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Revi Cheetah looks like something iQstel could match.
I had a 71 Charger that came with a 440 4 Barrell. Wish I still had it, fun to drive.
I agree, I like the style as retro as it may be. They should know what their market calls for.
Maybe we are a "couple" of design iterations away from LiveWire, but apparently the faux gas tank is not so uncommon.
https://www.cycleworld.com/story/motorcycle-reviews/2020-harley-davidson-livewire-road-test-review/
World Fuel Services does look interesting. If it is not them then it looks like a good company to approach. Looks like a lot of potential storage options perhaps stationary and mobile that could use the IoT device.
Just looking at what this one does, with all the fuel transporting, it makes me wonder if the iQStel Blockchain product "Settlement & Payment Marketplace", might be another good product to cross-sell them, or to any such companies really.
Settlement & Payment Marketplace was said to be designed for settlements of telecom services. Maybe it could be used for other transactions, like fuel sales too?
Good points, I just see those ideas as a way they could build the confidence to get the share price up. There are other ways such as profitability, etc.
You may be right, I am just looking for ways to assign value to each product area they are in.
In one sense it would help to know potential revenue, but in another sense, some of their plans such as EV and iOT could have enormous potential.
For example, some EV companies vehicles will include options that provide monthly income after the sale. Does iQstel have any such plans?
And the applications for iOT products is only limited to their imagination. I would bet that other products are at least on a draft board, but we may have to wait until products are developed to hear about it.
Thanks - I look forward to any good updates they may provide.
And I agree as well.
When I first got in, they were still fighting with toxic debt and they were a good ways away from profitability.
They have done a great job rising from all that, and more. I am very impressed with their actual results thus far, and I have an excellent unrealized return to show for it right now. Thank you iQStel.
All the other quirks can be resolved, and as you suggest perhaps a good I bank is the cure.
BTW, for a company that can be applauded for its shareholder communication, they are really not near forthcoming enough to convince further share price appreciation as is evidenced in the current market price.
Potential is great, but people will only invest as far as they can see that potential and the company has just not laid out a clear enough path yet. IMO, again, as evidenced in the share price.
But they have shown a lot of great progress on a lot of very important metrics. I just don't know if they can't tell us more, or choose not to, but obviously I do like this company a lot.
Love to see that!
They just issued shares to meet Nasdaq requirements, so unless they have some meaningful profits I believe they would be unable to buy back any meaningful number of shares.
And that's a shame as we would wish they could do that while prices are still under $1.00.
But I like the idea. I also like idea of a token dividend, but as suggested it would almost certainly need to be sub penny, and I don't know how common a practice that is. And it shouldn't be done unless it comes out of actual profits, IMO.
The share price is making a slow climb. As long as that continued, and steadily so, we should be just fine.
Other than that, if the company could (and would) put out some concrete data, I believe it would really get the ball rolling for share price.
i.e. give us some production numbers on EV, and expected sales, and back it up with contracted dealership data.
Also, how many produced in first batch? Is another batch already in production? How many?
Or name the Smart Tank Fortune 500 and release information about expected revenue. News of expanding the product with them or another company would also be great.
Where is Fintech? Where is MNPA? Where is investment bank?
Did the $6.7 revenue in January include anything from Smart Biz? How much? Last monthly report was $6.5 I think, before Smart Biz.
I could go on and on, but more specific details are needed for those like myself that wish to set a reasonable valuation of a company's worth. Right now, I think its worth more than for what it trades. But how much more is very difficult to determine until we get more data on what each division can contribute.
Valuation on price to sales may indicate an undervalue, but eventually we need to know what the company can earn. If nothing else, improvements on telecom margins could really help increase a determination of a fair market value.
A good part of this one is on IQST. Despite the title, they thought IQST might have bottomed already. Looks enlightened with today's run.
Yeah too bad we didn't get to hear Brad. They all spoke plenty well. Tony with a bit less of accent but each were a pleasure to hear.
Also, Panama will be a hub for EV motorcycles.
Of course its always moving targets but with telecom at maybe $90 million then if the other divisions were 40% of the total then maybe talking about a $150 million company? I assume that meant by the following year so, and the longer term goal is much higher.
And they could always add to telecom too, so there's that.
R/S seen as an undesirable last result, and apparently not on the table for now. The do really want to upgrade from OTC though, but confident they can do with no R/S.
No mergers with other companies planned.
BTW - appreciation to Alpha Status for hosting and opening that up to us.
Audio was better at some times than others. Here are the points that made the most impact for me - refer to the source, I may have misheard.
As expected, like Knux said, no major news announcements.
Fintech launch this quarter.
Smart Tank alive and well, could be a big announcement coming. I understood them to imply this announcement could be the trigger to get the share price up to Nasdaq requirements. Seemed pretty excited about this.
Profitability this year, maybe not necessarily this quarter though.
Expect telecom margins to continue to improve. That's huge to me. And once non-telecom business are going they should be 40% of business and with much higher margin.
Goal to be $1 billion company over next few years.
Also, sort of like Knux said, I would like to see them do shareholder calls at the quarterly announcements.
Leo start off, hear from CFO and others, take questions.
IDK, they said expect to close, so I'm wondering if that part is where the shares came from.
"In conjunction with the strategic financing initiative in excess of $50 million and approved by our independent Board of Directors (BOD) that has been disclosed in my previous communications, we expect to close on an initial $2.75 million before the clock strikes midnight on New Year's Eve."
As for what's going on, I'm wondering if it's the 5.7 million shares sold, presumably to produce the $2.75 million needed to meet Nasdaq requirements, are being sold out into the market.
If that's what it was about, and nothing else, then the shares may have been sold at around $.50. If the buyer wanted to cash out quickly they would be selling at whatever prices they can get, but hoping for prices over $.50.
It could take a little while to work through, but I would think it could get worked out with enough time and volume, and eventually let us get back to normal.
On the EV bikes, all the pictures I see do not show more than 11 bikes, as best as I can tell. Maybe there is a hundred more built, or not, we just don't know. All 11 bikes would do is make a showroom piece in just a few dealerships I would think.
It would be interesting to know the real number produced, but maybe more importantly have they started building the next batch? If not, when do they plan to start? How many? How many can they build in what time frame?
Are they taking pre-orders? How many orders? Etc. Etc.
Similar to MM I would like to see a PR with more details on this and other projects. Some amount of propriety data is understandable, but solid updates are what it will take to get the share price up, and they do want that to up list they say.
Well I posted some Peter Lynch quotes a few weeks ago, so I'll put that back up if you like.
Peter Lynch quotes to get you through the day:
“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.”
“Whenever you invest in any company, you’re looking for its market cap to rise. This can’t happen unless buyers are paying higher prices for the shares, making your investment more valuable.”
“Big companies have small moves, small companies have big moves.”
“When you sell in desperation, you always sell cheap.”
“If you can follow only one bit of data, follow the earnings—assuming the company in question has earnings. As you’ll see in this text, I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.”
“Remember, things are never clear until it’s too late.”
“It takes remarkable patience to hold on to a stock in a company that excites you, but which everybody else seems to ignore. You begin to think everybody else is right and you are wrong. But where the fundamentals are promising, patience is often rewarded"
https://www.goodreads.com/work/quotes/748554-one-up-on-wall-street-how-to-use-what-you-already-know-to-make-money-in
I'll give you two ways to look at it, maybe there are more.
The first is that it's just normal supply and demand in the market. Overall conditions are negative for a lot of stocks and industries and the all boats rise or fall somewhat together with the tide.
The second, if you choose to see some strategy in it, then:
The stock consolidated, bottomed out. Pretty much everyone that would sell was eliminated.
So the price runs up, no one wants to sell.
Then it drops way back, people start thinking - Dang! I should have sold.
Then what happens when it runs again? Maybe some hold, maybe some say I'm getting out this time! Another way to get people to give up shares.
Psychology.
Thx Joe!
Good points about the guidance they need and should get. Also, it reminds me that I am intrigued by their comments regarding their EV systems. They hint to having more that they are bringing to the table instead of just another EV vehicle.
Maybe something in the communications area or such, built on their Smart Gas/Tank technology? They seem to suggest they have something unique, and that could make a difference in competition. IDK, but its an interesting angle I think, and there must be something special to win those awards.
And also, very encouraging that the motorcycle is said to be just the first EV product in the works.
Of course the other question is do we want to see you in Knuxandro makeup?
Thx, I’m looking at the growing company we see.
Thx
This is what I think, take it FWIW because I have no more idea than you and may be totally incorrect.
I don't see this as a bank loan type situation with an interest rate, and thus the company remains essentially debt free. I think IB funding will be in the form of shares issued at whatever price they negotiate. Presumably somewhere in the range of market price, or a bit lower.
This would mean that if iQSTEL sees an acquisition it can make that adds another $15 million in revenue such as Smartbiz for example then they will be able to sell shares on the $60 million to do that.
The Smartbiz deal involved paying $1 million in stock to the owner, restricted with a holding period of 6 months. This bought 51% of the company.
With the $60 m IB deal (if finalized), the company will be able to purchase another company with cash to the seller, instead of stock, but stock would be issued to the IB to receive the cash. What that allows is on orderly method for M&A, and perhaps the means to buy 100% of a company, a bit easier. (Or using a mix of stock and cash to get 100%)
Now that does add some shares, just as the Smartbiz deal does, but this company has a pretty good record for getting the value out of its purchases. In other words, what is lost to us in a bit of ownership stake should be far outweighed by the increase in revenue, and EPS. In short, your shares are potentially worth more as a smaller stake of a much larger company, with the smaller stake being worth much more than it was before the deal.
Also, notice a theme here. Smartbiz holding period is 6 months, and iQstel expects to up list in first half of 2022. They are trying hard to not add shares before an up list. They did add a few million recently, but it was apparently absolutely necessary to expedite the up list. (presuming that is what it was for).
And the IB deal is said to be contingent on up list. That might be saying the IB won't fund until iQstel can prove an up list, but another way of looking at it is to say that the company is telling shareholders that they won't sell shares to the IB until after an up list is achieved.
That could be to ease concerns over shares issued, but it could also be a way of saying that we won't use this option until the share price is much higher thus we get more for the shares; and we won't sell a lot of shares in the market for M&A like this until we are on a better market (Nasdaq) where liquidity is better, more eyes are on us, and perhaps more interest from larger players like institutions, all of which should help support the price.
So all this seems to fit to me, with the remaining question being how do they reach the prices needed to get into Nasdaq over the next few months. As many have said, we just don't know all the cards they are holding but IMO you can bet they will be wanting to get it done before the Smartbiz shares unlock and they will also want to get it done ASAP to get to that $60 million.
I can't tell you what the share price will be in a few months, and I don't know if the company has any "ace" cards coming to make it happen. But I would say to anyone to not think we can't see a share price go from under a $1 to up list levels in that time frame. It happens, and has happened many times with other companies. I'm with Crawfors in thinking that an actual report of positive earnings could break us out, especially if it was a lot more than anyone may have expected.
But that's not all the potential here, as a big Smart Tank deal or more details about EV's showing that they really can tap into a market could emerge - or huge orders. Not to mention the Blockchain and Fintech options.
They tend to be heavy on major announcements and light on details, but I would say look out, if and when, they lay out a clear path to success with more details.
I said it before and will finish that way, this is just how I picture it, and I may be wrong. But keep in mind that if the IB deal is structured in this way then it likely won't be a huge $60 m influx, but rather just used as needed as the company grows. If you see a few more shares sold then it will likely be accompanied by another announcement of another acquisition that will send us to new revenue levels, and so it goes until the $60 m is used up, or a new deal is made.
If they don't find a good acquisition, they won't do it. They could never even draw on the funding option at all like that. But I'm sure they see lots of opportunities, and don't forget that they are looking for immediately accretive additions, like Smartbiz, that will immediately add to the bottom line and immediately add to shareholder value.
JMO's
Start at about 8:00
Wow, Smart Appliance Product of the Year two years in a row. Congrats iQSTEL!
That can only help as they may try to market Smart Tank to others.
I count maybe 10 in the front row. Not sure if that's more in the back or something else.
Maybe we will get an update this week, Q1 2022 is underway!
Despite the pullback, here is a milestone I think Joe mentioned was coming a few days ago.
https://www.investopedia.com/terms/g/goldencross.asp
More pictures on youtube.
? A Youtuber mentions the company.
A brief update for today at 3:00
TY - We know that they and hundreds of other companies wish to up list or "intend" to up list. The takeaway (for me) is that this is may be some evidence both in their ability to do so, and to do so within their most recently stated timing.
Guess I'll reply to myself, but actually the $2.75 million in 2021 makes perfect sense now that I think about it.
Just MO, but it looks like they need a minimum stockholders equity of $4 million to qualify under Nasdaq requirements and the last SEC filing is just a little over $3 million.
With them needing to add stockholder equity to show for 2021 may mean that Nasdaq looks at the SEC filings to make their determination, and if this is so then the earliest they could up list could be as of the next filing, and that won't be out until mid April, and only if it qualified.
Of course, the other part of the listing requirement is getting the share price up to at least $2 and for 90 days. So apparently the company and the investment bank believed that would not be problem by mid April and wants to be sure they are all set on the other requirements by then.
And if we saw $4 by April we would be all set to apply to up list immediately at that point I assume. IDK if we can make it to $4, but picture what millions in funding could do for M&A activity, and projected revenues. Only they know what's coming.
The alternative being to wait just one more month until Q1 2022 shows in mid May. So perhaps the inference here is that they fully expect the share price to meet the requirements by April. You could say they are just getting prepared, but they must have felt strongly enough about it to want to close on (likely) more than enough to meet the equity requirement by April instead.
This is just my thoughts, take it as you will or won't, but that's what makes sense to me.
https://listingcenter.nasdaq.com/assets/initialguide.pdf
I re-read the letter, and I think all they expected to close on was $2.75 m by midnight New Years eve. Maybe they did, maybe they could have tweeted that, or maybe they couldn't until the bigger deal gets done. Would we have been better off if it never even was brought up? Maybe, its par for the course with them.
Anyway, it was said that the $2.75 m was to get 2021 financing up to Nasdaq minimum compliance standards on shareholder equity for up listing. I don't know why that timing was important somehow, but they and the investment bank must have seen some advantage to getting that ahead of the bulk of the deal. The inference being that the $2.75 m coming in 2021 could somehow expedite the up list process.
Did it happen? Maybe we find out Thursday. But the stock going on a nice run and then a (brief) pull back is healthy. I would much rather that the weak hands and day traders be kept to a minimum. Also, maybe we stand a better chance to gain on the news instead of sell on the news, since we already have a substantial pull back and presumably tossed some of the weaker holdings.
I think they could do a better job with PR sometimes. I posted last night about them needing to update their websites, as I have mentioned before. I retracted the post to give them a little more time, but also I may re-write it and send directly to the company instead. They are the ones that need to take any action, if they can.
For now I assume it is in the works, and "coming soon". There may even be competitive concerns to reveal some things too early, but I am eager, as likely many of you are too, to see this company move from "launch" stages for its products to full blown roll outs.
Looking forward to a great, and per their information, a profitable, 2022.
Falling Forward has another video out today: