Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Some peeps are honest in their opinions. Not all are pumpers. We all know that run to .38 was manipulation to sell the million shares. And we are still looking at an option with a lowest buy in at .11 or .157 before their discount. Which obviously they are not interested in buying high as you have stated since they have had plenty of chances to do that. So what is left wait for the drop. Let's just face the facts.
They're profitable so they don't rely on dilution
WTH are they doing?
And while I am talking about them acting like a pink stock. What happened to LDA? last PR they stated DD was done just waiting on QXTEL to close. Next you hear they borrow money elsewhere, They sell an option, And they did a convertible note. I can tell you where the 1 million increase in O/S's came from. MANIPULATION which also caused this run. So expect it to retrace.
On January 19, 2024, we entered into a Share Purchase Agreement (“Purchase Agreement”) with Yukon River
Holdings, Ltd. (“Yukon River”), a corporation formed under the laws of the British Virgin Islands (“Seller”) concerning the contemplated sale by Seller and the purchase by us of 51% of the ordinary shares Seller holds in QXTEL LIMITED, a company incorporated in England and Wales (the “Company”).
The Company is one of the most advanced & diversified telecommunications and technology services provider focused on platform services for wholesale, retail and cloud communications service providers, wholesale carrier voice, wholesale carrier messaging (A2P SMS) and carrier technology services with over 20 years in the telecom industry switching more than 5 billion voice & A2P SMS transactions over 200 interconnections worldwide. Headquartered in London (UK) with regional offices in Florida (USA), Buenos Aires (Argentina), Dubai (UAE), Belgrade (Serbia) and Istanbul (Turkey).
The purchase price (the “Purchase Price”) payable to the Seller for the shares is US $5,000,000. Upon the execution of the Purchase Agreement, we agreed to deposit US $1,500,000 of the Purchase Price into the trust account of a law firm acting as escrow agent (the “Escrow Agent”) as a nonrefundable deposit to evidence our good faith intention to purchase the shares. If the Purchase Agreement does not close before April 30, 2024, the deposit is non-refundable. If the Purchase Agreement closes, the deposit will be credited against the Purchase Price.
At closing, in addition to the US $1,500,000 with the Escrow Agent that will form part of the Purchase Price, we are required to pay US $1,500,000 in cash and US $2,000,000.00 to the Seller, either (A) in the form of a promissory note (the “Promissory Note”), or (B) by the delivery of iQSTEL shares to Seller. Seller may decide the form of payment between the Promissory Note or the share of iQSTEL, and if a Promissory Note is chosen, we have agreed to allow Seller the option to exchange the Promissory Note for shares of iQSTEL.
Like I said the company shows potential but until they stop with the BS this is a flipping stock. Might as well make more money.
What you do not seem to understand is this is a penny stock. Until they are done with the toxic financing it will always be a penny stock. You can throw all kinds of made up numbers out there you want to it makes no difference. I agree the company has potential but until they stop acting like a stinky pinky they will be treated like one.
Revenue and QXTEL we already knew about. Margins are still low along with profit. Heading in the right direction just need to stop giving shares away. Once that is done I feel we will head north but right now expect a retrace on the run to .38.
Well there was no merit for this run to .38 and we still have an option and a convertible note pending.
Just what I thought. Just like the other BS about buying high. If you can not pump it we don't talk. IMO the reason the option was not exercised is because the price did not go lower instead it rose on no news. And just like the company no news on why. No S-1a, no 8K nothing. Here is another thing to ponder the LDA Bond strange how we have not heard about that. Guess when you do a conv. note, option, and borrow money the banks are done talking to you. But like always they never update shareholders.
5/15
What happened here?
ADI Funding has the right and the obligation to exercise, on a “ cash basis”, not less than (i) 2,000,000 of the shares of common stock underlying the option not later than the later of March 31, 2024
That is operating income.
IQSTEL management is now targeting a short-term financial goal in the company’s Operating Income to $0.5 million per Quarter expected before the end of this year
What do you feel the net profit will be?
Has anybody even questioned where the missing million shares is from the option or why the O/S's went up a million?
ADI Funding has the right and the obligation to exercise, on a “ cash basis”, not less than (i) 2,000,000 of the shares of common stock underlying the option not later than the later of March 31, 2024
You have to take into consideration he is the lead pumper for the Ambassadors page They only promote positive, They will ban you for having any opinion that is different from theirs. Even though his posts are informative they do not speak the whole truth.
Made 55k Q4 for a loss of 200k for 2023 not bad.
Looks like we will see an amended S-1. O/S only went up 1 Million. ADI Funding has the right and the obligation to exercise, on a “ cash basis”, not less than (i) 2,000,000 of the shares of common stock underlying the option not later than the later of March 31, 2024
Opinions? Did IDA already exercise their option and not reported to OTC markets?
We have known about that for some time now. It may be an influence for this run just not sure. Usually a run for no reason it manipulation by the big boys. I am thinking ADI has already exercised their option and that is what is causing it. Just remember what goes up must come down. I admit I missed this one but there will be plenty more before they get to their goal.
Besides look at the MM's controlling this ASCM,VERT,PUMA none are retail friendly.
Chart is showing overbought, Which I know charts are not a main factor in pennies. But I find it hard to believe that IDA will exercise their option which they have to do by tomorrow(Unless an amended S-1 comes out) And the price goes down, The big boys usually do not lose like retail does. So not sure what is going to happen the next few days. Hopefully for them they have exercised in the last few days and that is what is causing this run. Unfortunately for retail if that is the case the price starts to retrace. Up in the air till we see a filing.
I am really surprised!!!!! Twice before with their financing deals (Public offering, Apollo) They drove the price all the way to the bottom buy in price. This time it takes off. Just shaking my head and wondering what made this one special. Oh well sold at .28 guess I sit this run out. GLTA that are still holding.
Gapping this morning.
IQST prediction is 145 mil QXTEL is 80 mil for the year and since we have already passed 1/4 of the year and they have not executed the acquisition yet that leaves 60 mil for QXTEL so 145+60=205 mil The 300 mil is just hopes and dreams. Let's stick to the facts.
And they wonder why they can not make a profit.
Good luck.
Simple, the stock is in a downtrend, meaning the risk is higher that it will continue downward hence they risk losing money. If they wait odds are in their favor it will bounce off their low ensuring the risk is minimal. Buy low sell high stock trading 101.
Slow take down between now and the 18th. If not they they will have to take it lower than the .157 before the 31st so the average is at their buy in price of .157-30%= .11
The fat lady hasn't sung yet. I could be wrong but I believe the odds are in my favor.
Low .15 to high .14 history will repeat itself. They have done this twice public offering/Apollo.
Two things to mention. 1) the run to 2 bucks was a manipulated run after the public offering it had nothing to do with anybody's believe in the company. 2) Nobody from what I read is saying the Hopefully only 6% dilution is going to kill the stock, the fact is it will touch ADI's buy in price as it has done twice in the past( Public offering/Apollo)then hopefully rebound from there depending on The K.
I feel it is a good thing. I also feel it will hurt the PPS in the short term as it has in the past. I mean we are only here to make money, might as well make it both ways.
Here is another question for you. I see you blocked me over on stocktwats. Being a wise investor do you think that is a smart move? I mean the purpose of message boards are to hear everybody's opinion. I enjoy reading your posts I agree you have some interesting thoughts. But if your narrow minded and feel your opinion is the only one right do you get the full benefit of a message board? I mean if that is how you feel why be here just stay on the Ambassadors page where they do not allow opinions. Once again I feel this company has potential but this is the third time they have done this type of financing and if you look at the other two we all know how they turned out. IMO this one will turn out the same. Once again good luck no hard feelings.
I would have to disagree. The risk is much lower on a down trending stock at a lower price. And the rewards are much higher if you buy low and sell high. Say they buy at .11 right before the anticipated volume of the K and sell at .22 instead of the .15 for 30% now they have made 100%. But if they buy now and it drops to .15 they have to wait till it gets to the current price just to make their 30%. And even you have to admit there is manipulation between the big boys and the MM's in penny land. I know they are not in the business of long term investing. They want a quick flip with no risk. But hey we all have different strategies I wish you the best in yours.
Let me just ask you one question. If you were to tie up over a million dollars of your own money would you do it on a safe bet at .15 or would you just buy at a high price because you have a feeling? I can guarantee the big boys do not take risks.
The company has potential. I have always said that. Once these bad financing deals are done the price and volume return heading in the right direction. Now I don't usually listen to the ones that pump this on dreams I also don't listen to the basher's that have no facts. But I do know they have written a ticket to take the price back down to the 15's maybe high 14's. They have done it twice before and this is no different. I understand they need cash, I understand for the company it might be a good trade off in the long picture, The only issue I have is they are stabbing their shareholders in the back while they are doing it. My recommendation is get out, reinvest once the price drops to IDA's buy in price then get back in with 25-35% more shares. Might as well make money on the way down also. We are all here to make money no one actually gives a crap about the company. So let's make money. Just my opinion and my advice take it for what it is worth. Here is a little heads up on the next one. Once they take it down shortly thereafter the K comes out so the price will jump in anticipation but remember they can exercise another part of the option on 4/30 depending on the K it may very well drop again be prepared.
I think your on the wrong board. All those facts are correct.
Here is a couple more facts for you.
Public offering
20% off the wvap lowest price to buy in .08 brought the price down to .10 equals .10-20% = .08
Apollo
32% off the wvap lowest price to buy in .136 brought the price down to .20 Equals .20-32% = .136
IDA
30% off the wvap lowest price to buy in .11 Where do you think the price is going? My guess would be .157-30% = .11
Big boys do not lose. 0 risk.
Are you a lawyer? You seems to have a bad habit of twisting things to your favor. Let's just stick to the facts not what may happen if this and that happens. Just the facts.
145 million prediction stated by the company
80 million QXTEL
Equals 225 million
How many time does the company have to fall short on their promises for you to not take things for granted?
Besides the whole problem right now is that S-1. The company actually is headed in the right direction. But since they have done another Apollo deal and we know what happened with that one they have insured the price will drop to .15 if not lower.
Sounds impressive but for starters their prediction for 2024 is 225 million(145+80 from QXTEL) not 300+ million, 300+ is still just part of your pipe dream. They are not profitable yet and before you say it I know they were Q3 on 40 million revenue they made 40K but still red Q1 and Q2. I will give them credit they are headed in the right direction but since they just issued a free pass to take the stock down to .15 with the S-1 they shot themselves and every shareholder in the foot.
Anybody that has traded for any amount of time would dump this right now. Actually should of dumped as soon as that S-1 came out let it get to the .15 mark let them exercise their 2 million shares then buy back in and wait for the K. Then decide from there what to do.
You got it. It is his pipe dreams. They are not going to buy 1/1000 of a penny higher than the low. Why would they this stock has been in a downtrend for 2 years. It would be foolish of them to do so. Big boys motto high return no risk.