Ilustrato Pictures International Inc (ILUS)

[moneyman2013]

J2003, time will tell...in my case, by Wednesday. It was on a slow downward trend for a bit, but falling from $0.15 to $0.12 (roughly) is a 20% fall, which is a lot for a penny stock.

So here is the info that scares me a bit:
"ILUS confirmed that it will be issuing three blocks of restricted shares for completed acquisitions, however the company clarified that following this, outstanding shares should remain in the region of 1.2 billion and it will continue its efforts to get outstanding shares down to as close to 1 billion as possible"

Now, while the unrestricted shares may be falling a bit, those restricted shares can account for a lot of money - DETAILS!

I receive restricted shares in the form of Stock Options, which are shares my company issues with a 2-3 year vest so those shares are not exercisable until they vest, and hence those shares dilute the OS (albeit small in my case). What are the terms of the restricted shares? How many? Those details are important for anyone with a long-term interest.

Anyway, at this point I feel we will fall further, and if the retrace is slow/steady, I will be in mid-week.

Best to you!