Make it, but not at another's expense
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Train: Profitability and no ties to outside entities. I think using outside entities like LDA are ok as long as they facilitate and work with Mgmt to use their knowledge to take companies to uplisting platforms. Once people see profitability, that will be the beginning of the game changer. The anticipation is that 3rd qtr will show this based on recent rises in revenues.
The only downside I see is the 4th qtr is in an election year.
Well, I am here for the long haul, so as long as they keep growing, I will be here through the uplisting and more!
Best to you and all longs...and drop the RS talk 😉
AglnAustin: incorrect. The Schedule 14C is a proxy statement prepared by an attorney and is required when the issuer holds special meetings to vote on corporate actions such as name changes and mergers. It must be completed for SEC-reporting companies whose shareholders approve an action by written consent. There has been no solid RS talk other than here.
Best to you and all longs!
woofer, this occurs a LOT on OTC land. Name some Big Ticker stocks that are manipulated like this? You can bet Elon would be all over this if TSLA was dropped like this on a measly share count.
Best to you
When I see the MM's drop a stock price 6.4% for around ~$9,000 (42K shares traded) the first thing that comes to mind is manipulation.
Best to all longs enduring this endless BS by the MM's
Westerner: Schwab offers penny stocks trading through its standard stock trading accounts, where one can trade Over the Counter Bulletin Board (OTCBB) and Pink Sheet securities online through the Schwab website and mobile app. The penny stock brokerage charges are $4.95 per trade.
Woofer, they could buy a technology that a micro-cap style company owns to bolster their current profile. Think of it like a puzzle, or better yet, like Monopoly. You don't earn much with a single piece of the puzzle, but when you group all them together, your puzzle or portfolio is much stronger and attractive to investors.
Best to you and all longs!
After seeing ~1.9 Million shares trade yesterday, and a rise around ~20%, it is disheartening to see them manipulate the share price down roughly ~8% on ~250K shares (about 1/7th of yesterdays volume).
we are sitting around ~$0.215 at the moment. Wondering when this silliness will stop.
Best to all longs!
PaPaGriz, an SPAC is typically a shell-type company that purchases other companies to take them and uplist. In our case an SPAC is not needed. We have all of the earmarks needed to uplist except the share price.
I would like to know a bit more on the $10 million and the details on the 24 month $5 million bond.
All said though, it is a smart move and we have been asking for them to work with a firm that has expertise in uplisting vs IQST Mgmt doing it.
Let's see where this starts to take us...
Best to all longs!
Special Agent, I've been sitting in the background reading some of the recent posts regarding merger and or take over and I have to say that I do not believe that either is going to occur until this company starts showing some solid numbers with regards to its EV sector.
First off the company has taken steps to ensure that a takeover is not possible. As far as a merger I do not see that occurring either at this point as I Believe Management is more focused on taking this company across the Finish Line before any other tasks are taken on.
I believe we are going to be profitable this year and that should really help to propel the share price but I still need to need some solid evidence on sales. I'm referring to sales not only with the EV but also with smart tank. Either way when they do show profitability and sales then this stock is really going to soar.
Fortunately I'm not part of the microwave generation that expects a penny stock to pay dividends immediately or cross the $100 mark in one year.
Don't get me wrong I would like to see dividends but that's going to come in time.
The next 10 Q is going to be a significant one in my mind.
Best to you and all longs!
Crawfors, those impatient ones are what I refer to as the Microwave Generation. They can't fathom a dinner meal taking 1-2 hours to create...They can't fathom having to get up from a chair to change the TV channel...They can't fathom "waiting"
They are used to getting what they want at the push of a button, whether it's a remote control or the microwave to warm up their dinner.
And then there are those who are willing to put in the time to see results.
Me, I'm in the for the long haul now...yes, I did cash out early on and made some coin, but when it retreated back I picked up even more shares.
Best to all Longs...TRUE longs!
With all the accumulation that has been occurring, you can point to manipulation for them to drop the SP almost 8% on less than 60K volume.
Hold tight...it will rebound in time.
Best to all TRUE longs!
Oldman, yeah, they can change their names, but think of the hassle they have to go through to create an account, only to be muted into oblivion in 2 seconds...
ALL Legit Longs: Do this...
When you see a post of a user who you know to be either a clown or basher, you can easily filter them out and ignore them.
Click on their post and then select "Ignore"...life is so much nicer without seeing their trash, especially since we know the TRUE value of this company
Anyone besides me miss the pigeons? 5-10% gains are always a welcome sight.
Best to all TRUE Longs!
Shady, see below for Nasdaq uplisting requirements:
Reposting Nasdaq Uplist Requirements:
OK, regarding Nasdaq requirements:
I emailed them at staffinterpretations@nasdaq.com to get the accurate information on the uplisting dollar price/days and oddly enough I received a phone call back.
This was my query:
Good morning.
I have read the PDF on the listing requirements. I have been told there are 3 variations for Bid Closing Price to qualify for Nasdaq, but have only been able to verify one: $2 bid closing price for 90 consecutive days.
Can you tell me if the below options are legitimate options for qualifying?
$2 Bid Closing price – 90 consecutive days
$3 Bid Closing price – 4 consecutive days
$4 Bid Closing price – 1 day
Thank you in advance!
We are all aware of the 90 day @ $2, but according to the gentleman I spoke with there are the two other options.
1) $3 for 5 days, not 4
2) $4 for 1 day
This following part I am only including as a future reference for other stocks:
If a company performs a RS to achieve either of the 2 options above for $3 & $4, depending on severity of the R/S, Nasdaq can place an additional 5-10 day requirement on sustaining the price point.
In other words, if you have a $3 target, but are sitting at $1.00, and perform a 1:3 R/S, you not only have to wait the 5 days, but an additional 5-10 days. Same for the $4 point if you R/S (1 day can become 6 days up to 11 days) to sustain the $4.
Thought I would help clear the air for everyone a bit since I was quite curious myself, as are a few others on this board.
Best to all Longs on IQST!
Sorry guys, this needs to slow down a bit...too much attention will be drawn.
Would rather see 5-10% every few days to stay under the radar of manipulators.
All said...if we can hold the price at each new level, then great, but with meteoric rises come the vultures.
Best to all TRUE longs!
Reposting Nasdaq Uplist Requirements:
OK, regarding Nasdaq requirements:
I emailed them at staffinterpretations@nasdaq.com to get the accurate information on the uplisting dollar price/days and oddly enough I received a phone call back.
This was my query:
Good morning.
I have read the PDF on the listing requirements. I have been told there are 3 variations for Bid Closing Price to qualify for Nasdaq, but have only been able to verify one: $2 bid closing price for 90 consecutive days.
Can you tell me if the below options are legitimate options for qualifying?
$2 Bid Closing price – 90 consecutive days
$3 Bid Closing price – 4 consecutive days
$4 Bid Closing price – 1 day
Thank you in advance!
We are all aware of the 90 day @ $2, but according to the gentleman I spoke with there are the two other options.
1) $3 for 5 days, not 4
2) $4 for 1 day
This following part I am only including as a future reference for other stocks:
If a company performs a RS to achieve either of the 2 options above for $3 & $4, depending on severity of the R/S, Nasdaq can place an additional 5-10 day requirement on sustaining the price point.
In other words, if you have a $3 target, but are sitting at $1.00, and perform a 1:3 R/S, you not only have to wait the 5 days, but an additional 5-10 days. Same for the $4 point if you R/S (1 day can become 6 days up to 11 days) to sustain the $4.
Thought I would help clear the air for everyone a bit since I was quite curious myself, as are a few others on this board.
Best to all Longs on IQST!
$0.24 is proving a hard line to cross
I have always found that a person that needs to tout wealth, masculinity, truthfulness, and honor usually have none of those qualities.
Basically said, if you have to tell others you are "something", you usually aren't.
Joe, Old, & other True Longs, my best to all of you! Our time is approaching...
A good YouTube video from Boiler_Master...for folks who prefer facts.
Sauceman, the market for OTC for the last 2+ years has sucked. Given the rebounding, we are positioned to move upward. The company is positioned in sectors that are recession proof, which will prove to be fortunate once we reach Nasdaq.
Best to you and all TRUE longs! Patience my friend!
I smell profitability...and look, no pigeons Oldman!
Patience Sauceman, Rome wasn't built in a day!
And I am NOT equating this stock to Rome...or the Roman Empire.
Beat you to the punch...lol
NEW YORK, July 12, 2023 -- iQSTEL Inc. (OTCQX: IQST), today announced revenue for Q2-2023 exceeded expectations. Based on preliminary accounting, iQSTEL achieved $32.5 million in revenue in Q2 compared to $24.6 million in revenue for Q1, an increase of 32% quarter to quarter.
“We are on pace to exceed our $120 million annual revenue forecast,” said CEO Leandro Iglesias. “The company historically has higher revenue in the second half of the fiscal year than the first. iQSTEL launched in 2018 and achieved $13.78 million in revenue in that first year. We could exceed ten times that number this year. The company’s organic growth is exceeding management’s expectations, and we continue to develop substantial merger and acquisition opportunities. It is safe to say, 2023 will be iQSTEL’s best year yet since our launch in 2018. On behalf of all management, we believe this will be a transformational year for the company.”
Don't feed the pigeons!!!
MM's are like buzzards. VERT is known for being one of the worst. They manipulate for profits and love to short stocks.
http://www.sec.gov/comments/s7-08-09/s70809-3684.pdf
The Vertical Trading Group, LLC ( CRD #104353, NewYork, NewYork) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $25,000 and required to revise its written supervisory procedures regarding the One Percent Rule; the dissemination of quotations to vendors; monthly order execution information; SEC Regulation SHO’s locate requirements; the acceptance of short sale orders for threshold securities; maintaining identical quotes; market order protection; best execution for block orders, not held orders and orders with special pricing terms or conditions; reporting the capacity in which trades are executed; ensuring the accuracy of trades reported on the member’s behalf; the tick test; and books and records. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it failed to properly identify orders as short sale orders and, therefore, failed to report to the NNTRF the correct symbol indicating whether transactions were buy, sell, sell short, sell short exempt or cross for transactions in reportable securities, and to properly mark the orders as short. The findings stated that the firm’s supervisory system did not provide for supervision reasonably designed to achieve compliance with applicable laws, regulations and FINRA rules concerning the One Percent Rule; the dissemination of quotations to vendors; monthly order execution information; Regulation SHO’s locate requirements; the acceptance of short sale orders for threshold securities; maintaining identical quotes; market order protection; best execution for block orders, not held orders and orders with special pricing terms or conditions; reporting the capacity in which trades are executed; ensuring the accuracy of trades reported on the member’s behalf; the tick test; and books and records. The findings also stated that the firm failed to produce documentation that it enforced its written supervisory procedures concerning the marking of order tickets and locate requirements. The findings also included that the firm failed to report the correct symbol to the NNTRF or OTCRF indicating whether the firm executed transactions in reportable securities in a principal, “riskless” principal or agency capacity. (FINRA Case #2006004088101)
(Note: VERT is widely recognized by investors as a market maker who abuses their market making obligations and manipulates stock prices for profit. They are the firm the less than reputable clients trade through when they want a “job done” and this enforcement case, despite the paltry fine, illustrates their willingness to avoid the rules.)
In order to continue rising and hold the price, we need to stair-step upward with a pause each time to allow people to sell off and bring in new investors at the new levels. A quick rise typically brings a pull-back and profit taking. In order to hold, we should pop up 10-25% and hold for a week each time.
Best to all TRUE longs!
The indicators are slow moving but appear to be moving up...RSI is just below 50 and slow moving.
Think we may see a FOMO end of day push.
Best to all TRUE longs!
RSI almost to 80...Bolli bands are trending up and may be squeezing. We are seeing selloff due to the 65% rise yesterday along with the likely departure of some who were slightly underwater on the stock.
Another hour or 2 will confirm if these indicators are indeed strong enough for another run up
train, IQST has taken steps to prevent any takeover or buyout potential by larger entities. They are well situated to become a powerhouse.
We are heading up, but with each vertical run, those who have held for a long time will bring sales of shares by those who do not have long term vision.
Best to you and all TRUE longs!
RSI is improving...started out above 50, rose over 60, then dropped a bit, now back above 50...let's see if $0.14 is in the cards!
RDC, the markets are picking up, the talk of "recession" is dying...inflation is falling (although I believe it will never make it down to where it was pre-pandemic), goods are flying off shelves, and the only issue to be fully resolved is the supply chain, but that is almost there.
Prices will level off and will become the new normal, and that is due in part to the fact that jobs cannot be filled quick enough - the labor shortage is fueling the uptick, and unfortunately those people hired with the 10, 15, 20% rate increases will NOT give up those pay rates, so prices will normalize above the pre-pandemic rate.
Good news is that sectors like telecommunications are going to start moving again...good news for us.
IQST is well positioned in the recession proof sectors, so once the right eyes fall on this stock, we are going to move up, and quickly...
Best to all TRUE longs!
Let's see what a few hours of trading today will bring...
Best to all TRUE longs!
Nice finish to a rough week...Let's see if Next Week pushes her up more
RSI started around 37 this morning, and signaled upward above 53-ish.
Best to all longs!
"U.S. 'not likely to tip over into recession': Morgan Stanley economist"
I mentioned this recession garbage a few times stating that these high priced gurus are no better than anyone else at foreseeing the future. There will be no recession when inflation is abating, travel is getting hotter, people are spending like there's no tomorrow and goods are flying off shelves. IMO, this is the transfer of wealth cycle that they are trying to maneuver people into.
The market is going to rally, and many stocks will move. The fear they have tried to instill in the public so they sell stocks and push prices down is a false fear.
Best to all longs on this baby!
stock investor...why would Sauerkraut wait at all? When I see posts that are contradictions, I tend to ignore as they are likely here to drive the price down, either for themselves or a group.
Why would anyone put in a buy order for a company they consider to be a scam? Answer: they wouldn't.
So that leads to the fact they are here to push the price down for their own (or a group's) profit.
Best to all longs!