Quality Industrial Corporation (PK) (QIND) News

1.5 million float

Thank you for the chart mick.

The 30 day termination notice of ASNS deal ends this week. I expect we will hear about the $QIND uplist early next week when they are free to act. Not much else to say until then.

Wen Grandma?

right now, I think we are either waiting to hear from QIND on a new uplist/merger partner or we are waiting on DRCR to close on their merger/uplist with SGN. QIND and DRCR share the same chairman and the uplist deal structures are similar. If DRCR can pull it off, then QIND can as well.

One period closer.

Quality Industrial Corp. is an Industrial Manufacturer of heavy engineering equipment for the Oil & Gas and Utility Sectors.
We aim to be a global leader in the manufacture and assembly of industrial equipment and precision engineered technology.

$QIND corporate profile for more DD: https://www.otcmarkets.com/stock/QIND/profile

Excellent Thank you mick

UPDATE ; Share Structure Market Cap Market Cap; 2,991,490 zero increase , unrestricted change.
10/18/2024
Authorized Shares 200,000,000
10/18/2024
Outstanding Shares 119,659,784
10/18/2024
Restricted 85,856,613
10/18/2024
Unrestricted 33,803,171
10/18/2024
Held at DTC30,001,301
10/18/2024
Float 20,552,323
10/16/2023
Par Value 0.001

LOGO







[-chart]alsholagas.ae/wp-content/uploads/2024/03/Logo-01-2.png[/chart]

WHAT A DIFFERNCE IN PPS WOW --- THIS COULD BE $QIND

DRCR
Dear Cashmere Holding Company (PK)
0.1433
0.00375 (2.69%)
Volume: 118,722
Day Range: 0.1335 - 0.14368
Last Trade Time: 3:46:15 PM EDT

QIND -Quality Industrial Corp. a Wholly Owned Subsidiary of ILUS International

Company Website: https://qualityindustrialcorp.com/

Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend]
09/12/2024 03:32:32 PM

QIND
Quality Industrial Corporation (PK)
0.025
-0.003 (-10.71%)
Volume: 321,062
Day Range: 0.024 - 0.028
Bid: 0.0231
Ask: 0.025
Last Trade Time: 3:54:41 PM EDT
Total Trades: 26

QIND
Quality Industrial Corporation (PK)
0.025
-0.003 (-10.71%)
Volume: 321,062
Day Range: 0.024 - 0.028
Bid: 0.0231
Ask: 0.025
Last Trade Time: 3:54:41 PM EDT
Total Trades: 26

I AM NEW HERE; WHAT IS THIS ONE ALL ABOUT ????? LOOKS LIKE GOOD ONE FOR OIL ENERGY/NATURAL GAS ENERGY.

Looks like $QIND has or will find a new big board merger partner. ASNS wasn't very cooperative. DRCR seems to have found a good one in SGN.

https://qualityindustrialcorp.com/wp-content/uploads/2024/10/QIND-Shareholder-Letter-10152024.pdf

15 October 2024

Dear Shareholders,
We want to provide our shareholders with an update, albeit a limited one. We assure you that we are
working diligently and swiftly to execute our business plan and expedite the expected uplisting.
We sincerely appreciate your understanding concerning the ASNS transaction. Our legal counsel is
currently evaluating the appropriate course of action. Consequently, we will refrain from further
commentary until we receive additional guidance.
QIND remains committed to expeditiously executing an uplist to a major stock exchange to secure
access to capital and unlock the unrealized value of our operating business, Al Shola Gas (ASG).
ASG is flourishing under QIND’s guidance and the leadership of our Regional Director for the Middle
East, Mr. Sanjeeb Safir. We have successfully concluded a satisfactory third quarter and are steadfastly
progressing toward our annual target. Additionally, we are actively pursuing expansion into the Saudi
Arabian market while concurrently negotiating larger bulk LPG supply contracts in the UAE and exploring
new expansion opportunities in Europe.
We wish to assure all Shareholders that we are well-positioned to execute our strategic objectives,
notwithstanding the delays, which have also caused us considerable frustration. We are eager to
provide you with a more comprehensive update and anticipate doing so very soon.

Sincerely,
John-Paul Backwell

ALL THREE STOCKS DEAD.KEEP GOING DOWN.THE SCAMBAGS SCREWED EVERYONE.

Dance… 🕺🏻

Question: Wasn't the QIND/Al Shoa deal to be paid with stock of a listed company and the hope was that it would be the uplisted stock of the ASNS/QIND merger????? Now that the merger and uplist is not happening, will the Al-Shoa deal terminate like QI, and now ILUS will have to re-state earnings again????????????

Great blueprint for our future deals

Let’s see what happens

Item 7.01 Regulation FD Disclosure.



As previously disclosed, on May 23, 2024, Actelis Networks, Inc. (the “Company”) announced that it had entered into a binding term sheet (as amended, the “Term Sheet”) with Quality Industrial Corp, a Nevada corporation traded on the OTC under the symbol QIND (“Target”), and Ilustrato Pictures International Inc., a Nevada corporation (“Seller”, and, together with the Company and Target, the “Parties”), providing for the potential acquisition of between 61% to 75% of the issued and outstanding shares of the Target’s share capital.



As of the date of this report, no definitive agreement with respect to the potential acquisition has been entered into by the Parties, and the non-solicitation and no-shop periods provided in the Term Sheet have not been extended.



On October 10, 2024, consistent with the termination provision in the Term Sheet, the Company invoked its right and provided the Target the requisite 30-day notice of the Company’s intention to terminate the Term Sheet.

Agin Austin also known as Fred , how many names you got? Your losing ground, is this the best you can do ?

AginAustin
Understood, but neither QIND or ASNS are huge companies. It should not take this long to negotiate and complete a deal.

Especially after touting that they finally have a target closing date of 10/1 and after a tweet like this:

Nicolas Link (Nick)
@NicolasLink
·
Sep 17
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

It is. But they are only required to file something if the ASNS deal is dead or once they complete it. The absence of a filing means that the deal is still on-going.

Silence is deafening……

Nick is the chairmen of the board for DRCR and he is definitely a big part with them on the uplist deal. Go watch the Buffalo Fireside Chats video with Jeff Hecklinski of SGN and see how many times he mentions "Nick". Many times. Look at the transcript. When DRCR uplists, it will be a positive for QIND as it will show it as a proof of concept.

Agin

DRCR probably works better because they are not run by our management. ILUS merely owns a position in the company.

If they would be running the company, you would be "waiting for godot" there as well.

I've been mostly a supporter of QIND as it didn't have significant dilution and it looked to have a payout sooner than ILUS with the uplist. Clearly it is taking longer than expected. I get the sense that DRCR and SGN work better together than QIND and ASNS are. I expect that QIND and ASNS will work it out and if they don't QIND will work with another distressed NASDAQ company. I think DRCR will close their deal very soon and that should help with people's belief in what they are doing with these deals.

This isn't an easy thing to do. But once they get it done, I think I will be very happy. I've bought more shares as it has come down.

AA, you've certainly been one of the biggest supporters of QIND and ILUS. Although I have really appreciated your optimism, unfortunately, you've been incorrect with most of your predictions.

What's your take now regarding the current situation and the total silence from the companies? It appears that all those supposed deadlines really weren't deadlines. JP and Nick's credibility have really taken a hit. Why even announce a deal if they are unable to close a deal?

ILUS leadership can’t merge into traffic much less merge companies. Heck can’t even change their name for how many years now. Got to hand it to them with dogged determination to the grift.

Did they mean October 1st 2025? lol

Pigeons drop things too

$QIND news drop anytime now

Day isn't over yet.

The Sounds of Silence.

1 day until October 1st when the $QIND / $ASNS deal is targeted for signing and closing.

3 business days until October 1st when the $QIND / $ASNS deal is targeted for signing and closing. The valuation for QIND will be shown in the agreement. Up next: $DRCR, $SAML then $ILUS

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!