Nicolas Link - Nov 26, 2024 Form 4 Insider Report for Quality Industrial Corp. (QIND)

Signature
/s/ Nicolas Link
Stock symbol
QIND
Transactions as of
Nov 26, 2024
Transactions value $
$0
Form type
4
Date filed
11/29/2024, 05:00 PM
Previous filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QIND Common Stock Disposed to Issuer $0 -57.7M -100% $0.00 0 Nov 26, 2024 Ilustrato Pictures International Inc. F1
transaction QIND Common Stock Disposed to Issuer $0 -4.75M -100% $0.00 0 Nov 26, 2024 Direct F1
transaction QIND Series A Stock Disposed to Issuer $0 -20K -100% $0.00 0 Nov 26, 2024 Ilustrato Pictures International Inc. F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Nicolas Link is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The shares were disposed pursuant to a Stock Purchase Agreement (the "Purchase Agreement"), dated November 18, 2024, by and among the reporting person, Quality Industrial Corp., a Nevada corporation, Fusion Fuel Green PLC, an Irish public limited company (the "Fusion Fuel"), Ilustrato Pictures International Inc., a Nevada corporation and a stockholder of the Company ("Ilustrato"), and certain other stockholders of the Company. At the closing under the Purchase Agreement, the reporting person exchanged its 62,419,078 common stock and 20,000 series A preferred stock of QIND for certain shares of Fusion Fuel. The closing occurred on November 26, 2024.