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Monday, October 25, 2021

Ilustrato Pictures International Inc (OTCMKTS: ILUS) Continues Higher with Power as M&A Investment Player Inks New Acquisitions

Ilustrato Pictures International Inc (OTCMKTS: ILUS) continues higher with power in recent days emerging as among the top most traded stocks in small caps regularly topping $25 million per day in dollar volume and rocketing up from the subs to recent highs over $.45 and becoming one of the most successful RMs of 2021. Microcapdaily first covered ILUS back in August when the stock was $0.05 right after the Company released its second quarter of 2021 results, stating at the time: “The company achieved revenue of $ 2.86 million in the second quarter of 2021. This represents a 462% increase on the first quarter revenue of $ 509k. In addition to increased revenue, ILUS reports that its second quarter gross profit is up 375% to $ 992k compared to the first quarter gross profit of $ 209k. In addition to its increased revenue and profit, ILUS reports that it has strengthened its balance sheet with assets increasing to just under $24.5 million and cash in the bank has also increased.” 

ILUS modus operandi has been to continually prioritize profitable growth and cash liquidity in order to allow it to execute the deals on its radar. The company has already completed 3 acquisitions in 2021 and is currently in the process of completing multiple acquisitions in the US and Europe. In a recent interview ILUS Managing Director John-Paul Backwell confirmed that ILUS is currently working on more than 20 initiatives. As part of the initiatives, the company currently has 10 acquisitions in its pipeline within the US, Europe, and the Middle East. These potential acquisitions are at various stages of exploration and due diligence, which has led to a strong deal flow. 

Ilustrato Pictures International Inc (OTCMKTS: ILUS) is a public M&A Investment company operating out of New York, London, and Dubai focused on adding shareholder value through innovation and growth. ILUS International’s vision has evolved in line with the needs of the technology and manufacturing sectors it has been involved in.  We focus primarily on innovative emergency services, life safety and related technologies such as emergency response vehicles, electric utility vehicles, specialist vehicle conversions, disruptive firefighting equipment, wearable technology and related software solutions. With a proven record of acquiring carefully selected businesses that are appropriate to our vision, ILUS aims to complete further acquisitions of companies which possess innovative and disruptive technology and already achieve annual revenue of $1-10 million.  

ILUS has been busy in 2021; for the last six months, ILUS has been working on the acquisition of a large-scale manufacturing facility. ILUS Managing Director, John-Paul Backwell, announced in a recent presentation that the company is now in the final stages of completing the acquisition of the manufacturing plant. ILUS can now confirm that this is a huge partial privatization deal which is being completed in partnership with the government of the country. Linked to the manufacturing plant acquisition, ILUS is negotiating a very significant government contract for the manufacture of a new range firefighting vehicles which meet Euro 6 exhaust gas emissions standards over a period of 5 years. The acquisition of the manufacturing plant and the linked manufacturing contract involves complex political contracts and legal advice which is currently what the ILUS team is working through. In addition to government contracts, the huge manufacturing facility which employs many staff will also be used for the large-scale manufacture of ILUS firefighting equipment and vehicles and ILUS’ range of commercial electric utility vehicles, for distribution globally.  

The Company also recently confirmed it is also currently working on more than 10 new partnerships and projects. Some of the partnerships are as follows: 

  • Milanion autonomous firefighting vehicle partnership where the vehicle development is ongoing, and a prototype is being tested. 
  • Takeleap Virtual Reality training platform where the software development for Fire Extinguisher Training and CPR training is complete and as a first step towards sales, BCD Fire has recently hired a new salesperson to promote and sell this technology in Dubai. 
  • The firefighting drone partnership, whereby the large firefighting drone has the capacity to carry up to 1 ton of weight. This technology is currently undergoing proof of concept testing in Europe. 
  • Reconnaissance drones for firefighting situational awareness and asset maintenance surveillance. ILUS is currently exploring two potential partnerships for this technology. 
  • Partnership on a US developed intelligent emergency response communication platform with connected building technology, which enables first responders to arrive on scene quicker and operate more efficiently on arrival. 

 

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Some of the projects include: 

  • The development of a comprehensive E-Raptor range of all-electric commercial utility vehicles (UTV’s) to complement the existing E-Raptor 6×6 UTV which is the world’s first and only 6-wheeled electric UTV. The range will include an electric 4×4 UTV in flatbed and dump-bed format and a 4-seater road legal commercial passenger vehicle for event safety and last mile transportation. 
  • The testing and certification of ILUS’ fixed water mist systems for kitchen fires and battery fires. ILUS is already in discussions with large companies utilizing battery powered technology for the deployment of its unique water mist firefighting technology to rapidly suppress and extinguish battery compartment fires in passenger vehicles, public transportation, and energy storage facilities. 
  • Obtaining of the A license for ILUS acquisition, BCD Fire, which will enable the company to install and maintain fire systems in multiple buildings simultaneously, with no restriction on the number of floors per building in the United Arab Emirates (UAE). Under current licensing, BCD Fire can only install these systems in certain buildings through a sub-contractor and despite this, it has already been awarded large contracts since being acquired by ILUS, including the contract for the world’s tallest office tower, Burj 2020. With the A license in place, BCD Fire will be one of only a handful of companies in the UAE which can perform installation and maintenance of fire systems in all buildings, regardless of size and complexity. 
  • The research, testing, and procurement of a comprehensive range of wildland firefighting equipment and turnout gear to be on sale in the US this year, through an upcoming US acquisition. 
  • The ILUS research, development and manufacturing facility in Dubai is in the process of completing its ISO9001 Quality Assurance Certification. 
  • The research and development of wearable technology for firefighters which will integrate the backbone of existing virtual reality technology and monitoring sensors to provide firefighters with on-scene monitoring capability including incident command communications, heat stress monitoring, oxygen level monitoring, chemical and particulate monitoring, ECG technology to monitor for cardiac events, navigation guidance etc. 

On September 28 ILUS announced it has officially agreed to terms for the purchase of a profitable US-based firefighting equipment distributor, which holds multiple exclusive distribution contracts for the sales and servicing of some of the world’s largest firefighting equipment brands, and has a current annual turnover of $3 million.  

During the 3rdquarter of 2021, ILUS has been working on the completion of 4 acquisitions in the United States, alongside that of additional acquisition targets in Europe and the Middle East. Whilst the US and European acquisitions remain close to completion, ILUS determined that it was a priority to enter the US market by acquiring an established distribution model for its existing products, combined with the existing distribution of industry leading fire and rescue products which are already in widespread use and in high demand across the US. With this strategy being the priority, ILUS focused on the completion of the distribution acquisition first in its line of upcoming acquisitions.  

ILUS is officially entering the US market by acquiring a leading US distributor of firefighting equipment as well as equipment for police and EMS personnel. The acquisition is a well-known industry name and has been operating for nearly 20 years. It holds numerous exclusive distribution contracts for its local state and neighbouring states as well as several nationwide distribution contracts. The company has exclusive distribution contracts in place for the world’s largest hydraulic rescue equipment brand, one of the world’s largest brands of rescue tools and rescue support equipment and for a global leader in turnout gear.  

In addition to its 6,000 square foot distribution warehouse, the company also has an equipment servicing division, 4 fully equipped demonstration vehicles and 2 mobile trailers. Immediate plans for the acquisition by ILUS include a new distribution warehouse which will be in the region of 15,000 square feet and include a larger showroom and vehicle yard. 

John-Paul Backwell, Managing Director at ILUS had the following to say about the acquisition: “The number one driving force behind all we do at ILUS is to deliver innovative technology which protects more communities and saves more lives. We are already doing this with our firefighting technology which we have now acquired a successful US distribution channel for, and we have also wanted to expand into the rescue technology sector. We know this will give us the ability to improve existing rescue equipment technology and therefore play a leading role in preventing fatalities from road accidents and other tragic events or disasters, which we know are a constant and growing threat to life globally. We all know of families broken apart through road accident deaths or similar tragedies. I believe that ILUS has a huge role to play in improving the technology available to first responders and their ability to respond quicker to incidents where a matter of minutes or even seconds can dramatically alter the outcome for victims and their families.  

 

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Ilustrato Pictures International Inc (OTCMKTS: ILUS) continues higher with power in recent days emerging as among the top most traded stocks in small caps regularly topping $25 million per day in dollar volume and rocketing up from the subs to recent highs over $.45 and becoming one of the most successful RMs of 2021. Microcapdaily first covered ILUS back in August when the stock was $0.05 right after the Company released its second quarter of 2021 results, stating at the time: “The company achieved revenue of $ 2.86 million in the second quarter of 2021. This represents a 462% increase on the first quarter revenue of $ 509k. In addition to increased revenue, ILUS reports that its second quarter gross profit is up 375% to $ 992k compared to the first quarter gross profit of $ 209k. In addition to its increased revenue and profit, ILUS reports that it has strengthened its balance sheet with assets increasing to just under $24.5 million and cash in the bank has also increased.”  ILUS modus operandi has been to continually prioritize profitable growth and cash liquidity in order to allow it to execute the deals on its radar. The company has already completed 3 acquisitions in 2021 and is currently in the process of completing multiple acquisitions in the US and Europe. In a recent interview ILUS Managing Director John-Paul Backwell confirmed that ILUS is currently working on more than 20 initiatives. As part of the initiatives, the company currently has 10 acquisitions in its pipeline within the US, Europe, and the Middle East. These potential acquisitions are at various stages of exploration and due diligence, which has led to a strong deal flow. We will be updating on ILUS when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ILUS.

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Disclosure: we hold no position in ILUS either long or short and we have not been compensated for this article.

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