Ilustrato Pictures International Announces Company’s Forthcoming Steps
MONUMENT, Colo., May 20, 2019 (GLOBE NEWSWIRE) -- Ilustrato Pictures International, Inc. (OTCPK: ILUS) announced today the next steps for the Company will be to change its name to Red Creek Diversified Holdings Corporation along with a symbol change in the near future. Red Creek will be focused as a Diversified Consolidated company aligned with Global Strategic Partners and will structure the Company to benefit immediate and long-term stock appreciation.
Red Creek Diversified Holdings Corporation will become a fully reporting company with a broad-based oriented vision that includes companies that have passed beyond startups and proof of concept which are capable in creating on-going revenues. Some of the selected opportunities spaces will be mainstream or emerging industries that Red Creek will introduce to the stake holders such as Cannabis Properties, Real Estate Underling Assets, Lease Backs on Equipment, Construction Products.
The Company’s intent is to rapidly transition into these industries as Red Creek’s immediate and long-term strategic plans.
Red Creek’s core values are to have a team of participants that always attempt to perform at the highest levels. The Company will align with an already existing team in place of various consultants and entrepreneurs that have combined decades of experience.
Red Creek looks to partner with like-minded investors who wish to share in the growth of this dynamic industry, and management believes there is significant investor interest and demand for such opportunities.
About ILUS (to be renamed Red Creek Diversified Holding Corporation):
The strategy of ILUS is to acquire, align or consolidate with revenue producing companies and real estate assets. The plan is to diversify by acquiring companies that have a proven track record in industries that have great potential for growth and profits. Our website www.redcreekreserve.com will be updated as we execute the strategic plan.
ILUS Enters Into LOI With CWD
MONUMENT, Colo., May 02, 2019 (GLOBE NEWSWIRE) -- Illustrato Pictures International, Inc. (to be renamed Red Creek Diversified Holdings Corporation) (OTCPK:ILUS) announced today a Letter of Intent with CWD to work together to invest in existing operations of CWD in Colorado, with ground floor opportunities in Oregon and other licensed approved states to develop additional facilities based on the assets and products that have been developed by CWD.
The LOI will allow ILUS to provide personnel and resources for ILUS and its investment partners to evaluate the market for the products developed by CWD at the proposed facility location and other locations where licenses are in place or can be obtained. We believe that our investments should focus on proven products, proven services, and key locations to serve the customer base. We believe in the real estate mantra (Location, Location, Location). Our acquisition strategy is to invest in facilities that have valuable real estate evaluations and market windows as the underpinnings of the investment.
ILUS (Red Creek Diversified Holdings Corporation) will concentrate efforts in the Cannabis business properties and brands in the manufacturing infused products, cultivation, dispensaries, and health and wellness products and seek acquisitions in similar companies. CWD is ideal as to our strategic partner expansion with professional experience in manufacturing of edibles to contribute to our overall roll up strategic plan of expansion in multiple States.
Larson Elmore, CEO of ILUS, stated, “We are pleased to announce the acquisition of CWD. CWD offers a variety of CO2 oil cannabis infused edibles such as Hard and Soft Candies, Teas, Capsules, Vaporizer Products, and Concentrates.”
Mr. Elmore continued, “We feel now is the perfect time to launch our public entity, with CBD becoming a recommended treatment for a variety of ailments. The total CBD market is expected to reach $22 billion by 2022. The U.S. Farm Bill, legalized hemp-derived CBD in all 50 states and should speed the industry's growth.”
To learn more about CWD, please visit: www.cwdmeds.com
Ilustrato Pictures International Inc. ., (OTCPINK: ILUS) has begun or concluded submitting all regulatory and compliance paperwork for Nevada reinstatement.
Ilustrato Pictures International Inc, (ILUS) is reviewing other opportunities within our sector and will begin to give further updates shortly on progress as well as name change.
Ilustrato Pictures International Inc. ., (OTCPINK: ILUS) , in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter (https://twitter.com/redcreekreserve) and its own website to announce key information in compliance with Reg FD.
About Red Creek Reserve
Red Creek Reserve does not grow or sell Marijuana products. We locate, option, and purchase/lease sites, then erect the structures for licensed grow and dispensary operations using the latest state of the art technologies in each facility. (learn more)
The unique feature of our operation is that we fund the upfront capital investment for each project facility. This includes a turnkey package for immediate licensing, processing, and operational deployment. The licensed operator simply leases the facility and attaches their license to the specific location to get their approvals in place with the governing State of their operation. Our development program is designed to get the licensed operator in business as rapidly as possible, thereby allowing the business to establish profit quickly.
We take the development process to a level where the operators can begin organizing their business. We help them establish a profitable grow and dispensary operation, which helps sell their products. In addition, the licensed operators of dispensaries or grow centers can enter this space with minimal upfront investment through our leasing program.
The technologies that are implemented in our turnkey matrix are proven for efficiency and designed to achieve the highest profitability. We provide experienced talent in horticultural consultation, operational design, building structures, plasma grow lighting, and IT tracking from seed to sale. Our leadership has extensive long-term track records in their respective roles to accommodate and deploy the development plans in the rapidly emerging Marijuana industry.
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