Welcome to our dedicated page for Ilustrato Pictur news (Ticker: ILUS), a resource for investors and traders seeking the latest updates and insights on Ilustrato Pictur stock.
ILUS International Inc. (OTC: ILUS) is a diversified holding company focused on strategic mergers and acquisitions in high-growth sectors including industrial solutions, public safety, and renewable energy. This page serves as the definitive source for all official company announcements, press releases, and market updates.
Investors and industry observers will find timely information on acquisition activity, operational milestones, and strategic partnerships. The curated news collection provides insights into ILUS's growth strategy through subsidiary integrations and sector-specific developments.
Key updates include earnings reports, regulatory filings, and progress across core business areas. Regular monitoring of this resource enables stakeholders to track the company's execution of complex transactions and market positioning efforts.
Bookmark this page for direct access to verified ILUS developments. For comprehensive tracking of the company's M&A-driven expansion in essential industries, revisit frequently as new information becomes available.
ILUS International Inc (OTC: ILUS) announced the securing of over $8 million in government subsidies for its first investment project in Serbia, aimed at enhancing public safety and industrial capabilities. The project is expected to create thousands of jobs over the next decade, with significant revenue generation for ILUS subsidiaries. The company has outlined further Phase One projects, including large-scale manufacturing capabilities and partnerships with local authorities, positioning Serbia as a key production hub outside the U.S.
ILUS International Inc (OTC: ILUS) is expanding its footprint in the wildfire equipment sector through strategic acquisitions and the establishment of new manufacturing facilities in Serbia. The company has signed Letters of Intent to acquire two prominent wildfire equipment manufacturers, facilitating its plan to become a leading global player in this market. With rising wildfire incidents causing significant global damage, ILUS' emergency response subsidiary, Emergency Response Technologies, is poised to meet increasing demand. The Serbian facility will enhance production capabilities and is complemented by acquisitions in the USA and UK.
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.