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I expect eps for IQST to exceed .10 by 24Q3 (If fintech is truly experiencing revenues now) or 24q4 (if not) without including the sale of EVOSS (which I can't conceive of them waiting beyond June )
$225 million proven revenue and 173 million OS + (a Slow Bleed 4.99% Beneficial Ownership Limitation on $3.8 million in notes*18%/annum with an .11 conversion price + restricted shares to QXTEL owners). The expectation of EVOSS's starburst shadows pre-payment & conversion terms of the agreements as a safety valve. A back of napkin calculation has RPS at $1.00 for the next 6 months if revenue is flat. Telecom has a P/E average of 33.3. Current estimated QXTEL+IQST eps is .01 with flat 23to24 YoY earnings & no improvement in margins.
Value hunters aren't deterred by exchange inclusion. While committed retail investors have been buoyed by the lofty news, we must wait for it to penetrate & capture decision-making by sector traders who usher and then corral stampedes🐮
Operating income of $60,000.00 per week is 720,000 per quarter. Net income, according to the last Q. was affected by 115,000 of other expenses (10% of total expenses). QXTL has clearly improved upon these numbers, so it looks like net income in the first reported combined Q will be at least $500,000 if we assume that IQST unimaginably failed to improve margins on its own despite announcing otherwise.
The trolls must be on pins & needles with heightened anxieties about how the value clarity to be provided by the imminently expected 8k will impact their contrarian bets. I, for one, find it difficult to believe that QXTEL & IQST would risk & misspend potential market goodwill with onerous provisions. In fact, I think they'd be more inclined to skew agreement terms in ways that would encourage investors & facilitate client relations.
I realize some of you have developed despairingly negative sentiments about the possibility of a quicker reversal of fortune here, but RS & buyback talk is as much 🤡💩as talk about MMs, intraday bid/ask, and bashing revenue gains. Share Price will at minimum correct to Telecom standards in short order & fintech/tech if solid revenue footings are detailed Your heads will spin.
Dumb and dumber are discouraging trading volume to mop up impatience cheapened shares 🤡💩
Dumb and dumber are discouraging trading volume to mop up impatience cheapened shares
QXTEL's ICM is a really valuable asset which should, under the demonstrated talents of IQST management, lead to greatly improved margins as integration proceeds. A second acquisition remains an expectation for the first half of the year.
These executive salaries are very reasonable and include provisions to substitute stock for cash. I would not be surprised to learn that these executives also held sales manager positions to boost their incomes based upon their contributions to revenue generation so that they can match local cola standards for their peer group.
Onanism by thought, pen, or action is a sin. For penance recite 12 Hail Marys & 4 Our Fathers and then maybe your hairy palms will escape the embarrassing notice of friends & neighbors.
Anyone else notice that you can buy a smart gas device for your home through the IOTLabs buy products menu option for 92.58 + tax?
A potential masterstroke acquisition could be a multi-location dealership to speed along vehicle, accessories, & parts distribution across the Americas of evoss. A U.S. location, while showy, is likely impracticably expensive at present without a sales foothold
Naysayer comment " 4 months till 10k (revenue news) which is the only true news" The same naysayer then repeatedly states "Revenue news is always worthless". Each following breath then exclaims "Let's take out the bid wall (sell to the mm account I manage so I can intimidate other holders by building ask walls at lower prices).
Low volume again has the desk rats trodding negative sentiments to earn commissions on trades. Those large low priced bids are these MMs attempt to price the downtrend they need to earn their commissioned checks when trading is scarce. Boohoo
Current week begins like last week with the company having $5million to spend on M&A. Will Smartbiz draw a masterstroke thread between S. America & Miami at the expo tomorrow & wednesday.?Will Tuvolten soon complete regulatory licensing in Europe so that the EVOSS can devote appropriate attention to advancing its electric car? I am sure a prototype must be nearly assembled by now. If a hypothetical decline to .15 entails .08 then a climb to .19 promises the gap to .25 will be filled.
The phone account of the prognosticating desk jockey who needs volume trading to occurr to earn his commissioned living remains unmissed.
The evoss website has some updates.. it suggests distribution networks are well established. Would be nice to discover that there were billboard ads throughout Latin america so that it's availability was not limited to just Spain and Portugal (euros). I am surprised fintech isn't actively engaged in currency conversions.
At these prices, I am betting heavily that fy24 revenue is much much closer to $300 million than it is to $145 million (which obviously will be their earnings FY23 given the material increase from Q3 to Q4 & gross margins statements in today's PR). In fact, as long as this is priced under nasdaq listing requirements, I am buying.
Wash-sale tax write-offs require a total of 60 days to count towards the $3,000 write-off. Anyone waiting till december to sell a losing position is an idiot, because first they had to hold the security for 30 days & then they must wait an additional 30 days after the sale to qualify for the calendar benefit & be free to buy the security again with carried losses. The most optimum time to bank on wash-sales occurs during the summer after the Russell indexes are repopulated by market caps
If current price stagnation primarily results from the company being identified in the past as being ineligible for trading212 listing because it did not meet HMRC criteria and Investment Savings Account eligibility, then it seems likely that the recent profitable quarter and the addition of $5 million in disruptive LDA funds to its balance sheet should allow it to regain a trading212 listing.
The PR specialist, Brad, cannot publicly (on the brink) disclose knowing non-public Q3 finances until the earnings report is made official. I would think that Mr. Iglesias is reserving the privilege of announcing that IQST has in fact become profitable for himself when he is quoted in the earnings announcement PR this week. $$$$IQST
The noisy negativity from this triumvirate of company men works this board tirelessly to spoil retail traders commitment to IQST with the expectation of bonuses when their superiors sell shares wheedled from the dispirited in a orchestrated chase to higher prices. Rinse and Repeat
You said the same thing for 3 consecutive years. It has had no bearing upon price rises or price falls. There is a 6 month window between Q3 & 10K for all reporting companies and their share prices will indifferently rise and wall between those events.
The company is working on the filing of the 10Q with the Q3 results
I see the company is also giving ambassadors a heads-up about market defining news by advising members to widely share its most recent video. Its always nice to receive a pat-on-the-back for prescient stock suggestions.
To begin speculation on how much net profit was made in the 3rd quarter, I will opine more than $1 million as a result of significant improvement to margins provided by financial products.
In the next day or two another alias will backhandedly remind us about co-tenants in their Florida office space who failed to make good on the credibility IQST lent them as though business development does not entail giving adventure to some dead end opportunities. Don't be polite. Waive both middle fingers.
How desperate are you guys to stave off firing or bankruptcy? You'll never repay those borrowed shares at prices at or below .40 (We revel in witnessing you losing a lot of money here) Incidentally, the sexy clock for smartTank deals is speedily ticking towards occurrence as post Nasdaq uplisting events. It is rare to witness a fortune 500 company make the name of an OTC
When they report improving revenues in following months, you then can say "well let's see if they can have positive income for 3 quarters" then "a year" and then "well. SP shouldn't be over .45 if they are not profiting at X rate for Y period of time"...
100 million - $57.491 million(Q1+2) = $42.509 million for Q3 revenue - $32.824 million Q2 rev = $9.685 million Q3 over Q2 growth. At this rate of growth 2023 likely to exceed $150 million + acquisition
I am one of the most significant reasons why you and your buddies desperate efforts on this board are completely wasted. Will you be fired or face bankruptcy if you do not cover all of those borrowed shares expeditiously? Time is running out...tick tock Clarice
If the 3rd Quarter nets a profit, as is divisions are accountably forecasted as income positive with improving margins, & the prospective acquisition is also verifiably generating net positive income, then LDA almost certainly will sign the financing agreement if it is in the business of making money. I suspect that the contractual negotiations for the acquisition are affecting the timing of the prospective LDA announcement. This means that 3 principal parties are involved, 3 accounting teams, 3 legal teams, & insurers (that is a lot of paperwork). I've concluded that any day now means before the end of the month since at issue preliminary unaudited financials should all be ready.
Shouldn't you, IFLHDY, & imindog be lamely preparing your "OMG! This 24 month bond LDA agreement is so much worse than the Apollo deal especially because IQST is now profitable" talking points?
The price peaked at $2 and had many secondary peaks between troughs. Who, of those with the means & vested interest, would not sell short with such a wide & far-ranging price disparity, especially if they were tasked with deriving income & defending their job status by preventing short covering loss of say 300,000 exercised Apollo shares (working shares & owning them are really 2 different things).
Some of us may need to dispose of shares in quick order to avoid ownership filings. So, rather than making bald-faced lies about the absolutely & effectively expired Apollo agreement, why not just disclose to the board how many shares you need to cover what you've shorted & demonstratively verify the average price. Those of us who like our anonymity may prove quite accommodating.
LDA in & Apollo out. There are no unexplored amendments or hidden clauses in the S1/A chain. The termination date is resolute
Notice of Effectiveness > Apollo is out > IQST required to disclose any changes to "The one-year period commences when the option may be exercised, with an initial exercise date of September 30, 2022, and expiration date of September 30, 2023.". No disclosure means no changes. Goodbye Apollo & fruity fear-mongering cubicle neighbors.
I wonder if the hardware acquired from the Whisl purchase is being utilized by other subsidiaries to account more for the value in its purchase than its apparently shrinking existing customer base. A good tell would be its employment numbers.
We can hope excited indications of the preliminary attainment of profitability affords a more adventurous & truly disruptive acquisition with adapted LDA financing. Past acquisitions were made with cash & stock. If the pattern continues, $5 million could buy a lot more additional revenue than what was gained from Whisl (1.8 million cash & stock>$800k first 6 months of 2023=not so good when $5.6m annually was advertised) & SmartBiz (1.8 million cash/stock> $6 million first 6 months of 2023=WOW!). Linearly then, for $5 million/+stock an additional $20+ million in revenue is in the offing,
Obviously not yet. Refined queries made to the app's NPC did not produce specific results suggesting it cannot access the sales directory.