QUALITY INDL Stock Price, News & Analysis

Quality Industrial Corp. (QIND) is an industrial company specializing in the energy sector, with a core focus on liquefied petroleum gas (LPG) systems and related services. Traded on the OTC market under the symbol QIND, the company operates as a manufacturer and service provider for the industrial, oil & gas, and utility sectors. Its business centers on the design, consultation, supply, installation, and maintenance of LPG systems, as well as the distribution and bulk supply of LPG to a wide range of commercial and residential customers.

Business Focus and Operating Model

According to company disclosures, Quality Industrial Corp.’s operating business consults, designs, supplies, installs, and maintains LPG systems. It also transports and supplies LPG in both bulk and cylinder formats. Through its operating subsidiary Al Shola Al Modea Gas Distribution LLC (Al Shola Gas), the company serves commercial buildings, mixed-use apartment complexes, shopping complexes, food courts, heavy industries, labor accommodations, catering units, commercial kitchens, and restaurants. The company has described itself as a manufacturer and service provider for the industrial, oil & gas, and utility sectors.

Al Shola Gas, established in 1980 and headquartered in the United Arab Emirates, is described as an engineering and distribution company operating in the gas sector. It is characterized in company news as one of the region’s leading contractors of centralized gas pipeline systems, a distributor of LPG cylinders, and a supplier of bulk gas to commercial, residential, and industrial facilities. Al Shola Gas operates a fleet of trucks and services thousands of residential and hundreds of commercial gas supply contracts, reflecting a recurring, service-oriented operating base.

Corporate Structure and Key Subsidiary

Quality Industrial Corp. completed the acquisition of a 51% interest in Al Shola Gas via a definitive Stock Purchase Agreement. The agreement included an option for QIND to acquire the remaining 49% within a specified period. Upon execution of the agreement, QIND obtained control of Al Shola Gas and took two of the three board seats, including the chairmanship. The company has highlighted the integration and expansion of this acquisition as a central focus of its strategy.

Al Shola Gas has been presented in company communications as a key contributor to QIND’s revenue and net income. Company news has noted that the consolidation of Al Shola Gas drove a turnaround in financial performance, with growth in LPG-related revenue and net income. The operating business has emphasized bulk LPG supply, cylinder distribution, and central gas system engineering and installation as core activities.

Customer Base and Operations

Quality Industrial Corp. reports that its operating business serves a broad range of clients across the LPG value chain. Customer categories mentioned in company releases include:

• Commercial buildings and mixed-use apartment complexes
• Shopping complexes, malls, and food courts
• Heavy industries and industrial facilities
• Labor accommodations and catering units
• Commercial kitchens and restaurants

In its communications, QIND has indicated that its operating business services nearly 40,000 customers across the United Arab Emirates, with multiple operating facilities, a fleet of vehicles, and a significant employee base. The company has also referenced central gas system projects and bulk LPG supply contracts in the Middle East and Africa, as well as orders for new central gas system installations, bulk LPG supply, and LPG cylinder distribution.

Sector Positioning and Industry Role

Quality Industrial Corp. positions itself as an industrial and energy-focused company with specialization in LPG systems and gas distribution. While the broader industry classification data lists QIND under data processing, hosting, and related services in the information sector, the company’s own press releases describe its primary activities in the industrial, oil & gas, and utility sectors, with a focus on LPG infrastructure and services.

The company has highlighted that its operating business is internationally certified and approved by local government authorities, and that it services customers such as Emirates Airlines, Emaar, Government of Dubai, Dubai Properties, WASL Group, and other named entities. These references underscore its role as a supplier of LPG systems and fuel to both large institutional and commercial clients.

Corporate History and Name Change

Quality Industrial Corp. has stated that it was formerly known as Wikisoft Corp. and changed its name to Quality Industrial Corp. in August 2022. This name change reflects a shift in business direction toward industrial and energy-focused operations. The public entity’s evolution from Wikisoft Corp. to QIND is part of its disclosed strategy to build an industrial platform centered on energy-related assets.

Strategic Transactions and Partnerships

The company has been involved in several significant strategic discussions and agreements, as described in its news releases:

• A binding term sheet with Actelis Networks, Inc. for Actelis to acquire a majority stake in QIND, subject to customary closing conditions and due diligence.
• Subsequent updates indicating that the parties extended non-solicitation and no-shop periods while working toward completion of the potential transaction, with no assurance that it would close.
• A Stock Purchase Agreement with Fusion Fuel Green PLC for Fusion Fuel to acquire a majority stake in QIND’s capital stock, which, if consummated, would result in a change of control of QIND. The agreement includes conditions related to shareholder approvals and Nasdaq listing applications, and company communications note that there can be no assurance that closing or post-closing conditions will be satisfied.

In addition, QIND has referred to prior plans and filings related to a potential uplisting to a senior exchange and a firm commitment public offering via an S-1 registration statement, as well as subsequent decisions to withdraw certain filings in connection with alternative transaction structures. These activities illustrate the company’s stated intent to align its capital markets strategy with its acquisition and growth objectives.

Headquarters and Jurisdiction

Quality Industrial Corp. is incorporated in Nevada and has identified San Francisco, California as the location of its principal executive offices. Its key operating subsidiary, Al Shola Gas, is headquartered in the United Arab Emirates. This structure places corporate administration in the United States while core LPG operations are based in the Middle East.

Use of SEC Filings and Shareholder Communications

The company files periodic and current reports with the U.S. Securities and Exchange Commission. For example, an 8-K filing dated November 10, 2025, refers to a shareholder letter discussing corporate governance, operational performance, financial progress, and the status of the transaction with Fusion Fuel Green PLC. Investors can review such filings to understand QIND’s governance, acquisition activity, and financial reporting practices.

Investment and Risk Considerations

Company communications frequently note that certain statements are forward-looking and subject to risks and uncertainties, and they emphasize that there can be no assurance that proposed transactions or strategic plans will be completed. Prospective investors and stakeholders are therefore encouraged, based on these disclosures, to review QIND’s SEC filings and official news releases for details on transaction terms, conditions, and risk factors associated with its industrial and energy-focused operations.