OTC: ILUS, ILUS International Inc (Ilustrato Pictures International Inc), Confirms the Appointment of Its Official Auditors
March 15 2022 - 9:56AM
InvestorsHub NewsWire
NEW YORK, NY -- March 15, 2022 -- InvestorsHub NewsWire
-- ILUS International Inc (OTC:
ILUS) is a Mergers and Acquisitions company focused on
acquiring and developing public safety technology-based companies
across the globe. The Company has recently appointed AJSH & Co
LLP as its auditors. Accordingly, AJSH has recently begun the audit
of ILUS, expecting to complete it by the summer of 2022. After
completing the audit, ILUS will file its Form 10 with the SEC to
become a fully reporting entity. It will also change its registered
name from Ilustrato Pictures International Inc to ILUS
International Inc, and apply with OTC Markets to up list from the
OTC Pink Market to the OTCQB.
AJSH & Co LLP is an independent firm of Chartered
Accountants and business advisors based in New Delhi, India. AJSH
is registered with the Public Company Accounting Oversight Board
(PCAOB) in the United States and is also ISO 9001:2015 certified.
With over 14 years of profound experience, AJSH renders a wide
array of professional services globally, including accounting and
bookkeeping, audit and assurance, tax and regulatory, business
consultation and corporate law advisory. In addition to this, AJSH
has been rendering its assurance services to many other publicly
listed companies (OTC markets and NASDAQ) in the United
States.
ILUS chose AJSH as its auditors due to its capabilities,
capacity, and knowledge of operations between the Middle East,
Europe, and the United States, whilst being in a convenient time
zone. AJSH is registered with the PCAOB, US as well as Canadian
Public Accountability Board (CPAB, Canada). Its also a member of
The International Accounting Group (TIAG), which is a worldwide
alliance of independent accounting firms. AJSH has extensive growth
plans for supporting US-based companies, and already holds
extensive operations in the EMEA region. ILUS is confident that it
will bring its filings earlier than the previously stated timeline
of April 2023.
The audit of ILUS International is running in parallel to ILUS’
plans for Emergency Rescue Technologies (ERT) and its other
subsidiaries, which ILUS has previously made its Shareholders aware
of. ILUS confirms that up listing to the OTCQB does not detract
from any plans it has for its subsidiaries, which are continuing
simultaneously.
ILUS CEO, Nick Link, commented: “The progress we have made with
our plans for ERT and other ILUS subsidiaries this year has been
excellent. Now, in parallel, the parent company itself has the
opportunity to up list to the OTCQB. This is another significant
step forward for ILUS, especially since it is happening ahead of
schedule. Given the interest in our company and the corresponding
volume at which our stock trades, listing ILUS on the OTCQB will
only attract even further interest from institutional investors and
larger private investors. We are pleased that AJSH is onboard for
this audit as they have worked with many NASDAQ companies with
complex operations in regions such as ours. They are a good fit for
our requirement, and we look forward to the completion of this
audit in the summer.”
For further information on the companies, please see their
communication channels:
Website:https://ilus-group.com
Twitter: OTC_ILUS
Contact:
Email: IR@Ilus-Group.com
Source: ILUS
Related Links
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. The Securities and Exchange Commission ("SEC") has
provided guidance to issuers regarding the use of social media to
disclose material non-public 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 webcastsalso 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 Twitter:
OTC_ILUS
Note: ILUS Coin does not sit within ILUS International Inc
(Ilustrato Pictures International Inc), so the public is
recommended to follow the correct Media Channels relating to the
public company OTC: ILUS.
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