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Wednesday, June 29, 2022

Ilustrato Pictures International Inc (OTCMKTS: ILUS) Looking to Breakout as M&A Player Reports Record Revenues, Up Listing to National Exchange & Major League Acquistion

ILUS International Inc (OTCMKTS: ILUS) is looking to breakout northbound after the Company announced it is acquiring a Company that did $100 million in revenues in 2021 and is on track to achieve over $200 million in 2022. The acquisition target is a large process equipment manufacturer, focused primarily on the Oil, Gas and Utility industries and which also manufactures firefighting equipment for special projects. The agreed acquisition, acquisition number 7 for the Company is headquartered in the Middle East where its manufacturing and assembly facilities extend to over 10 million square feet. Ilustrato is also nearing its first defense acquisition, which manufactures disruptive technology and vehicles for the defense sector. In addition to the completion of the Defense acquisition, ILUS is also acquiring an emergency response communications Company, a wildfire equipment Manufacturer and more as Ilustrato continues to add valuable assets to its Emergency Response Technologies portfolio.  

ILUS has been undergoing an audit by AJSH & Co LLP which is nearing completion and this will get the Company to fully reporting OTCQB, reviewing options for shareholders in preparation for planned up listing to a Major US Stock Exchange. ILUS is also in discussions with several investment banks to evaluate options and scenarios. ILUS was one of the biggest runners of 2021 skyrocketing from well under a penny to highs of $0.509 per share. 

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ILUS International Inc (OTCMKTS: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. Having already acquired 7 companies since January 2021, ILUS is in the process of agreeing and completing several new acquisitions for its Emergency Response Technologies subsidiary. 

ILUS reported Q1 2022 revenue of $3,013,522 representing a 482% increase over its revenue in Q1 2021. The company also reported a 73% increase in its balance sheet for the same period to $34,381,723, its highest reported balance sheet to date. With customer behavior varying between quarters due to seasonal and cyclical trends, the third and fourth quarters of each year are often the strongest for businesses in the manufacturing and distribution industries. ILUS is therefore optimistic about its Quarter-on-Quarter growth, which is most relevant when analyzing and improving the progress of each of its acquisitions. Additional highlights in the company’s Profit and Loss statement for the first quarter included a gross profit of $1,859,080, up more than $1.6 million on the same period in 2021, and an increased net profit of $636,636. With a strong balance sheet, consistently growing revenue, several larger agreed acquisitions to be added and solid investor backing, ILUS remains in an incredibly healthy position as the company rapidly closes in on its most significant milestones yet.  

Earlier this year ILUS formed a new Defense subsidiary and the Company is now nearing its first defense acquisition, which manufactures disruptive technology and vehicles for the defense sector. In addition to the completion of the agreed upon acquisition, ILUS is also acquiring an emergency response communications Company, a wildfire equipment Manufacturer and more as the Company continues to add valuable assets to its Emergency Response Technologies portfolio.  

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ILUS

ILUS has been undergoing its audit by AJSH & Co LLP which is nearing completion and this will get them to fully reporting OTCQB, reviewing options for shareholders to lock up shares in a preference category, finalizing structure for the roll out of its European deals and restructuring its subsidiaries in preparation for planned participation on a major stock exchange. As the deal size and complexity of its acquisitions has grown significantly in preparation for the planned participation on a major stock exchange, ILUS is in discussions with reputable investment banks to evaluate several options and scenarios.  

ILUS made significant operational progress during the first quarter of 2022. In addition to its two completed and two agreed acquisitions, the company opened new offices in Dubai, UAE and Boca Raton, FL, USA. The ILUS global headquarters in Dubai have capacity for up to 80 team members whilst its US regional office in Boca Raton has capacity for up to 15. The company made several new hires during the first quarter, especially in its administrative and finance departments as it ramped up activity for its audit and a potential up listing.  

On May 25 ILUS announced it has agreed to the principal terms to acquire its first $100 million revenue company. The agreed acquisition delivered upwards of $100 million in 2021 revenue and is on track to achieve over $200 million in 2022. ILUS is pleased to announce that following months of discussions and due diligence, the terms have been agreed for the acquisition of a large process equipment manufacturer which is focused primarily on the Oil, Gas and Utility industries and which also manufactures firefighting equipment for special projects. The company is a leading provider of heavy engineering solutions and turnkey projects with an extensive list of global multinationals as customers. The agreed acquisition is headquartered in the Middle East where its manufacturing and assembly facilities extend to over 10 million square feet.  

Following completion of the first round of due diligence, the heads of terms for the acquisition and documentation have been agreed. The attorneys are satisfied and have begun work on the contracts whilst the second round of due diligence is already underway. ILUS and the agreed acquisition hope to complete the remaining due diligence and contractual process within approximately thirty days. ILUS will structure the agreed acquisition within its Emergency Response Technologies subsidiary, alongside a group of several strategically aligned manufacturing and technology companies. Emergency Response Technologies has simultaneously agreed the acquisition of a fully reporting Special Purpose Vehicle (SPV) and it is intended that the agreed acquisition will be reversed into this SPV. More detailed information on the structure of the deals will be announced closer to or at their completion. 

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Currently trading at a $122 million market valuation ILUS has half a million dollars in the treasury and $34 million in assets and $15 million in liabilities. ILUS Is on the move northbound since a brif dip below the $0.10 mark. The Company just announced it is acquiring a Company that did $100 million in revenues in 2021 and is on track to achieve over $200 million in 2022. Ilustrato is also nearing its first defense acquisition, which manufactures disruptive technology and vehicles for the defense sector. In addition to the completion of the Defense acquisition, ILUS is also acquiring an emergency response communications Company, and a wildfire equipment Manufacturer. ILUS is an attractive bet for investors at current levels, with 7 acquisitions already completed and many more on the way, record revenues and legions of new shareholders jumping on board, ILUS has a massive gap to fill back to $0.50 per share. Microcapdaily first reported on ILUS on August 15, 2021 when the stock was $0.06 on its way to $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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