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Re: None

Monday, 01/29/2024 6:52:38 PM

Monday, January 29, 2024 6:52:38 PM

Post# of 2014
In today's ILUS shareholder letter it mentions QIND. Possibly no reverse split plus 2 new acquisitions. I think this is the path that they will go down.

"The S-1 process for QIND continues and the subsidiary is in the progress of responding to the SEC. The S-1 was filed in order to raise capital for QIND, and should the abovementioned NASDAQ deal be completed, it would supersede the S-1 by providing considerable direct and indirect funding for QIND to deliver its plans. It will also avoid the potential need for QIND to conduct a reverse split which as longstanding Shareholders will know, we as management have always tried to avoid. In further developments and in addition to its normal course of business, QIND is also in discussions with potential acquisition options in the UK and Texas. "