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*** Yet they keep growing and are on Target for uplist with Form 10. Oops enuf said.
EDXC Filed a Form 10 with the SEC and it is "Effective" Enuf Said!
Then why didn't your careful observation pick up on the fact that they use the cash to retire debt and then set up their balance sheet with $3 million in the bank for acquisitions? Also, it's interesting how everyone keeps talking about this company like there is zero revenue. They're on track for 60.5 million dollars. The solid evidence of Management's concerns are in their balance sheet and financials. Not in their press releases. The trend line on all their financial show a continuation of increasing all the right numbers by decreasing all the wrong ones. Increased Revenue and margins while decreasing liabilities and removing debt. If that's not looking out for the shareholders I don't know what else is!
I think I'd have to disagree only because they've posted two statements and financials showing that they've decreased liabilities, debt and increase margins in Revenue quarter after quarter. It's not hard to draw a trend line and show that they're headed in the right direction and that these financials are the solid concrete evidence. It's not like we're talking about a zero Revenue company putting out press releases with no backing. The company's Financial show the solid ground they stand on. IMHO
How is their agenda different when all they do is focus on growth? They applied to QB markets while taking cash they raised for acquisitions. What are they missing?
EDXC: Form 10 Filed with the SEC and in talks with Investment Banks. Enuf saidy!
Good news: EDXC Filed a Form 10 and it's being reviewed by the SEC. Should be soon.
I think it's worth noting that their product price point is far below competitors with 300 mg of CBD versus the normal standard 50 mg. But even more to your point, They are rolling out to all the convenience stores with the new value line under $20 as well.
EDXC has huge potential from BlessWell, DJ Khaled CBD line. Running numbers in minimal sales show a potential forward PE of .85 cents a share. IMHO
Technicals look good for a breakout. Buying!
This is exciting news!
How many states is sports gambling legal now?
I'm researching their revenue model. Interesting!
$60.5M projected with acquisitions like fiber optic assets and more coming. Debt elimited and cash in bank $3M. Nope. This is going up. Just a question of when?
The switched from filing only OTC to SEC filings and requested an extension for the CPA. Let's remain calm and if anything, I'm in for more with Khalid and Billboard Awards about to break.
They don't act like an OTC Company at all. OTC companies don't typically remove debt and make Acquisitions that add to balance sheet so quickly. This is a company to hold patiently for 2021!
Endexx and DJ Khaled form a new company and the revenue goes 75% to Endexx. Projecting $100M sales for new BlessWell CBD product according to news sources.
Blockchain, EV Batteries, 1st Quarter says on track for 60M revenue, OTC:QB coming and they are in Acquisition Mode. Let's go!!!
The CEO clearly said in several of the videos that they will never do a reverse split unless it's strictly because the company will be able to move to NASDAQ and has majority shareholder vote.
$IQST ALPP Vs IQST Interesting … take a look, the ALPP 10-K https://www.otcmarkets.com/filing/html?id=14871949&guid=tmjpUe0BaF44k3h and now IQST https://www.otcmarkets.com/filing/html?id=14872556&guid=xujpUaSmWjYy13h Both have 130 Million OS. But ALPP has 4+ times IQST valuation. It seems IQST is way undervalued. Thoughts?
It's really not about the CBD. From what I understand from the available public information, this is going to be an entire skin care line or some cosmetic line for his audience and his fellow influencers to push as well. I think the CBD is truly a secondary issue. No one's going to be buying it because they were looking for a CBD product but because they wanted something that DJ Khaled was pushing.
Yes and with the form 10 and audits filed, there's no getting around they'll be a fully reporting SEC company capable of uplisting. Awesome!
Breaking! DJ Khaled first post on new Endexx CBD Line! https://instagram.com/stories/djkhaled/2551003787785216867?utm_source=ig_story_item_share&igshid=17jbjml6y9wjt
What PR? They are in a quiet period while the SEC filed Form 10 is being reviewed.
NEWS: IQST – iQSTEL Enhanced Telecom Services Including Fintech, Blockchain And Award Winning IoT Solutions Highlighted In Recent EV JV Featured In Business Trends Article
New York, NY – March 30, 2021 – iQSTEL, Inc. (USOTC: IQST) today announced a Business Trends Magazine article featuring iQSTEL’s comprehensive enhanced telecommunications services. The company is emerging as a communications technology leader rapidly expanding from its Tier-1 and Tier-2 service provider roots. Revenues and margins are growing rapidly as iQSTEL prepares for a planned NASDAQ uplisting. The current 2021 revenue forecast is for over $60 million and could be revised higher as the company proceeds with a planned merger and acquisition campaign. The Business Trends Magazine article featuring iQSTEL delves inside the mind of CEO Leandro Jose Iglesias to understand his vision for the company beyond his outstanding track record over the last two years.
“iQSTEL Inc. is a US-based publicly listed company, offering leading-edge 21st Century Enhanced Telecommunications Services, with a focus on a wide range of cloud-based enhanced services to the Tier-1 and Tier-2 carriers, corporate, enterprise, as well as the retail market. Together with Alternet Systems, Inc., [USOTC: ALYI] an electric vehicle (EV) innovator, the company recently initiated the planning phase of their new joint design program to co-develop two-way device communication solutions specific to the EV operating environment. Mr. Leandro Jose Iglesias, iQSTEL’s President & CEO, elaborates on the company’s ambitious mission and vision.”
View the entire article:
https://www.iqstel.com/assets/pdf/iQSTEL-Cutting-edge-technologies-for-Telecom-Industry.pdf?fbclid=IwAR1CWBF_btsp1HRB9sa2zzy4JY1xK5rmPVLATR93mNvRmRxI5bPkLoeKxwg
About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) (www.iQSTEL.com) is a US-based publicly-listed company offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with a presence in 13 countries. The company provides services to the Telecommunications, Electric Vehicle (EV), Liquid Fuel Distribution, Chemical and Financial Services Industries. iQSTEL has 4 Business Divisions: Telecom, Technology, Fintech and Blockchain, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company has an extensive portfolio of products and services for its clients: SMS, VoIP, 4G & 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas Platform, IoT Smart Tank Platform, Visa Debit Card, Money Remittance, Mobile Number Portability Application MNPA (Blockchain Platform) and Settlement & Payments Marketplace (Blockchain Platform).
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 statements 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, in part, 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.
iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL Inc. and its subsidiaries: www.iqstel.com
NEWS! IQST – iQSTEL Announces M&A Campaign With Potential To Push Revenue Over $60.5 Million Forecast
IQST – iQSTEL Announces M&A Campaign With Potential To Push Revenue Over $60.5 Million Forecast
New York, NY – March 25, 2021 – iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today confirmed an ongoing merger and acquisition (M&A) campaign. The company further confirmed that the current $60.5 million revenue forecast for 2021 does not include any contribution from potential acquisitions. The M&A campaign may result in iQSTEL exceeding the current forecast.
The iQSTEL confirms its revenue forecast for 2021 is $60.5 million. In addition to the dramatic revenue growth, Management anticipates improved profit margins as iQSTEL consolidates its Telecom subsidiaries under a single brand name to improve marketing momentum and operating efficiencies.
Having recently eliminated all debt, and with a growing cash reserve anticipated to exceed $2 million by the end of Q1, iQSTEL management considers the company in a strong postion to proceed with its M&A campaign.
Within the current M&A outlook for iQSTEL, based on existing target acquisitions, management anticipates potentially increasing the FY-2021 forecast by the end of Q2.
With a solid and improving balance sheet, growing revenues and improving margins, management remains confident in its previously announced NASDAQ uplisting objective.
About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) (www.iQSTEL.com) is a US-based publicly-listed company offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with presence in 13 countries. The company provides services to the Telecommunications, Electric Vehicle (EV), Liquid Fuel Distribution, Chemical and Financial Services Industries. iQSTEL has 4 Business Divisions: Telecom, Technology, Fintech and Blockchain, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company has an extensive portfolio of products and services for its clients: SMS, VoIP, 4G & 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas Platform, IoT Smart Tank Platform, Visa Debit Card, Money Remittance, Mobile Number Portability Application MNPA (Blockchain Platform) and Settlement & Payments Marketplace (Blockchain Platform).
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 statements 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, in part, 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.
iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL Inc. and its subsidiaries: www.iqstel.com
News: Major deal with Fortune 500 Coming Together it seems.
https://finance.yahoo.com/news/iqst-iqstel-prototypes-iot-solution-151500395.html
Endexx Uses Collaboration to Build a Brand
* The music sensation now owns 25% of a Joint Venture LLC with Endexx and will have several unique CBD wellness products hitting the market in the second quarter.
* At Benzinga's February Cannabis Capital Conference, Endexx (OTC:EDXC) CEO Todd Davis spoke about positioning, branding and the company's upcoming collaboration with DJ Khaled.
* Endexx has access to nearly 1 million stores, 150,000 of which it plans to target within the next 3 years.
Thoughts and Comments?
Link to Share:
https://www.benzinga.com/markets/cannabis/21/03/20255671/endexx-uses-collaboration-to-build-a-brand
Oops, wrong. EDXC just filed with the SEC a Form 10.
Yes, they filed a Form 10 with the SEC which is a major step in up-listing. Glad you are checking in on them!
Benzinga on IQST: iQSTEL, Inc.'s 288% Increase In February Revenues And 272% YTD Growth Are Two Reasons To Like This Stock; Expects 2021 Sales To Reach $60.5 Million
Link to Share:
https://www.benzinga.com/pressreleases/21/03/ab20232540/iqstel-inc-s-288-increase-in-february-revenues-and-272-ytd-growth-are-two-reasons-to-like-this-st
EDXC with a projected skyrocketing sales growth and new divisions ready to rapidly expand, EDXC is completely under the radar which makes it an excellent time to buy EDXC.
In the last 6 months, the company has:
*Grown revenue while cutting costs;
*Set up distribution for hundreds of thousands of stores;
*Began to roll out the new Greenline to the stores with lower price points but high margins (and next to the cash registers);
*Set up a partnership with DJ Khaled;
*Is readying Phytobites for a new phase of growth especially with major horse success;
*Is developing Jamaican Cannabis lisence opportunities.
*Filed a Form 10 with SEC to possibly up-list
NEWS: Expanding Telecom and Gross Margins!
https://www.prnewswire.com/news-releases/iqst--iqstel-telecom-foundation-expands-with-improved-gross-margin-contribution-301249420.html
NEWS: Endexx (OTC: EDXC) featured in Lincoln Citizen and Ritz Herald News: The article shows the huge impact DJ Khaled has had on brands such as Gieco, ESPN - Monday Night Football, Snapchat and Amazon, to name a few. All these endorsements are not partnerships like DJ has with Endexx. The sales numbers we project aren't just a six month Dolce & Gabbana type endorsement but something that is set for years to come between Khaled and Endexx.
Please note that the article is full of hot links so it will take you to the other articles, endorsement pages and brand promotions with DJ Khaled as well as previous articles endorsing EDXC.
Here is the links to share this article:
https://lincolncitizen.com/dj-khaled-is-the-king-of-promoting-major-products/
Or
https://ritzherald.com/dj-khaled-is-the-king-of-promoting-major-products/
His Endexx product he co-owns and I'm sure because of his 25% ownership, he will blast it everywhere!
DJ Khaled and Dolce Gabbana team up. Huge sales expected. Now imagine him promoting a product that he co-owns with Endexx. BOOM! (OTC: EDXC)
TWEET:iQSTEL Inc. (OTC Pink: IQST)
$IQST - IQSTEL just updated website. Home Menu: 2 new blue buttons, Telecommunication link, Telecom link, and added Divisions Menu ?
www.iqstel.com
?#telecom #iot #batteriesforev #fintech #visadebitcard #blockchain #uplisting
Old news, not current information according to IQSTEL Management. Due diligence and contact them.
$IQST Investing Channel IQST Update
https://www.facebook.com/InvestingChannel/videos/503053571082844/
$EDXC Huge Insight into how EDXC will get to
$500M in revenue, expanding pets with horse CBD success, DJ Khaled and NASDAQ.
https://www.facebook.com/577574842308875/posts/3753555148044146/?sfnsn=mo