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Sunday, September 25, 2022

Ilustrato Pictures International Inc (OTCMKTS: ILUS) Heating Up Fast as Co Set to Make Important Announcements (Form 10-12G, Subsidiary Uplisting & New Acquisitions)

Ilustrato Pictures International Inc (OTCMKTS: ILUS) is on fire making a powerful move up the charts Monday up 57% on 73 million shares traded and about $7.5 million in dollar volume. The Company recently stated it will be making important announcements on the following milestones during the month of September 2022 including filing its Form 10-12G Registration Statement, Investment Bank which the company is working with to complete its first planned subsidiary up list to a major stock exchange, Announcement regarding planned Share lock-up and Share buy-back, First site which the company is acquiring in Serbia and details on the Investment Project and its incentives, $100m Revenue acquisition by the company’s industrial subsidiary, Quality Industrial Corp. (OTCQB: QIND), and Further acquisitions which are in their final stages 

ILUS has seen significant growth through acquisition over the past year and the Company’s revenues have skyrocketed: In August ILUS reported its Q2 2022 results. Highlights for the three months ended June 30th, 2022, are as follows: Revenue: $19,677,222.51 . Net Profit: $1,132,322.21, EBITDA: $ 1,659,141.95, Assets: $55,308,410.82, and Working Capital: $9,640,172.49. ILUS has been in talks with a major investment bank regarding the planned up-list of a subsidiary to a major stock exchange. During this month, the company will make an announcement confirming the investment bank and its associated plans. Linked to the investment bank confirmation, ILUS will make an announcement regarding its planned Share lock-up and Share buy-back. As per the company’s originally stated milestones, plans for an ILUS up list to the OTCQB are running concurrently to plans for its Emergency Response Technologies subsidiary to up list to a major stock exchange such as NASDAQ or the NYSE.  

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ILUS International (Ilustrato Pictures International Inc) operating out of New York, London, and Dubai, ILUS International is a public Mergers and Acquisitions company 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 International has already completed multiple acquisitions and is completing new acquisitions each quarter. Each acquisition rapidly increases the global expansion and growth of the company. Our primary focus is to add shareholder value as we continue to acquire, develop and grow companies which transform their respective industries and the world we live in. ILUS subsidiary Company’s include Emergency Response Technologies, Vira Drones, E Raptor, FB Technologies, Firebug, TVC, BCD Fire, and Bull Head Products. 

ILUS is doing big numbers; In August ILUS reported its Q2 2022 results. Highlights for the three months ended June 30th, 2022, are as follows: 

Revenue: $19,677,222.51  

Net Profit: $1,132,322.21  

EBITDA: $ 1,659,141.95  

Assets: $55,308,410.82 

Working Capital: $9,640,172.49 

Progress during the second quarter included ILUS acquiring the majority stake of the fully reporting OTCQB company, Wikisoft Corp. which then underwent a name and ticker change to Quality Industrial Corp (OTCQB: QIND). QIND has signed a binding Letter of Intent to acquire 51% of a United Arab Emirates based process equipment manufacturer which is generating more than $100 million in annual revenue.  

ILUS has been especially pleased with the progress made by Georgia Fire Rescue, which delivered its strongest quarterly performance to date after moving into its new larger facility. Steady growth has been delivered across the board within the group and with the third quarter already well underway, ILUS is confident of an even stronger performance in its third and fourth quarters. As per the company’s originally stated milestones, plans for an ILUS up list to the OTCQB are running concurrently to plans for its Emergency Response Technologies subsidiary to up list to a major stock exchange such as NASDAQ or the NYSE. 

Microcapdaily first reported on ILUS on August 15 when the stock was still in single digits under a dime and well before it ran to a high of $0.5099 stating at the time: “The management team’s modus operandi has been to continually prioritize profitable growth and cash liquidity in order to allow it to execute the deals on its radar. With a number of new acquisitions in the pipeline, including two Letters of Intent which have been signed, ILUS is in a strong position to complete its targeted deals. ILUS skyrocketed out of the triple zeroes in January of this year topping out at 0.1898 before a brief dip below the $0.05 mark. Now on the rise up after a significant reversal ILUS is making a powerful move to the upside with liquidity and momentum on its side.”  

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ILUS

On September 9 ILUS reported it will be making important announcements on the following milestones during the month of September 2022: 

  • Filing of its Form 10-12G Registration Statement with the U.S. Securities and Exchange Commission (the “SEC”) 
  • Investment Bank which the company is working with to complete its first planned subsidiary up list to a major stock exchange 
  • Announcement regarding planned Share lock-up and Share buy-back 
  • First site which the company is acquiring in Serbia and details on the Investment Project and its incentives 
  • $100m Revenue acquisition by the company’s industrial subsidiary, Quality Industrial Corp. (OTCQB: QIND) 
  • Further acquisitions which are in their final stages 

In order to become fully reporting, change its name, and up list to the OTCQB, ILUS underwent the audit of its 2020 and 2021 financials, the completion of which was announced on the 30th of August 2022.   ILUS is now in the final stages of preparing its Form 10-12G Registration Statement, which it expects to file during September 2022. 

ILUS has been in talks with a major investment bank regarding the planned up-list of a subsidiary to a major stock exchange. During this month, the company will make an announcement confirming the investment bank and its associated plans. Linked to the investment bank confirmation, ILUS will make an announcement regarding its planned Share lock-up and Share buy-back. 

Since its first Investment Project in Serbia has been approved by the government and the property purchase agreed with the Seller, ILUS will be announcing the first project launch this month, with details of the property, deal incentives and benefits. 

ILUS’ industrial subsidiary, Quality Industrial Corp. is in the final stages of completing the acquisition of a $100m+ revenue process manufacturing company headquartered in the United Arab Emirates. The subsidiary has already signed a binding agreement with the acquisition target, paid the first agreed payment of $1 million and both parties are now working through the final documentation for their anticipated deal completion and announcement during September 2022. Simultaneously, ILUS’ emergency response subsidiary, Emergency Response Technologies, is working through the completion of four acquisitions. 

ILUS Managing Director, John-Paul Backwell, commented: “We expect to reach several phenomenal milestones over the coming months and our September milestones form an important step towards an outstanding fourth quarter which should contain even more stunning results and announcements.” 

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ILUS is making a powerful move northbound up 57% on $7.3 million in dollar volume on Monday on 73 million shares traded. There are a lot of catalysts at play as ILUS recently reported it will be making important announcements on the following milestones during the month of September 2022 including filing its Form 10-12G Registration Statement, Investment Bank which the company is working with to complete its first planned subsidiary up list to a major stock exchange, Announcement regarding planned Share lock-up and Share buy-back, First site which the company is acquiring in Serbia and details on the Investment Project and its incentives, $100m Revenue acquisition by the company’s industrial subsidiary, Quality Industrial Corp. (OTCQB: QIND), and Further acquisitions which are in their final stages. Linked to the investment bank confirmation, ILUS will make an announcement regarding its planned Share lock-up and Share buy-back. As per the company’s originally stated milestones, plans for an ILUS up list to the OTCQB are running concurrently to plans for its Emergency Response Technologies subsidiary to up list to a major stock exchange such as NASDAQ or the NYSE. ILUS has a history of big moves and in summer 2021 the stock ran to over $0.50 per share.  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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