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Today’s interview with our CEO, Leandro Iglesias, in The Ritz Herald was packed with exciting updates for iQSTEL! Here are my top two takeaways: Massive Revenue Growth: iQSTEL is projecting a nearly doubling of revenue in 2024 to $290 million! This is a significant jump from 2023’s $140 million, driven by both our core telecommunications division and new business ventures.
QXTEL Acquisition Impact: The QXTEL deal isn’t just a win—it’s a game changer. It’s expected to play a crucial role in hitting the $290 million target for 2024 and positioning iQSTEL among the top global telecom providers. Let’s keep an eye on what’s coming next—this is just the beginning! https://ritzherald.com/interview-with-leandro-iglesias-ceo-of-iqstel/
Rather, there was just one CEO who left 45 days ago and now has an interim management company with expectations to replace themselves with a new CEO after the 90 days is up. So far, they have filed all financials past due and are starting the news again. That better than the six-month hole of nothing and late financials we had before. Let's see if they can get EDXC together for a new CEO - TBD!
Perhaps the new CEO, Davis (who has tanked ASTA), started accusing B. List of all kinds of things in 2019. Nothing was ever found. There were no investigations, no criminal charges—NOTHING. And it looks like they settled their lawsuit, which you don't do if there is a there, there. In today's times, anyone can make accusations and smear people. Shame. I wish ASTA people would get off this board and stop trying to hurt EDXC.
True - Twitter is full of people lying about other people and getting away with it. The question is, is there any truth to the statement? Brian has been "pumping" the stock for a long time. And at one time he was listing himself as a compliance officer and obviously communicating with the company on a regular basis. Seems like a conflict. 🤷🏻♂️
Big news from iQSTEL! Just filed an 8K today. Here are the key points:
2023 Revenue: $144.5M
2024 Revenue Forecast: $290M
QXTEL Acquisition adds $60M
Lynk Telecom Acquisition in progress
Nasdaq uplisting plans
$1B revenue goal by 2027
Exciting times ahead! 💪📈
You said, "I got no more to say" last time. Then you said more. LOL. Personally, I wouldn't want the job they took on. It appears that they were handed a bunch of problems to solve, based on today's Q filing.
Focus yourself. You might be new, but most of us are happy to see new blood in management. These guys are temporary at best. Let's see what they can do in 90 days. New management is not a step backward—yet. (We are definitely waiting to see if transparency finally happens as promised.) Oh look - a Q was filed ...
It looks like Q1 was filed, and hopefully, they can get Q2 done before the deadline. Sales increased, but the company's debt is ridiculous. Most of the debt is locked up - some convertible. HYLA sales def trending up. I need to see Q2.
Questions: Khalad lawsuit? CBDUnlimited out of Walgreens and why? HYLA Sales previously announced and current sales? Where is the audit? Where is the update on the audit and missing Q filings? These are the main questions.
Ignoring individuals with high school level obsessions, the main question is: Can we receive an evaluation of HYLA sales and distribution? I am currently reaching out to the listed emails to secure a response. Stay tuned!
https://www.linkedin.com/in/bradlistermann/ and https://www.linkedin.com/in/eltonjohnsonandamerivet/
Comprehensive Management Support
From PR:
In addition to Brad's leadership, SIF will bring a team of experienced consultants to support Endexx's management. Among these consultants is Lt. Colonel Elton Johnson Jr., a highly decorated war hero and the founder of Amerivet Securities. Lt. Colonel Johnson, who holds Series 7 and 22 licenses, specializes in deep-diving financial operations and will provide invaluable expertise to strengthen Endexx's financial strategies.
Collaboration and Future Goals
Brad and the team at SIF will work closely with Endexx's Board of Directors and under the feedback of shareholders, whom Brad recognizes as his true bosses. This collaboration aims to align strategic objectives, drive innovation, improve market engagement, and enhance shareholder value. One key goal is to find a full-time CEO for Endexx in the future, ensuring the company's long-term stability and growth.
Sounds like a movie script! Apparently, SIF, Inc. is the consulting company that the EDXC Board hired, and they also have Lt Col. Johnson Jr. (impressive) on board. Frankly, anybody is better than before. It's a 90-day gig to find a new CEO, according to the PR. Let's see how they do!
🐕️ Bark, little doggy! Investors, there is a little yapping dog on this IQST board that is precisely that: an annoying little barking dog. Yap, Yap, Yap. Kick it out of the way and ignore it. iQSTEL has some challenges, but meeting or beating revenue estimates and increasing overall financial metrics toward profits is not one of them! Focus on continued EPS growth and better margins.
Hey everyone,
I just saw today’s news – iQSTEL's going all out with a plan to hit $500M in sales and uplist to Nasdaq.
Transitioning to a unified operation
Kicking off an investor roadshow at the Emerging Growth Conference on July 17th
Smashing it with Q2 revenue up to $77M (49% increase from Q1)
Lynk Telecom acquisition to boost our revenue by $20M
This is HUGE. Time to buckle up – our stock's headed for a serious ride IMHO! 📈💪
Let’s go IQST!
The skepticism is hilarious considering they've met or beaten every preliminary projection and estimate they've made so far. There's not one person here that truly believes it they won't hit it again. Seven figures positive cash net net net.
100% - they can cut the fat and boost sales.
Hey folks, just wanted to clear up some confusion about the latest iQSTEL news. This is actually great for us! By merging all the subsidiaries, iQSTEL is streamlining operations and cutting costs, which means more money saved and better efficiency. This also means customers will get a smoother experience, making them happier and more loyal. Plus, a bigger, unified company has more market power and can attract better deals. All of this adds up to higher profits and puts us in a better position for the Nasdaq uplisting, which can drive our stock price up. So, let’s stay positive and support these smart moves!
Leandro clearly and honestly spoke to the shareholders biggest concerns. BTW, The best part of your posts are how no one's listening. It's like the madman on the corner ranting and raving that nobody pays attention to and just walks by. Thank you for the entertainment. 😀
Hey fellow shareholders,
Just a thought—while we often talk about shorting and market manipulation affecting IQST's stock price, there are a couple of other factors at play. For one, the company hasn't invested heavily in IR or PR, which might be limiting visibility to potential investors. Also, being on the OTC Markets, which is smaller, doesn’t exactly put us in the limelight. Bigger trading platforms like WeBull don't deal with OTC stocks, even those from OTCQX.
But here’s a kicker: iQSTEL has just confirmed plans for roadshows and increased investor relations activities following their upcoming acquisition announcement. Personally, I think this could really boost our stock price. If they start ramping up their outreach, those of us holding on could see some serious gains. My take? It’s a BUY and HOLD situation. Just my two cents!
There are some individuals on this platform who have made over 700 posts about a single company and all of them are negative. This speaks volumes in itself. To all the short bashers out there, bring it on! If your stock is being bashed, take it as the ultimate compliment. Don't waste your time, just report these traders who are trying to manipulate the market and keep them where they belong.
Response to "Snow": Unveiling the Real Motives Behind Misleading Claims
Hello "Snow" and fellow investors,
It’s important to challenge the misleading narrative you've been promoting and to clarify the real facts with precision:
1. Profitability and Revenue: It's a misinterpretation to say that iQSTEL’s 100% revenue increase doesn't imply profitability. The company has efficiently converted increased revenues into profits, thanks to strategic financial management and operational excellence. Growth at iQSTEL is not just about bigger numbers; it's about smarter, profitable operations.
2. Capital and Debt Strategy: The notion that increased revenues merely lead to higher debt and risk is an oversimplification. iQSTEL invests strategically in assets that drive higher returns, managing debt wisely to fuel sustainable growth. This isn’t haphazard; it’s strategic and calculated to secure long-term benefits.
3. Risk Management: Claiming that rising revenues inherently increase risk misunderstands iQSTEL’s strategic approach. Every expansion move is backed by detailed risk assessment and financial analysis to ensure sustainable growth.
4. True Financial Health: The financial strategies at iQSTEL are proving their worth, not just in rising revenue but in significantly enhancing market position and profitability through well-planned acquisitions and operations.
"Snow", your continued focus on casting doubts with generalized assertions points to a clear agenda. It’s obvious that the motive here is to sow uncertainty where there is none, which serves those with short positions. There is zero reason for a genuine investor to undermine their own investment unless there’s an alternative motive at play.
Let's keep our discussions based on factual, comprehensive analysis and support iQSTEL's journey with informed and constructive dialogue.
Best regards,
A Vigilant and Informed iQSTEL Investor
🎯Deeper Dive into EDXC's Forward-Looking Strategy & Why It's a Buy
Hello fellow investors,
Following up on my previous post about why I'm buying more EDXC shares, I want to provide a more detailed analysis of Endexx Corporation's forward-looking statements and the strategic steps management is taking. Here’s why their approach should bolster confidence in the company’s long-term growth prospects:
1. Financial Health and Recent Achievements: Endexx recently announced a significant distribution deal worth over $348,000, indicative of strong product demand and market penetration. This deal isn't just a one-off but is expected to be the first in a series of quarterly orders. Such agreements are crucial for steady revenue inflow, which is key to financial stabilization and growth.
2. Expansion Strategy: According to the latest financial statements, Endexx is aggressively pursuing expansion both domestically and internationally. This includes entering new markets and expanding the distribution network for HYLA products. Management’s focus on scaling operations efficiently could significantly increase the company’s market share and consumer base.
3. Investment in Innovation: Endexx is heavily investing in R&D, particularly in the development of its proprietary non-nicotine vape products. The emphasis on innovation not only helps differentiate HYLA products in a competitive market but also caters to a growing segment of health-conscious consumers. This strategy aligns with current health trends and regulatory shifts towards safer consumer products.
4. Strengthening Brand Presence: The transition to HYLA and rebranding efforts are strategic moves to strengthen the brand’s presence in the wellness industry. Reinforcing brand identity and aligning it with health and wellness can enhance consumer trust and loyalty, which are vital for sustained growth.
5. Forward-Looking Financial Projections: Management has expressed confidence in the financial trajectory of the company, forecasting increased profitability as new agreements and expansions take effect. The optimism is based on solid market research and the expected positive reception of HYLA’s expanded product line.
6. Addressing Market Needs: The shift towards plant-based and health-centric products is not just a trend but a lasting market shift. Endexx's strategy to align its product line with these preferences positions it well to capitalize on these evolving consumer behaviors.
These elements detailed in the latest financial reports and management’s discourse suggest a clear and actionable roadmap for growth. The current stock price, in my view, does not fully reflect the potential upside from these strategic initiatives. For those looking at the bigger picture, the present seems an opportune time to consider bolstering your investment in EDXC.
Let’s discuss more on this and share insights!
Best,
Fellow EDXC Shareholder
Follow-Up Post: Addressing Concerns Around Dilution at iQSTEL
Hello fellow investors,
In addition to my earlier post, I want to specifically address some ongoing concerns regarding stock dilution at iQSTEL. It’s important we approach this topic with a clear understanding of the broader context.
Dilution Concerns Explained:
Dilution, while often viewed negatively, is not inherently detrimental. It’s a common strategy for companies seeking to fuel growth through acquisitions or expand operations. Here’s what you should know about iQSTEL’s situation:
1. Purpose of Dilution: The recent dilutions have primarily funded strategic acquisitions like QXTEL, which have significantly boosted our revenue streams and market presence. These are not arbitrary decisions but calculated moves to accelerate growth and increase shareholder value in the long run.
2. Comparing Growth to Dilution: Yes, dilution means more shares in the market, but let’s look at the numbers. Even with a hypothetical 20% increase in share count, our revenue and profitability growth outpaces this dilution. In Q1 2024 alone, we’ve seen a revenue increase that more than compensates for the dilution, with over 100% growth year-over-year.
3. Long-term Benefits: It's crucial to evaluate dilution not just in terms of the immediate increase in shares but also through the lens of long-term gains. The acquisitions made possible through this strategy are projected to drive higher revenues and, consequently, greater earnings per share in the future.
4. Investor Confidence: Management is deeply invested in the company's success, aligning their strategies with shareholder interests. The decisions leading to dilution are made with a strategic outlook to enhance the company’s valuation and market position.
As investors, it’s vital we look beyond the immediate implications of dilution and consider the strategic benefits that these decisions are intended to bring. iQSTEL is on a clear path to significant growth, and each step, including dilutions, is taken with the goal of achieving our $1 billion revenue target.
Let’s continue to support our company as it scales up and secures a stronger position in the competitive tech and telecom markets.
Thank you for engaging in this crucial discussion.
Warm regards,
A Concerned iQSTEL Shareholder
🎯Rebuttal Post: Setting the Facts Straight on iQSTEL🎯
Hello everyone,
Given the recent discourse surrounding iQSTEL, I feel compelled to clarify some misconceptions, especially those spread by certain posters like "Snow," who seem intent on driving down our stock under the guise of concern.
1. Financial Health: iQSTEL is not "barely profitable" as some suggest. Our Q1 2024 revenue exceeded $50 million, demonstrating a 100% growth from the previous year. This significant increase is evidence of our robust financial health and strategic execution.
2. Strategic Growth: The integration of QXTEL has already proven fruitful, adding considerable value and revenue. With another major acquisition in the pipeline, iQSTEL is well on its way to achieving its ambitious $1 billion revenue goal.
3. Investor Sentiments: Discussions about potential gains are typical among shareholders. Wanting to see a return on investment does not diminish our credibility but reflects a sound understanding of iQSTEL’s growth trajectory.
4. Addressing Market Manipulation: It’s critical to recognize the tactics of individuals like "Snow," who appear to be spreading fear to manipulate stock prices. Often, these posts are not from concerned shareholders but from short-sellers looking to profit from a decline in stock value. This strategy involves casting doubt and using negative rhetoric to drive down the stock, enabling them to buy back at a lower price. Such tactics not only mislead genuine investors but also harm the company's reputation and hinder our collective investment returns.
Let's remain vigilant and discerning, focusing on verified facts and supporting iQSTEL’s forward momentum. It's essential we don't let manipulative tactics sway our perception and devalue our investments.
Thank you all for staying informed and committed to our shared success.
Best regards,
A Supportive iQSTEL Shareholder
iQSTEL (IQST) Surges Ahead 🔥 Catch the Momentum!
Hey traders,
iQSTEL (IQST) is surging ahead with major new acquisition coming and still seems undervalued! 🚀 Quick highlights:
- Stellar Growth: 100% YOY growth in Q1 2024.
- Strategic Moves: Just added $80M with QXTEL, more exciting news on the way!
- Undervalued Gem: This stock's potential is just beginning to unfold.
Check out the full strategy and growth potential here: [Markets Herald Analysis](https://marketsherald.com/iqstel-inc-s-accelerated-path-to-1-billion-a-study-in-strategic-growth/)
Could IQST be your portfolio's game-changer?
#Investing #StockMarket #GrowthStocks #TechStocks #OTCQX
Alright, folks, let’s cut through the noise and get down to the nitty-gritty. iQSTEL just made a play that’s got the whole trading floor buzzing - snagging a solid 51% of QXTEL. 🎯💥 This isn’t just about adding another name under their belt; it’s a calculated chess move that’s setting them up on a fast track to hitting that juicy quarter-billion revenue mark and edging closer to the Nasdaq dream.
Why does this matter to us?
- Cha-Ching Factor: We’re talking a cool $20M more every quarter. Yep, you read that right.
- Nasdaq’s Calling: Double the net equity means they’re one step closer to making the big league.
- World Domination: They’re not just expanding; they’re strategically placing their pieces across the global board.
So, what’s the play here? iQSTEL isn’t just expanding; they’re making a beeline for the top. If you’re not keeping an eye on this, you might just miss out on the action. #iQSTEL #SmartMoves #WatchThisSpace
Okay - I hear sales are way up on HYLA and new management is coming. Thats positive. Let's see!
You don't need it. At 51%, you get to book all the revenue and assets already.
LOL. Better than just a bunch of sour holders posting the same negativity all day. This keeps things more entertaining! 😅
Except they filed an 8K on it saying it wasn't their fault. That's serious if untrue. Also, they put out multiple statements blaming the auditors. Unless auditors make a counter statement, we must believe them because that is a serious allegation.
The structure is completely different than Apollo. And if they make another big acquisition with the money the size of QXTEL It's a minor amount of dilution at best for a major revenue grab. Not to mention assets and other strategic alignments. These guys deserve a little more trust after what they did with the money previously. IMHO
Hey folks, just caught wind of the latest scoop on iQSTEL from their Ambassador group and gotta spill it here:
Fresh Financing Strategy: So the new financing plan is aimed at minimizing the dilution for us shareholders the way it structured. But the important thing is ...
Expansion on the Horizon: Looks like they're pooling funds to snatch up another biz, much in the vein of the QXTEL acquisition. Expecting a growth spurt from this new acquisition, mirroring the success story of QXTEL. Seems like we're on the brink of some thrilling developments.
Wanted to drop this info here 'cause it's shaping up to be a promising phase for us holding on to those shares. iQSTEL's strategy to widen its horizons while keeping our interests in mind is something to watch!
Here's the whole shareholders letter: Dear Shareholders,
We understand and acknowledge the concerns raised regarding the recent financial instruments we've implemented, specifically the options agreement and the convertible note. Your trust in us is paramount, and we aim to provide clarity and reassurance regarding our strategic decisions.
Firstly, it's important to clarify that the note in question has a 12-month maturity, not six months, marking it as bridge financing aimed at supporting our rapid growth and strategic acquisitions. A critical aspect of this arrangement is our obligation to file an S-1 registration statement, with a deadline set for January 2025. This requirement is a standard procedure, designed as a safety net rather than a predetermined course of action.
Our confidence in our ability to repay the note, thereby avoiding conversion, remains unwavering. The registration is merely a precautionary measure, not an indication of our intent to dilute shares unnecessarily. The option agreement, offering a 30% discount to the market price, not $0.11 as perceived, provides us with flexible capital for opportunistic acquisitions that align with our growth trajectory.
We recognize that sometimes misconceptions about these instruments can have an impact on market sentiment and, ultimately, our shareholders' value. Our commitment to utilizing these options judiciously, ensuring any action taken is gradual and considerate of market dynamics, is unwavering. For a company of our scale, with a revenue projection in the quarter-billion-dollar range, the involved shares represent a minimal fraction of our overall financial strategy.
Our decisions, including this financial maneuver, are made with long-term growth and shareholder value at the forefront. We anticipate future announcements and developments will shed further light on our strategic direction, reaffirming our commitment to responsible growth and value creation.
We thank you for your continued support and understanding. Your trust is the cornerstone of our success, and we remain dedicated to navigating our growth path responsibly and transparently.
Sincerely,
IR Director
iQSTEL
Guys, let's not hit the panic button! Just got word from iQSTEL about the recent financial moves:
- 12-Month Bridge Financing: This isn't just any note; it's strategic financing with a clear plan.
- S-1 Registration: It's just a safety net, not a definite move towards dilution. It's standard practice, folks.
- Repayment Confidence: iQSTEL is all in to repay this note within 12 months. No plans for automatic dilution.
- 30% Discount, Not $0.11: The deal's discount is based on market price, way better than rumors suggest.
- Strategic Growth:10 million shares? For a company aiming at quarter-billion in revenue, it's a small tool for big growth.
Stay tuned, more good news is on the way. Let's trust the process!
The CEO company has multiple public companies and their MO is to sit on the public company for a couple of years letting all the sellers shake out before infusing it with his new college research-based company. Sight tight!
According to the company, financial should drop any day now. I'm expecting after that we'll finally get some major news. Let's see! IMHO
Here's the link to watch the full shareholders meeting for anybody who missed it. There's some good stuff here: https://central.virtualshareholdermeeting.com/vsm/web?pvskey=IQST2024&FBCLID=IWAR0AZW2AT__TAIEOLI2PMHXTKPFNSFD_QCOHSPFINTBCDNXS5TKICVIPXJG
I think the big news was they purposely re-focused last year on Telecom only and the QXTEL acquisition. They expect 2024 to be the year for revenue and growth for subs like IoT, EV, and Fintech tech. They expect continued Telecom growth through organic and acquisition growth in 2024. They might even double revenue again. The goal is to get to a profitable 1B revenue.