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.
Two things I am looking to see with the Q1 on 5/15 are if they are still green with profit and are they repaying the note to M2B. M2B has a 22 million share convertible note at .11. Pretty sure after their financing deals LDA is off the table.
HOLO bouncing everyday from 2.50-3.00
Notice of effectiveness filed.
Traded 4x the O/S's today. Looking very promising this is the bottom.
Been watching the last week. Always a nice run in the AM then retraces in the Pm. Picked up some at 2.36 for the AM run. Going to give it a shot.
And what might the new acquisition be? There has been no indication of what it is or if it will happen. They are running out of financing options. LDA gone, Option is gone if it maintains this price level, so what is left? Raise the A/S's and do convertible notes. Once again they have potential but they are not running the business in a smart manner.
I must say after scanning thru it there is nothing new.
Is this the same as when you were bashing it?
which stock please
Still waiting for them to exercise the option. That will take it back down.
Do you think they figured out how to install that spring yet.
Never marry a penny stock.
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.