...eternal optimism?!?
Is that wishful thinking or just pump?
This don’t feel or sound very Organic , The purge before the Great Merge ?
The storms comin ?
Wen Pacer ?
ORCA Why are you still here crying? Hope you feel better. Myself I own a couple thousand. If it goes up, I win. If it goes down, I only lose peanuts. If you overindulge and you overspend your means oh well.
Can’t delay much longer ORCA , are you the Matriarchal pod leader?
A SHARE SELLING SCAM.EVERY SINGLE DAY.THE DELAY OF THE 10-K IS SO THEY CAN KEEP SELLING SHARES TO SUCKERS.
Today won’t be a good day, Cuz we ain’t got that M*F****** 10k
Yes, I am glad that you noticed the payment terms in the $QIND 8k filed yesterday for the stock purchase agreement of Al Shola Al Modea Gas Distribution. The payment terms were "$9 million in National Exchange listed stock or cash to be paid to Seller. Payment in eight quarterly tranches over a period of 24 months, beginning from the first quarter following uplist to a National Exchange."
Why would Al Shola accept stock as a possible payment and why would they allow that the payments be tied to the uplist event? Because they are confident that $QIND or $ILUS will be a NASDAQ listed stock in the very near future. Al Shola will do their due diligence into the matter certainly.
Yes, they can pay in cash if they choose to.
$ILUS very close now! 10k to be filed within 15 days
https://www.otcmarkets.com/filing/html?id=17418101&guid=A9Q-kFYv2uGaJth
Just hope that value guarantee for the stock payment portion does not smell of death spiral implications, as the lower the stock price may go, the more stock has to be issued. Unless they have option to make up the value difference with cash payment
https://www.sec.gov/Archives/edgar/data/1393781/000121390024029067/ea020267801ex2-1_quality.htm
Very strange Purchase Terms. 90% of price to be paid in as not yet existing stock, with a Value guarantee. At least it seems both sides confident that the NAZ merger will be happening
1.02 Purchase Price. The Parties have agreed a “Purchase Price” of 51% shares valued at $10,000,000 (Ten Million USD) ), which is payable as part payments as follows:
Tranche Timeframe and Conditions Amount Paid By Paid To
1 $9 million in National Exchange listed stock or cash to be paid to Seller. Payment in eight quarterly tranches over a period of 24 months, beginning from the first quarter following uplist to a National Exchange. Stock value to be protected by a make whole agreement/s and each tranche subject to a mutually agreed 12 months leak out agreement. $ 9,000,000 QIND ASG
2 Within 12 months of closing and at the soonest possible time, $1 million cash payment to the Seller. $ 1,000,000
$ILUS Subsidiary Quality Industrial Corp. (QIND) Reports Definitive Stock Purchase Agreement
$ILUS $QIND https://t.co/JWUEfgMc4L
— ILUS International Inc (@ILUS_INTL) April 2, 2024
They keep delaying so they can keep selling shares.Scambags.
per a poster on X
@igal_n
$QIND NT 10-K filed (15-day filing extension for annual report). Presumably, an NT 10-K will also be filed for $ILUS, possibly for $SAML as well. We can expect to see the annual filings for any company that filed an NT 10-K by April 16th. Just a couple more weeks…
Tune out the spammers peeps , let them spam their life away. We’ll find out soon enough
Haha. No. Just the date that all filings of this class are due.
Nicolas Link, CEO
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.
As of June 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 News Out May 31, 2024 $ILUS on TWITTER https://x.com/ILUS_INTL/status/1796588659187060898
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
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02-07-2021
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