Make it, but not at another's expense
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Crawfors, completely agree! If you are up for it, crypto is going to rebound...a few for you while we wait for IQST to realize its potential:
ZIL $0.103
ADA $1.50
XRP $.878
my guestimation is that ZIL will double in the next week or two, ADA will hit back above $2 and XRP will gain back to around $1.25 - both ADA and XRP should hit those in the same time frame.
Crypto is a good play right now.
Anyway, just playing off Crawfors suggestion of other things to do with your money.
Best to all Longs on this baby!
I noticed they are starting the day off with a walkdown of almost $0.03 for a sale of 362 shares.
Hoping for uplisting news this week...best to all Longs!
Train, IQST updated on FB for the QB uplisting. They were asked about inquiring into the process and timing. Their response (from FB):
"We are in rounds of Q & A with OTC Markets . We understand from securities lawyers all their questions are very typical and so far everything is moving forward as anticipated."
Best to all longs!
Amzgh, MM's moving the price down $0.05 on 3800 shares (~10%) is nothing short of pure manipulation.
They make the market, so if they want to move a price down, they can work in sync with others to put in low bids, and then walk the price down to those bids...conversely they can do the same upwards.
Hoping for a good friday to close out the week - thinking this will stay flat to a slight drop (if yesterday's volume is any indicator).
Best to all Longs!
I remember my first beer too...
QB uplisting is imminent...from there, our credibility is gained, and then we put the shorters on notice.
Best to all Longs!
Akw, the QB will happen any day now. there are NO reasons why they would be denied uplisting.
The reason they are talking Nasdaq is because that is the goal of this company.
think of it this way, if you drive across the U.S., Coast to Coast, your goal is to get from Point A to Point B, but you realize that you have interim goals going from State to State...and as you travel, you are likely to update people who are not on the trip with you.
Nasdaq will happen...my thought is October-ish / November timeframe...we have to hit and hold $2 for the minimum PPS uplisting...there are other means to get on Nasdaq, but the $2 has been the goal since the other goals require the PPS being upwards of $4
Best to you! Be your brothers' keeper!
Tweet out
$IQST – IQSTEL Stockholder Equity Can Grow From Current Est $1.5 Million On Track To $5.5 Million Without Us Spending Any Cash – NASDAQ Requirement Is $4 Million - #IQSTUPLIST #5G
@Etelix @visamoneyone
$IQST – IQSTEL Stockholder Equity Can Grow From Current Est $1.5 Million On Track To $5.5 Million Without Us Spending Any Cash – NASDAQ Requirement Is $4 Million - #IQSTUPLIST #5G @Etelix @visamoneyone
— iQSTEL Inc. (OTCQX: IQST) (@IQstel) May 20, 2021
EOD charts looking promising. Hoping this carries over into tomorrow. We have moved a bit on lower volume (lower than 10 day average).
Bolli bands have widened, and buying is increasing. RSI looks good, but for a good reversal we would have dipped to 30 on sells and been looking for a strong uptrend.
Hoping for a continued trend tomorrow...
They can't continue to hold this down...once QB hits, the volume will increase...then it should be uphill from there.
Best to all of you Longs!
Iflhdy, your suggestion of dilution has been asked/answered - they are not diluting.
However, should they elect to issue shares out for M/A in addition to the cash on hand, I am OK with that.
Building a company is done one brick at a time...
Best to you!
Mister, "bowl", "triple-bottom", etc. just admit you don't know what you are talking about
Less than a week ago, it was "F this, I'm out" and yet here you are again, and right before that you were touting "to the moon"...geesh
I, for one, would love to hear the "why" explanation for your return...you said "not worth following" this stock...I am sure others would love to hear you expound on this...
This company's fundamentals are strong, with QB on the horizon, M/A ongoing, cash in the bank and transparency. IQST will gain traction with the QB uplisting which will bring in new investors who have been prohibited from trading this stock because of being Pink.
This is a long term hold, and you obviously do not possess the patience for that.
Best to all Longs!
Here's a few FO companies for you...
Sumitomo Corporation - Market Cap: $14.4 B
Kaile Science and Technology Co Ltd Hbe - Market Cap: $12.1 B
Corning Incorporated (NYSE: GLW) - Market Cap: $28.337 B
Prysmian Spa - Market Cap: $8.436 B
Furukawa Electric Co Ltd - Market cap: $187.075 B
Jiangsu Zhongtian Technologies Co., Ltd. - Market Cap: $33.45B
Hengtong Optic-Electric Co Ltd - Market Cap: $28.84 B
CommScope (NASDAQ: COMM) - Market Cap: $2.48 B
Fiberhome Telecommunication Tech. Co.Ltd - Market Cap: $29.20 B
Belden Inc. (NYSE: BDC) - Market Cap: $1.78 B
Yangtze Optical Fibre and Cable JSC Ltd - Market cap: $18.038 B
Futong Technology Development Hldgs Ltd - Market cap:$ 168.075 M
Sterlite Technologies Limited - Market Cap:$ 64.47 B
Tongding Interconnection Information Co Ltd - Market Cap:$ 5.952 B
Fujikura Ltd - Market Cap: $112.894 B
in the Global Submarine market...
Alcatel Submarine Networks
Fujitsu
Huawei Marine Networks
NEC
TE SubCom
AMBASSADORS FIRST NEWS
IQST – iQSTEL Developing 5G Network Carrier Partnership Could Include Equity Participation In Target Carrier
New York, NY – May 17th, 2021 – iQSTEL, Inc. (USOTC: IQST) today announced the network carrier partnership under development that would accelerate iQSTEL’s entry into the 5G market could now also include an equity component with iQSTEL acquiring 10% of the network carrier.
The target carrier owns and operates a larger fiber-optic (FO) network with hundreds of miles of fiber optic network covering a combined 40 million direct and indirect clients and potential clients in America.
As previously announced, iQSTEL’s management presented a partnership proposal to the FO network’s Board of Directors two weeks ago. iQSTEL has since started to explore the acquisition of 10% of the capital stock of the FO network. The non-controlling, minor equity position is currently held by an independent shareholder. The acquisition of the 10% position is part of the ongoing partnership negotiations.
With the 5G market estimated to reach a value of $700 Billion by 2025, the 10% equity position has the potential to have a positive impact on iQSTEL’s balance sheet in addition to solidifying the partnership with the FO network.
Look for more news coming soon on the overall FO network partnership development in addition to news on other M&A activity underway.
iQSTEL recently reported Q1-FY2021 182% revenue growth keeping the company well on track to its $60.5 Million Annual Revenue Forecast.
About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) (www.iQSTEL.com) is a US-based publicly-listed company offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with presence in 13 countries. The company provides services to the Telecommunications, Electric Vehicle (EV), Liquid Fuel Distribution, Chemical and Financial Services Industries. iQSTEL has 4 Business Divisions: Telecom, Technology, Fintech and Blockchain, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company has an extensive portfolio of products and services for its clients: SMS, VoIP, 4G & 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas Platform, IoT Smart Tank Platform, Visa Debit Card, Money Remittance, Mobile Number Portability Application MNPA (Blockchain Platform) and Settlement & Payments Marketplace (Blockchain Platform).
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 statements 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, in part, 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.
iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL Inc. and its subsidiaries: www.iqstel.com
Train, you are not going to see revenue on that until either Q2 or Q3 (my bet is on Q2). Even if you sell a business a product or service, as a business owner you are not going to log the books for revenue you haven't collected. Depends on the contract (i.e Net 30,60,90)
The smart thing to do (even if you have numbers from a planned revenue source) is to wait until you have the QB uplisting - every PR in Pink Land appears to have a minimal effect on PPS.
When the QB credibility comes, then PR's on potential revenue will have an effect, but again, IMO they are best to wait until they have cash in hand before they tout the revenues.
Best to you!
Risk, IMO the rise in PPS will come and hold once they go to QB. from there, we have new platforms that bring new investors - these are investors that have been sidelined (like T212) and do not allow Pink trading. Once QB, we will begin to see elevated growth. The company has demonstrated they are a serious company, and they are doing all in their power to deliver to the investors.
Once on QB, we will need to get up to $2 and sustain for 90 days to file for uplisting to Nasdaq. I was thinking October-ish on this, but that is dependent on the $2 PPS hitting - that is when the clock starts ticking. IMO, we can get there within a month of QB uplisting, but I want to see a slow steady rise...spikes signal to shorters that a fall is imminent, since people who have tired of waiting sell and take profits.
Slow and steady wins the race...Best to you
at the moment, the RSI is strong, and momentum is favorable but the Bolli bands have constricted a bit too much at the moment...would like to see buying and the bands open up more. we are over the 10 day volume 1/2 way through the day. we have a really low float...hopefully the shorts have filled their positions and will let this take a natural course.
jersey, the QB is right around the corner...new platforms, and even more investors.
Best to you...and to all Longs! Turn off the computer and come back in a month...you already have your holdings, so let the company do their thing and relax...
I was holding DOGE crypto around $0.062 and then BAM...10X almost overnight! still holding though
lowandaway, I have been sitting on the sidelines watching his posts, and catching his ire, calling me an amateur...
I have NEVER posted that I am a professional trader, and I can only interpret the charts as best as possible - that has worked for me. I also have told others that the stock was in a sell mode a few weeks back and to wait to get in, and even had my sincerity questioned on that.
All said, I believe, and I could be wrong, that he was one of the people brought onto this board to kill the momentum. When you have someone constantly saying "help is right around this corner" and you turn the corner and there's no help, you tend to get demoralized...hypers do that to people.
You have people who bash a stock, and the incessant "to the moon" folks who never let up - both of these demoralize.
I have been, and will always be, a "slow and steady" stock person. I will wait out the lows and enjoy the highs, but I am a long term holder, and that means good or bad, I will be in this for the next year or so.
Don't get overly discouraged - the entire OTC is being hit...the QB is right around the corner, and if he sold out at a reduced profit, then that says it all about his trading expertise.
Best to you and all Longs! Great Stock...Great Company!
Morning all! A quick note to all: Keep in mind that there is a lot going on in the background on this company as you all know, but try and keep things in perspective.
I know over the last few months we would see $2, $5, $10, etc., and while we believe the company will get there, avoid hyping others about this in the near term.
We are dealing with some bad MM manipulation, and since they have high paid ultra smart tech guys designing their algorithms, there is virtually no way to get around this until the company shows the financials, and we uplist to QB (as a step to Nasdaq)...then the true value of this company will take it vertical...slow and steady wins the race.
When this stock is hyped, and it goes the opposite direction, that certainly does not help when sideliners are doing their DD. As you know, as part of the DD, you want to know what investors are currently saying about a company, and stuff like "charts looking great" and "to the moon" and "here comes the $2" and then the price keeps dropping, well, that just keeps them on the sidelines.
I am not a professional trader, never worked in that world, and honestly, anyone who tells you they are/or have worked in that world and is now playing in Penny's is most likely not being genuine.
This company will get there, and will make a lot of people very wealthy (some of the folks here have hundreds of thousands of shares, some more than that). All that is being asked is to keep the hype out of your posts, and give others reality, not spin. Charts at the moment are a bit washed out with an RSI under 50, but not far enough to signal a buying trend...momentum has slowed too.
In time my friends...this garbage playing that the MM's are doing will all be a past memory.
Best to all! and keep it honest for the sideliners...we want them to see this company for everything it is, and all it can offer...not the hyped version!
foti, correct - NO DILUTION. same number of shares OS since April 12th
136,881,964 common shares
We may see some dilution in the future should they require capital to fund their M/A activity.
Thanks and best to you!
Crawfors, you did say that. I mentioned at the start of the week that we would likely go down more - just looking at the 3 & 5 day charts showed the trend, and with us still down in the Pinks it was inevitable.
I certainly don't want to stay in this neighborhood, but as soon as they cover, we should see a rise in price. Slow and Steady wins the race.
Personally, I have been buying all over the run up/down and am sitting on a nice pile of shares. my last buy in was at $0.71...if this holds tomorrow, I may pick up a few more thousand.
I had one person ask if I was being sincere when I told them the charts indicated a continued downtrend, to which I said "if you are going to buy in, then I would like to see you buy in at the best price" vs the opinions of others who want to hype and say "Charts look great!" especially when they don't.
With the uplisting in the works, and IoT hitting production, and Global Money One getting ready to launch, this will rise to some stellar heights this year.
Once we hit QB, 90 days is all we need to hold above $2 and we are golden.
Best to you!
oldman, you will see that type of language in just about all Pink sheet companies regarding the "Ongoing Concern"
Keep in mind that the Audit was of the 2020 finances. I went to SEC.GOV to check a few Penny Stocks, and if you go there, and pull up a 10-K of one, do a CTRL F search for "Concern" and you will see it peppered in about all that you search on. The wording is different, but the language and sense are the same.
I did a quick one from a stock that used to be XSUNX (XSNX) a solar business, and is now under new management, but the same language is there: (https://www.sec.gov/edgar/browse/?CIK=1039466&owner=exclude)
"Going Concern
The accompanying financial statements have been prepared on a going concern basis of accounting, which contemplates continuity of operations, realization of assets and liabilities and commitments in the normal course of business. The accompanying financial statements do not reflect any adjustments that might result if the Company is unable to continue as a going concern. The Company does not generate significant revenue, and has negative cash flows from operations, which raise substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern and appropriateness of using the going concern basis is dependent upon, among other things, additional cash infusion. The Company has obtained funds from its shareholders since its inception through the year ended September 30, 2020. Management believes the existing shareholders and the prospective new investors will provide the additional cash needed to meet the Company’s obligations as they become due and will allow the development of its business."
Best to you buddy!
SKY, not sure there is an overall run in Crypto, although DOGE is up big...All my Crypto (ADA, XRP, ZIL) are down, ETH is only up ~2%, so this is a controlled push down by the MM's.
Yes, there are short termers here that have taken profits and will move on, but they will only hold this until right before Uplisting. Once that occurs, an influx of investors will pull the Float down and push the price up.
If I were an MM, I would want to load up cheaper shares and replenish any short positions with a good profit.
Either way, time will pop this back up significantly...Best to you!
Dman, Uphold. there are only a minute amount of currencies on there, but the ones I like are there.
Best to you!
Fiat, on the Uplisting potential, I have to disagree with you on this affecting the price.
Uplisting to QB opens us up to more platforms that do not allow Pink Stock trading. If you look at our Float you will notice how low it is. The ability to manipulate stock price is always there, but if investors are certain of the potential, continue buying, and hold, the MM's will not be as profitable on this by holding it down--they will realize that the profit going up will be made with the spread.
The Uplisting does one other thing for this company: It provides credibility. I know others on this board have said different, but Pink companies are notoriously thought of as fly by night - moving up on exchanges demonstrates the seriousness of the company for growth.
Once new investors pile in, the float will begin to drop, and the price will begin to rise. Each time we break new highs, you will have profit taking, and a new influx of investors that will also hold for the potential 2X, 3X, etc...
As long as IQST hits and exceeds the projected targets financially, then this will settle much higher, and continue to do so.
Nasdaq is October-ish should they continue to grow.
Best to you and all Longs!
Nobs, No. Nasdaq is up to bat after uplisting to QB. We need 90 days at/above $2 close price to qualify for Nasdaq. Getting on QB is only the stepping stone.
Best to you!
Belg, I am here to give insight as best as possible and am heavily invested here, as well as 2 family members.
If you look at my last couple of posts you will see that I signaled for people to hold on buying in early because based on the charts, I felt the price would drop... I don't like the price dropping because it affects Me Too! But if people are going to put money into this I would like to see them get the best deal possible.
I live by the creed of karma... I am not going to hurt others to benefit myself.
Best to you and all longs!
Mr Comp, unfortunately I think there's a bit more selling going on then what we would like but I believe we are going to find a base and move up within the next week to week and a 1/2.
I was able to pick up 3000 shares at .71, so that was good.
Set my order early this morning based on the trend in the charts. It popped up to .78 and then came right back down. Give it about 1-1/2 weeks and when we get confirmation of uplisting to QB we are going to rock
Best to you and all Longs!
Avoid the hype, and stick to facts.
Wasn't anticipating news this morning, but glad there is. Not sure it will sustain though...wishing they would just hold for a week until Uplisting and then hit us with all the great news.
The PR cost is not as helpful while on the Pinks.
Best to all Longs...holding strong! Hoping for QB news in the next week!
Better hop on board this week folks!
Morning all...today might be a good day to pickup some cheaper shares. Indications are we are still in sell territory, although the RSI is still above the 50 line, but barely.
Keep an eye on the open - we might see a pop up to encourage newbies to hurry and buy, however I would hold a bit and see where this goes. I believe we are going to dip a bit more (if the charts are to be believed).
Either way, if I can, I will be picking up a few thousand shares if it drops down far enough (have a buy order in for 3K shares, but in a convoluted way I hope it doesn't fill)
Best to all Longs! Hoping this goes up instead, but in about a week or so, the real jump will hit from the confirmation of Uplisting to QB.
Agreed Crawfors! Excellent Stock, Excellent board!
Uplisting soon...don't miss the ride!
Best to All! Be your brother's keeper!
Ken, I think you and I have the same stalker...
Best to you all! have a great day!
Hold Long and ignore the negative chatter...if you have ever visited a retirement home, you know how old people can be...pity those who feel they need to berate others.
Good, NO CHANGE. On April 12th, they had the same number 136,881,964 OS.
Now all that is needed is the QB Uplisting news, and we move!
Best to you!
For all new investors, and even those who feel like this should already be on Nasdaq and are becoming frustrated...before you react, remember:
“The stock market is a device for transferring money from the impatient to the patient” Warren Buffett.
(He is so right on this).
This was from the Ambassador's site on FB
mdb, for some this is disheartening enough to close out their positions and move on. For those who know what they are holding, we see these downward trends as opportunities to pick up shares.
In the bigger stocks, charts are great because the Small, Mid and Large cap stocks react like they're supposed to, but in the Pinks it's anyone's guess where we land.
Just doing a 3 day & 5 day chart check this morning, it seemed clear that we were not going to move much, and unfortunately it was true.
I do my best to try and help others, and sometimes the action on this one doesn't jive with the charts, but I, along with others here try to help make sense of this stock.
We may not be an "ex-traders", or some "old man" sitting at home, but we all do our best to bring you info so that new investors fully understand what they are holding in this one.
Best to all...avoid the negative chatter - you'll find it serves only the negative person.
Leandro, I absolutely LOVE the updates and PR's, but hate that they are getting issued while we are on the Pinks.
I have mentioned to them that they should get their uplisting completed QUICKLY and then pop these out - that is how you take advantage of momentum.
At the moment, the charts are partially turning South...I know there was about ~38% short volume as of yesterday...they know to time their plays between PR's given our location. Some investors in Pinks are like kids with ADD...you just can't keep their attention.
Anyway, Best to you! Hoping for Uplisting news and soon...then we fly!
This could easily spike up - RSI is floating above the 50 line and Bolli bands are trending up, but still a bit tight...
Some buying is occurring, but just not enough. I wish the news would float this up and sustain...being Pink, the news has a great initial impact, but it just doesn't hold it.
Either way, for any watching this, avoid sitting on the sidelines, because when the uplisting occurs (SOON), you are going to unfortunately have to set your Buy at Market or keep adjusting your limit price - it will fly.
Best to you all! Be your brother's keeper!
Train, you are exactly 100% right! The company said by end of May for Uplisting, so until then we are going to see pops up, and maybe even sustaining at higher levels (hoping for above $1). The uplisting to QB can take up to 4 weeks (need TA info, MM info, they have the financials, investors, etc.). I have read that it can be done sooner if no questions/concerns arise. IMO, the company has hit all the write marks to Uplist quicker than normal.
I would love nothing better than to catch any shorters by surprise and force a loss.
Best to you...let's rock and roll this baby soon!
Train, this company is in all the right sectors, and the only thing holding it back is the location.
Once we are uplisted to QB, credibility steps in and we move vertical, then any great news will continue to propel this upward.
At the moment, we get a quick pop up followed by a retrace...once QB hits, then we sail.
Best to you!
Not sure we are going to see upward momentum at this time - we are likely going to stagnate at this point.
Volume is sluggish, bolli bands trending down and closing, RSI didn't hit 30 and hovering around the 40 line, momentum is in the wrong direction at this time.
this is typical for this stock given that it is in Pink...might be some quick profit taking, but not a lot. If we can get an infusion of new investors, we could move upward, but not seeming like it at this moment. they might raise the ask to hook some into thinking it is moving up, but they will likely trend it down.
Best to all, and hold long...this is going places!
Init, unfortunately they can still short, it's just that they now have to collateralize their positions. They can't just borrow indefinitely for a small interest rate, they need to put up capital equal to their position, that way if they screw the pooch on their guess, and owe a ton, they can't just walk away unscathed...
That was part of the new rule, and hopefully someday they will eliminate shorting, period.
Anyway, as was mentioned, this stock will fly vertical once the uplisting occurs, and a lot of those poor 212 folks can trade again, as well as other platforms.
Best to you!
Agua, yeah MM's can play all kinds of games with this one, but not if they were seeing 3X+ our 10 day volume from investors looking to get in. with lower volumes, it is easier for them to manipulate - they can play both sides of the coin.
The TA is aware of the impending uplisting as they would've been notified as part of the process, so what is happening now is their game to pick cheap shares for the potential runup.
Best to you...it's just a wait game at this point
foti, when you are not sure what you actually are holding, you put in a stop loss order, and of course the MM's can see it, and can walk it down and grab them because volatility is expected/anticipated in Pinks.
But, when you know the potential of a stock, you put a limit sell order high to ensure you are covered if you go to the store and it rockets up.
well, I did say we might see a retrace, but I don't think it will be too deep.
The only real way to sustain an upward momentum is to be off the Pinks. We will be on the QB (or QX) soon and then on to the Nasdaq by October(ish).
I think we will recover after lunch, but real upward strength will only come from the volume, and that is not on the Pinks.
Best to you! Be your brother's keeper!