Otc: Ilus, Ilus International (Ilustrato Pictures International Inc.) Confirms The Settlement Of Two $500,000 Notes And Announces A Further $5.6 Million In Funding
Otc: Ilus, Ilus International (Ilustrato Pictures International Inc.) Confirms The Settlement Of Two $500,000 Notes And Announces A Further $5.6 Million In Funding
08/08/22, 5:40 PM
Location
new york
Money raised
$5.6 million
via NewMediaWire
Company Info
Location
new york, united states
Additional Info
The company confirms the settlement of two of GPL Ventures, LLC’s (GPLV) Promissory Notes, each to the value of $500,000. Including the settlement of the GPLV notes, ILUS has received $4.5 million in funding from RBCP. Furthermore, ILUS’ majority owned entity, Quality Industrial Corp. (OTCQB: QIND), has received $1.1 million in funding from RBCP which has been used for a first tranche payment for an in-progress acquisition. ILUS is now pleased to confirm that both notes have been settled through an agreement reached between RBCP and GPLV.