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) has appointed Jason Bolze as its new Sales Director, bringing over ten years of experience in the public safety technology sector. This decision aligns with ILUS' strategy of expanding its portfolio through acquisitions, having already secured three companies in 2021. Bolze's expertise is expected to enhance the development and sales of ILUS' innovative products, such as virtual reality fire safety training and autonomous firefighting solutions. Managing Director John-Paul Backwell praised Bolze's proven track record and energy, highlighting his potential to drive significant growth.
ILUS International Inc (OTC: ILUS), a company focused on acquiring and developing technology-based firms, has appointed Claire Allen-Addy as Global Marketing Director. With over 15 years of experience in public safety technology, including her role at Detego Global, Allen-Addy will lead marketing strategies for both ILUS and its anticipated acquisitions. This change aims to enhance marketing capabilities as the company pursues five additional acquisitions this year, positioning ILUS for accelerated growth in the tech sector.
ILUS International Inc (OTC: ILUS) has made significant progress in 2021 by completing three acquisitions and signing two Letters of Intent for further acquisitions, with five negotiations ongoing. Their innovation includes the E-Raptor, a 6-wheeled electric utility vehicle with a 60-mile range and a 3,500-pound capacity. They plan to expand this product line with additional models catering to diverse commercial needs. The company appointed Kemal Cifti as Senior Vehicle Engineer, enhancing its electric vehicle expertise, and aims to manufacture in a new European facility, optimizing their global distribution.
ILUS International (OTC: ILUS) reported a strong second quarter of 2021, achieving revenues of $2.86 million, a 462% increase from the previous quarter. Gross profit surged 375% to $992k. The company's assets are now just under $24.5 million, with improved cash reserves as it pursues a merger and acquisition strategy. ILUS has already acquired three companies in 2021 and is actively pursuing additional targets. Key partnerships, including one for virtual reality training, and the lifting of a Canadian trading restriction further bolster its growth prospects.
ILUS International (OTC: ILUS) continues its aggressive expansion strategy with the recent acquisition of BCD Fire and plans for further acquisitions. BCD Fire specializes in fire safety systems in the UAE, and since its acquisition, it has secured three new contracts, including a high-profile project for the world's tallest commercial tower in Dubai, valued at nearly $1 million. With the appointment of a new Senior Product Manager, ILUS aims to enhance their fixed fire systems division and increase recurring revenue through maintenance services.
ILUS International Inc (OTC: ILUS) has made significant strides in 2021 with three completed acquisitions and two additional Letters of Intent for US companies under due diligence. The company is advancing in the fire protection sector, appointing Pawel Zbrozek as Senior Product Manager for Fixed Fire Systems.
Pawel brings over 20 years of experience in fire systems, including R&D roles and patent contributions. His immediate focus will be on testing and certifying ILUS’ innovative fire suppression products, enhancing the company's product portfolio and market position.
ILUS International Inc (OTC: ILUS) continues to expand its portfolio with a focus on wildfire management technology. The company has completed three acquisitions in 2021 and has signed Letters of Intent for two additional US companies. As wildfires increase across the US, ILUS aims to deliver a comprehensive set of solutions for wildfire management that includes prevention, surveillance, and response technologies. CEO Nick Link emphasized the importance of using innovative tools to protect lives and property. Additionally, the company is establishing distribution centers on both East and West Coasts to enhance product delivery.
ILUS International Inc (OTC: ILUS) is focused on acquiring and developing technology-based companies globally. In 2021, it completed three acquisitions and signed two Letters of Intent for US companies. The company plans to reorganize its share structure, aiming for below 1 billion outstanding shares. ILUS is also progressing on its up-listing plans, expected to be completed sooner than the 18 months originally projected. The leadership team is engaged in key activities in the US, including securing a new manufacturing facility and attending major firefighting conventions.
ILUS International Inc (OTC: ILUS) is pursuing a strategic growth strategy through acquisitions in the U.S. In 2021, the company completed three acquisitions and signed Letters of Intent for two more: a Texas-based oil and gas fire system manufacturer and a Tennessee-based truck bed manufacturer. The Texas company generated $8 million in revenue in 2020 and has a $2 million order book, while the Tennessee firm reported $2 million in revenue. CEO Nick Link expressed confidence that these acquisitions will enhance ILUS's capabilities and value.
ILUS International (OTC: ILUS) is progressing with its global M&A strategy, following a successful Q2 with nearly $3 million in revenue. The company has commenced production in its new Dubai factory, focusing on lightweight, recyclable plastic fire truck superstructures. ILUS plans several acquisitions, including one in the USA, and is targeting a $50 million revenue run rate by 2022. The recent lifting of a Canadian cease trade order allows for improved share structure. As it prepares for a strong second half of 2021, ILUS is investing in key personnel and marketing initiatives.