ILUS Announces Filing of Form 10-12G
October 20 2022 - 7:05AM
InvestorsHub NewsWire
NEW YORK, NY -- October 20, 2022 -- InvestorsHub NewsWire --
Ilustrato Pictures International Inc.(OTC:
ILUS) is a Mergers and Acquisitions company focused on the
acquisition and growth of public safety and industrial companies
across the globe. Today, the company has filed itsForm 10-12G
Registration Statement with the U.S. Securities and Exchange
Commission (the "SEC").
“We are pleased confirm the filing of our Form 10 today which
provides detailed and audited information about our
company’s operations, including an overview of our business
strategies, risk factors, financial statements, and further
material information. Our ongoing obligation to file with the SEC
in a timely manner will help current and new investors make more
informed and educated investment decisions about our company. This
is an important and essential step in our commitment to provide our
investors with further transparency and accountability,” said ILUS
Managing Director, John-Paul Backwell.
Shareholders and interested parties are urged to read the filed
Form 10-12G which is available at the U.S. Securities and
Exchange Commission’s website (www.sec.gov), under the name
of Ilustrato Pictures International Inc. Some of the
highlights and key information in the Form 10 includes:
- Audited revenues for year ended 2021 of $ 11,263,875 which was
ILUS’ first year of operating since taking over from previous
management in January 2021
- $ 19,677,222 Net Revenue in the second quarter of 2022
- A complete statement of business operations, including but not
limited to organizational structure, operating companies,
subsidiaries, details of acquisitions, and risk factors
- Financial information, properties, and security ownership
- Profile of Directors, Officers, executive contracts, and
compensation
- Financial statements filed with auditors’ consent and
Exhibits
Once the filing is effective, ILUS will be subject to the full
reporting requirements of the SEC. This means the company will be
begin filing Form 10-K annual reports, Form 10-Q quarterly reports
and Form 8-K periodic reports with the SEC. The company will also
be subject to additional reporting obligations related to proxies,
shareholder actions and stock ownership rules. The Form
10-12G will have automatic affect 60 days after the filing,
following which the company plans to change its registered name and
apply to OTC Markets to up list from the OTC Pink Market to the
OTCQB.
ILUS CEO Nicolas Link commented, "As a company with over 40,000
current shareholders as confirmed by the NOBO list and which is
already delivering exponential growth, the filing of our Form 10
and the events to follow as a result, all form part of ILUS
delivering on its conglomerate plan, whereby a solid foundation of
reliable operations, financial stability and ongoing transparency
serve as the springboard for our even greater and completely
unrivalled growth.”
For further information on the company, please see its
respective communication channels:
ILUS Website: https://ilus-group.com
ILUS Twitter: @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; (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:
ILUS Website: https://ilus-group.com
ILUS Twitter: @ILUS_INTL
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