Ilustrato Pictures International Inc (ILUS)

[StockLogistics]

They said info in September on share lock up and share buyback in the PR, the buyback info therefore has to be imminent to retain credibility, pre-market Monday, the insiders should infer via PR very soon that they will buy in big to the 2 year lock up, thus reducing the near term effect of the high OS, this is what is expected to occur imo

“Given the substantial progress that has been made by the company in the third quarter, it recently confirmed that it will be making important announcements on the following milestones during the month of September 2022:

-- Filing of its Form 10-12G Registration Statement with the U.S. Securities and Exchange Commission (the "SEC")

-- Investment Bank which the company is working with to complete its first planned subsidiary up list to a major stock exchange

-- Announcement regarding planned Share lock-up and Share buy-back

-- First site which the company is acquiring in Serbia and details on the Investment Project and its incentives

-- $100m Revenue acquisition by the company's industrial subsidiary, Quality Industrial Corp. (OTCQB: QIND)

-- Further acquisitions which are in their final stages
”
“1:11p ET 9/29/2022 - Globe Newswire
ILUS Confirms Share Lock-Up Opportunity
GlobeNewswireSeptember 29, 2022
NEW YORK, NY, Sept. 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing public safety and industrial companies across the globe. The company has achieved rapid growth since new management took the reins in January 2021 and is planning the completion of several large acquisitions as well as an up-list to a major stock exchange.


In line with this progress and in an effort to create maximum value for its long-term shareholders, ILUS will be providing its shareholders with an opportunity to lock-up ILUS shares in a preference category as follows:

Shareholders will be given the opportunity to lock-up common ILUS shares in a preference category for a period of 24 months
Participating Shareholders will receive a percentage in consideration of the number of ILUS common shares they choose to lock-up
Participating Shareholders may receive a consideration percentage in ILUS shares which offers the opportunity for these shares to be converted for shares in Emergency Response Technologies (ERT) or any other ILUS subsidiary where legally possible.
Further details including the consideration percentage, share conversion information and potential related benefits will be confirmed at the launch of the lock-up
"In conjunction with our completed audit, which is being followed by our Form 10 submission, additional completed acquisitions, an up-list and further exciting developments, we are now confident that the lock-up will greatly reward our participating long-term shareholders," said ILUS Managing Director, John-Paul Backwell.

The lock-up opportunity will soon be made available to all ILUS Shareholders as per the following procedure and conditions:

First, ILUS will make an announcement confirming the full details of the lock-up to participating Shareholders
Following this announcement, Shareholders who choose to participate in the lock-up will be able to register their details on the ILUS website
Participating Shareholders will be required to sign an electronic Lock-up and Leak-out Agreement confirming that they shall refrain from publicly selling their common stock for a period of 24 months, and shall adhere thereafter to a twelve (12) month leak-out period whereby they agree to limit their sale or transfer of shares
At any time during the Lock-Up Period, the Shareholder may not publicly sell the Shares beneficially owned by the Shareholder. The Shareholder may privately sell the Shares at any time but the legend on the Lock-up will remain
All Shares subject to the Leak-out Agreement will bear an applicable legend at the Transfer Agent
Shareholders with free trading ILUS securities held at the Depository Trust Company (DTC) will be required to deposit their ILUS stock certificates to ILUS' Transfer Agent to affix the appropriate restrictive legend therein
At the confirmed start date to be provided by ILUS, participating Shareholders who have registered, completed the necessary documentation and procedure will be issued their lock-up and consideration percentage confirmation
ILUS CEO, Nick Link, commented: "Our focus has been on establishing a solid foundation for our business which will transform the sectors we operate in at the same time as it repeatedly delivers optimal value for our shareholders. As planned, our business is now taking multiple giant leaps forward and shareholders who continue on this journey with us for the longer-term will have the opportunity to obtain maximum value."

For further information on the companies please see the ILUS communication channels.

Website: https://ilus-group.com

Twitter: ILUS_INTL

Email: [e-mail]

Source: ILUS

Related Links

https://ilus-group.com”

“Quarterly Report
For the Period Ending: June 30, 2022 (the “Reporting Period”)
30, 2022,
the number of shares outstanding of our Common Stock was: 1,271,530,699
As of March 31, 2022, the number of shares outstanding of our Common Stock was: 1,313,530,699
As of December 31, 2021, the number of shares outstanding of our Common Stock was: 1,243,530,69”

“Please list any subsidiaries, parents, or affiliated companies.
ILUS International UK Ltd
FB Fire Technologies Ltd.
Firebug Mechanical Equipment L.L.C
Bright Concept Detection and Protection Systems LLC
Bull Head Products Inc
Georgia Fire & Rescue <—-Could hear news on Hurricane Ian participation
Wikisoft Corp
100% Shareholding 100% shareholding 100% Shareholding 75% Shareholding 100% Shareholding 100% Shareholding 77% shareholding”