other material
confidence high
sentiment neutral
materiality 0.40
Quality Industrial Corp. reverses fiscal year end to December 31 to align with parent ILUS
Quality Industrial Corp.
- Board approved reversal of fiscal year from June 30 back to December 31, effective immediately.
- Change aligns fiscal year with parent Ilustrato Pictures International Inc. (ILUS) for a pending special purpose vehicle transaction.
- Next fiscal year end is December 31, 2023; annual report for 2023 due by March 29, 2024.
- Original change to June 30 was for a planned NYSE American uplist, now reversed.