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Quality Industrial Corp. is an Industrial Manufacturer of heavy engineering equipment for the Oil & Gas and Utility Sectors.
We aim to be a global leader in the manufacture and assembly of industrial equipment and precision engineered technology.
$QIND corporate profile for more DD: https://www.otcmarkets.com/stock/QIND/profile
Excellent Thank you mick
UPDATE ; Share Structure Market Cap Market Cap; 2,991,490 zero increase , unrestricted change.
10/18/2024
Authorized Shares 200,000,000
10/18/2024
Outstanding Shares 119,659,784
10/18/2024
Restricted 85,856,613
10/18/2024
Unrestricted 33,803,171
10/18/2024
Held at DTC30,001,301
10/18/2024
Float 20,552,323
10/16/2023
Par Value 0.001
WHAT A DIFFERNCE IN PPS WOW --- THIS COULD BE $QIND
DRCR
Dear Cashmere Holding Company (PK)
0.1433
0.00375 (2.69%)
Volume: 118,722
Day Range: 0.1335 - 0.14368
Last Trade Time: 3:46:15 PM EDT
QIND -Quality Industrial Corp. a Wholly Owned Subsidiary of ILUS International
Company Website: https://qualityindustrialcorp.com/
Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend]
09/12/2024 03:32:32 PM
QIND
Quality Industrial Corporation (PK)
0.025
-0.003 (-10.71%)
Volume: 321,062
Day Range: 0.024 - 0.028
Bid: 0.0231
Ask: 0.025
Last Trade Time: 3:54:41 PM EDT
Total Trades: 26
QIND
Quality Industrial Corporation (PK)
0.025
-0.003 (-10.71%)
Volume: 321,062
Day Range: 0.024 - 0.028
Bid: 0.0231
Ask: 0.025
Last Trade Time: 3:54:41 PM EDT
Total Trades: 26
I AM NEW HERE; WHAT IS THIS ONE ALL ABOUT ????? LOOKS LIKE GOOD ONE FOR OIL ENERGY/NATURAL GAS ENERGY.
Looks like $QIND has or will find a new big board merger partner. ASNS wasn't very cooperative. DRCR seems to have found a good one in SGN.
https://qualityindustrialcorp.com/wp-content/uploads/2024/10/QIND-Shareholder-Letter-10152024.pdf
15 October 2024
Dear Shareholders,
We want to provide our shareholders with an update, albeit a limited one. We assure you that we are
working diligently and swiftly to execute our business plan and expedite the expected uplisting.
We sincerely appreciate your understanding concerning the ASNS transaction. Our legal counsel is
currently evaluating the appropriate course of action. Consequently, we will refrain from further
commentary until we receive additional guidance.
QIND remains committed to expeditiously executing an uplist to a major stock exchange to secure
access to capital and unlock the unrealized value of our operating business, Al Shola Gas (ASG).
ASG is flourishing under QIND’s guidance and the leadership of our Regional Director for the Middle
East, Mr. Sanjeeb Safir. We have successfully concluded a satisfactory third quarter and are steadfastly
progressing toward our annual target. Additionally, we are actively pursuing expansion into the Saudi
Arabian market while concurrently negotiating larger bulk LPG supply contracts in the UAE and exploring
new expansion opportunities in Europe.
We wish to assure all Shareholders that we are well-positioned to execute our strategic objectives,
notwithstanding the delays, which have also caused us considerable frustration. We are eager to
provide you with a more comprehensive update and anticipate doing so very soon.
Sincerely,
John-Paul Backwell
ALL THREE STOCKS DEAD.KEEP GOING DOWN.THE SCAMBAGS SCREWED EVERYONE.
Question: Wasn't the QIND/Al Shoa deal to be paid with stock of a listed company and the hope was that it would be the uplisted stock of the ASNS/QIND merger????? Now that the merger and uplist is not happening, will the Al-Shoa deal terminate like QI, and now ILUS will have to re-state earnings again????????????
Great blueprint for our future deals
Item 7.01 Regulation FD Disclosure.
As previously disclosed, on May 23, 2024, Actelis Networks, Inc. (the “Company”) announced that it had entered into a binding term sheet (as amended, the “Term Sheet”) with Quality Industrial Corp, a Nevada corporation traded on the OTC under the symbol QIND (“Target”), and Ilustrato Pictures International Inc., a Nevada corporation (“Seller”, and, together with the Company and Target, the “Parties”), providing for the potential acquisition of between 61% to 75% of the issued and outstanding shares of the Target’s share capital.
As of the date of this report, no definitive agreement with respect to the potential acquisition has been entered into by the Parties, and the non-solicitation and no-shop periods provided in the Term Sheet have not been extended.
On October 10, 2024, consistent with the termination provision in the Term Sheet, the Company invoked its right and provided the Target the requisite 30-day notice of the Company’s intention to terminate the Term Sheet.
Agin Austin also known as Fred , how many names you got? Your losing ground, is this the best you can do ?
AginAustin
Understood, but neither QIND or ASNS are huge companies. It should not take this long to negotiate and complete a deal.
Especially after touting that they finally have a target closing date of 10/1 and after a tweet like this:
Nicolas Link (Nick)
@NicolasLink
·
Sep 17
Returning from an intensive trip to New York and San Francisco with
@JpBackwell
and
@james_gibbons_
. Including meetings with bankers, lawyers, funders, and more. Our teams are focused, heads down, getting it done! The goal is in sight! $QIND $DRCR $ILUS $SAML
It is. But they are only required to file something if the ASNS deal is dead or once they complete it. The absence of a filing means that the deal is still on-going.
Nick is the chairmen of the board for DRCR and he is definitely a big part with them on the uplist deal. Go watch the Buffalo Fireside Chats video with Jeff Hecklinski of SGN and see how many times he mentions "Nick". Many times. Look at the transcript. When DRCR uplists, it will be a positive for QIND as it will show it as a proof of concept.
Agin
DRCR probably works better because they are not run by our management. ILUS merely owns a position in the company.
If they would be running the company, you would be "waiting for godot" there as well.
I've been mostly a supporter of QIND as it didn't have significant dilution and it looked to have a payout sooner than ILUS with the uplist. Clearly it is taking longer than expected. I get the sense that DRCR and SGN work better together than QIND and ASNS are. I expect that QIND and ASNS will work it out and if they don't QIND will work with another distressed NASDAQ company. I think DRCR will close their deal very soon and that should help with people's belief in what they are doing with these deals.
This isn't an easy thing to do. But once they get it done, I think I will be very happy. I've bought more shares as it has come down.
AA, you've certainly been one of the biggest supporters of QIND and ILUS. Although I have really appreciated your optimism, unfortunately, you've been incorrect with most of your predictions.
What's your take now regarding the current situation and the total silence from the companies? It appears that all those supposed deadlines really weren't deadlines. JP and Nick's credibility have really taken a hit. Why even announce a deal if they are unable to close a deal?
ILUS leadership can’t merge into traffic much less merge companies. Heck can’t even change their name for how many years now. Got to hand it to them with dogged determination to the grift.
Did they mean October 1st 2025? lol
Pigeons drop things too
$QIND news drop anytime now
Day isn't over yet.
1 day until October 1st when the $QIND / $ASNS deal is targeted for signing and closing.
3 business days until October 1st when the $QIND / $ASNS deal is targeted for signing and closing. The valuation for QIND will be shown in the agreement. Up next: $DRCR, $SAML then $ILUS
The $DRCR $SGN deal shows that Nick can get a big board merger done. Of course, it still has to close. Next up is the $QIND $ASNS merger. It will actually close much sooner (Oct 1), but we don't have the details yet. QIND isn't moving on today's news, but IMO, it should. Nick and JP have stumbled some over the years, some, but they are persistent and they are at the phase where they will be bringing shareholder value now.
For certain. There is no way that this is not related to the merger. This is a clear indication that it is going forward.
ASNS news Could have positive implications for the deal
Actelis Networks Files $50 Million Mixed Securities Shelf
@NicolasLink
Returning from an intensive trip to New York and San Francisco with
@JpBackwell
and
@james_gibbons_
. Including meetings with bankers, lawyers, funders, and more. Our teams are focused, heads down, getting it done! The goal is in sight! $QIND $DRCR $ILUS $SAML
2:31 PM · Sep 17, 2024
Yes, they filed a 10-QA. The first one was unreviewed. This was was reviewed by the new accounting firm. They did that pretty quickly. The biggest thing was the addition of what the "certain conditions" were. To me it seems that QIND and ASNS have reached a deal, but that they need the lawyers to provide their comments and they need to agree to which fairness opinion provider will be used. These are pretty small hurdles to clear. Let's hope they clear them by tomorrow (15th). If they confirm that on Monday then QIND could really continue the rally we saw on Friday.
From the 10 Q-A filed yesterday: ............. On August 30, 2024, we agreed to further extend the non-solicitation and no-shop periods provided in the Term Sheet until October 1, 2024, unless mutually terminated earlier by the parties. The new extension contains a milestone that both parties have completed their review of the stock purchase agreement and provided their comments before September 15, 2024, and a Fairness Opinion provider has been engaged. Should either of the above milestones not be met by September 15, 2024, then the Non-Solicitation and No-Shop provisions will terminate.
Someone on the discord pointed out some good things about $QIND. Why would they issue an 8k yesterday appointing appointed Sanjeeb Safir as a QIND managing director. Previously he was Al Shola Al Modea Gas managing director. The Al Shola deal acquisition is getting paid in National Exchange listed stock or cash, but we know that they don't have the cash. So, they will be paying in NASDAQ stock ($ASNS) and thus the ASNS merger must go through in order for the Al Shola acquisition to be paid. So, this 8k signals that the deal is agreed to! It's done.
Otherwise, why would this guy accept a role that wouldn't exist or would be meaningless unless the deal is completed?
Also, the payment of stock is due the quarter after an uplist. So, closing it on October 1st delays that first payment by 90 days.
Some are predicting that $QIND goes to $2 after the deal is announced and while it is still trading on OTC. Seems high to me, but I'm sure that it will be trading much higher than $0.07 in the near future.
@ under 6 Penniees Y not add more to my pile.
Welcome brothers! HAHAHAHAHA MOUNTAIN MAN 🧍♂️
$QIND Pay attention to what's happening: Profile updated https://x.com/QualityIndCorp
💩 who needs a toilet when you can shit outside the box
$QIND Update: Parent Company Tweet out: #ILUS, #QIND, #ASNS transaction update: We have agreed to extend the targeted closing date. Although there is another extension, we are pleased to have reached the point of a firmly targeted date for completion. All parties are fully committed. Info/formal update early next week.
$ILUS, $QIND, $ASNS transaction update: We have agreed to extend the targeted closing date. Although there is another extension, we are pleased to have reached the point of a firmly targeted date for completion. All parties are fully committed. Info/formal update early next week.
— ILUS International Inc (@ILUS_INTL) August 30, 2024
"The Parties continue to work towards the completion of the transaction in the soonest possible timeframe."
I think Nick and JP do their best to give as much information as possible while maintaining the vagueness that is legally necessary before an event such as this.
What is the soonest possible timeframe? I think it is when the latest extension expires which on August 30. So, that is my expectation.
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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.
© 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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