Quality Industrial Corporation (PK) (QIND) Quote

The $DRCR $SGN deal shows that Nick can get a big board merger done. Of course, it still has to close. Next up is the $QIND $ASNS merger. It will actually close much sooner (Oct 1), but we don't have the details yet. QIND isn't moving on today's news, but IMO, it should. Nick and JP have stumbled some over the years, some, but they are persistent and they are at the phase where they will be bringing shareholder value now.

For certain. There is no way that this is not related to the merger. This is a clear indication that it is going forward.

ASNS news Could have positive implications for the deal
Actelis Networks Files $50 Million Mixed Securities Shelf

🐂 💰

@NicolasLink
Returning from an intensive trip to New York and San Francisco with
@JpBackwell
and
@james_gibbons_
. Including meetings with bankers, lawyers, funders, and more. Our teams are focused, heads down, getting it done! The goal is in sight! $QIND $DRCR $ILUS $SAML
2:31 PM · Sep 17, 2024

Yes, they filed a 10-QA. The first one was unreviewed. This was was reviewed by the new accounting firm. They did that pretty quickly. The biggest thing was the addition of what the "certain conditions" were. To me it seems that QIND and ASNS have reached a deal, but that they need the lawyers to provide their comments and they need to agree to which fairness opinion provider will be used. These are pretty small hurdles to clear. Let's hope they clear them by tomorrow (15th). If they confirm that on Monday then QIND could really continue the rally we saw on Friday.

From the 10 Q-A filed yesterday: ............. On August 30, 2024, we agreed to further extend the non-solicitation and no-shop periods provided in the Term Sheet until October 1, 2024, unless mutually terminated earlier by the parties. The new extension contains a milestone that both parties have completed their review of the stock purchase agreement and provided their comments before September 15, 2024, and a Fairness Opinion provider has been engaged. Should either of the above milestones not be met by September 15, 2024, then the Non-Solicitation and No-Shop provisions will terminate.

Give me my money!

Someone on the discord pointed out some good things about $QIND. Why would they issue an 8k yesterday appointing appointed Sanjeeb Safir as a QIND managing director. Previously he was Al Shola Al Modea Gas managing director. The Al Shola deal acquisition is getting paid in National Exchange listed stock or cash, but we know that they don't have the cash. So, they will be paying in NASDAQ stock ($ASNS) and thus the ASNS merger must go through in order for the Al Shola acquisition to be paid. So, this 8k signals that the deal is agreed to! It's done.

Otherwise, why would this guy accept a role that wouldn't exist or would be meaningless unless the deal is completed?
Also, the payment of stock is due the quarter after an uplist. So, closing it on October 1st delays that first payment by 90 days.

Some are predicting that $QIND goes to $2 after the deal is announced and while it is still trading on OTC. Seems high to me, but I'm sure that it will be trading much higher than $0.07 in the near future.

@ under 6 Penniees Y not add more to my pile.
Welcome brothers! HAHAHAHAHA MOUNTAIN MAN 🧍‍♂️

$QIND Pay attention to what's happening: Profile updated https://x.com/QualityIndCorp

💩 who needs a toilet when you can shit outside the box

🐻

$QIND Update: Parent Company Tweet out: #ILUS, #QIND, #ASNS transaction update: We have agreed to extend the targeted closing date. Although there is another extension, we are pleased to have reached the point of a firmly targeted date for completion. All parties are fully committed. Info/formal update early next week. $ILUS, $QIND, $ASNS transaction update: We have agreed to extend the targeted closing date. Although there is another extension, we are pleased to have reached the point of a firmly targeted date for completion. All parties are fully committed. Info/formal update early next week.— ILUS International Inc (@ILUS_INTL) August 30, 2024

“ IF “

"The Parties continue to work towards the completion of the transaction in the soonest possible timeframe."

I think Nick and JP do their best to give as much information as possible while maintaining the vagueness that is legally necessary before an event such as this.

What is the soonest possible timeframe? I think it is when the latest extension expires which on August 30. So, that is my expectation.

🎶 Never gonna give you up
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
Never gonna say goodbye
Never gonna tell a lie and hurt you 🎶

NEWS: QIND Appoints New Independent Registered Public Accounting Firm and Provides Update

SAN FRANCISCO, CA / ACCESSWIRE / August 20, 2024 / Quality Industrial Corp. (OTC PINK:QIND) is an Industrial company servicing the Oil & Gas and Utility sectors.

The company is pleased to announce that on August 19, 2024, its board of directors approved and ratified the appointment of Bush and Associates CPA ("Bush and Associates") as its independent registered public accounting firm. Bush and Associates will review QIND's consolidated financial statements for the period ending June 30, 2024. They will also audit the company's consolidated financial statements for the fiscal year ending December 31, 2024. Bush and Associates replace Pipara and Co LLP ("Pipara") as QIND's independent auditor.

On May 23, 2024, QIND issued a press release to announce that it had entered into a binding term sheet with Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis") for Actelis to acquire 61% to 75% of the issued and outstanding shares of the Company, subject to customary terms for closing. On August 16, 2024, the Parties agreed to extend the non-solicitation and no-shop periods provided in the term sheet until August 30, 2024, unless mutually terminated earlier by the Parties. The Parties continue to work towards the completion of the transaction in the soonest possible timeframe. There can be no assurance that the proposed transaction will be consummated.

About Bush and Associates CPA:

Bush & Associates is a premier, PCAOB-registered public accounting firm specializing in providing high-quality audit and assurance services to the oil and gas industry. With a strong focus on NASDAQ-listed clients, Bush & Associates brings a wealth of experience and expertise to the table. As a boutique firm, they pride themselves on their commitment to audit quality and a hands-on approach, ensuring personalized attention to each client's unique needs. Their team of seasoned professionals combines deep industry knowledge with cutting-edge audit methodologies to deliver exceptional value to their clients. Bush & Associates' dedication to excellence and their specialized focus make them an ideal partner for companies seeking rigorous financial oversight and strategic insights.

About Quality Industrial Corp:

Quality Industrial Corp. (OTC PINK:QIND) is a Manufacturer and Service Provider for the Industrial, Oil and Gas, as well as the Utility sectors. It is involved in the design, consultation, supply, installation, and maintenance of liquefied petroleum gas (LPG) systems. The company also provides LPG cylinder distribution and bulk gas supply solutions. It serves commercial buildings, mixed-use apartment complexes, shopping complexes, food courts, heavy industries, labor accommodations, catering units, commercial kitchens, and restaurants. The company was formerly known as Wikisoft Corp. and changed its name to Quality Industrial Corp. in August 2022. The company is headquartered in San Francisco, California.

FORWARD-LOOKING STATEMENTS

This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect the Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.

CONTACT

Quality Industrial Corp.
315 Montgomery Street, San Francisco
CA 94104, USA
Phone: +1-800-706-0806
Email: info@qualityindustrialcorp.com
Investor site: https://qualityindustrialcorp.com
Twitter: @QualityIndCorp @ILUS_INTL

SOURCE: Quality Industrial Corp.

$QIND 10-Q Filed: https://sec.gov/ix?doc=/Archives/edgar/data/1393781/000121390024070699/ea0211248-10q_quality.htm The new independent registered public accounting firm will review this Form 10-Q and upon the completion of its review, the Company will file the requisite amendment to this Report.

Doubt the filings will be late. They've never been late before on anything LOL

QIND, ILUS and SAML financials (10Q) are due today. the financials may have been a necessary filing prior to the merger deal.

Bye bye Fretty 👋🏽

Where Fretty four eyes now ? Huh

HAHAHAHAHAHAHA

extended again 8/30 https://www.sec.gov/ix?doc=/Archives/edgar/data/0001141284/000121390024070311/ea0211652-8k_actelis.htm

August 16th is here Should find out soon! $QIND

Is today the day?

Where’s the beef ? One might assume the price go up around a time when that clown shows us his knowledge. Only it go down ? Wheres the party ?

ASNS S-1 Effective

If either party didn't want the deal to go forward, they would have known by now and would have ended it. They haven't, which likely means it will get done. Why the extension? probably to hammer out the final details or for lawyers to do their thing.

Thanks for posting, AA. Although very frustrating, an extension is better than nothing. But, come on, JP and Nick......close a deal.

There was an ASNS filing extending the agreement for 2 weeks to August 16. https://www.sec.gov/ix?doc=/Archives/edgar/data/1141284/000121390024064857/ea021053801-8k_actelis.htm

we should get an announcement well before the 2 weeks pass.

What do you mean "before the 2 weeks pass"? Even though you think it will be sooner, are you suggesting that it's possible that an announcement might not be made for as long as another 2 weeks? If that's what you mean, you certainly are giving them a lot of rope. Unless there was a signed extension, the deal may have fallen apart at midnight. Shareholders certainly are due an explanation.....quick.

I still believe they are in the home stretch of a deal. In fact, I bet they have it "done" and they are just waiting on the lawyers to give it their ok. If so, we should get an announcement well before the 2 weeks pass.

If they were going to extend again, they would have by now. (They did the extension early last time). If they were going to abandon the deal, they would have known and would have issued an 8k. The only other possibility is that they are in the home stretch of a deal. So, I like our chances at a deal, even if it takes until Monday to find out.

Agin, we're approaching the end of the market day. Not a word from JP regarding the completion of the deal. It would appear to me that if all was fine and dandy, it would have been announced by now. You've always been so positive. What are your thoughts now? Another delay? It sure would be nice if JP and Nick could finally close a deal that would actually add to shareholder value.....as they always tell us, but never happens.

the risk is in whether they come through. I agree. Because if they do, it really is easy money. We should know soon.

Agin, I sure hope you're correct. I like your optimism. However, JP and Nick aren't exactly known as "deal closers". So, of course, there's not a bunch of talk about "easy money" on this board. I'd love to see these guys come through during the next couple of days.

QIND is about to announce a merger deal with a NASADAQ stock and this board has zero posts in the last week. Hard to believe. Aug 2 is Friday. They will sign before then. They gave themselves a short extension because they knew they only needed a short amount of time. Seems like easy money to me.

NEWS: $QIND Operating Company, Al Shola Gas, Receives Over $1 Million in New Orders Since The Start of July 2024 https://accesswire.com/891591/qind-operating-company-al-shola-gas-receives-over-1-million-in-new-orders-since-the-start-of-july-2024 #QIND an ILUS subsidiary.
$QIND Operating Company, Al Shola Gas, Receives Over $1 Million in New Orders Since The Start of July 2024 https://t.co/9EoVbtTl9L $ILUS— Quality Industrial Corp. (@QualityIndCorp) July 23, 2024

Great assessment. Things will turn around soon. $QIND

NEWS: $QIND Operating Company, Al Shola Gas, Receives Over $1 Million in New Orders Since The Start of July 2024 https://accesswire.com/891591/qind-operating-company-al-shola-gas-receives-over-1-million-in-new-orders-since-the-start-of-july-2024 $ILUS

#shorts about to get rekt

Exactly just a pile of doo doo 💩

Monkey see monkey take a doo doo

Obviously no one cares what you think. Waste of a board? Yet you keep appearing. Can you provide us proof of your income vs Nick Links ?

I think the reverse merger deal with QIND will give the ASNS stock a good long term future. I expect it will help in the short term, but I can't say for certain. QIND has other acquisitions lined up that should really boost the revenues.

Yes they her felonious son Shaneal ( who names their boy shaneal?) pumped the stock as hard as he could on webull and reddit getting retail to go in hard and fast. They called the company a scam and sold out from underneath us all tanking the stock friday afternoon when prices were up CTB was 500% , ASNS was on Reg SHO shares had not been returned in 5 days , 0 days to cover on a friday… hmmm my complaint gets filed with the SEC on monday.

This reverse merger is gonna tank my ASNS holdings isn’t it. That why the recently price manipulation of ASNS attempting to trap retail so they wont sell?

$QIND & $ASNS Transaction Update: The parties signed an Amendment to the Binding Term Sheet, extending the non-solicitation & no-shop periods through to the end of August 2, 2024, unless otherwise mutually terminated. All other terms remain unchanged & in full force & effect.— Quality Industrial Corp. (@QualityIndCorp) July 19, 2024
"$QIND & $ASNS Transaction Update: The parties signed an Amendment to the Binding Term Sheet, extending the non-solicitation & no-shop periods through to the end of August 2, 2024, unless otherwise mutually terminated. All other terms remain unchanged & in full force & effect."

The deal is still on and will be done by 2 weeks from today. They have had long enough to know if it wasn't going to work out. Now they are just finishing the final paperwork.

FWIW https://quantisnow.com/insight/new-insider-patel-pritiben-yogesh-claimed-ownership-of-600866-units-of-actelis-networks-inc-5613026