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.
Ilustrato Pictures International Inc. (OTC: ILUS) publishes frequent updates describing its activities as a mergers and acquisitions company and diversified holding company focused on public safety, industrial, defense, and renewable sectors. The ILUS news feed on this page aggregates these public announcements so readers can review how the company itself describes its strategy, portfolio, and restructuring efforts over time.
Recent ILUS news releases have covered topics such as progress on audited financial statements, the status of SEC-related comments, and potential implications for its OTC Markets tier. The company has discussed the possibility of a temporary move to the OTC Expert Market due to overdue filings and has outlined its intention, in its own words, to resolve these issues and pursue a higher-tier or national exchange listing when conditions allow.
News items also detail ILUS’ portfolio moves, including its majority positions in subsidiaries like Quality Industrial Corp. (QIND) and Emergency Response Technologies Inc. (SAML), its acquisition of a controlling interest in Samsara Luggage Inc. (SAML), and its transaction with Fusion Fuel Green PLC (HTOO) involving the sale of a majority stake in QIND in exchange for Fusion Fuel equity. Additional releases describe plans and letters of intent related to defense-focused autonomous vehicle and robotics businesses, as well as resource recovery and e-waste operations under Replay Solutions.
Investors following ILUS news can use this page to review company statements on restructuring, uplisting strategies, equity dividends involving SAML shares, and operational changes such as consolidating production at a Jacksonville, Florida facility. By reading the sequence of press releases, users can track how ILUS presents its evolving business model, portfolio composition, and shareholder communication initiatives.
Bookmark this ILUS news page to access a centralized view of the company’s own disclosures, including updates on audits, corporate actions, potential business combinations, and strategic plans across its public safety, industrial, defense, and renewable-related holdings.
ILUS International Inc (OTC: ILUS) is advancing its M&A strategy with seven acquisitions in 14 months. The company is investing in Čačak, Serbia, acquiring manufacturing facilities for ILUS EV Technologies, which is expected to create thousands of jobs and generate hundreds of millions of Euros in revenue. The project supports Čačak's goal to become a leader in renewable energy technology production. By 2029, projected revenues for ILUS EV Technologies may reach hundreds of millions annually, with support from the local government enhancing the business environment.
ILUS International is a Mergers and Acquisitions company focused on public safety technology. At the January 28, 2022, Annual Shareholder's Meeting, it announced plans for a renewables subsidiary named Replay Solutions, set to launch operations in Serbia and Dubai in Q2 2022, with US operations commencing in Q4 2022. The renewables subsidiary aims at urban mining, recovering precious metals from electronic waste. Replay Solutions has secured government contracts and is positioned to capitalize on the increasing demand for precious metals amid growing electronic waste globally.
ILUS International Inc (OTC: ILUS) has appointed AJSH & Co LLP as its auditors, starting an audit expected to be completed by summer 2022. The company plans to file its Form 10 with the SEC to become a fully reporting entity and will change its name from Ilustrato Pictures International Inc. to ILUS International Inc. Additionally, it aims to up list from the OTC Pink Market to the OTCQB. CEO Nick Link noted this development is part of the company’s ongoing strategy, which includes the advancement of its subsidiaries like Emergency Rescue Technologies.
ILUS International Inc (OTC: ILUS), a Mergers and Acquisitions firm, is capitalizing on increased oil prices and demand for defense and rescue vehicles in the Middle East. The company has opened a new office in Dubai and is leasing a facility in Boca Raton, Florida, while exploring options in Riyadh. With oil prices expected to exceed $140 per barrel, ILUS anticipates higher capital expenditures in the region, boosting revenues from its subsidiaries. The company is also actively pursuing contracts linked to Saudi Arabia's $500 billion NOEM project and expanding its workforce to meet rising demands.
ILUS International Inc (OTC: ILUS) is set to showcase its advanced fire and rescue technologies at the FDIC International Convention from April 25-30, 2022. Anticipating around 40,000 attendees, ILUS aims to highlight its acquisitions in the fire and rescue sector, including innovative wildland firefighting gear. Managing Director John-Paul Backwell emphasized the urgency of these technologies amid increasing wildfire incidents in the U.S. The company seeks to strengthen its business development and potential acquisitions during this pivotal event.
ILUS International Inc (OTC: ILUS) is set to present at the Emerging Growth Conference on March 2, 2022, focusing on public safety technology acquisitions. The presentation will be led by Managing Director John-Paul Backwell, offering investors an opportunity to interact and ask questions during a 30-minute session starting at 1:30 PM Eastern Time. Registration is encouraged to attend the live event or access an archived version post-conference. This conference aims to connect companies with investors, highlighting growth sectors and innovative strategies.
ILUS International Inc (OTC: ILUS) reports strong positioning amid rising global tensions from the Ukraine conflict, capitalizing on opportunities in public safety technology. The company’s portfolio supports emergency response and defense sectors, bolstered by acquisitions and government relationships in Europe and the Middle East. ILUS anticipates accelerated growth due to increased defense spending, highlighted by Germany's recent $112 billion budget boost. The company’s manufacturing facilities in Southeastern Europe remain unaffected by the conflict, enabling robust production capabilities.
ILUS International Inc (OTC: ILUS) focuses on acquiring public safety technology companies. Recently, it completed its first round of manufacturing and distribution acquisitions and acquired innovative tech firms, Vira Drones and KurveXR. ILUS raised $15 million to enhance business operations and plans 2-3 acquisitions per quarter. The company is setting up legal entities for its subsidiaries, including Emergency Response Technologies. ILUS will showcase products at upcoming expos and is working on a significant acquisition in wildland firefighting products, which will boost revenues.
ILUS International has acquired Vira Drones, a UAV company from Germany and Switzerland, focusing on public safety technology. The acquisition positions ILUS for significant growth, with Vira Drones entering pre-order discussions for 100 rescue UAVs valued at $60 million. A pre-order deposit of $6 million is anticipated, with delivery set for Q4 2023. Vira Drones' UAVs can carry loads up to 1000kg, and multiple opportunities for further orders exist. ILUS aims to enhance Vira Drones' marketing and production capabilities while pursuing patent registrations.
ILUS International Inc (OTC: ILUS) has completed its acquisition of Georgia Fire and Rescue Supply, marking a strategic move in public safety technology. This acquisition enables ILUS to enhance its U.S. distribution capabilities and adds significant expertise to its operations. Georgia Fire, a debt-free company with an annual turnover of $3.5 million, holds exclusive contracts and has a skilled sales team. The acquisition will facilitate the rollout of ILUS’s FireBug technology, with plans for expansion into a larger facility to support U.S. emergency response markets.
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