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CONGRATS LONGS!!
This is lifechanging money for me, thqnks gang!
Let`s re-evaluate those earningsforecast and get this beauty to $3
I don't find any link between huntsman and iqstel.
Could still be huntsman, but I think we'll have to wait until info from the company
Sykes gang is in the building.
https://t.co/soSW2TlYL5 - Posted a New Watchlist: 21 Hot Stocks To Watch Like $IQST
— Timothy Sykes (@timothysykes) February 18, 2021
To be fair if you really did your DD you would know that what you're saying just isn't substantial doubt.
AMBASSADOR FIRST NEWS
IQST – iQSTEL Eliminates All Debt In Form Of Notes Becoming Debt Free Company
New York, NY – February 17, 2021 – iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced that it has eliminated all remaining debt from its balance sheet associated with any Promissory Note. With the exception of routine operational payables, the Company is now completely debt free with no Convertible Notes, Warrants, Promissory Notes or Settlement Agreements.
“Since the fourth quarter of 2020, we have eliminated over $3.3 million of debt from our balance sheet, which not only strengthens our financial condition, but also improves our financial performance as net income is no longer burdened with interest expense. Eliminating all debt is a key milestone as we prepare for a potential up-list onto a major stock exchange,” commented Leandro Iglesias, iQSTEL’s CEO.
“With our strengthened balance sheet, we can better focus on our growth strategy and the development of our Telecom (SMS, VoIP, 5G Fiber-Optic Network), Technology (IoT Smart Gas/Tank/EV Platforms & iQBatteries for EV), Fintech (Visa Debit Card & Remittances) and Blockchain Platforms (MNPA & Settlement/Payments Marketplace) segments, with a keen eye on maximizing shareholder value. We look forward to continuing to report further corporate execution, as well as our progress in the up-listing process,” added Mr. Iglesias.
Through an agreement with its Promissory Note holders, IQST exchanged IQST restricted common shares to eliminate outstanding Promissory Note balances.
Under the agreement with the Promissory Note holders, the issued shares will be priced at $0.68 each, and will be restricted for a period of six months from the date of issuance. The debt holders have one year from the date of execution of the agreement to request the issuance of the shares totaling 2,230,400. As a result of the execution of the agreement, each Promissory Note will be considered paid in full.
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
YESSSSSSSSSS. THIS IS GOLDEN
Best video yet:
I just can't fathom a form 10 being filled for Nasdaq, when 2$ is still pretty far away.
So I'm really curious what news we will get next week. Probably cleaning of the balance sheet?
Or they are upgrading in steps and are focusing on OTCQB? Altough I don't think you would need a form 10 for this?
Iqstel mentioned a form 10 on facebook.
Is this a broad form for every exchange or is it a form for a specific exchange(s)?
Yes, I'm pretty sure this is as new for them as for us.
Explains the posts on the facebook group, they were really over joyous. Good for them! Hopefully we get more information soon, a name would be huge. A contract would be off the charts
Two things:
- The fact they have a letter of intent with a big company for something they've already won a price for is huge. This is big money, really big money
- They don't disclose any information, probably because legally they aren't allowed to at this moment. But because they promised their investors info this week, they found a way to still give some kind of news. This is also a big confirmation of how investor-friendly they are. They follow through on promises.
This is ridicilously good news
Weird. Volume?
Iqstel ambassador group on facebook.
NEWS COMING:
Please Standby...
UPDATE: Conference Room and Zoom burning up with Execs' hard at work! We will update again ASAP.
3:55 Update - The whole office at iQSTEL is buzzing with excitement about the forthcoming announcement from our CEO, Leandro! ??
Sounds big, no?
Look at the ALPP chart when they hit 1 dollar. Goosebumps!
This is becoming a self-fulfilling prophecy
I pay 0 taxes in belgium (scandalous)
Ofcourse we pay a lot more taxes on labor
Aha, we`re being watched here. Perfect!!
Welcome!
I think if they can, they would do it today. And if that happens, IQST becomes the new and improved ALPP.
And you know what? Well deserved!
I'm honestly pretty scared, this is extreme... We need good news to sustain this kind of intrest. Please IQST, do you have something to soldify these gains??? This is just lifechanging for me. I'm dreaming
The ALPP crowd got hold of it, this could be a turning point
YES!
Got the same questions. Glad you are here to put them into words...
Don`t know if anyone from the iqstel employees reads this, but it`s a good summary and hopefully we will see a lot of these questions adressed in the trailing months.
Cause I think the path you lay out at the end is the true path to uplisting. It really is an impressive company and they should focus on the things they got going for them and leave the fluff stories behind, until they have some real value.
At this moment I`m still cautious optimistic they have a plan with the EV and batteries stuff and they will release good news along with the websites.
If it`s really good and they have some earning reports or future growth plans plus the visa stuff, I think we have solid fundamentals to grow to nasdaq
Jups! Pretty active on twitter, stocktwits and facebookgroups. Next week I'm going to push it to the extreme, haha.
Also commenting on people who say something about IQST makes it more believable. Just searching iqst on twitter and giving some extra DD works for those passing by
I meant without more funds.
So not really something ambassadors without funds can help with.
If the market gets a bounce next week, hopefully I can take some funds feom other swing plays into iqst
I supose there's no way to do this with more funds? Can only hold
They're in heavy stock promotion mode -> They're actively planning on uplisting.
If you look at everything they do, it's extremely focused on getting the stock price up. So I'm just connecting some dots.
Today's PR and the post in the facebook group just got me thinking. Not saying this is the preferred scenario, actualy I think it's not really on their mind at the moment.
But the actions of the past few weeks got me thinking they really do have a timeline to uplist and I do not want to get screwed over, because people don't notice the amazing evaluation for this stock.
Excuse my english, it's difficult to explain your reasoning in a language you do not master
Just a small thought linked to what they posted on the fb group today.
It seems to me like they're indeed a little bit worried with the share price. The PR from today was nothing new, just some unsubstantial fluff to use names as Apple and Tesla.
I'm worried if in the medium run this doesn't go up substantially (nasdaq?) they'll have to take some serious measures like a RS. Not saying they're going to do this in the near future, just saying it could be a road they'll have to take.
So yeah, I really think us, the investors, have to push hard to get this stock out there. The DD is there, so I believe it's doable to convince people that are looking for a value investment.
We have to keep in mind this is not a momo play, this is not a trips to cents pennystock anymore, this is not really a hyped sector and we're trading on the pinksheets (scares away value investors).
We really don't tick a box that's connected to a great crowd, so we really have to actively invest in spreading the word.
I know stocktwits is pretty good if somebody finds their way over there, but we have to ask ourselfs how do we get them to notice the ticker. There'slmost no reddit posts, twitter game is low (mostly linked to mspc) and stocktwits is also mainly focused on the ticker itself.
So yeah, any ideas how we can push this without sounding like pump and dump maniacs?
VWAP 0.373! Not bad for a very red day
Iqstel was trading extremely tight at open, compared to other otc who easily lost 20-40% after the open.
So if volume gets back to normal and people will start checking for stocks, iqst will be enormous. Good chart and extra (hype) DD on a otc stock = UP.
I'm convinced we will see 0.5+ somewhere next week
Yeah, I beg to differ on this one.
It`s an emerging market with unbelievable growth. Batteries are going to be the future. If they can do something related to Iot and can focus on even a small segment of this market, this could generate lots of revenue.
It`s a little bit vague, but just the fact that they`re focusing on this side of the industry could make this a multi dollar investment.
But I agree it would`ve been nicer if they could`ve been a little more specific
That website is looking a whole lot better!!
Still a little bit to boomy, but this is progress... I'm sure they'll get it to a beautiful website that attracts clients and investors.
To be fair, I wouldn't mind if they delayed the news. The market is screaming for attention, so I think good news could be overlooked... It wouldn't surprise me if they came with a good PR and the stock price doesn't really move, because it's hard to yell above the noise at this moment
The whole market is nuts right now, I wish had more cashhhh. Man so many good limit buys I could set.
And I think we will bleed some more days. The shorting saga is still going strong
Got a feeling there weren't many stop losses. Love it
That was violent. Thanks GME
Wouldn't get your hopes up, if no news before market open I don't think we will hold those numbers today! The market is running a bit wild today, so I guess solid plays with solid growth instead of exponential growth will get a smal hit today.
But hopefully I'm wrong. Up would be lovely!
Not so sure about that. Otc markets open access changed in january, don't know the exact changes, but I do know trading212 (broker based in UK) allows trading on the OTC an hour before regular american markets open. It's not really an advantage at the moment, because trades are low and slow.
My broker that I use for otc, because trading212 is not that great for otc, doesn't allow me to buy earlier. Typical 15 mins lag on info, would love some level 2 but yeah... Roll with the dice you have, I guess
You easily could have used one of the many great flemish (belgian) painters, but instead you chose a dutch one?! I'm hurt