Replies to post #31864 on Ilustrato Pictures International Inc (ILUS)

[creakyhottie]

Just hope that value guarantee for the stock payment portion does not smell of death spiral implications, as the lower the stock price may go, the more stock has to be issued. Unless they have option to make up the value difference with cash payment

[AgInAustin]

Yes, I am glad that you noticed the payment terms in the $QIND 8k filed yesterday for the stock purchase agreement of Al Shola Al Modea Gas Distribution. The payment terms were "$9 million in National Exchange listed stock or cash to be paid to Seller. Payment in eight quarterly tranches over a period of 24 months, beginning from the first quarter following uplist to a National Exchange."

Why would Al Shola accept stock as a possible payment and why would they allow that the payments be tied to the uplist event? Because they are confident that $QIND or $ILUS will be a NASDAQ listed stock in the very near future. Al Shola will do their due diligence into the matter certainly.