Make it, but not at another's expense
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Well, I just reviewed the new OTC disclaimer from IQST...I sent a number of grammatical fixes to them. I realize they are english as a 2nd language, and I give them kudos because if I had to write a spanish version disclaimer it would not be good.
All said, let's hope they make the corrections.
Best to all longs!
Train, there will be NO R/S, but you could see a buyback to help shore up the price a bit. While I would like to see a buyback/retirement of shares, I think we are OK with our current OS count.
The entire market except for the occasional pop, is kind of in a "wait and see" mode so we don't see a lot of stocks in OTC moving. I would rather wait for the slow and steady rise up vs the 200% jump which inevitably retraces and gives investors the impression that this is only a short term play stock - that takes away the strength of the company and relegates it to a junk stock in many investors minds.
We have a ton going on, and when the market corrects and moves, we will too...wait it out, buy more shares if you can and sit back and relax.
My best to you and all Longs!
Remember, aside from an occasional "pop" of some speculative stock, the market is struggling, but when you invest in fundamentally strong companies, you win in the long term.
IQST is a GREAT long-term company, and not a "play"...
Pick up shares if you are able...watch the trends and get the deals when you can....
Me, I am sitting idle with all my shares...will occasionally pick up more as I can...
Best to all longs!
We are holding strong around $0.40, and given this market, that is good.
As it has been said before, IQST is positioned in sectors that are, for the most part, recession proof.
Once the market stops flipping out over inflation (and even Ukraine that most have seem to have forgotten about) and creating this self-fulfilling prophecy of a small recession, we will move north.
Best to all longs!
Green futures...and yet the Fear & Greed index is at 15 (Extreme fear).
The traders/brokers etc. are part of a self-fulfilling prophecy with the Market - they cry "recession" before it ever happens, start shorting the market, and start working to pull the market down. Then the market starts falling from the fears they helped create and they say "see, we told you it was heading towards a Bear market". Then they reap the rewards of the shorted stocks. We have to realize that these folks make money in Bear or Bull markets...it's what they do.
Yes, commodities are harder to obtain, partially due to China being on lockdown for as long as it was, and partially due to consolidation of companies into monopolies. With China ramping up again as of June 1, I would expect to see the market turning around soon. As for oil/gas, companies such as Exxon are holding on increasing production because they are enjoying the record profits. They are not incentivized to increase production - this shortage is self-inflicted, and not due to a shortage on oil - pumps in ND are not pumping at full capacity. Biden going to the Saudi's because U.S. suppliers are unwilling to increase is the right thing to do - some say we shouldn't do business with the Kingdom due to human rights issues, but we have our own here in the U.S., so that is a moot point to me.
Hate to say it, but as a Reagan Republican, I see the Party doing the wrong thing, mostly to hang on to power...doesn't matter to me what your Party is, right is right, and wrong is wrong, and hurting the American people by working to keep gas prices and inflation high, is wrong. Capitalism is good, unless it is hurting your fellow Americans.
Anyway, my partial $0.02 on this market.
Best to all longs in this artificially induced downturn.
rwa, I don't think they intended any investor confidence negativity - they were simply implying that the global economic situation creates a pullback in all markets, and investors run to safe havens during times like this, and this is why they are hedging their position for uplisting out a ways.
A lot are concerned with SP, only because it relates to their investment and not the strength of the company. At this point, the company could be net positive by $20 million, and the market would likely not budge the stock much at all...no investors, no market cap increase.
This is a really good small company...and in time the real SP will reflect that, but in this market it is pretty tough on most stocks.
Best to you...
In a sea of RED, we are slightly green...and holding around $0.40, while a lot of my other dividend stocks are getting hammered to new lows.
Best to all longs...
Crawfors, all things being equal and unchanging, if we continue on this path, with the $11.6 Million, at year end we will achieve $90.8 Million with profitability.
No one likes the SP...No one likes our Market Cap, but all in all, this is great company. They are positioned in all the right sectors in my opinion for an economic pullback or recession.
I have been through a few of these, the first being under Carter. I have learned through History that people never change, and that regardless of how bad things get, they will always gravitate to basic needs or find ways to cut costs (i.e. eVoss).
Best to you and all longs...DCA when you can folks!
Lots of RED in the futures...seems everyone is waiting on the Consumer Price Index numbers tomorrow. Depending on how that all hits, the market could either sink or get an adrenaline shot and shoot higher.
Hoping for the latter...
Best to all longs!
All Futures are green...good start (and I remembered to refresh my screen). Last time I posted all green, it was from the day before. LOL
I contacted E-Trade on the 1 Year PPS reflecting the 2 Year point - they are going to pass the issue on.
Best to all Longs! Lets have a great week! Remember why you bought...that hasn't changed - it's only gotten better!
10% of average volume in 5 minutes...nice start!
The News today regarding the carrier which was mentioned in May 2021, is not currently disclosed and will be held off until they have closed the deal.
Here's the 2021 PR regarding this:
https://www.prnewswire.com/news-releases/iqst--iqstel-previews-network-carrier-partnership-that-could-accelerate-entry-into-700-billion-5g-market-301287506.html
My bad...didn't refresh my page from yesterday.
[img]http://investorshub.a]dvfn.com/uimage/uploads/2022/5/31/vl[w[fut.jpg[/img
Crawfors, with all futures in the green, we should have a slightly green day...
Best to you and all longs!
In line with Joe's statement...read:
https://www.marketwatch.com/story/the-technician-who-called-the-2020-market-bottom-says-a-shocking-rally-is-in-store-11653043583
My pleasure Oldman! I understand how some can feel...I too am underwater a bit on this, even with the cost-averaging...but this company has a vision, and I plan to take advantage of the growth of that vision, regardless of where the rest of the World is economically.
A good way to view this: if you were looking at a 55 gallon barrel full of Sh*t that had been baking in the Nevada sun for 90 days, but in that barrel was the Hope Diamond, would you walk away from it? Not Me...well, we are the proverbial "Hope Diamond" in a Sh*t barrel of an economy.
Best to you Oldman and all longs!
peterpan, if I am reading this right, and if it is similar to a situation I have been in, if they are granted the right to purchase the shares at $2 on/after 9/30/22, regardless of what the current share price is, they can purchase those shares for $2. If the SP is sitting at $10, they get the $2 price, if it is sitting at $0.45, they still have the option to buy or wait until the SP affords them a profit, but it is a straight cash purchase for the shares at $2/share.
I am betting that APO is more in tune with the inner workings and future plans for IQST than we are - we know what we know, but big boys always share info/plans that the average investors may not know. It is not insider trading, but rather a clearer/more defined plan than communicated to shareholders. Anyone who has been on an earnings call with a company knows the details are different than in shareholder letters because the IB's, Institutional Brokerages, want (as Shane has mentioned: Names & Numbers)
Best to you and all longs...company is still growing in this crappy economy.
One last note, anyone familiar with History knows that regardless of how bad things get economically, there are always things that people will NOT do without. In WW2, chocolate and pantyhose were among many items in europe that people would do almost anything to get...I mean almost ANYTHING.
We are in telecommunications (among other things Fintech, blockchain & EV), and people will NOT do without a cellphone or means of communication...they also need ways to transfer money...get from place to place and avoid $6/gallon gas...
Remember WHY you invested...because that has not changed, and we are positioned to grow in this crappy economy...the only thing that has changed, is the outlook some have, but not IQSTel's plan.
Thanks Leandro. I guess that APO (Apollo Global Management) had a very good reason to target 9/30/22 as their exercise option date @ $2/share.
Folks, when you have a company that manages $498 Billion in assets for investors signaling that they want the option to purchase shares @ $2 in the future, that likely tells you that they have high confidence in the performance of IQST and have hedged their bets that the SP will be far above that point, which provides them with instant profits.
The current SP is ~$0.40, so imagine that the SP is moving vertical, and you have the option to purchase the stock at $0.25/share...You are sitting on an instant profit.
Time will weed out the weak hands...and those who persevere will be rewarded.
Best to all longs!
mdb1, elon for sure can be wrong...delving into buying Twitter was a foolish move. All said, Elon is NOT a financial investment firm - granted he can pay people to read the financials and make assessments, but APO IS a financial investment company, and those companies do not hedge bets on losing horses. Any company that manages $498 Billion is a force to be reckoned with.
Best to you and all longs!
fundamentals3, If this is APO (Apollo Global Management) that manage $498 Billion, then this is a very good thing!
One thing, the exercise date is only an exercise date and has impact on when you can exercise - it limits you on the first date that you can exercise the shares.
All said, good nugget of info that you noticed...I am still aligned heavily with this company and will be cost-averaging as I am able.
Best to you and all longs!
trding, if you look at the "fear/Greed" indicator, we have fallen into Extreme Fear @ 6 (scale of 0-100).
IMO, this is just an opportunity for the markets to continue to drive fear into people to push sales of stocks. It is yet another fortune grab by the ultra-wealthy. Yes, there is a War...there are ALWAYS wars. Yes we have a supply chain issue, but it is not insurmountable.
A lot of big producers are hiking prices with no clear basis on why they are doing it to this extreme.
This will all settle out by summer IMO as they will not want to continue collapsing the economy for Political/Profit's sake.
Best to all longs...I plan on buying and cost-averaging every step of the way.
I don't think they can continue making their manipulation any more apparent than what just happened.
We are sitting at $0.425 and then they reverse for roughly 60K shares and drop the SP down almost ~10%. Only $23K worth of shares drops the stock down ~10%.
Folks, all we can do is continue loading when we can...
Best to all longs!
woofer, I actually like that idea. But if they do this, using Rule 144, they should dictate a 2-3 year holding period to prevent a quick turnaround in the market. Buying and holding for extended periods reassures stockholders.
I get Stock Options, and they have a min 2 year hold before fully vesting - depending on the number of shares I get, they might split them up and give a portion after 2 years, and the remainder at 3 years.
Best to all longs!
Uh, you are not reading that correctly. You can buy them online is the verbiage, not "you can only buy them online".
They are being smart and adding a direct purchase option that allows dealers to receive the order once placed and the customer will pick up the unit there. this gives a little extra coin to the dealer without having to buy/hold inventory.
Best to you and all longs!
Peter, one of the acquisitions was the SmartBiz...not sure on the other two.
I agree 100% with you on the Top Tier Advisory needs. That $1.075 mil bonus could have bought some great talent and direction and paid dividends too.
Best to you and all longs!
Thanks Joe. agreed that they have been on time the last few years...2019 they had an NT 10-Q. Even with 10-K's they need to be on time...
If you want Nasdaq, act Nasdaq. Kind of the same speech I gave to my kids as they were growing up: You want to be treated like an adult, you have to act like an adult.
Best to you Joe and all longs! I think we're due...
Peter, fully agree. Rather than a nice bonus for the executives, that money could have been utilized to engage a few top end advisory companies to lay out the steps IQST should take. I was rather upset with the bonus situation, and made it known to them. It is my opinion that until the executives have executed all of their goals, Nasdaq included, they should not be compensated. We are talking 3rd world incomes and these guys were giving themselves $1.075 million in bonuses which is absurd, especially since we have not hit Nasdaq. Once they do hit Nasdaq, fine, give yourselves good bonuses because you have achieved what you promised the shareholders.
We're past that now, and focused on the Quarterly - I am hoping they have this done in a timely manner, no extensions or delays, and it shows continued positive info or Net profitability.
Time will tell...Best to all longs!
trding, thanks! I have reviewed that before and like you said, it is complicated. I don't even think they know how to use it.
IMO, they should let the value of the company drive the uplisting. We have solid Revenues, no toxic debt, good float, low OS count, solid growth, and yet we are among the many companies beaten down by manipulation.
Best to you and all longs!
Knux, thanks! I spoke with them too, and it was literally a casual conversation akin to asking someone for directions. I had to know what I was asking for in order to get a response of Yes or No.
I am glad that they will be able to adapt the requirements to the needs of IQST.
Countdown to Quarterly...
Best to all longs!
Crawfors, they changed the rule? Or was there a rule within the rule? I like $2 for 5 days and $3 for 1 day. I am hoping we see an influx of volume because the volume lately has been quite poor.
Either way, if this is the case, it's good news for us. I have always thought that if you can prove that your stock is worth $X, and that value agrees with the listing requirements, then you should be able to qualify - the manipulated SP should not be able to hold a company hostage to the OTC.
Best to all longs!
Woofer, that in part is my point. RDBX is known but somewhat dying and they got an infusion of $50 mil & look at the SP today.
IQST is the opposite right now - not well known (yet) and growing and they have a $60 mil infusion waiting.
I realize the comparison seems a bit odd, but when all the points line up, it's going to be a chase for some to get in, when they could've gotten in at these levels.
Time will prove my point on this.
Best to all longs
It's been said before, but a quick reminder for those who are wary or weary...
IQST has a $60 million Term sheet, once they hit Nasdaq...now, keep the $60 mil in mind when you consider this:
https://www.mediaplaynews.com/redbox-gets-access-to-50-million-in-additional-financing/
And in less than 5 days, RDBX went from $3.27 to over $8 after receiving only $50 mil...
Now, everyone knows Redbox, and with that in mind, they only got $50 mil in financing, and we received $60 mil...imagine where our stock price will be when this runs.
Best to all Longs!
Thanks Leandro! Anyone besides me see the clear message in the tweet?
"We’re working on to reach Positive Net Income this FY, and $90 Million rev. "
Parsing this message, it might be saying anything over the current $90mil is Net Profit, but I would guess that synergy and consolidation will likely create a profitable environment sooner.
They are going to announce an acquisition May 9th from the tweet, which leaves only 1 more acquisition on the table.
Best to all longs...
Folks, look at the stock this way: If you sat around in a chair, and watched as a construction crew began to build the home of your dreams, time would seem to crawl...we expect a lot from IQST, and in time they will deliver. Patience is key.
If not for Inflation, and Ukraine, we would have likely already hit the mark for Nasdaq.
train, I believe they are still finalizing the other two, but signing papers, dotting "I's & crossing T's" can be tricky in businessland - they'll have it when they have it...
The company has listened to the shareholders and are going to go radio silent until they have news, and I don't think thursday's are going to be the event days anymore due to the feedback. We were signaling to shorters when to expect a letter or news...
I initially loved the idea, but the shorting and manipulation was getting out of hand.
Best to you and all longs!
All, The company has been very responsive to shareholder requests. How many companies can you count that are as responsive as IQST that are preparing to uplist to Nasdaq?
Keep in mind that they have kept their promises...went from Pink to QB, from QB to QX and have told you they are planning on Nasdaq.
Also keep in mind that the entire market is having the wind sucked out of its sails, with the DOW losing 1,000's in the last week, and the Nasdaq falling as well. When people are scared, they pull their money into safe vehicles and wait. Let's hope the recent U.S./Russian prisoner swap is indicative of Russia being willing to negotiate, and the markets see this as a positive.
This is one of the few quality companies in the OTC, and you invested here knowing that. Don't lose faith...all things turn in time.
Best to all longs!
Trump doesn’t even know the name of his own social media platform “Truth Social.” pic.twitter.com/ktVpuJDLMk
— Ron Filipkowski (@RonFilipkowski) April 24, 2022
Let me guess, "it's a good time to load up", right? Wrong. DWAC will continue to dead cat bounce all the way down to single digits, and then become a defunct company, and Trump will be laughing all the way to the bank.
Don't be his mark...
I was hoping that the PR would have numbers, not metaverse numbers. We need details specific to the company, not industry or sector totals.
Details, not fluff PR's please.
Best to all longs!