ADVFN Logo
Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
iQSTEL Inc (QX)

iQSTEL Inc (QX) (IQST)

0.18
0.016
(9.76%)
Closed September 20 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

IQST News

Official News Only

IQST Discussion

View Posts
oldman69 oldman69 6 hours ago
To clarify their official response to a RS is:

"Hi Dan, two things to be aware of: one, the company has no plans at this time for a reverse split. Secondly, if anything like that were to occur, it would only be in concert with investment bankers who would be infusing capital, possibly assets or through other means is part of a careful up listing plan. Further, we would seek shareholder approval to make sure everybody was in support. There would be no surprises"

Good enough for me!!!
💯 1
theSauceman theSauceman 7 hours ago
Sauerkraut, show me. Unless you can I'm sticking with the belief that the PREFER not to. I am bullish on $IQST and have hoped to see "no RS" mentioned by the company. Never have I seen an absolute NO. IMO they have left the door open just a crack in case push comes to shove and they have no other option in meeting their goal. If they are serious about NASDAQ and the timeline they have set runs out, then they could be faced with a decision. Thus the door is open a crack to prevent them from being cornered in to admitting they ever said "absolutely not." Do your homework and I believe you will never find that they ever said flat out NO, ABSOLUTELY NOT. Don't get me wrong, I appreciate and admire their persistence and drive to get to NASDAQ organically. And I certainly hope they (we) do. I think the company is strong enough, but if the clock winds down I will respect their decision and know they never lied about it. They will not surprise me and though I may think that a chosen option is not the best, I expect that $IQST will fill its spot in the sector.
👍️0
Sauerkraut Sauerkraut 8 hours ago
They said " no RS" in PR's
👍️0
theSauceman theSauceman 10 hours ago
The interview was a little flat. But then that could be personalities and presentation. It seemed to be largely reiteration... but at least they did reiterate. I think their goals for $IQST are adequate and acheivable. I like that they are not shooting too high, but keeping goals within reach. One quality of the interview was their indication to keep the timeline moving, even with intention to realize some finalizations sooner than later. So, these two lack some people skills, but I suspect their intent for the growth of the company, and for the share value, is sincere. I look forward to wading thru the mire of negative feedback with them to see, and benefit by, the success of the company.

STRICTLY MY OPINION FOR MY OWN ENTERTAINMENT. NOT MEANT AS ADVICE OR SUGGESTION BY ANY MEASURE. BEST TO ALL.
👍️0
videoRoB1 videoRoB1 10 hours ago
I’d say not much. And there’s a bid for 320 thousand shares above yesterday’s closing price. I’m gonna guess it won’t drop at all.
👍️0
snow snow 11 hours ago
BM My hunch tells me that a projection three years into the future in this case is not much more than a sheer guess. If you go three years into the past and try to present a similar projection for this year what would it have been? I suspect that it would have been much better than the reality today. But if you believe in your own projection I understand that you are very optimistic. Based on a number of posts about the past few years that I have read I assume that it is realistic to expect that the future will be way less successful than you expect it to be. But there is of course a certain chance that things may change drastrically for the better. I have seen the pps drop by about 50% since my first purchase of shares in this stock despite the fast growth in revenues. This shows that the stock market dues not by your very bullish expectations.
👍️0
GigantorX GigantorX 13 hours ago
How much is this piece of shit gonna drop today?

Company PR's and spin are about as effective as mask mandates and school closures.
👍️0
Monroe1 Monroe1 1 day ago
These bidders too have their own agenda which has nothing to do with any interviews until a sufficient number of traders react then they simply adjust their "commissions" up or down. The bidders agree with nobody. It is only coincidental should a trader agree with their pricings. Big news moves the market. The rest of the times it is played by the bidders.
👍️0
Boiler_Master Boiler_Master 1 day ago
I don't invest for 1 year out Snow. 3 years out, 2027... I would expect they hit their 1B revenue goal. 25 to 50M net (2.5 to 5%) but focus would still mainly be on growth to achieve the 1B revenue so net will probably be closer to the 25M. At that point I'd say average P/E is 25-30 but they should trade well above that bc YOY performance will be well above average (8-10% annual improvements). Maybe 60x earnings would be fair. But going conservative, 25M net and only a 25 P/E that'd be a 625M market cap which is a 1,916% improvement from today's valuation. On the higher end, which will be alot more realistic if they have streams of revenue from multiple industries by then... 50M x 60 P/E = 3 billion market cap. So low end bearish case would be around $3 a share with high end being well over $10.

You'll say I'm crazy, just pumping. But is a net income of 2.5% and 25 P/E pumper talk? No, it's an extremely bearish prediction.

What would you project the 2027 numbers and valuations to be on the high and low end?
👍️ 4 💯 2
snow snow 1 day ago
I sggest that those who disagree with me regarding the recent interview with management listen to what they stated. I regard their performance as weak. It looks as if the biddders agree with me:

"GTSM 0.1627 10,741 11:12
CSTI 0.162 10,000 10:36
CFGN 0.162 5,000 09/17
CDEL 0.161 5,478 11:13
INTL 0.161 5,000 11:13"
👍️0
snow snow 1 day ago
BM Your assumption is false. It was based on net earnings of 3 million dollars. That is way above current profitability if the company is currently profitable at all. What sort of net earnings do you expect for 2025?
👍️0
sricket sricket 2 days ago
Great snow job.
👍️ 2
Boiler_Master Boiler_Master 2 days ago
Still trying to convince people a P/E ratio of 20 is realistic for a company crossing into profitability and growing over 100%? You're pathetic.
👍️ 6 💯 3
snow snow 2 days ago
I listened to part of the interview. I was not impressed by the performance of management. What is positive is that the company will try to expand the sms business that has better profit margins than the voice business. If I did not misunderstand the hope is to improve the bottom line by two million dollars this way. I did not hear the time frame. Assuming net earnings of 3 million dollars,185 million shares and a p/e ratio of 20, the stock price wo uld have been about 35 cents. That is very far indeed from 2 dollars, which is the minimum requirement for a NASDAQ listing.
👍️0
Leandroi2002 Leandroi2002 2 days ago
News out

$IQST - IQSTEL, Interview with the management in Madrid, Sept 2024 #otc #otcmarkets #otcqb #otcqx #nasdaq #telecom #fintech #ev #ai #metaverse #bright #future #record #revenue #billion #million

👍️ 4 💯 3
mdb1 mdb1 2 days ago
$.16s hit today -- disappointing!!!!
👍️0
mdb1 mdb1 3 days ago
Back to the $.17s .. Oh well.
👍️0
vdt vdt 5 days ago
Prepare for a bounce this week
Best wishes everyone
Time for the train to ve the station
👍️ 2 💯 2
mdb1 mdb1 1 week ago
Can a bounce up to $.25s happen on the news? I wonder.
👍️ 2 💯 1
potofgold potofgold 1 week ago
Saw the news and bought a small ticket this morning.

Just waiting for it to get to a bigger board and take off.
👍️ 3 💯 1
theSauceman theSauceman 1 week ago
SHOULD I don my spacesuit and dust off my helmet?
👍️0
theSauceman theSauceman 1 week ago
WILL it be... the final squeeze?
👍️0
theSauceman theSauceman 1 week ago
I've got to wonder... IS the squeeze approaching?
👍️0
theSauceman theSauceman 1 week ago
That's why I'm willing to look at whether I believe what they're saying or the bashers that call them liars, and the stats. And I'm willing to sort the stats to the ones that either show or don't show growth. And when the grow becomes continuous and is multiple, approaching exponential, then I'm willing to understand the costs taken out before net profit. Like I said, for me, it boils down to what I believe about who's truthful and who's mistaken (or lying). Afterall there is more motivation to lie against the company than from within (at least as much).

STRICTLY MY OPINION FOR ME ONLY. CHOOSE YOUR OWN PATHS AND I HOPE YOU ALL PROSPER.
👍️ 1
theSauceman theSauceman 1 week ago
Unlike everyone else on this board, I never said I had a problem with a properly implemented RS. Yet it still remains to be seen whether they will need that tool or not. Btw, I don't see that they ever said it wasn't on the table. Look back to see that they always PREFERRED organic. Necessities are always chosen over preferences. biz101
👍️0
cootcat cootcat 1 week ago
But you are laying no your back
👍️0
Sauerkraut Sauerkraut 1 week ago
PPS direction is on my side.....lol
👍️0
Sauerkraut Sauerkraut 1 week ago
Seriously. Membermark for everyone who can post any serious link concerning any of their "great" achievements. In the means of official reachable links not from IQST related websites. Which can be used by retail and are working already.....

- Smart Gas/Tank - I´m working for companie´s like DOW and BASF. Nobody there knows anything about those things or testing of it
- EV sales (motorbikes and cars)
- www.globalmoneyone.com -nothing to be found on social media to make me believe anybody can or will use it....
- Metaverse - Who cares anymore?
- AI - there are other players which have just a lot more power and money

I don´t rember any more of their 97+ promises, so just concentrate on that above. Feel free to add more.

Please, just one Link to any functional thing that has come to fruition over the last years.

I´m here since inception......made public by MSPC. Just another fraud.

Convince me somehow. Not with numbers and plans. Each good scam has those........Achievements?????? not to be found

It´s a telecom fraud companny runing of retails money.

GLTA Longs. I´m flipping arround till oblivion.......
👍️ 1
Sauerkraut Sauerkraut 1 week ago
Now replying from my phone......
👍️0
snow snow 1 week ago
BM It is impossible to know for sure which companies develop like T-mobile and which remain failures. Nobody can know for certain that this company will not be a great success in the future. Based on what has happened in the chance I think it is unlikely that this company will be a great success in the future, but I may be very wrong. Time will show and we may get an indication within a year.
👍️0
Sauerkraut Sauerkraut 1 week ago
And they can shuffle around their balance sheet for now with so many acquisition. Nobody knows. Expect insiders. Even "bigger" CO's at NASDAQ turning out to be scams all the time...... everyday
👍️0
Sauerkraut Sauerkraut 1 week ago
Ok girls. Calm down. It's not about figures. It's all about scam or not.....
👍️0
Sauerkraut Sauerkraut 1 week ago
Far, far away from moon. Sorry. You will get RS'd. Some while back they said organic growth rather than RS......not no RS. Now they left out the organic thing in shareholders letter........have fun.

I'm buying back in from .14 downwards.....
👍️0
Boiler_Master Boiler_Master 1 week ago
Snow referenced T-mobile as a telecom comparable having a P/E ratio of 23. Meaning the market cap is 23x annual earnings. But T-mobile is a large established company with average annual performance now. Back when they were a high growth company crossing over into profitability they traded at 770x earnings.

T-mobile first became profitable in 2013 showing a net income of 35 million. Their market cap in 2013 was 26.97 billion. That was a P/E ratio of 770. Google it. If T-mobile is any comparison to how we should value IQST, as Snow initially said we should based on T-monile's P/E ratio, even 1M earnings at the same 770 P/E ratio would put the SP above $4.

Valuing a high growth company based on current earnings alone is ignorant. If you want a one ratio valuation, you are better off using P/S than P/E. T-mobile's first profitable year, they were at 1.1x sales. For IQST a 1.1 P/S ratio based on 290M revenue and 185M shares would be $1.57 which IMO would not be unreasonable at all for a company operating around break even while showing over 100% YOY growth.

There are countless companies currently on the Nasdaq operating at a loss with valuations in the hundreds of millions, and even billions. That's because you invest in a company for their future 1, 3, and 5+ years out. Not what they did last year. Previous years are good to track and trend out future performance, but that's about all.
👍️ 5 💯 2
Sauerkraut Sauerkraut 1 week ago
They want to raise $10M. That matches my buy target from .08-.12.

They can make one last offering....100M shares at .10 or something around that range. AS reached, then RS.

Just imo......
👍️0
Sauerkraut Sauerkraut 1 week ago
Lol
👍️0
Sauerkraut Sauerkraut 1 week ago
Nothing left from organic pps increase????
👍️0
snow snow 1 week ago
BM "You, well you're intentionally misleading people." You don't know my intentions. You pretend that you do. I feel contempt for this sort of people. In fact I express my opinions. Based on what I have read here my impression is that this company has a history of deception. One thing that suggests that this is so is that despite the great growth in revenues the pps is now a fraction of what it was years ago. This indicates incompetence rather than the opposite.
👍️0
Boiler_Master Boiler_Master 1 week ago
Correction, T-mobile is on fortune's 100 best companies to work for list. Idk where they are as largest companies list but their market cap is over 200 billion. Point remains the same, if you wanna compare IQST to T-mobile, compare them to when T-mobile was the size of IQST. They operated at a loss for years while focused on growth.
👍️ 4 💯 4
Boiler_Master Boiler_Master 1 week ago
That's interesting. I have never thought highly of you. I can tell you're obviously smart and understand what you're talking about, but you leverage that into misleading people.

I actually realized I would never respect you the day you said T-mobile was a great comparison to value IQST and used T-mobile's current P/E ratios as a Fortune 100 company to tell people IQST is basically worthless. Then when I provided their historical valuations, back when T-mobile was the size of IQST and losing money, their valuation then applied to IQST now showed IQST as being massively undervalued. You immediately flipped and went from saying T-mobile was the perfect comparison, to saying T-mobile is a ridiculous comparison bc the data didn't support your agenda.

I make honest mistakes, I'm human. But I have good intentions. You, well you're intentionally misleading people. You try and sound smart so they'll believe your bullshit and think your opinions hold more weight.
👍️ 6 💯 4
theSauceman theSauceman 1 week ago
I only wonder how close are we? 3..2..1 🚀 I see $IQST in a quick breakout when it comes, leaving those waiting for proof in a FOMO position having to make a quick decision at a higher pps. Oh yeah, and asking how banks showing confidence in an operation will help is like asking how does money and strength help anything. $IQST$$, with or without you I see leaving the planet soon. 🦆🦆🦆🦆🦆

STRICTLY AS I SEE IT IN MY OWN FRAIL MIND AND AS ALWAYS ONLY FOR MY OWN ENTERTAINMENT. I SUGGEST NO DECISIONS AND IMPLY NO ACTIONS. LOOK AT WHAT YOU SEE AND DECIDE FOR YOURSELF. HOPE TO SEE YOU AT THE BANK.
👍️ 3 💯 1
cootcat cootcat 1 week ago
when you are from out of town. You do not go home for lunch. Sad that all you could post.
👍️ 2 💯 1
snow snow 1 week ago
The effects on the bid side of the letter from management to the shareholders:
ETRF 0.171 5,000 11:38
INTL 0.1688 28,200 11:38
MAXM 0.1649 5,000 10:12
NITE 0.1629 6,100 11:16
GTSM 0.1615 5,000 11:34
👍️0
rwa3848 rwa3848 1 week ago
Many investment banks will provide liquidity for value weighted preferred shares. How much controlling interest can they part with and dispositively exercise board of directors' lock-up and reign over change of control provisions?
👍️ 1
snow snow 1 week ago
woof I find the letter to shareholders impressive. If I had had no knowledge about the past failures I might have been convinced. What is not presented is a convincing way to convince the stock market that the pps ought to be more than 10 times what it actually is quite soon at the same time that there are barely any profits.
👍️0
lishious lishious 1 week ago
In other news, IQST team visited multiple restaurants to consider what they should have for lunch.
👍️0
wooferwax wooferwax 1 week ago
So I am stupid. How are banks going to prop up the share price so we can get on the NASDQ?
👍️0
Leandroi2002 Leandroi2002 1 week ago
News out

$IQST - iQSTEL Meets Top Investment Banks in New York in Conjunction with Nasdaq Uplisting Objective #otc #otcmarkets #nasdaq #telecom #fintech #ev #ai #uplisting #banks #ibanks #revenue #billion

https://finance.yahoo.com/news/iqst-iqstel-meets-top-investment-124400006.html
👍️ 4 💖 4
Belg Belg 1 week ago
NEW YORK, Sept. 12th, 2024 -- iQSTEL Inc. (OTC-QX: IQST) (http://www.iQSTEL.com), a US-based, multinational, fully reporting, and audited publicly listed telecommunications and technology company, preparing for a Nasdaq uplisting, today released details regarding the company’s leadership team visit to New York last week. The company engaged in productive discussions with five investment banks specializing in supporting small-cap companies with market capitalizations below $500 million. Each of these banks expressed a strong interest in partnering with us, recognizing the significant potential in iQSTEL's growth trajectory and our journey towards uplisting to Nasdaq.

During these meetings, management shared the company’s strategic vision, plans for future growth, and recent substantial developments. We also discussed strategies to enhance and expand shareholder value, focusing on consolidating divisions, rebranding, and leveraging the Nasdaq uplisting to position iQSTEL on a much more substantial exchange, adding credibility and recognition our company now deserves.

To provide our valued shareholders a clearer picture of our path forward, we’ve summarized the core message of our presentation in the following letter:


Dear Valued Shareholders,
As we reflect on our remarkable journey and look ahead to an exciting future, I invite you to join us as we continue building on the success of iQSTEL. Our company, rooted in decades of experience in the telecommunications industry, has achieved exponential growth since its inception. With your continued support, we are poised to reach new heights.

Our Story: From Inception to Innovation
iQSTEL’s journey began with deep roots in the global telecommunications sector. My CFO, Alvaro Quintana, and I spent years managing international business at major telecom subsidiaries, Alvaro at Telecom Italia’s DIGITEL, and myself at Verizon’s Cantv. Together, we bring over 50 years of combined experience in international voice, SMS, fiber-optic, and satellite connectivity. Throughout our careers, we built strong business and personal relationships with the largest players in the telecom arena, further cementing the foundation for iQSTEL’s success. This wealth of knowledge and personal relations became the foundation for what would later become iQSTEL.

In 2008, we co-founded Etelix with a focus on international voice services, leveraging our expertise and network to establish a strong foothold in the industry. By 2018, we transitioned into a publicly traded company, recognizing that this path would provide us access to capital markets, fueling the exponential growth we had envisioned. Today, iQSTEL stands as a leader in international telecommunications, constantly evolving and expanding into new, innovative areas.

Enhancing Shareholder Value
During our recent meetings with five investment banks in New York, we discussed our strategic initiatives for increasing shareholder value, including the consolidation of divisions, a comprehensive rebranding strategy, and the anticipated Nasdaq uplisting. The move to Nasdaq will place iQSTEL on a substantial exchange that brings added credibility, enhanced exposure, and broader access to investors, further driving shareholder value as we continue to scale our operations.

Explosive Growth and Strong Momentum
In 2018, iQSTEL generated $13.8 million in revenue. By 2023, we had reached $144.5 million, a tenfold increase in just five years. Our forecast for 2024 is set at $290 million, with $134 million already reported in the first half of the year. Historically, the second half of the year shows stronger results, reinforcing our confidence in achieving our forecast.

This rapid growth is a direct result of a strategic blend of acquisitions, ventures, and organic development. Since 2018, we have completed 11 acquisitions and ventures, primarily in telecommunications, carefully selecting companies that complement our existing portfolio and bringing in top industry executives to drive further expansion. In 2023, we reported $144.5 million in revenue, with $50 million—one-third of the total—coming from organic growth. For 2024, we expect to achieve $290 million in revenue, with $90 million in organic growth, again accounting for one-third of the total forecast.

Our Executive Strength: A Deep Bench of Global Expertise
At iQSTEL, our success lies in our ability to integrate acquisitions and the top executive team as partners into our broader strategy, allowing synergies to propel organic growth. Today, we have 100 employees spread across 20 countries, operating in 17 time zones, and our business serves major telecom players like Verizon, T-Mobile, Telefonica, Telecom Italia, British Telecom, Deutsche Telecom, Vodafone, Millicom, Orange, Etisalat, China Telecom, among others.

Our executive team not only brings over 250 years of combined experience in telecommunications and international business, but also boasts deep connections with major companies worldwide. This structure allows us to take on significant new business without adding additional management, ensuring scalable and efficient growth as we continue to expand globally.

Our presence is global, with offices in Miami, Venezuela, Argentina, UK, Switzerland, Turkey, and Dubai. We maintain more than 400 high value network interconnections around the world, delivering international voice, SMS, and connectivity services that form the core of our business.

Strategic Focus on High-Margin SMS Services
Our current telecom voice services generate an 8% gross profit, while part of our SMS portfolio offers over 20% in gross margin. Over the past two years, we have rapidly developed this high-margin SMS portfolio, making it a key focus of our growth strategy. By increasing sales in this segment by just 10%, we can achieve the equivalent of a 25% increase in our voice services. A key justification for acquiring QXTEL was the SMS portfolio it brings, which aligns perfectly with our strategy to prioritize higher-margin products. This shift positions us to steadily grow our operating income while maintaining our current business trajectory.

Selective and Strategic Acquisitions and Ventures
In acquiring our 11 subsidiaries and ventures, we carefully selected targets that added, focusing on adding top executives in the international telecom arena while gaining high-value in terms of products, strategic customer relationships, and expanding our international footprint. This approach has allowed us to establish a strong business position and maintain a high quality of service across the U.S., Latin America, Europe, Africa, and the Middle East.

Preparing for Nasdaq: A Strategic Approach
We have been diligently preparing for our uplisting to Nasdaq for two years, a pivotal moment for iQSTEL. We have already met almost all the requirements, including the establishment of an Independent Board of Directors, Audit Committee, Compensation Committee, Ethics Code Committee, and fulfilling the shareholders’ equity requirement, among others. The only remaining requirement is achieving the minimum price per share, a matter we have communicated in detail to our 22,000 shareholders.

In conjunction with the Nasdaq uplisting, we are implementing several strategic initiatives, including:
A complete branding strategy led by a professional marketing agency.
Consolidating the ownership of our subsidiaries to create a streamlined business structure.
Implementing a unified technological platform to enable synergies, cross-selling, and up-selling across our product and service lines.

These measures are designed to accelerate our growth and profitability. By reducing costs through platform consolidation and refining our business operations, we anticipate adding $2 million to our operating income. Simultaneously, our growing revenue base enables us to expand without significant new cost contributions, leading to an even more rapid increase in our bottom line.

A Bright Future: High-Margin Products and Strategic Growth
We believe iQSTEL has a brilliant future, and we are laying the groundwork for sustained success. Over the past few years, we have built a strong business platform, positioning ourselves to offer additional high-margin products and services to our existing telecom customers. This is the cornerstone of our long-term strategy to develop high-tech, high-margin products in emerging sectors.

Our efforts are already underway in key areas like Fintech, Electric Vehicles (EV), and AI-driven services. These products will not only diversify our revenue streams but also leverage our existing relationships with major telecom clients, creating significant cross-selling opportunities.

Path to $1 Billion in Revenue
Our ambitious business plan projects iQSTEL achieving $500 million in organic revenue by 2027, with $20 million in operating income. Beyond that, we are actively exploring a strategic acquisition that could double our business size, positioning us to reach $1 billion in revenue by 2027, with $40 million in operating income. This strategic acquisition, and being a $1 billion revenue corporation, will serve as catalysts for growth while also preparing the company for investments in fiber-optic networks, cell towers, data centers, and satellite systems. Our current plan to continue building and expanding iQSTEL spans the next 20-30 years.

Funding and the Road Ahead
In order to support our vision and strengthen our balance sheet, we are seeking to raise up to $10 million within the 6 months. These funds will be used in part to restructure existing debt and reinforce our balance sheet as we prepare for our Nasdaq uplisting. iQSTEL management firmly believes the company is currently undervalued. Our revenue per share was $0.83 in December 2023, and we expect to reach $1.50 by the end of 2024. With a current trading price of $0.17 per share, we believe there is a significant opportunity.

We are actively selecting an investment bank to guide us through the final stage of our Nasdaq uplisting and drive our continued growth, positioning us to seize every opportunity and maximize our potential in the short, mid, and long term.

A Call to iQSTEL’s Future
iQSTEL is at an inflection point, and the next few years will define our success for decades to come. We are building a company that will not only thrive today but will also stand the test of time, with a vision to lead in the telecommunications, fintech, EV, and AI spaces.

We genuinely believe that now is the time to be part of this journey in iQSTEL, as we continue to deliver on our promises and create lasting value for our shareholders. Thank you for your trust and support.

Sincerely,

Leandro Jose Iglesias
CEO, and Chairman, iQSTEL Inc.


About IQSTEL (updated):

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly listed company preparing for a Nasdaq up-listing with an FY2023 $144 million revenue, and with a $290 Million Dollar Revenue forecast and a Positive Operating Income of 7 digits forecast for FY-2024. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in today's modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today's pursuit of basic human needs: Telecommunications, Fintech, Electric Vehicles and Metaverse.

· The Enhanced Telecommunications Services Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.

· The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.

· The Electric Vehicles (EV) Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Car.

· The Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) includes an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.

The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions. iQSTEL has completed 12 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

iQSTEL Inc.
IR US Phone: 646-740-0907
IR Email: investors@iqstel.com

Contact Details
iQSTEL Inc.
+1 646-740-0907
investors@iqstel.com

Company Website
www.iqstel.com
👍️ 2 💖 1
mdb1 mdb1 1 week ago
Volume has been in selling. Trendline says lower stock prices are coming.
👍️0

Your Recent History

Delayed Upgrade Clock