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ILUSTRATO PICTURES INTL (ILUS) is a mergers and acquisitions company focused on acquiring businesses in public safety, industrial, defense, and renewable sectors. The company has recently made significant progress across its subsidiaries, such as Quality Industrial Corp. filing its S-1 Registration Statement and awaiting SEC comments. ILUS has finalized the acquisition of a company as a Special Purpose Vehicle to further its subsidiary business plan. With plans for Emergency Response Technologies (ERT) to uplist to NYSE American, ILUS is strategically expanding its presence in the US and Middle East. The company is also working on a major acquisition deal to enhance its defense and security offerings, in line with the growing demand in the global defense market.
ILUS International Inc. (OTC: ILUS) has established Hyperion Defense Solutions to enhance its defense sector growth through acquisitions and strategic partnerships. Co-founded by two experienced British military veterans, Hyperion aims to acquire defense companies with advanced technology and intellectual property rights. The global defense market is projected to reach $718 billion by 2027, driven by geopolitical tensions and increased demand for security. Hyperion's strategy includes targeting technologies for Joint Close Air Support, Counter IED, and Security Risk Management. The company anticipates generating over $15 million in profitable revenue this year.
ILUS International Inc. (OTC: ILUS) held its 2nd Annual Shareholder Meeting on January 27, 2023, to discuss its 2022 performance and roadmap for 2023. Key highlights include a 450% revenue growth compared to 2021, completion of audits for 2020 and 2021, and the filing of Form 10, granting SEC reporting status. Projections for 2023 forecast revenue of over $200 million, with plans to acquire two additional companies in Q1 and generate up to $180 million from potential acquisitions. The company has expanded its workforce to 1,200 employees and facilities to over 10 million square feet, aiming for a multi-billion-dollar valuation by 2025.
ILUS International Inc. (OTC: ILUS) announced its Form 10 Registration statement became effective on December 19, 2022, allowing it to comply with SEC reporting requirements. The company aims to enhance transparency for its shareholders and plans to apply for up-listing to the OTCQB Venture Market, which will expand its visibility to investors. John-Paul Backwell, Managing Director, highlighted this as a significant regulatory milestone. The compliance will include periodic reports and shareholder transparency measures.
ILUS International Inc. (OTC: ILUS) has signed a Share Purchase Agreement to acquire 51% of AL Shola Al Modea Safety and Security LLC (ASSS), a fire safety company in the UAE. This strategic move aims to enhance ILUS's market presence in the Middle East and support its expansion into Saudi Arabia. ASSS, a profitable company with a strong order book for 2023, is expected to generate over $4.5 million in revenue. ILUS will pay $714,000 for the shares, contingent on meeting revenue projections. The acquisition is anticipated to strengthen ILUS's fire safety strategies across the region.
ILUS International Inc (OTC: ILUS) reported a record third quarter, showcasing significant growth in its financial metrics. Revenue soared to $20,419,421, marking a 550% increase year-over-year. The net profit rose 203% to $1,187,494, and assets surged 187% to $77,299,258. The company is on track to become a fully reporting entity by year-end and aims to uplist from the OTC Pink Market to OTCQB. Management anticipates an even stronger fourth quarter and plans to announce strategic deals shortly.
Ilustrato Pictures International Inc. (OTC: ILUS) has filed its Form 10-12G Registration Statement with the SEC, marking a significant step toward transparency and accountability for the company. The form includes detailed financial statements revealing audited revenues of $11.2 million for 2021 and $19.7 million in net revenue for Q2 2022. Following the filing, ILUS will adhere to full SEC reporting requirements, including quarterly and annual reports, and plans to uplist from the OTC Pink Market to OTCQB. CEO Nicolas Link emphasized the company's commitment to growth and transparency.
ILUS International Inc (OTC: ILUS) announced plans to provide shareholders a lock-up opportunity for common ILUS shares for 24 months, allowing them to receive a consideration percentage in shares of ILUS or its subsidiaries, including Emergency Response Technologies. The initiative aims to reward long-term investors amidst ongoing acquisitions and preparations for an up-list to a major stock exchange. CEO Nick Link emphasized the company’s focus on creating shareholder value and establishing a solid business foundation.
ILUS International Inc (OTC: ILUS) has partnered with a reputable investment bank to support its plans for up-listing and significant acquisitions in the public safety and industrial sectors. The engagement is currently confidential for compliance reasons, with details to be disclosed upon filing of the S-1. CEO Nicolas Link emphasized the investment bank's global presence and belief in ILUS’s growth strategy, which focuses on acquiring companies with disruptive technologies.
ILUS International Inc (OTC: ILUS) announced the securing of over $8 million in government subsidies for its first investment project in Serbia, aimed at enhancing public safety and industrial capabilities. The project is expected to create thousands of jobs over the next decade, with significant revenue generation for ILUS subsidiaries. The company has outlined further Phase One projects, including large-scale manufacturing capabilities and partnerships with local authorities, positioning Serbia as a key production hub outside the U.S.
ILUS International Inc (OTC: ILUS) is expanding its footprint in the wildfire equipment sector through strategic acquisitions and the establishment of new manufacturing facilities in Serbia. The company has signed Letters of Intent to acquire two prominent wildfire equipment manufacturers, facilitating its plan to become a leading global player in this market. With rising wildfire incidents causing significant global damage, ILUS' emergency response subsidiary, Emergency Response Technologies, is poised to meet increasing demand. The Serbian facility will enhance production capabilities and is complemented by acquisitions in the USA and UK.
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