The Preferred Shares covert to 500 Billion Common Shares. That leaves the common share holders .04% of the company. There was a merger promised in Q3 2021. That never happen.
So what exactly is it that ILST share holders own?
There is a prayer that someone is going to give away part of a real company for no apparent reason. Let's merge into a company with 2 Billion Shares outstanding. Only a scam company would get involved in this scheme.