Trooperstocks
2 weeks ago
$ILUS News: ILUS Provides Update on Shareholder Meeting
June 02, 2025 16:01 ET | Source: Ilustrato Pictures International Inc.
NEW YORK, NY, June 02, 2025 (GLOBE NEWSWIRE) -- Ilustrato Pictures International Inc. (OTC: ILUS) ("ILUS" or the "Company"), a mergers and acquisitions company focused on acquiring and scaling businesses in the public safety and industrial sectors, is pleased to provide shareholders with further details regarding its previously announced Annual Shareholder Meeting scheduled for Friday, June 20, 2025.
The meeting will include updates from ILUS leadership on key business developments, strategic plans, and progress on current initiatives. Shareholders will have the opportunity to engage directly with the Company during a dedicated Q&A session.
Meeting Details
Date: Friday, June 20, 2025
Time: 9:30 AM EDT
Location: Trump International Beach Resort,18001 Collins Avenue, Sunny Isles Beach, FL 33160, United States
To participate in the meeting, shareholders are required to register in advance using ILUS' official event portal:
https://www.eventbrite.com/e/ilus-shareholder-meeting-tickets-1353057223579
Shareholders of record will be eligible to attend. Upon registration, participants will receive further instructions and access credentials for the event. Shareholders may also submit questions in advance through the portal.
Additional meeting materials, including the formal notice and agenda, will be distributed in line with Regulation requirements and made available at https://ilus-group.com.
For further information on ILUS, please see its communication channels:
Website: https://ilus-group.com
X: @ILUS_INTL
Email: IR@Ilus-Group.com
Source: ILUS
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; (vii) renewal of the Company's current customer, supplier and other material agreements; and (viii) 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 results 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. The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls, and webcasts also may take time from time to time. 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. Therefore, considering the SEC's guidance, we encourage investors, the media, and others interested in our company to review the information we post on the following social & media channels: Website: https://ilus-group.com X: @ILUS_INTL
Contact:
IR@Ilus-group.com
(917) 522-3202
ORCA
2 months ago
QIND.0275,INCREDIBLE NEWS JUST OUT.
https://www.otcmarkets.com/stock/QIND/news/Quality-Industrial-Corp-Reports-Fiscal-Year-2024-Results-Subsidiary-Al-Shola-Gas-Achieves-311-Year-Over-Year-Revenue-Gro?id=474989
Quality Industrial Corp. Reports Fiscal Year 2024 Results; Subsidiary Al Shola Gas Achieves 31.1% Year-Over-Year Revenue Growth
GlobeNewswire | 04/28/2025
Quality Industrial Corp. Reports Fiscal Year 2024 Results; Subsidiary Al Shola Gas Achieves 31.1% Year-Over-Year Revenue Growth
SAN FRANCISCO, CA , April 28, 2025 (GLOBE NEWSWIRE) -- Quality Industrial Corp. (“QIND” or the “Company”) (OTC: QIND), an industrial and energy-focused company providing comprehensive solutions for the liquefied petroleum gas ("LPG") industry, today announced its financial results for the fiscal year ended December 31, 2024.
Through its operating subsidiary, Al Shola Gas, QIND offers consulting, design, supply, installation, and maintenance of LPG systems, as well as bulk and cylinder LPG distribution services. The Company serves a broad range of clients, including commercial buildings, mixed-use apartment complexes, shopping centers, food courts, heavy industries, labor accommodations, catering units, and commercial kitchens.
Fiscal Year 2024 Highlights:
Total Revenue: QIND reported total revenue of $11,177,567 for the year ended December 31, 2024, primarily driven by the acquisition and consolidation of Al Shola Gas beginning in April 2024.
Subsidiary Performance: Al Shola Gas generated revenue of $14,268,840 for the twelve months ended December 31, 2024, representing a 31.1% increase compared to $10,839,209 in 2023.
Operating Expenses: Operating expenses increased to $3,280,008 for 2024, compared to $2,766,256 in 2023. General and administrative expenses remained relatively consistent year-over-year but shifted from being primarily share-based expenses in 2023 to operating expenses of Al Shola Gas in 2024.
Professional and Legal Fees: Professional fees increased to $849,925 in 2024 from $315,011 in 2023, driven by one-off expenses, including a reaudit of the Company's financials by its new auditor, Bush & Associates CPA ($95,000), and legal fees related to the Company’s merger with Fusion Fuel Green PLC, handled by Lucosky Brookman LLP ($525,994).
Net Income: QIND achieved net income of $266,780 in 2024, compared to a net loss of $4,232,732 in 2023. Al Shola Gas contributed net income of $2,051,645 in 2024, an increase of 17.6% over 2023, factoring in a new 9% United Arab Emirates corporate tax provision implemented in 2024.
John-Paul Backwell, Chief Executive Officer of QIND, commented:
"We are pleased to report a significant turnaround in financial performance, driven by the consolidation of Al Shola Gas and sustained operational improvements. The early momentum in 2025, reflected in recent orders from both existing and new customers, positions us well for continued growth. We expect to see similar year-over-year performance gains as we strategically invest in expanding Al Shola Gas’s capabilities."
Strategic Outlook
In 2025, QIND plans to allocate additional resources to Al Shola Gas to drive operational efficiency, expand sales volume, and enhance financial performance. Planned capital investments, including the acquisition of new vehicles for bulk LPG supply operations, are expected to support further revenue growth. Management anticipates that these strategic initiatives will result in increased revenue and corresponding operating expenses.
About Quality Industrial Corp.
Quality Industrial Corp. (“QIND”) is a diversified industrial and energy company specializing in the liquefied petroleum gas (LPG) sector through its wholly owned subsidiary, Al Shola Gas. The Company delivers end-to-end LPG solutions, including consultation, engineering, supply, installation, and maintenance services, alongside bulk and cylinder-based LPG distribution. QIND is a majority owned subsidiary of Fusion Fuel Green PLC (NASDAQ: HTOO). QIND is headquartered in San Francisco, California, and Al Shola Gas is headquartered in Dubai, United Arab Emirates.
For more information, visit: https://qualityindustrialcorp.com | https://alsholagas.ae | https://www.fusion-fuel.eu
This Press Release does not constitute an offer of any securities for sale.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Forward-looking statements are identified by words such as "expect," "plan," "anticipate," "believe," "intend," "estimate," "may," "continue," "will," "likely," and similar expressions, and include statements regarding the Company’s future growth, financial performance, strategic initiatives, and other future events or conditions. These statements are based on current expectations, estimates, and projections, and are not guarantees of future performance. Actual results may differ materially from those indicated by such forward-looking statements as a result of various risks, uncertainties, and other factors, including those disclosed in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Contact:
Quality Industrial Corp.
505 Montgomery Street, San Francisco, CA 94104, USA
Phone: +1-800-706-0806
Email: info@qualityindustrialcorp.com
Investor Relations Website: https://qualityindustrialcorp.com
Twitter: @QualityIndCorp | @Fusion_Fuel
https://www.globenewswire.com/newsroom/ti?nf=OTQ0MDA3OCM2OTA4NjQ4IzUwMDEzNTA2NQ==
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Source: Quality Industrial Corp.
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