If we don’t hear something this week about how Georgia Fire and Rescue is seeing increased sales in relation to Hurricane Ian, ILUS might well be written off as mismanaged, buying worthless ghost companies to create the perception of fake progress. If a company with that sales opportunity can’t capitalize and communicate that capitalization in a timely fashion, then that would be quite a revelation, maybe even leading to an IRS investigation. DRCR is another company affiliated with ILUS’ owners that failed to communicate its progress effectively in September. There are other company’s with a much lower OS with tangible operations, products and aggressive sales with much less of an opportunity than the weather disaster has provided to GFRS and which are not ghosting shareholders. If you can’t sell fire and rescue supplies during a 500 year flood and that is your primary business, then what can you sell? It would be literally one of the funniest and at the same time non-lucrative revelations via silence in OTC history imo.
“By 10:35 UTC on September 28, Ian strengthened further to 155 mph (250 km/h) as it neared Southwest Florida,[19] despite outflow being restricted in its southwestern quadrant by moderate wind shear.[20] At 19:05 UTC, Ian made landfall on Cayo Costa with sustained winds of 150 mph (240 km/h) and an estimated central pressure of 940 mbar (28 inHg), becoming the first Category 4 hurricane to impact Southwest Florida since Charley in 2004, which also made landfall at the same location.[21][22] Ian then made a second landfall just south of Punta Gorda near Pirate Harbor at 20:35 UTC with 145 mph (235 km/h) winds.”
ILUS sent two PRs on September 29th with no mention of Georgia Fire and Rescue Supply, 24 hours after Hurricane Ian made Florida landfall.
my posts are always theory and not financial advice
