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NEWS: $QIND Operating Company, Al Shola Gas, Receives Over $1 Million in New Orders Since The Start of July 2024 https://accesswire.com/891591/qind-operating-company-al-shola-gas-receives-over-1-million-in-new-orders-since-the-start-of-july-2024 #QIND an ILUS subsidiary.
$QIND Operating Company, Al Shola Gas, Receives Over $1 Million in New Orders Since The Start of July 2024 https://t.co/9EoVbtTl9L $ILUS
— Quality Industrial Corp. (@QualityIndCorp) July 23, 2024
Great assessment. Things will turn around soon. $QIND
NEWS: $QIND Operating Company, Al Shola Gas, Receives Over $1 Million in New Orders Since The Start of July 2024 https://accesswire.com/891591/qind-operating-company-al-shola-gas-receives-over-1-million-in-new-orders-since-the-start-of-july-2024 $ILUS
Exactly just a pile of doo doo 💩
Monkey see monkey take a doo doo
Obviously no one cares what you think. Waste of a board? Yet you keep appearing. Can you provide us proof of your income vs Nick Links ?
I think the reverse merger deal with QIND will give the ASNS stock a good long term future. I expect it will help in the short term, but I can't say for certain. QIND has other acquisitions lined up that should really boost the revenues.
Yes they her felonious son Shaneal ( who names their boy shaneal?) pumped the stock as hard as he could on webull and reddit getting retail to go in hard and fast. They called the company a scam and sold out from underneath us all tanking the stock friday afternoon when prices were up CTB was 500% , ASNS was on Reg SHO shares had not been returned in 5 days , 0 days to cover on a friday… hmmm my complaint gets filed with the SEC on monday.
This reverse merger is gonna tank my ASNS holdings isn’t it. That why the recently price manipulation of ASNS attempting to trap retail so they wont sell?
$QIND & $ASNS Transaction Update: The parties signed an Amendment to the Binding Term Sheet, extending the non-solicitation & no-shop periods through to the end of August 2, 2024, unless otherwise mutually terminated. All other terms remain unchanged & in full force & effect.
— Quality Industrial Corp. (@QualityIndCorp) July 19, 2024
I like listening to bears when they have thoughtful ideas. But when they bash companies or posters without anything useful to say, I use the mute button on them.
$QIND is closing in on its deal with ASNS. This will be the 2nd step towards them becoming a big board stock. The 8k should have the valuation of QIND that was used in the deal according to JP. That ought to reset the stock value partially.
HAHAHAHA!!!!YOU MAKE ME LAUGH PETEEYE! THAT BF THE MOST ICONIC COOLER
This Guy belows absolute garbage -BLOWS it, literally NOTHING he’s said has ever happened!
$QIND is on track to complete the merger deal with $ASNS. If it had fallen apart they would have had to issue an 8k within a few days. They haven't so, it is on. If they don't finish by 60 days (July 22), I'm sure we will get an update from the company. The reset in value for QIND isn't far off.
You have offered nothing substantive in your posts.
These guys couldn’t manage a toilet in a virtual office
Ignore the morons
What a worthless post.
All his money went up in smoke on Finra fees ,
Poof now it gone
Smokey
$QIND 0.074 +19.35% HOD .0785 Thin on ASK.
$QIND Stock Overview https://www.otcmarkets.com/stock/QIND/overview
With all the good news you’d think this garbage would move it ain’t. F ya
AginAustin Much obliged.
If you can "Follow Me", then I will be able to send a PM
Thanks
Yes, lack of capital is a big deal and that is why they are getting to the big boards. Once QIND is on the big boards, ILUS will have capital that it can use.
As far as the ERT companies getting orders:
1) He said that they don't always have the capital to fulfill the orders (sadly). Costs money for inventory and manufacturing and then there is a substantial delay before they get paid. takes money to make money.
2) As for PR's, he did acknowledge that they could communicate better, but at the same time he said they are trying to act like a big board company who typically don't PR orders.
Regarding Replay: This has been a point of confusion and they should clear it up. My understanding was that the kept the US rights to replay, but sold off the international rights to CGRA.
I unblocked you.
Agin Austin
Accurate summary. However, I think he stressed lack of capital quite a few times, so it may be a bit more severe.
If the ERT companies are getting orders, why do we not see any pr's? Most companies announce substantial contracts. Even ASNS has pr'd a few
in last weeks.
Also, wasn't Replay sold to CGRA in exchange for stock in CGRA?
AginAustin
Creakyhunk
Some notes that I took from Nick's vodcast on Friday. Things look good for $QIND.
I just finished watching Nicks vodcast. While there was a fair amount of macro items discussed, I felt there were some valuable things discussed regarding ILUS and the subsidiaries. He spoke in someone general terms, but it seems pretty clear that the things he described in general were things that they were actually going though. A few notes:
For the QIND subsidiary the valuation of that subsidiary is going to come out in the next few weeks as we get to the closing time of the ASNS deal which will be in the 8k filings. No headwinds and no issues with us moving towards closing that deal. The QIND business on its own is valued North of 50 million and its MC is 7 M.
We maximize the valuation on QIND and we grow that business out as fast and hard as we can within the constraints and the capital we have.
Both Georgia and Bullhead and Firebug have more orders than they can deliver due to capital constraints (he describes the reason for these constraints)
QIND is north of 30, 40, 50 up to 60 Million in valuation. SAML is probably not far off that because it's got a massive technology play and its got valuable patents.
Haven't pumped in any money into Eraptor and replay. These two could be worth double all the rest. I think he was referring to the rest of the SAML businesses.
Regarding QIND: We are in line with the QIND timelines in the 8k. The light at the end of the tunnel is really close. ILUS will then have liquid capital.
Don't have to deal with FINRA on the bigboards. (FINRA seems really incompetent was my view on his description)
He then spoke about organic S1 uplists vs the route they are taking. It was very interesting.
float criteria is higher on S1. Have to have $50 million of float. For OTC uplist, that requires raising of capital as an OTC via S1. That is difficult. Organic uplisting process is fragile. RTO - now is becoming a NASDAQ/NYSE thing because there are are 700 facing delisting. That company may say that they may be better off as a private company. (54 minute mark). Those companies are looking for someone to take over their vehicle and to become private. So, it appears that the ASNS business would become private (my speculation).
Once registration is up and they are in the driver's seat. (56 minute mark) they will quickly close the deals they have lined up.
Don't want to create a mess with their registration statements by doing the deals prior to uplisting.
capital is able to be taken down during the deal and not necessarily at the end of the deals. So, perhaps they are doing an offering prior to when ILUS converts their ASNS shares
It appears he will talk about ASNS deal at a later time.
Still will be a shareholder meeting once they have transparency on the ASNS deal and for other vehicles.
What is your X/twitter handle?
AginAustin
You blocked me on Twitter. Would appreciate if you unblocked so I can send a private message. Thanks
Ouch! HAHAHAHAHAHAHAHA!!!! Waiting to see how this ends…….
Live stream with Nick and JP regarding ILUS and QIND. Thursday 5 PM EDT
https://www.youtube.com/live/aKctJ9V3KEk
ASNS had a PR afterhours and was up about 150% approximately. Hopefully that will spill over into QIND and ILUS to some lesser degree.
Hit a low of .0461. This merger stuff is really working out.
I think this post is a good interpretation.
After re-reading the PR and giving it some more thought, it would appear what we see here is the first piece of the puzzle. This acquisition by $ASNS gives $QIND (and by extension $ILUS, which is majority owner of QIND) just under 20% of ASNS *voting* common shares (any more… https://t.co/pZCeWATsz1
— igal 🇮🇱 (@igal_n) May 23, 2024
Jedi---Here is a bright guy on Twitter who analyzed it like you.
@igal_n
Yes, it's confusing but as I understood it, $QIND is selling 61-75% of its shares to Actelis in exchange for just under 20% of $ASNS shares. But due to the difference in valuation between the 2 companies (QIND valued much higher), they will eventually own a majority of ASNS on NASDAQ... It's a type of RM without calling it a RM. I'll try to figure this out more clearly later.
10:22 AM · May 23, 2024
AginAustin
Have you made any sense of today's pr?
Has not done much for QIND today. ASNS, whose avg daily vol is less than 100k shares, had 13 million sh volume so far
I don't read it that way. We will have to see how this develops.
Hopefully it does not fall apart.
Yes, it's confusing but as I understand it, $QIND is selling 61-75% of its shares to Actelis. That would be in exchange for just under 20% of $ASNS shares. Due to the difference in valuation between the 2 companies (QIND valued much higher), QIND will eventually own a majority of ASNS on NASDAQ.
$QIND valued much higher today!
So how is this going to work? They are not buying the whole company. I assume all s/h will be part of this (and not just JP and Nick). Do we all get a pro rata share of the acquiring company, and are left with those shares and the balance of QIND shares? QIND will still trade as a stand alone company. ????????
CONTACT
Quality Industrial Corp.
315 Montgomery Street, San Francisco
CA 94104, USA
Phone: +1-800-706-0806
Email: info@qualityindustrialcorp.com
Investor site: https://qualityindustrialcorp.com
Twitter: @ QualityIndCorp @ILUS_INTL
SOURCE: Quality Industrial Corp.
ACCESSWIRE / January 11, 2024 / Samsara Luggage, Inc. (OTCQB:SAML) was formerly a manufacturer and distributor of luggage and following a change in business direction, the company is now a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety sector. This change in business direction follows the acquisition of the majority stake in SAML by Ilustrato Pictures International Inc. (OTC: ILUS).
As per the Form 8-K filed by SAML on January 9, 2024, the company confirmed that 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 SAML common stock. As a result of the conversion, as of January 5, 2024, ILUS acquired control of 91.5% of the outstanding shares in SAML.
SAML confirms that its existing luggage business will be spun out and ILUS intends to merge in several of its existing Emergency Response focused companies in return for a stock consideration to Shareholders of ILUS. The company confirms that going forward, it will function as the Emergency Response subsidiary of ILUS, known as Emergency Response Technologies (ERT).
SAML plans to change its name and ticker as appropriate for its change in business direction. This shall take place 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.
SAML is planning the aggressive expansion of Emergency Response Technologies in order to execute the business plan of its parent company, ILUS. The company has made its own funding arrangements in order to execute its growth plan. In addition to the merging in of existing ILUS assets, the company is considering further acquisition options, whereby negotiations have taken place or are currently taking place. This includes the possible acquisition of a US headquartered emergency vehicle manufacturer and distributor. Following execution of its initial growth plan, SAML intends to uplist to a major stock exchange.
Mrs. Atara Dzikowski, and Mr. David Dahan have 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. Dan Peters will serve as President of SAML, and further appointments will be made to the company's board and management team.
Over the course of the coming weeks, SAML will provide a number of updates to Shareholders as assets are merged in and business progress is made. 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
FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.
SOURCE: Samsara Luggage Inc.
© Copyright 2024 ACCESSWIRE. All Rights Reserved.
SAN FRANCISCO, CA / ACCESSWIRE / December 7, 2023 / Quality Industrial Corp. (OTC PINK:QIND), is a Manufacturer of equipment and infrastructure for the Industrial and Energy sectors. Today the company filed an amended S-1 Registration Statement for the sale of its common stock in a firm commitment public offering and concurrent NYSE American listing. The amended offering shall be for the amount of gross proceeds of up to $3.5 million.
As described in the S-1/A, QIND is in the process of revising the terms of its ongoing payment tranche obligations for the acquisition of Quality International. While the revised payment terms are being agreed, the company has filed its amended S-1 for the purpose of disclosure and progress towards the clearance of SEC comments. Clearance of comments and the corresponding date of S-1 effectiveness affects the terms to be agreed in the revised payment arrangements.
QIND's original S-1 filing contained an offering for an amount of gross proceeds of up to $7 million which has since been reduced to $3.5 million, therefore reducing dilution. Further the company will amend the S-1 to include its engaged Investment Bank once the structure and timeframe of the revised payment arrangements with Quality International are finalized.
The S-1/A now includes the independent valuation report of Quality International by Kreston Menon, a division of Kreston Global, which was obtained by QIND. The amended S-1 also includes the audit reports of Quality International by Ernst & Young and Deloitte for 2020 and 2021 respectively. These aforementioned reports have been filed as exhibits to the S-1/A.
This Press Release does not constitute an offer of any securities for sale.
FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.
CONTACT
Quality Industrial Corp.
315 Montgomery Street, San Francisco
CA 94104, USA
Phone: +1-800-706-0806
Email: info@qualityindustrialcorp.com
Investor site: https://qualityindustrialcorp.com
Twitter: @QualityIndCorp @ILUS_INTL
SOURCE: Quality Industrial Corp.
SAN FRANCISCO, CA / ACCESSWIRE / November 21, 2023 / Quality Industrial Corp. (OTC PINK:QIND), yesterday filed its financial results for the third quarter ended September 30, 2023, on SEC Form 10-Q, in accordance with applicable accounting standards.
QIND reported revenue of $22.1M and net profit of $1.9M for the three months ended September 30, 2023, compared to $19,8M in revenue and net profit of $2.4M for the same period in 2022. The net profit decrease was due to shares issued to management totaling $1.5M during the quarter. However, the underlying performance of the operating business increased its net profit compared to the same period in 2022, with $3.4M achieved before adjusting for share issuances. QIND remains optimistic about its fourth quarter growth over the same period last year.
QIND has continued to lay the foundations for future growth, including but not limited to its planned uplist to the NYSE American. The Company's S-1 Registration Statement will be amended with the third quarter financial statements and subsequently filed with the Securities and Exchange Commission.
SAN FRANCISCO, CA / ACCESSWIRE / September 20, 2023 / Quality Industrial Corp. (OTC PINK:QIND), is a Manufacturer of equipment and infrastructure for the Industrial, Energy, and Utility Sectors. On March 19, 2023, QIND filed an S-1 Registration Statement for the sale of its common stock in a firm commitment public offering and concurrent NYSE American listing. The offering shall be for an amount of gross proceeds of up to $7 million.
Upon effectiveness of the offering, QIND intends to uplist to the NYSE American. If required in order to meet the bid price requirement for the listing, the company will affect an authorized reverse stock split simultaneous to its listing on the NYSE American.
"We firmly believe that an uplist to the NYSE American is in the best interest of our company and Shareholders. We are confident that it is our optimal path for realizing the value we see in the company and for its expansion from a largely Middle Eastern operation with several global multinational customers towards a global operation servicing the wider Energy sector. It is exciting that we have now taken a very significant step closer towards this objective." Said QIND CEO, John-Paul Backwell.
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