All of the answers to your questions are already out there. You gotta learn how to read financials and the company explained the Nasdaq uplist strategy in previous videos/correspondence.
-ilus itself is not going to nasdaq. They are making a series of spin-offs with tie-backs to the main ilus umbrella. Those spin-offs will have small share structures and then their success will directly tie back to the success of the main ilus umbrella.
-They are paying for acquisitions through thousands of preferred shares. Those shares could be converted. Though ilus has been upfront about its intentions it has never been up front about their share structure/updating it.
I am still a shareholder since January 2021 (my first buy was .0043) only because they keep accomplishing the things they say they will get done (weird for an otc company). I was almost about to sell during the dilution saga (during the .04 area) but I sensed nicks honesty and decided to hold.
Overall, I am still here because the fire rescue sector is big money, and I believe their intentions.
ILUS may go to the Nasdaq sooner than you think. one of the things holding them up was 2 years clean financials. ILUS financials are good it was the movie companies that had issues. But ILUS has been working to clean them up and are almost ready. If you read the investors letter Nick sent yesterday, you will see Nasdaq is addressed.
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