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Huge ask, No bid. Not looking good.
10Q due today. Probably after hours since there is a Q&A on Facebook. How much selling today should give you an idea of what it will be like. MM's already know.
Not looking good for the Q with all sales. Been nothing but sales for about a week now. I believe a lot of it is dilution with OTCN always on the ask but never buying.
Nice opening. Would be nice if those downward gaps filled Instead of just the ones that gap up.
Not sure of the terms whether the 2nd 5 mil is to help them get to Nasdaq or they need to be there to get the funding. If it is the latter you are correct no funding, Heck they couldn't do it for 60 mil.
Here is a thought if that LDA deal goes thru. Take the 5 million for the acquisition and the other 5 million for a share buyback get the price up for Nasdaq then do a public offering to get the cash back.
Should easily hit .20 with a good Q.
Not today. Has closed green a few times just to take it back plus some the next day.
I agree. Depending on the Q it will either reverse or sink. What is worrying peeps is that they stated they were profitable Q3 then they state they are on the brink of profitability. Hopefully that means profitable for Q3 and on the brink for the year. Have to remember next news is not until April 2024.
Just for now would be a good start then build from there.
If they can at least just break even for the year this may reverse. If not down it goes.
Are they going to start filing again?
Also have to remember the next filing is not until 4/15/2024
If we get a good Q this should run up to at least .20
Antone else notice that OTCN is only on the ask? So who are they selling for IQST or Apollo?
Link please.
Just what I thought.
IoTSmartGas' patented design allows for continuous monitoring of gas levels in propane gas tanks
Not discrediting anything. Correct me if I am wrong but isn't IOT just internet monitoring services?
Yes just the same. I can add one to my tank also for 249 dollars. Also the electric, water companies have been using this technology for years. When was the last time you saw a meter man?
Net loss for Q1 and Q2 combined was 320k. They took a huge hit for fair market evaluation at the beginning of the year. With increase in revenue this year vs last year they should and I repeat they should be able to break even for the year in Q3. Hopefully they do not stumble in Q4 like last year. We will find out the middle of April.
11/15 unless they file an NT.
4 MM's parked on the ask at .20
Every time they hit the ask OTCN lowers it.
Got a 30k wall at .175 can we take it out?
Looks like the next wall to take out is 40k at .16
I think they installed a defective spring.
Only gone 2 hours and you have already ate through that .20 wall also. I don't see anymore below, slow down or we will be back in the double 0's.
Took the wall out at .21 just one more to go at .20
.21 is almost gone. Time to go after the next wall at .20
Keep chipping away only 100k left on that wall.
Two huge walls 80k at .21 and a 100k at .20 keep up the good work and you should be able to take them both out.
Been hearing that for a couple of years.
Got another wall on the bid at .20. Can we take that one out also?
All they need it profit.
35 Million more revenue than last year. Do you think they can make profit with that. I notice that wasn't one of the statements here.
IQST – iQSTEL Announces $100 Million YTD Revenue Exceeding Forecast
iQSTEL_Logo
NEW YORK, Oct. 19, 2023 -- iQSTEL Inc. (OTC-QX: IQST) today announced year-to-date (YTD) revenue through Q3 of $100 million based on preliminary accounting. The 2023 YTD revenue exceeds the revenue of $65 million for the same period last year, in 2022, by 54%. Management expects the company to surpass the previously announced $120 million revenue forecast for year-end 2023.
“We are very pleased to announce the year-to-date results,” said iQSTEL CEO Leandro Iglesias. “Our commercial momentum is exceeding expectations. Our revenue based on preliminary accounting was $40 million in Q3-FY2023. Productivity and efficiency continue to improve and contribute to our overall increasing business value. I am also pleased to inform you that our engagement with LDA Capital for an anticipated $10 million investment as part of our plan to uplist iQSTEL to Nasdaq continues on track. We look forward to sharing more updates soon. We have big goals and expect to deliver big results. We all here working at iQSTEL believe wholeheartedly that the best is yet to come.”
About IQSTEL:
iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly listed company preparing for a Nasdaq up-listing with an FY2023 $120 million revenue forecast. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in today's modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today's pursuit of basic human needs: Telecommunications, Fintech, Electric Vehicles and Metaverse.
The Enhanced Telecommunications Services Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.
The Electric Vehicles (EV) Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Cars.
The Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) includes an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.
The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions. iQSTEL has completed 10 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions.
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 information 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 partly 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. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
iQSTEL Inc.
IR US Phone: 646-740-0907
IR Email: investors@iqstel.com
Contact Details
iQSTEL Inc.
+1 646-740-0907
investors@iqstel.com
Company Website
www.iqstel.com
Mostly all sales since Monday with no updates on LDA. Should be able to break thru that huge wall on the bid by Friday.
300K on the bid. Let's take it out.
Next excuse will be the new war breaking out.
Nice ask. Think we can take it out as fast as we take out those huge bids?
Yep looking like a sell off due to no updates once again. Back to the teens I guess.