Boiler_Master
8 hours ago
Fact? You said those shares are "about to be issued". That's not true at all. The note isn't due until Q1. They're trying to land better financing terms and repay that note. If they don't, they can simply refinance the loan. Or they could take a new note with another investment firm to repay the existing loan. IQST has never had an issue raising cash in the past, they're just trying to get better terms, not convertible notes. So they're extremely likely, almost guaranteed, to repay this note one way or another. To think they'll just neglect it and default in Q1 when they obviously have better options seems ignorant. And you claiming it's about to happen and claiming that's a fact is ridiculous. The company even referred to it as a bridge loan until they secure longer term financing with better terms. They have like 4 months or more until it's due. Stop trying to scare people to push the SP lower for your own personal gain.
cootcat
4 days ago
BIG RDC, I think, I read a few postings from maybe a few idiots. Read a couple from maybe smart people. But genius people, my opinion is none. I believe iQSTEL could be a good bet. Anyone, who don't think revenue, does mean everything. Run your household without a paycheck. If you don't know it. Your paycheck is your family revenue. For business, revenue means ability for loans, no loans, no growth. You will always have bashers, let's hope they're all not idiots.
Boiler_Master
6 days ago
I've been talking about the company for alot longer than 6 months. And why do people always associate me with downtrends? Nobody mentioned me when it went from .08 to .39 lol.
The stock is down bc it rejected off of resistance at .40 the same reason it's up since it bounced off support at .08
Those weren't magical valuation points where people actually thought .08 was undervalued and .40 was overvalued. Had nothing to do with valuations or company performance, just chart patterns. Look at the perfect downtrend channel the last 6 months from .40 to .16 and ask yourself if the company's performance has been declining every week in a perfect downtrend to justify the stock moving that way? Obviously not. Company performance is up, Q2 filed in May showed 139% YOY growth. The stock is just trading based on charts.
It looks like the stock has found a local bottom at .16 If it starts an uptrend next month and you ask me why it's up, my answer will be the same, just the chart. It's a pennystock, the majority of volume is daytraders and a shitload of transactions nowadays are automated trades based on algorithms and charts.
But that doesn't last forever. Over time a garbage company that's failing will eventually see it's stock price decline and a great company that's improving will see it's stock rise. Over the last 3 years IQST has gone from 64M revenue to 290M revenue. The company has grown 350% and the stock has remained flat. It's due for a correction, but it was due for a correction last year too. So when will it happen? I don't know. But as long as the company continues performing well, it eventually will. And when it happens, I expect it to move fast.
Do your own DD bc I'm not a financial advisor.
vdt
7 days ago
Repost: IQST has no plans at this time for a reverse split.
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oldman69
Re: theSauceman post# 53246
Friday, September 20, 2024 3:57:37 PM
Post# of 53257
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!!!
Bullish
Boiler_Master
1 week ago
It's not. There's a convertible note due next year (not December). The money they borrowed for the QXTEL acquisition is on a 1 year convertible note. For others, that basically means the loan is backed by shares as collateral. The company has explained this and even referred to the note as a bridge loan. They intend to secure better, longer term financing and will pay off the convertible note before it's 12 month due date in Q1. That's part of why they are meeting with banks right now. They want to borrow 10M with better financing terms. About 5M would pay off existing debts, and the other 5M would go towards working capital, future acquisitions etc. However, even if they don't secure the 10M loan, they could simply refinance the convertible note for another year. They've never had a problem getting funding, they just want better funding terms than they have previously been offered, lower interest rates etc. So to think they will just completely neglect it and default on the loan in Q1 resulting in a share conversion is kind of ridiculous. But it is technically possible, and an S-1 had to be filed making shares avaliable while the convertible note is in place. That individual you responded to, he has been posting on multiple message boards regularly, for months, referencing the S-1 and trying to convince people the conversion is 100% guaranteed to happen by end of year and that there will be 50 million shares diluted. The convertible note isn't even 50M, i think it's 36M. The guy knows it's false information, he doesn't care. He's just bashing to spread fear and manipulate the share price lower.
snow
1 week ago
What makes t his post unconvincing:
"2. Nasdaq Uplisting: Management has made it clear that their goal for 2024 includes uplisting to the Nasdaq. This milestone, once achieved, is expected to significantly elevate the companyโs visibility, potentially driving new investors into the stock.
3. Expanding Business Divisions: Beyond telecommunications, iQSTEL is making strides in emerging technologies like IoT, electric vehicles (EV), and even the Metaverse. These new revenue streams provide additional growth avenues that arenโt yet fully appreciated by the market."
The goal is for uplisting this year. There are just over 3 months to go. The pps will have to jump more than 1,000% for this to happen or there will have to be a reverse split. There is no assessment of the chance of this happening. Are there any significant new revenue streams?
oldman69
2 weeks 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!!!
theSauceman
2 weeks 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.
theSauceman
2 weeks 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.