Welcome to our dedicated page for ILUSTRATO PICTURES INTL news (Ticker: ILUS), a resource for investors and traders seeking the latest updates and insights on ILUSTRATO PICTURES INTL stock.
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), a Mergers and Acquisitions company, is set to unveil significant milestones in September 2022. These include the filing of a Form 10-12G Registration Statement, details about its first subsidiary up-list to a major stock exchange, and acquisition news. The company’s industrial subsidiary, Quality Industrial Corp., is finalizing the acquisition of a company with over $100 million in revenue. Additionally, the first investment project in Serbia has been approved, marking a pivotal month for ILUS as it progresses towards full reporting status.
ILUS International has completed audits for its 2020 and 2021 financials, enabling them to file a Form 10-12G Registration Statement with the SEC in September 2022. This transition to full SEC reporting is aimed at enhancing transparency for investors.
Post-filing, ILUS plans to change its registered name and pursue an uplisting from the OTC Pink Market to the OTCQB. The company has reported a significant 553% revenue increase in Q2 2022, reaching $19.68 million, showcasing robust growth under new management since January 2021.
ILUS International Inc (OTC: ILUS), a mergers and acquisitions firm specializing in public safety technology, reported a remarkable 588% increase in revenue over the same quarter in 2021, totaling $19.68 million for Q2 2022. The company also achieved a net profit of $1.13 million and an EBITDA of $1.66 million. ILUS acquired a majority stake in Wikisoft Corp, now Quality Industrial Corp (OTCQB: QIND), which plans to acquire a UAE-based process equipment manufacturer generating over $100 million in annual revenue. The company anticipates further growth and significant developments in Q3 and Q4.
ILUS International Inc (OTC: ILUS) has announced an exciting collaboration with a leading haptic suit manufacturer, launching the ILUS Suit for defense and emergency response training. Following a record revenue Q2, ILUS is in final due diligence for five acquisitions that promise to enhance its manufacturing capabilities and revenue streams. The company aims to leverage AI and big data for its wearable technology, targeting the defense and firefighting sectors, with a virtual reality training market projected to exceed $5 billion by 2026.
ILUS International Inc. (OTC: ILUS) announced the successful settlement of two $500,000 Promissory Notes with GPL Ventures, LLC, aided by $5.6 million in funding from RB Capital Partners, Inc. This funding is allocated for further acquisitions and business expansion. CEO Nick Link expressed confidence in achieving growth objectives and completing agreed acquisitions. The majority-owned Quality Industrial Corp. also received $1.1 million for ongoing acquisitions. ILUS continues to prioritize transparency in financial disclosures.
ILUS International Inc (OTC: ILUS) reported impressive Q2 2022 results, including a 588% year-over-year revenue increase to $19,677,222 and a 553% rise compared to Q1 2022. The company emphasized a strong balance sheet, supporting its goal of achieving a $140 million revenue run-rate in 2022. ILUS is also finalizing its audit to file Form 10 with the SEC, aiming to uplist from OTC Pink Market to OTCQB. The company’s subsidiary, Quality Industrial Corp, received approval for a name change and ticker swap to QIND from WSFT.
ILUS International Inc (OTC: ILUS) has made significant progress in its second year, enhancing its revenue forecast from $40-55 million to $140 million for 2022. This increase is attributed to multiple acquisitions, including Quality International, a UAE-based manufacturer with over $100 million in annual revenue. The company also plans to complete an ongoing audit, aiming to file a Form 10 with the SEC for uplisting to OTCQB. CEO Nick Link stated that despite economic challenges, ILUS is poised for further growth with several key announcements expected in Q3.
ILUS International Inc (OTC: ILUS) has announced significant developments in its subsidiaries, particularly in Emergency Response Technologies and Renewables. Newly appointed CEO Dan Peters aims to accelerate growth and achieve short-term milestones. ILUS is in the final stages of acquiring a battery manufacturing company generating $20 million in annual revenue, which will enhance its Renewables division. This acquisition will supply essential materials for manufacturing and support the development of batteries for electric vehicles and drones. ILUS plans to focus on various sectors including UAV and Defense.
Emergency Response Technologies Inc (ERT), a subsidiary of ILUS International (OTC: ILUS), has appointed Dan Peters as its CEO. With over 30 years in the emergency response sector, including leadership roles at Rev Fire Group and E-One, Peters is expected to drive ERT's growth strategy. ERT focuses on disruptive technologies in public safety. The leadership change is anticipated to enhance business development efforts and allow current management to concentrate on growth plans for other ILUS subsidiaries.
Emergency Response Technologies Inc (ERT), a public safety acquisition company focused on innovative technology, has been fully acquired by ILUS International (OTC: ILUS). This acquisition includes ERT taking control of the publicly reporting OTCQB company, Wikisoft Corp (WSFT). Following this, ILUS CEO Nick Link has assumed the role of Chairman at Wikisoft, with other ILUS executives joining its Board of Directors. ERT plans to provide further updates via social media and official channels.
FAQ
What is the current stock price of ILUSTRATO PICTURES INTL (ILUS)?
What is the market cap of ILUSTRATO PICTURES INTL (ILUS)?
What sectors does ILUSTRATO PICTURES INTL focus on?
What recent achievements has ILUS made?
What is the strategic focus of ILUS?
What major acquisition deal is ILUS working on?
How is ILUS adapting to challenges and market conditions?
