While ILUS’ industrial subsidiary, Quality Industrial Corp.(QIND), awaits comments to its S-1 Registration Statement, which have not yet been received, the company has continued to press forward with the business plan for its Public Safety and Renewables subsidiaries. With all terms agreed for its next acquisition, ILUS is in the final stages of the administrative and internal structuring required to complete the deal. It is intended that the acquisition will serve as a Special Purpose Vehicle for expansion of the company’s Public Safety subsidiary, Emergency Response Technologies (ERT).
This week, ERT held several positive meetings in
ILUS confirms that it has agreed a revised payment plan with
Plans remain firmly in place for ILUS to pay a special equity dividend in the form of QIND stock to ILUS Shareholders of record as of the date of QIND’s NYSE American uplisting. The company is prepared to announce details of the dividend upon confirmation of a date for QIND’s planned uplisting.
For further information on ILUS, please see its communication channels:
Website: https://ilus-group.com
Twitter: @ILUS_INTL
Email: IR@Ilus-Group.com
Source: ILUS
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https://ilus-group.com
Forward-Looking Statement
Certain information set forth in this press release contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
website: https://ilus-group.com Twitter: ILUS_INTL
Note: ILUS Coin does not sit within
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