Ilustrato Pictures International Inc (OTCMKTS:ILUS) stock is taking a hit on Wednesday and moved to the session low.
Market Action
As of 11:28, ILUS stock decreased by 9.50% to $0.0611. So far more than 12.12 million shares have traded hands, compared to its average volume of 22.45 million shares. The stock has moved within a range of $0.0600 – 0.0680 after opening the session at $0.0641.
OTC:ILUS, ILUS International (Ilustrato Pictures International Inc) Announces the Global Rollout Plan for Its Revolutionary Mongoose External Firefighting Lance, a World First for Compartment Firefighting
- ILUS has already completed three acquisitions during the first quarter of 2021 and is currently in various stages of negotiation regarding several more acquisitions.
- The company’s first acquisition, FireBug, a firefighting equipment and emergency services vehicle manufacturer which holds its own patented technology, has announced the global rollout plan for its much anticipated Mongoose external firefighting lance, with sales already rapidly on the increase.
- The extensive FireBug product range is sold globally through a network of 43 distributors and includes firefighting and rescue vehicles from small to large, a range of customised lightweight fire vehicle bodies built to order, UTV firefighting vehicles including electric UTV vehicle solutions, MistMax firefighting skid units, floating pumps and strainers, BacPac portable water mist fire suppression kits, MistNozzle water mist firefighting nozzles and finally, the Mongoose external firefighting lance, which is used primarily for the cooling and extinguishing of compartment fires.
- Due to increased urbanisation and technological advancements, there has been a sharp increase in the occurrence of compartment fires in urban areas. A “compartment” fire is typically a fire that takes place in a room or enclosed structure but could also take place under the hood of a vehicle or aircraft fuselage.
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