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Intelligent Living Application Group Inc. Announces Series B Shares and CEO Agreement

Story Highlights
  • Intelligent Living designated 10 million Series B preferred shares with special voting rights.
  • CEO Bong Lau signed a five-year agreement with 10 million Series B shares and $204,000 salary.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intelligent Living Application Group Inc. Announces Series B Shares and CEO Agreement

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Intelligent Living Application Group Incorporation ( (ILAG) ) has issued an announcement.

On August 5, 2025, Intelligent Living Application Group Inc. designated 10 million Series B preferred shares, each with 50 votes per share and convertible into ordinary shares. This move potentially strengthens voting power and control within the company. Additionally, the company entered into a five-year employment agreement with CEO Bong Lau, granting him 10 million Series B preferred shares and an annual salary of $204,000, reflecting a strategic alignment of leadership and corporate interests.

Spark’s Take on ILAG Stock

According to Spark, TipRanks’ AI Analyst, ILAG is a Neutral.

ILAG faces significant financial challenges, with declining revenue, negative margins, and cash flow issues being the most pressing concerns. The stock’s technicals show mixed short-term strength but long-term weakness. Valuation is further impacted by ongoing losses and absence of dividends, leading to a low overall stock score.

To see Spark’s full report on ILAG stock, click here.

More about Intelligent Living Application Group Incorporation

Intelligent Living Application Group Inc. is a company incorporated in the Cayman Islands, focusing on providing intelligent living solutions. The company’s primary products or services are not explicitly mentioned in the release, but it is involved in corporate governance and executive management.

Average Trading Volume: 734,254

Technical Sentiment Signal: Sell

For an in-depth examination of ILAG stock, go to TipRanks’ Overview page.

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