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Right Said, Fred...
The shorts certainly don't help...Neither does being classified on Wall Street as a pink sheet company...But beyond that as I've suggested previously in response to this recurring puzzle of a stagnant or falling stock price despite favorable news, MAJOR contract signings, interest from large institutional investors and domestic retirement accounts incorporating our stock into their asset mixes appear to be the only levers strong enough to propel this stock upward and keep it moving higher, gradually...That, and perhaps the outstanding share count, are likely the main sticking points--at least for the time being...
We can only wait and see if the uplisting will move the share's price. !!!!! The overall market isn't that good and getting worst !!! We could see 0.04...
Fill the gap and let's go Bunda!! Weeeee
Let's see it!!
HEHEhehehe CHEAPER SHARES FOR ME
if they can get that far without initiating a reverse split, that will be a true miracle...
The problem isn't the company. The problem is the "investor" base being short term traders looking for fast lunch money. Once they get away from the OTC the truth will unfold.
isn't it odd that news has been flowing out for some time now, and this ship is still stuck at the dock? people beg for news and when it comes out nothing happens. LOL this has only had one good spike, and since it has been going lower and lower to where it is now.
Maybe they were implored to use that auditor by suiting firms in that Persian Gulf region...
Again, not all questions are indicative of skepticism or rancor...My original question about ILUS' choice of an auditor grew partly out of the fact that our headquarters are co-located not just in Dubai, but also in major financial centers (New York and London...) My hope was that having an internationally recognized auditor review our financials might spur interest in our stock from the larger institutional investment community whose attention and confidence we've been trying to secure all along...And with Pipara it may yet...I'm certainly hoping so since I have six figures worth of stock vested in our eventual success...
Those audited fins and name change will change the Dynamics here imo!!!
agree cash. sitting in Dubai office paying fancy rent and the worse paying rent in New York office making the share price cannot go anywhere.
you can make all the money in the world but the overhead expense to too much. I wonder what those guys salaries are. the margin is the worse I every seen.
operating expense is so high they cannot turn a profit selling hose nozzle. they need to sell gold and diamond here to win.
there are tons. the pump price are baked in here. this supposed to be a tripple zero play at this time
everytime there is news this shit stinks. this thinks is like dry donkey shit. so hard will bot budge
Tx t m announced fins nice pop there. Shorty mm's n wolves are here, obviously, who ever GS is? Reminds me of the abbreviation for gas,,, like alot of stinky hot air.
This BS will continue until it doesn't. Could happen overnight once the cabal decides it's time to pump it.
At this point… considering the doggedness of his negativity towards ilus
The constant selling pressure… and constant short attacks throughout every trading day… I am very certain old Georgie boy has been paid off by a short group.
Would love to squeeze these damn shorts and their position.
I am just saying, that what other OTC company has delivered everything consistently for the past year… and every step… we get a damn skeptic.
Honest perspectives and inquiries are not fear, uncertainty or doubt...Take it, leave it or ignore it
Omg.. now this is the FUD? They finally come through with audits. Show you pictures and video of facilities all over the world. People have called Giorgia fire… every time someone says something they counter it with a video, letter to the shareholders and Q&A… I don’t understand how this is now the suspect piece. They are in Dubai, where their HQ is located.
I've said it over and over again: With this many shares outstanding the ONLY thing that's going to budge our current stock price in the desired direction are signed contracts with industry giants like Boeing, Archer Daniels Midland, Lockheed or institutional conglomerates of that caliber--and audited financials tied to those partnerships once we've been upgraded to a higher trading platform like the OTCQB or the NYSE...Until those things take place all of the rosy talk about ILUS investors earning transformative generational income is just a pie-in-the-sky pipe dream
I wonder why Nick and JP went with a relatively unknown foreign auditor to perform scrutiny of our financials for reporting years 2020 and 2021...Any thoughts?
I certainly hope you're right, but who knows?
Not Mr. Shit....Mr. Sharp...
Lethargic? No, they have done what they said they would do, this is a
Buy and Hold!
This stock has become so lethargic.
Were is it?? Copy here! Thanks
nice. would this the stock will hit the moon after this happens
via NewMediaWire -- ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. To become fully reporting, the company has undergone audits of its 2020 and 2021 financials. With the completion of these audits, ILUS is preparing filing of its Form 10-12G Registration Statement with the U.S. Securities and Exchange Commission (the "SEC"), for submission during September 2022.
"We are excited to announce that our 2020 and 2021 financials are now audited. As part of our ongoing commitment towards transparency and accountability, we will be a fully SEC reporting company once the Form 10-12G Registration Statement is filed and effective," said ILUS Managing Director, John-Paul Backwell.
Following the effective date of the Form 10-12G, the Company will be subject to the reporting requirements of the SEC. This means the Company will be begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q, periodic reports on Form 8-K, and subject itself to additional reporting obligations related to proxies, shareholder actions and stock ownership rules.
The Form 10-12G filing provides investors with detailed and audited information about the Company's operations, including an overview of the business strategies, risk factors, and financial statements. The ongoing obligation to file timely reports with the SEC will help the Company's current and potential new investors make more informed and educated investment decisions about the Company.
Following the Form 10-12G effectiveness, which will have automatic effect 60 days after submission to the SEC, the company plans to change its registered name and apply to OTC Markets to up list from the OTC Pink Market to the OTCQB.
As per the company's originally stated milestones, plans for an ILUS up list to the OTCQB are running concurrently to plans for its Emergency Response Technologies subsidiary to up list to a major stock exchange such as NASDAQ or the NYSE.
ILUS CEO, Nick Link, commented: "Since taking over from the previous management in January 2021, we knew it would be an enormous task for ILUS to complete a two-year audit considering that the audit would include a full year during which we did not yet manage the business. The audit also covered five companies in 2021 and therefore it was certainly no small task. Regardless, our team has made an immense effort to supply our auditors with their required information and we are incredibly proud of the progress made as a result. We now look forward to completing the next steps in the process towards ILUS becoming a fully reporting entity at the same time as we work towards completion of our largest acquisition and fulfilment of several important subsidiary milestones."
With ILUS' two-year audit being completed within the communicated timeframe, the company's PCAOB registered auditors, Pipara & Co. LLP., will now complete their review of the company's first quarter of 2022 financials. The auditors have already reviewed and verified ILUS' second quarter financials, which included a 553% increase over the previous quarter, to $ 19,677,222. A letter from the auditor confirming their review of ILUS' second quarter of 2022 financials can be found by clicking on the following link or copying and pasting it into your browser: https://data-room.center/Data/ILUS/Letters/ILUSQ22022AuditorsReviewReport.pdf
For further information on the companies, please see their communication channels:
Website: https://ilus-group.com
Twitter: @ILUS_INTL
Contact:
Email: IR@Ilus-Group.com
Source: ILUS
Related Links
ILUS 2 YEAR AUDIT IS DONE WEEEEEEeeeeeeeee
Getting close for a nice reversal once choke hold comes off!!
they have been busy since the last year bringing the price down.
many hidden stories here.
lol. are you trying to beat the way I was thinking on this board. shocking to see you saying this ..
the leaders already cut out their paycheck for the next 10 years. this is what they are saying this is long term. they will screw this up so bad till it goes to tripple zero. will happen soon
run run run.
This freaking $19M revenue company can't even hold a little green. FHS...
Still deep in oversold territory. Somebody or something needs to make the market believe in the wolf tickets being sold...
Still deep in oversold territory. Somebody make the market believe in the wolf tickets being sold...
Should be a busy next 33 days here, lots to look forward to and a favorable chart with 1/6 month consolidations completed and the all time high on 11/8/21, it’s overdue:
“2:45p ET 8/15/2022 - Globe Newswire
ILUS Confirms Its Second Quarter of 2022 Results, Including a 553% Revenue Increase Over Its Previous Quarter, to $19,677,222
via NewMediaWire -- ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. The company, which increased its revenue over the same quarter in 2021 by 588%, and by 553% over the first quarter of 2022, is confidently on track to exceed its annual run-rate revenue forecast.
Highlights for the three months ended June 30, 2022, are as follows:
-- Revenue: $19,677,222.51
-- Net Profit: $1,132,322.21
-- EBITDA: $ 1,659,141.95
-- Assets: $55,308,410.82
-- Working Capital: $9,640,172.49
Progress during the second quarter included ILUS acquiring the majority stake of the fully reporting OTCQB company, Wikisoft Corp. which then underwent a name and ticker change to Quality Industrial Corp (OTCQB: QIND). QIND has signed a binding Letter of Intent to acquire 51% of a United Arab Emirates based process equipment manufacturer which is generating more than $100 million in annual revenue.
Following its participation at the FDIC Exhibition in Indianapolis in April, where the ILUS Group product range gained positive attention from potential US and international customers, the company continued to focus on business development and improvement of the businesses within its group. ILUS has been especially pleased with the progress made by Georgia Fire Rescue, which delivered its strongest quarterly performance to date after moving into its new larger facility. Steady growth has been delivered across the board within the group and with the third quarter already well underway, ILUS is confident of an even stronger performance in its third and fourth quarters.
During the third quarter, ILUS expects its audit to be completed, following which it plans to file its Form 10 with the SEC to become a fully reporting entity, change its registered name, and apply to OTC Markets to up list from the OTC Pink Market to the OTCQB. The company is also progressing with closing negotiations for important acquisitions which will add specialized technology, additional manufacturing capability and further significant revenue to the group. ILUS also plans to make important announcements regarding its roadmap and important milestones during the period.
ILUS Managing Director, John-Paul Backwell, commented: "We have delivered very impressive growth during the second quarter, and we are just starting to get into our stride as a global company which aims to become a dominant conglomerate. With even bigger deals on the table and so many exciting developments taking place behind the scenes, we are thrilled about all that the back half of the year holds in store for our company and our Shareholders."
For further information on the companies, please see their communication channels:
Website: https://ilus-group.com
Twitter: @ILUS_INTL
Contact:
Email: IR@Ilus-Group.com
Source: ILUS
Related Links
https://ilus-group.com
”
True. Though he is still an ilus believer and throws it in his videos.
Need a Moon Market Pump! Haaa
Takes time. It’s still on per the conference call. Just takes time to RM a huge ass industrial company into a ticker.
Usually takes months to reverse merge a scam OTC company, but quality international is the real deal.
THE SISTA COMPANY DOWN TO .17 WOW.MAYBE THE MERGER IS NOT HAPPENING.
Wall .07 + come..on..flush's..down..with..no.strong..catalysts_leaves..safety to cash or what else could be with MM watching
After the morning seller flush we should end the day at a higher trading range from the previous day. Looking for $0.20 in three weeks at this pace as small cap value investors move in.
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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.
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions.
There is no express or implied solicitation to buy or sell securities.
The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned.
Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only.
No stock exchange has approved or disapproved of the information here.
02-07-2021
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