Other OTC:QIND

ILUS Completes Acquisition and Provides Dividend, Merger and Subsidiary Update

Retrieved on: 
Friday, December 29, 2023
Replay Solutions, Sale, Acquisition, Emergency, S-1, Mining, ERT, Exchange, Growth, Mergers and acquisitions, OTC, Security (finance), Shareholder Meeting

An update is provided on several matters of importance for Shareholders including the acquisition, an associated dividend for ILUS Shareholders, merger agreement negotiations, subsidiaries, and financing.

Key Points: 
  • An update is provided on several matters of importance for Shareholders including the acquisition, an associated dividend for ILUS Shareholders, merger agreement negotiations, subsidiaries, and financing.
  • Following ERT’s acquisition of Emergency Response assets from ILUS, it intends to pay a special equity dividend to ILUS Shareholders and ERT has appointed its own legal counsel with whom it is finalizing the matter.
  • The structure of the dividend is such that following its intended payment to ILUS Shareholders, ILUS will retain its controlling interest in ERT.
  • Having been approached, the ILUS management team is currently in discussions regarding a merger with a NASDAQ listed company.

ILUS has Been Invited for an Interview on the Floor of the NYSE

Retrieved on: 
Wednesday, June 7, 2023
Donald Duck filmography, Media, Sale, Answer, Social, Vii, Security (finance), Social media, Film industry

These statements are not guarantees of future performance and undue reliance should not be placed on them.

Key Points: 
  • These statements are not guarantees of future performance and undue reliance should not be placed on them.
  • The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material non-public information.
  • We use these channels as well as social media to communicate with the public about our company, our services, and other issues.
  • It is possible that the information we post on social media could be deemed to be material information.