Great $ILUS interview on the $NYSE floor!! Talked
Post# of 98056
https://www.youtube.com/watch?v=23G6iPJm3oc
NYSE interview: focus on manufacturing industry, targeting rapid response EMS vehicles (small, faster, easier to get to site)
Focuses on business with the disruptive technology potential, revenue generating.
Like to own the technology they are selling in to the market.
AI in military, to reduce personel on the ground.
Renewable sector, more efficient recycling, lithium battery disposal.
2.5yrs since take over of previous management, 13 companies in the group now.
Firebug, uses waterless fire extinguishing.
Quality Industrial, special purpose vehicle, acquired 51%, over $100m in production, $200m in purchase orders
Hyperion defense tech
Quality Industrial subsidiary better than expected.
Fire fighting business doubled revenue
Defense division has grown rapidly
Big growth happening in Eastern Europe
Florida, Colorado, growing well
Targeting a large utilities manuf in middle east
fire fighting in colorado and europe, as well as florida
NYSE uplist to NYSE, estimated late Aug/early Sep, benefits $ILUS: increase balance sheet, owns over 70% of the QIND stock, allows acquisition of more companies, borrow against the stock asset.
ILUS QB uplist, NYSE to follow