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Silver?!
Shares getting shaken from the tree right now.
Let’s go!
Fat buying. She is thinning out.
We have seen weekly TA updates… no dilution. It’s either shorts or retail selling. Based on the timing of the massive sells… inclined to believe it’s strategic continuous shorting.
Agree. Seems to be amended. Trying to find the differences… would it have to do with auditing by chance?
Thousand % gain actually.
Since I have been in ILUS … beginning Jan. 21, 2021… they have only ever laid out the vision and accomplished it thus far.
6 pm school parking lot. Be there.
I agree that the expected valuations for RM candidates in the OTC have become overly overvalued and the resulting drops from any holdup, entirely overly dramatic.
Today. This morning with the OTCMarket updates.
Level two is getting thin… shares still being soaked up
Glad I jumped in on the dip
Somebody is just shaking shares and soaking them up… nice job whoever.
You here to help it pop chiv-man? Looks ready.
7s falling.
Sneaking up… let’s go
$ILST The OTC Twitter-verse is full of excellent DD hounds. The fact that they can’t pull a single thread to unravel the incoming company is impressive. They have done their homework, unlike most half-assed mergers. Below are a few points I take as green flags:$ILUS $WSFT
— Hot Karl (@karl_frederick_) July 1, 2022
Losing reception… heading to Palermo on a ferry. Otherwise would love to help
Spread is widening. Accumulation is up… signs that shares are being soaked up
I think people seeing runners, dumping to chase others like little kids soccer.
They will be back. Active communication from the management email is a great signal.
People are afraid to hold.
Dumb dumping EOD. News will send this easy.
False bunda buddy
Shares getting soaked up quietly… setting up for the next explosive leg
Pushing back up… red to green shortly?
This is the pullback where people are loading up shares to be ready for the rocket for the next leg. It trades thin… which is why you see so much volatility.
Would love silver+
Solid close!
Ilus actually had twice the dollar volume today.
Lmao on relatively tiny volume. Share structure is tiny there.
Let’s go pennyland!! Will look great paired with long terms capital gains taxes.
Or an audit.
A lot of OTC companies don’t go through the trouble of shifting to Delaware and pay $305k for a shell…
Next leg setting up here. Power hour! Let’s go!
It’s actually not a red flag, or hiding.
Take a look at this article:
https://corplaw.delaware.gov/delawares-benefits-international-business/
In order for international businesses to setup in the states, one of the most prudent courses of action is to set up a holding company in Delaware.
Notice between the 10/30/2021 quarterly and the 3/08/22 annual: the shift in address to Delaware.
So the holding company is set up in Delaware for the following reason:
Delaware’s business statutes generally provide a number of advantages to international businesses. Delaware law also permits and provides efficient procedures for business combinations and other transactions, including mergers, transfers, and conversions.
“Delaware provides a number of alternative methods by which business combinations can be effected, including mergers and asset sales. Delaware also allows for business combinations with a wide variety of entities, including foreign and domestic entities. No state-level judicial or regulatory approval is needed before Delaware entities may enter into business combinations with other entities. Further, because the Delaware statute provides clarity on these transactions, international investors are usually able to obtain legal opinions regarding the post-transaction nature of the resulting entity.
By comparison to many international company laws, which may involve more regulation or require more onerous procedures, such as “schemes of arrangement,” Delaware’s statutory methods for completing mergers and acquisitions transactions are flexible and have been tested by actual, efficient and effective use over many generations. For that reason, even many American corporations domiciled in other U.S. states have reincorporated in Delaware specifically because they expect to engage in a high level of mergers and acquisitions activity and view Delaware as the state whose law most effectively facilitates such transactions.”
Not mentioned… it’s the third party holding company meant to mask the incoming company.
Welcome to the party GC.
Well in the ILUS PR from May 25 it said:
“The attorneys are satisfied and have begun work on the contracts whilst the second round of due diligence is already underway. ILUS and the agreed acquisition hope to complete the remaining due diligence and contractual process within approximately thirty days.”
In the WSFT PR, which came out approximately thirty days later, it says:
June 24, 2022 / Wikisoft Corp. (OTCQB:WSFT), today announced that the board of directors authorized a change in the name and ticker of the company in connection with a short form merger with its wholly owned subsidiary, Quality Industrial Corp, 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.
-so I am interpreting that as when FINRA approves the action and the name change they will have completed the merger.
Since $WSFT is a subsidiary of $ILUS, that benefits both tickers. $ILUS is still working on building out other arms of its umbrella. $WSFT is contributing to $ERT which will be the first nasdaq uplist.
They have been very consistent in laying out a vision and accomplishing it.
Serbia factory should be soon as well with heavy government contracts.
Not true when these other companies are subsidiaries of ILUS who still has a controlling share (reporting from these subs goes into ILUS)… so their success feeds into ILUS success.