Ilustrato Pictures International Inc (ILUS)

[cashmagnet]

Dubs?? Trips??? Closed down????

I'm unsure...Anything seems possible at this juncture....Revenues are one thing...Debt is quite another...On paper, ILUS once seemed like a decent gamble--at least in the beginning when the focus was on their patented mist nozzle technology to fight fires which was what seemed so exciting to me in the first place and compelled me to invest here...But as time went along JPB and Nick sort of pivoted away from that sector of the business to focus on projects that might generate money more quickly...That's not entirely unreasonable if federal regulatory issues and other logistical hurdles are standing in the way and interfering with the timetable. But despite rosy updates it looks like the company's been going down hill for quite a while now and the dwindling stock price reflects it...

I still think things could turn around with ILUS, so it's tempting to pick up bushels of shares on the cheap if you have spare money to do so...But at this point I don't know whether that would be the equivalent of buying shares in the Titanic or buying early shares of Tesla...

We'll see...