QIND · Quality Industrial Corp.
Substantial doubt about the company's ability to continue as a going concern.
“The Company’s ability to continue as a going concern is dependent on the Company’s ability to continue to generate sufficient revenues and raise capital within one year from the date of filing.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-02-23 | Fusion Fuel Green PLC |
10% Owner |
Other↑
|
Common Stock
|
8,500,000 |
| 2026-02-23 | Fusion Fuel Green PLC |
10% Owner |
Other↓
Filing footnotes — Series B Convertible Preferred Stock (Direct)
Each share of Series B Convertible Preferred Stock of the issuer is convertible, for no cash consideration, into 1,000 shares of common stock of the issuer at the option of the reporting person, except in the event that such conversion would result in such holder's beneficial ownership of the common stock of the issuer exceeding 9.99% of the outstanding common stock of the issuer immediately after conversion and subject to other applicable limitations or prohibitions on conversion of the Series B Convertible Preferred Stock, and has no expiration date. |
Series B Convertible Preferred Stock
|
8,500 |
| 2025-12-02 | Fusion Fuel Green PLC |
10% Owner |
Other↓
Filing footnotes — Series B Convertible Preferred Stock (Direct)
Each share of Series B Convertible Preferred Stock of the issuer is convertible, for no cash consideration, into 1,000 shares of common stock of the issuer at the option of the reporting person, except in the event that such conversion would result in such holder's beneficial ownership of the common stock of the issuer exceeding 9.99% of the outstanding common stock of the issuer immediately after conversion and subject to other applicable limitations or prohibitions on conversion of the Series B Convertible Preferred Stock, and has no expiration date. |
Series B Convertible Preferred Stock
|
9,600 |
| 2025-12-02 | Fusion Fuel Green PLC |
10% Owner |
Other↑
|
Common Stock
|
9,600,000 |
| 2025-10-28 | Fusion Fuel Green PLC |
10% Owner |
Other↑
|
Common Stock
|
1,900,000 |
| 2025-10-28 | Fusion Fuel Green PLC |
10% Owner |
Other↓
Filing footnotes — Series B Convertible Preferred Stock (Direct)
Each share of Series B Convertible Preferred Stock of the issuer is convertible, for no cash consideration, into 1,000 shares of common stock of the issuer at the option of the reporting person, except in the event that such conversion would result in such holder's beneficial ownership of the common stock of the issuer exceeding 9.99% of the outstanding common stock of the issuer immediately after conversion, and has no expiration date. |
Series B Convertible Preferred Stock
|
1,900 |
| 2025-08-01 | Fusion Fuel Green PLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
The reporting person acquired 2,000,000 shares of the issuer's common stock pursuant to a Stock Purchase Agreement, dated as of August 1, 2025, between the issuer and the reporting person, for an aggregate purchase price of $40,000. |
Common Stock
|
2,000,000 |
| 2024-11-26 | Bennett Louise |
Chief Operating Officer |
Other↓
Filing footnotes — Common Stock (Direct)
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 850,000 shares of QIND for certain shares of Fusion Fuel. The closing occurred on November 26, 2024. |
Common Stock
|
850,000 |
| 2024-11-26 | Link Nicolas |
Director, 10% Owner |
Other↓
Filing footnotes — Series A Stock (Indirect)
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. |
Series A Stock
(I)
|
20,000 |
| 2024-11-26 | Safir Sanjeeb |
COO and Mng Dir Middle East |
Sell↓
Filing footnotes — Common Stock (Direct)
Pursuant to a Stock Purchase Agreement (the "Purchase Agreement"), dated November 18, 2024, by and among Quality Industrial Corp., a Nevada corporation ("QIND"), 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, and certain other stockholders of the Company including the reporting person, the reporting person transferred 1,000,000 shares of common stock of QIND to Fusion Fuel, and in consideration, Fusion Fuel issued to the reporting person 46,314 shares of Series A Convertible Preferred Shares with a nominal value of $0.0001 each of Fusion Fuel ("Series A Preferred Shares"). The conditions to the closing of the transactions contemplated by the Purchase Agreement were satisfied in all material respects as of November 26, 2024 (the "Closing Date"). The conversion rights under the Series A Preferred Shares remain subject to the satisfaction of certain conditions, including shareholder approval of certain matters and the clearance of an initial listing application by Fusion Fuel with The Nasdaq Stock Market LLC ("Nasdaq"). Upon satisfaction of such conditions, the Series A Preferred Shares will be automatically converted into ten Class A Ordinary Shares with a nominal value of $0.0035 each of Fusion Fuel, subject to adjustment for share dividends and share splits. On November 25, 2024, the last trading day before the Closing Date, the last reported price of a Class A Ordinary Share by Nasdaq was $4.64, prior to adjustment for any subsequent share splits, which effectively resulted in each share of QIND common stock transferred by the reporting person being valued at $2.15 per share on an as-converted basis, without regard to the conditions to conversion. |
Common Stock
|
1,000,000 |
| 2024-11-26 | Link Nicolas |
Director, 10% Owner |
Other↓
Filing footnotes — Common Stock (Indirect)
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. |
Common Stock
(I)
|
57,669,078 |
| 2024-11-26 | Krishnamoorthy Krishnan |
Chief Financial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
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 2,250,000 shares of QIND for certain shares of Fusion Fuel. The closing occurred on November 26, 2024. |
Common Stock
|
2,250,000 |
| 2024-11-26 | Backwell John-Paul |
Managing Director |
Other↓
Filing footnotes — Common Stock (Direct)
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 4,750,000 shares of QIND for certain shares of Fusion Fuel. The closing occurred on November 26, 2024. |
Common Stock
|
4,750,000 |
| 2024-11-26 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
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 4,500,000 shares of QIND for certain shares of Fusion Fuel. The closing occurred on November 26, 2024. |
Common Stock
|
4,500,000 |
| 2024-11-26 | Link Nicolas |
Director, 10% Owner |
Other↓
Filing footnotes — Common Stock (Direct)
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. |
Common Stock
|
4,750,000 |
| 2024-09-02 | Safir Sanjeeb |
COO and Mng Dir Middle East |
Award↑
|
Common Stock
|
1,000,000 |
| 2024-02-28 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. The plan has ended. |
Common Stock
|
19,667 |
| 2024-02-27 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
20,333 |
| 2024-02-23 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
24,658 |
| 2024-02-22 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
40,000 |
| 2024-02-21 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
15,000 |
| 2024-02-14 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
25,000 |
| 2024-02-13 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
42,000 |
| 2024-02-09 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
55,300 |
| 2024-02-06 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
21,000 |
| 2024-02-02 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
99,000 |
| 2024-02-01 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
4,485 |
| 2024-01-29 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
8,940 |
| 2024-01-26 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
69,000 |
| 2024-01-25 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
38,231 |
| 2024-01-24 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
60,000 |
| 2024-01-22 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
47,000 |
| 2024-01-19 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
109,000 |
| 2024-01-18 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
50,000 |
| 2024-01-17 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day unless volume. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
20,000 |
| 2024-01-16 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
20,000 |
| 2024-01-12 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
25,000 |
| 2024-01-11 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
20,000 |
| 2024-01-02 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
7,000 |
| 2023-12-29 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
13,304 |
| 2023-12-27 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. |
Common Stock
|
15,000 |
| 2023-12-26 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. |
Common Stock
|
9,237 |
| 2023-09-15 | Link Nicolas |
Director, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
The Issuer granted 2,000,000 shares of its Common Stock to the Reporting Person as compensation pursuant to his amended employment agreement with the Issuer dated June 30, 2022. |
Common Stock
|
2,000,000 |
| 2023-09-15 | Backwell John-Paul |
Managing Director |
Award↑
Filing footnotes — Common Stock (Direct)
The Issuer granted 2,000,000 shares of its Common Stock to the Reporting Person pursuant to the terms of his employment agreement with the Issuer as Chief Executive Officer dated June 30, 2022. |
Common Stock
|
2,000,000 |
| 2023-09-15 | Bennett Louise |
Chief Operating Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The Issuer granted 350,000 shares of its Common Stock to the Reporting Person as compensation pursuant to her amended employment agreement with the Issuer as Chief Operations Officer dated June 30, 2022. |
Common Stock
|
350,000 |
| 2023-09-15 | Falk Carsten |
Chief Commercial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The Issuer granted 1,250,000 shares of its Common Stock to the Reporting Person pursuant to the terms of his employment agreement with the Issuer as Chief Commercial Officer dated June 1, 2022. |
Common Stock
|
1,250,000 |
| 2023-05-04 | Falk Carsten |
Chief Commercial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Issued as compensation pursuant to his new employment agreement as Chief Commercial Officer dated June 1, 2022. |
Common Stock
|
2,250,000 |
| 2023-01-05 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
16,345 |
| 2023-01-04 | Falk Carsten |
Chief Commercial Officer |
Other↓
Filing footnotes — Common Stock (Direct)
The reporting persons shares have been sold through a 10b5-1 plan setup on September 26, 2023. Shares are not to be sold below the closing price of the previous trading day and with a maximum of 25,000 per day. Proceeds from sale will be utilized to pay for reporting person's child school tuition. |
Common Stock
|
25,000 |
| 2022-06-02 | Aarbogh Terje |
10% Owner |
Sell↓
|
Common Stock, $0.001 par value
(I)
|
72,895,078 |