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Quality Industrial Corp. Expects To Close Its First Acquisition in September 2022
Quality Industrial Corp. Expects To Close Its First Acquisition in September 2022
SAN FRANCISCO, CA / ACCESSWIRE / August 31, 2022 / Quality Industrial Corp. (OTCQB:QIND) recently engaged Pipara & Co LLP as its independent registered public accounting firm on August 19, 2022, in order to align with its parent company, ILUS International (OTC:ILUS). The newly appointed accounting firm's presence in the region has led to a faster audit process for Quality Industrial Corp.'s upcoming United Arab Emirates headquartered subsidiary. Consequently, QIND now expects its large United Arab Emirates acquisition to close in September 2022.
QIND has already successfully completed its first tranche payment of $1 million towards completion of the acquisition and will be paying the next tranche with the with closing of the purchase agreement. QIND is also negotiating two further acquisitions in the renewable energy and industrial manufacturing sectors.
This Press Release does not constitute an offer of any securities for sale.
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 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:
Twitter: @QualityIndCorp @ILUS_INTL
SOURCE: Quality Industrial Corp.
View source version on accesswire.com:
SAN FRANCISCO, CA / ACCESSWIRE / August 31, 2022 / Quality Industrial Corp. (OTCQB:QIND) recently engaged Pipara & Co LLP as its independent registered public accounting firm on August 19, 2022, in order to align with its parent company, ILUS International (OTC:ILUS). The newly appointed accounting firm's presence in the region has led to a faster audit process for Quality Industrial Corp.'s upcoming United Arab Emirates headquartered subsidiary. Consequently, QIND now expects its large United Arab Emirates acquisition to close in September 2022.
加利福尼亚州旧金山/ACCESSWIRE/2022年8月31日/为了与其母公司Ilus International(场外交易代码:ILUS)保持一致,Quality Industrial Corp.(场外交易代码:QIND)最近于2022年8月19日聘请Pipara&Co LLP为其独立注册会计师事务所。新任命的会计师事务所在该地区的业务使Quality Industrial Corp.即将成立的阿联酋子公司的审计过程变得更快。因此,QIND现在预计其在阿联酋的大规模收购将于2022年9月完成。
QIND has already successfully completed its first tranche payment of $1 million towards completion of the acquisition and will be paying the next tranche with the with closing of the purchase agreement. QIND is also negotiating two further acquisitions in the renewable energy and industrial manufacturing sectors.
QIND已于收购完成时成功完成首期付款1,000,000美元,并将于收购协议完成时支付下一期款项。QIND还在就可再生能源和工业制造领域的另外两笔收购进行谈判。
This Press Release does not constitute an offer of any securities for sale.
本新闻稿不构成出售任何证券的要约。
FORWARD-LOOKING STATEMENTS
前瞻性陈述
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 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.
本新闻稿包含有关该公司的前瞻性陈述。您可以通过“可能”、“将会”、“预期”、“预期”、“目标”、“估计”、“打算”、“计划”、“相信”、“很可能”、“未来”或其他类似的表达方式来识别这些前瞻性陈述。这些前瞻性陈述主要基于公司对未来事件和财务趋势的当前预期和预测,公司认为这些事件和财务趋势可能会影响公司的财务状况、经营结果、业务战略和财务需求。不能保证公司目前的预期和预测是准确的。本新闻稿中的所有前瞻性陈述均基于公司在本新闻稿发布之日的信息。这些陈述涉及已知和未知的风险、不确定性和其他因素,这些风险、不确定性和其他因素可能导致公司的实际结果与前瞻性陈述中暗示的大不相同。该公司在一个快速发展的环境中运营。新的风险因素时有出现。除适用法律要求外,公司不承担更新或修改前瞻性陈述的任何义务。本新闻稿不构成购买任何证券的要约或邀请,也不构成以其他方式收购、发行、认购、出售或以其他方式处置任何证券的任何要约或邀请的一部分,也不构成任何要约购买、以其他方式收购、发行、认购、出售或以其他方式处置公司任何证券的任何要约或要约的一部分。在某些司法管辖区发布、发布或分发本公告可能会受到法律的限制,因此,在发布、出版或分发本公告的司法管辖区内的人员应了解并遵守此类限制。
CONTACT
Quality Industrial Corp.
315 Montgomery Street, San Francisco
CA 94104, USA
Phone: +1-800-706-0806
Email: info@qualityindustrialcorp.com
Investor site:
Twitter: @QualityIndCorp @ILUS_INTL
接触
美国质量工业公司。
旧金山蒙哥马利街315号
CA 94104,美国
电话:+1-800-706-0806
电子邮件:Info@Quality Industrial alcorp.com
投资者网站:
推特:@QualityIndCorp@Ilus_INTL
SOURCE: Quality Industrial Corp.
资料来源:美国质量工业公司。
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