ILUS Signs Financing Agreement with Toto Capital Inc. to Launch an ILUS Crypto Token (Coin)
March 24 2021 - 12:51PM
InvestorsHub NewsWire
NEW YORK, NY -- March 24, 2021 -- InvestorsHub NewsWire -- ILUS
International Inc (OTC:
ILUS), ILUS is a M&A company acquiring and developing
technology-based companies globally. The company has already
completed two acquisitions in 2021. ILUS has signed a
ground-breaking agreement with Toto Capital Inc., an innovative
financing company, to produce and launch an ILUS Crypto Token.
ILUS International has granted Toto
Capital the branding rights to launch an ILUS branded
crypto token, also often referred to as a crypto
coin. The deal means Toto Capital will pay ILUS International a
royalty on the token sales as well as a substantial direct
investment into ILUS and Toto will also provide vendor lease
purchase finance to ILUS customers for ILUS
equipment.
Crypto is rapidly growing in popularity and there is a vast,
diverse global crypto community who are liquid with large amounts
of capital available to deploy into viable and credible crypto
coins or tokens. ILUS technology offers significant value to
potential coin holders and many Emergency Responders globally
especially much needed volunteer groups do not have the capital
required to fund their much-needed equipment purchases, therefore
the ILUS token will assist in the funding and availability of this
much needed equipment. It is expected to simultaneously deliver
value and growth to ILUS International Shareholders and increased
value and rewards to the ILUS token holders.
In additional to the royalty payment on each token for use of
the brand, Toto Capital will invest capital into ILUS International
in the form of Non-Convertible, Non-Cumulative, Non-Voting,
Redeemable Preference shares. The benefit to ILUS is a non-dilutive
injection of equity capital that will allow the ILUS Management to
aggressively grow the ILUS business and carry out its acquisitions,
share buy backs and strengthen its balance sheet. The
Toto Capital investment into ILUS International is expected to
exceed $ 35 million over the next 18 to 24 months.
The advantage of this to the token holders is that they could
receive a return from the token as portions of the Preference
shares are redeemed from Toto Capital and they could also receive
an annual dividend and staking rewards for holding the tokens in
addition to profits from the equipment lease contracts.
We would therefore hope that this should have a significant
benefit to ILUS Shareholders, ILUS Token holders & Responders
requiring equipment.
While the agreement is partially subject to the successful
launch of the ILUS token, both ILUS and Toto Capital believe there
should be substantial demand for the token. The ILUS token will
have a hard cap of 100,000,000 coins with an initial presale
release for 2 weeks during April and thereafter launched on several
mainstream exchanges. There will be more information released about
the token in the near future.
Alongside the ILUS token agreement, ILUS is also in the process
of completing its Reg A Application for $50 million and although
ILUS hopes not to utilise this securities approval, it
is comforting for Shareholders to know that the company
will have access to adequate additional capital to execute its
aggressive growth plans should it be required.
Nicolas Link, CEO of ILUS, said the agreement around the ILUS
token puts another piece in the puzzle. “We believe we are rapidly
getting the corner stones in place to build a world class business
and in preparation for exponential growth. The acquisition strategy
is aggressive but deliverable and rapid scale up is essential in
the journey up to the big boards. It is not only financially
beneficial, it is also quite simply very exciting to have an ILUS
branded token in circulation, adding to the credibility of the
brand and business. It should hopefully deliver significant value
to Shareholders, token holders and responders.”
ILUS has a number of acquisitions, investments and strategic
partnerships in the pipeline around the world, which will be
announced in the near future.
For further information on the companies, please see their
communication channels:
Website: https://ilus-group.com
Twitter : OTC_ILUS
Nicolas Link CEO
Email : nick.link@ilus-group.com
Irina Shatalova
(PA to the CEO and Investor Relations)
Email: Irina.Shatalova@ilus-group.com
Source: ILUS
Related Links
https://ilus-group.com
https://ilus-coin.com
https://toto-capital.com
Disclaimer: This is an Ilustrato Pictures International Inc
(ILUS) informational press release and not
an advertisement or promotion to any United States or Canadian
Citizen to purchase ILUS Tokens.
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