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AmereicanBulls Reports High Possibility Of IQST Bull Run
"The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY. The share price is still not above the confirmation level and the signal is suggesting to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a possible bull run."
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=IQST
Strong IQST Chart Indicates Uptick On Horizon
The chart for IQST is demonstrating strong technical performance.
The PPS went up on a MACD crossed above the signal line and came down when the MACD crossed back below the signal line.
The MACD is heading toward a cross above above the signal line.
At the same time, the 50 Day MA remains above the 200 Day MA.
IQST has been moving along with the market. The summer rally took it up and the end of the summer rally took it down.
The market seems to be turning positive again and so does IQST.
IQST is an enhance telecom company. They are beating a decent profit out of the telecom business with sheer good management. They have new enhanced businesses set up that can pull through larger profits. They are working hard to figure out how to finance those businesses without going to the convertible debt market. More power to them.
Their move away from convertible debt is why volume is so low right now. No discounted stock is hitting the market. The price will have to move back above the 200 Day MA and 50 Day MA where genuine shareholders can take profits before we see much volume again.
My humble opinion ...
No S-1 Shares Sold Because Its Not Effective
The S-1 attempting to register shares has not beed declared Effective by the SEC. Apollo can't sell the shares on the public market if the shares are not registered.
IQST is likely corresponding with the SEC. The SEC is making comments regarding the S-1 and IQST is amending the S-1 in response to the comments.
Once IQST has satisfied all the comments, then the S-1 will be declared Effective. Until then, the shares are not eligible for sale.
Nice Day Market-Wide; IQST PPS Likely-To-Follow-Market-Trend
Starting-a-business is hard and odds are against-it succeeding
The US Bureau of Labor and Statistics says:
"... approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more."
OTC companies are public but still Small Medium Enterprises (SME). Small companies are consider to be $1 to $40 million in revenue and medium businesses are $50 million to $1 billion in revenue. The odds are against them succeeding long-term. That doesn't make them scams. Most OTC companies are going to fail. As investors, we should concentrate on investing in the milestone successes, not their long-term successes. We should invest in their first sale milestone; their first patent milestone; their first million customer milestone, etc ... It's a bonus if they make it long-term.
I hate that people look at the failure rate of SMEs and in a knee jerk reaction, call them "scams." The men and women and others starting these businesses are heroes for taking on these start-ups against all odds.
Small businesses contribute 44% of the US GDP and even larger percentage of the global GDP. That number is shrinking every year because investment capital for small businesses is harder and harder to find. But what would we all do without that GDP contribution. Again, these entrepreneurs are heroes, not scammers.
An Entrepreneur is a jack of all trades. They have to do a little bit of everything and they better be good and dedicated sales people. Don't misinterpret the consummate sales person behind a failed business as a scammer. What else would that look like? Should they not have given it their all to sell the value of their business, and the value of their product?
Let's all try to reframe the way we think about people like Leandro. I don't think he's a scammer. I think he's trying every which way he can to make IQST succeed against all odds, and I think he's doing an amazing job, all things considered, and I think there are literally thousands of Leandro's out there at the helm of thousands of other OTC companies also doing their very best to succeed against all odds.
I'll finish with a quote from Teddy Rosevelt's 1910 speech "Citizenship in the Republic," and ask again that we all reconsider the folks working at these OTC companies:
"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat. "
Stock Tech Analysis Reports IQST Very Bullish
http://www.stockta.com/cgi-bin/analysis.pl?symb=IQST&cobrand=&mode=stock
Consumer, Employment and Investment Markets All Strong
In spite of interest rate increases, consumers are still buying, employers are still hiring and investors want to invest.
IQST's recent decrease mirrors the Nasdaq and Russell composites.
Government credit down grades and China's slowing economy have taken the investment market's wind away, but I think only for a moment.
IQST's chart is still strong with a recent 50 Day MA cross above it's 200 Day MA.
The IQST PPS is sitting on the 200 Day MA after digesting inflation, government credit rating and Chinese economy news.
The trading vol has not been high on the PPS retrace down.
The stage is set for a rebound.
A little good news for the market at large is likely to take IQST up along with the entire market.
IQST Threading The Accretive Vs Dilutive Investment Needle
IQST is building a multi technology line business by bolting new technologies on to an existing telecommunications business.
The telecom business is growing organically, but has low margins.
The margin growth will come from the bolt on technology businesses - Fintech, Metaverse, EV, IOT etc ...
The bolt on technology business growth requires investment capital.
The convertible debt generally available to otc companies is in the end dilutive.
At some point, an otc company has to depart from convertible debt and find accretive investment sources.
This is way easier said then done and this is where IQST is today.
They are squeezing more profit out of their organic telecom operations and trying to figure out how to get accretive investment to grow the tech bolt ons.
Getting on Nasdaq would be a good way to attract accretive investment, but getting to a qualifying share price is difficult. Can they back off from bolt on margin growth while avoiding dilutive investment in order to give the share price room to breath and can that room to breath adequately permit the share price to organically reach a Nasdaq qualifying price? Or, do they do a reverse and accelerate the up-listing?
I'm guessing the management team is out talking to potential accretive investors and the ultimate Nasdaq up-listing strategy will be largely determined by the druthers of the investor.
In the meantime, IQST is undervalued. If management threads the dilutive to accretive investor needle, the yet unrealized value will be unleashed. If they don't, IQST will be a perpetual otc company with a PPS that bounces around in the pennies. An investment in IQST is an investment in management. I believe management is going to deliver.
StockTA.com Reports IQST VERY BULLISH
http://www.stockta.com/cgi-bin/analysis.pl?symb=IQST&cobrand=&mode=stock
IQST Absorbs-Fitch-News Above 50 & 200 Day MA
IQST did great in the face of the Fitch US debt downgrade.
The PPS remained well above the $0.19 200 Day MA.
Volume was low on the down turn and the PPS is heading up again.
The $0.18 50 Day MA is closing in on a cross of the $0.19 200 Day MA!!!!
Fitch was a surprise for everyone and IQST weathered the market wide shock just fine.
The bullish sentiment market wide does not seem to impressed by Fitch and IQST looks to be capturing that bullish sentiment.
IQST Reported On Potential Breakout Watchlist
CapitalGainsReport Potential Breakouts Watchlist (SHGI, IQST, PHUN LMDX)
"Investors looking for undervalued stocks with significant growth potential should keep an eye on iQSTEL as it prepares for a Nasdaq up-listing and continues to solidify its position in the telecommunications, fintech, electric vehicles, and metaverse AI sectors."
See Full Report:
https://www.marketscreener.com/quote/stock/SPARX-HOLDINGS-GROUP-INC-120793264/news/CapitalGainsReport-Potential-Breakouts-Watchlist-SHGI-IQST-PHUN-LMDX-44478868/
Stock TA Reports IQST VERY BULLISH
Follow link for StockTA.com Analysis Report and scroll to bottom for VERY BULLISH outlook based on candlestick analysis.
http://www.stockta.com/cgi-bin/analysis.pl?symb=IQST&cobrand=&mode=stock
IQST Pushing On $0.32 Resistance To $0.40 52-Week-High
Wow - Great Chart!
Steady track of higher highs and higher lows.
Today looks like it could be the day IQST breaks $0.32 2 year MA resistance.
That should clear the way for IQST to retrace back to $0.40 52 week high.
The 50 Day MA is now at $0.17 heading toward a cross of the $0.19 200 Day MA. That could be very exciting.
Summertime Friday- Wall Street's At The Hamptons
MIKP set-to-profit-on-heals-of DIS and NFLX mess
Streaming and Theater are broken and the writer and actor strikes are symptoms of that break and unlikely to get fixed any time soon if at all.
Companies like DIS and NFLX are where retail purchases entertainment. Those companies control the pie and the pie gets split from there between producers, writers, actors and all the other folks that going into producing the entertainment that consumers purchase.
The current Streaming and Theater driven entertainment distribution model is broken. You've herd the term "pigs get slaughtered." The DIS and NFLX of the world are trying to fix the broken models and be pigs about it ...
Entertainment distribution is ripe for reinvention. A company like MIKP that even attempts to reinvent the entertainment distribution model is likely to be rewarded in the stock market for even trying. While a MIKP re-inventor might not succeed in the long rung, they will likely at least have one or two milestone successes along the way to what might be failure in the end. Those milestone successes can deliver tidy stock investment ROIs, and if a MIKP re-inventor does succeed in the long run, well then, it would be replacing DIS and NFLX and those are ROIs to dream about.
Hats off to Mark and MIKP. Let's wish them well on this journey and provide support where support seems like the right level of risk.
All of this is of course my very humble opinion.
IQST PPS March-Up Continues- $0.32 Next - $0.40 Not-Too-Distant-Horizon
$0.32 Resistance Breakthrough Coming Soon - $0.40 52 Week High On The Not-Too-Distant Horizon - Then $0.70 and then $1.00!
The bull market barely sneezed at the Fed interest rate increase yesterday, and IQST's wagon is well latched to that bull.
Could not ask for a better chart! Higher highs and higher lows! March on IQST! Continue the climb! I can't wait for that $0.16 50 Day MA to cross the $0.19 200 Day MA! That could be really, really exciting!
All of this is of course my personal opinion.
IQST 15M Dilution Risk Already Substantially Mitigated
Thanks for doing the math lflhdy
$ 0.300 32% $ 0.204 32,000,000 10,240,000 $ 3,072,000
$ 0.400 32% $ 0.272 24,000,000 7,680,000 $ 3,072,000
Apollo Is Motivated-to-Sell-High With Long IQST Shareholders
The option agreement is complicated because the results of the option formula calculates the value of multiple variables instead of just one. The formula determines the number of shares and price. I think the simple and good news is that what ever the answers are, it limits Apollo to 15 million shares max. The current stock performance in terms of price and volume can soundly digest a worst case scenario. However, if my binomial algebra is not too rusty, it won't be worst case.
OTC companies go public to access investment dollars. They don't get any investment dollars from us retail investors. "Sophisticated Investors" (I'm going to soapbox on that in a minute) invest directly in the company and retail investors like us end up buying their discounted shares. If the company does well, like IQST has, the PPS goes up and we are happy with our shares.
Sophisticated Investors usually purchase Convertible Notes or Convertible Preferred Stock. They are repaid, not in dollars, but in stock that is at a discount to the market price. I think we all know convertible instruments can have bad results on the PPS in the long run. They are abused not only by the holder of the convertible instrument to maximize profits but also by the market makers that can see the terms of the convertible instruments since they are publicly disclosed and sell short in front to them.
IQST laudably moved away from using convertible instruments but still needed to raise money. So, they got Apollo to invest using a strategy called a butterfly. Apollo's potential downside is protected by a discounted option but they have an upside option which is designed to be more profitable than the down side.
(https://www.investopedia.com/terms/b/butterflyspread.asp)
Apollo is in the same boat with longs when it comes to maximizing profit.
Here is the detail on the confusing formula. Get another cup of coffee and spin your wheels on that for a while and remember, in the end, worst case is 15 million shares:
"This prospectus relates to the offer and sale by the selling stockholders from time to time of up to an aggregate of 15,000,000 shares of common stock.
When we refer to the “selling stockholder” in this prospectus, we mean the entity listed in the table below, and each of its respective pledgees, donees, permitted transferees, assignees, successors and others who later come to hold any of such selling stockholder’s interests in shares of our Common Stock other than through a public sale.
Other than as described in this prospectus, the selling stockholders have not within the past three years had any position, office or other material relationship with us or any of our predecessors or affiliates other than as a holder of our securities. None of the selling stockholders is a broker-dealer or affiliate of a broker-dealer.
We issued a one-year Common Stock Purchase Option with a grant date of April 5, 2022 to Apollo Management Group, Inc. for $500,000, for the right to acquire up to 4,800,000 at an exercise price of $2.00 per share, subject to certain adjustments as explained below. The one-year period commences when the option may be exercised, with an initial exercise date of September 30, 2022, and expiration date of September 30, 2023. If at the time of any exercise, the shares of common stock underlying the option are not subject to an effective registration statement, the option may be exercised, in whole or in part, at any time or from time to time by means of a “cashless exercise” in which the holder is entitled to receive a number of shares of common stock equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:
(A) = the daily average of the VWAP for the shares of common stock for the 10 trading days immediately preceding the date on which holder elects to exercise the option by means of a cashless exercise;
(B) = the exercise price of $2.00, as may adjusted by certain provisions in the option, such as stock splits, price adjustments for future options with lower exercise prices, price adjustments in the event our stock trades below $2.00 on the initial exercise date with such new exercise price to be at a discount of 16% and up to 32% of the market price of our stock (if the stock falls below $1.50) on the date of exercise; and
(X) = the number of shares of common stock that would be issuable upon exercise of the option in accordance with the terms of the option if such exercise were by means of a cash exercise rather than a cashless exercise.
Conversions are required to be made in recognition of holder’s beneficial ownership limitation of 4.99% of our outstanding common stock, which upon notice may be increased to 9.99%."
Soap Box - "Sophisticated Investors" is outright discrimination by the U.S. government. SEC regulation limits anyone with a net worth under $1 million or earning less than $250,000 a year to the types of investments they can even review. Individuals under this threshold can not invest, for instance, in IPO's or the types of investments Apollo is making. Keep in mind, IPO investors and Apollo can sell their shares to retail investors under the "Sophisticated Investor" threshold. This system is wrong. It is anti democratic at best and at worst it is a conspiracy to perpetuate the 1% remaining the 1% at the expense of everybody else. The Crowdfunding bill included in the Jobs Act under Obama (2 Presidents ago) was supposed to fix this problem and give all investors direct access to investing in companies. In the end, the SEC implemented just another exemption from registration and called it Crowdfunding. Cryptocurrency is the SEC's own fault. It arose in reaction to Crowdfunding being shut down. Cryptocurrency was an incredibly clever strategy to allow companies and the company founders to raise money for their IQST like ventures directly from investors, sophisticated or not, instead of through the Wall Street machine by selling a widget (cryptocurrency) outside the SEC's purview. The SEC is going to fix that purview problem though and solidify the bias against 98% of all people. The US Government is perpetuating a very anti democratic prejudice against an entire class of citizens. It's not fair to the citizens and its not healthy for an economy led by small businesses like IQST. Ostensibly, the investment restrictions are intended to protect non-sophisticated investors - how's the saying go? "We're from the government; we're here to help." Ironically, the sophisticated investor protections not only do not protect the less wealthy, the alleged protections feed retail investors to the wolves - "buy our pre-IPO stocks you were not eligible to even know about, Mr. and Mrs Retail Investor, and buy our stocks purchased at a discount through a convertible note you were also not eligible to know about."
Ok, excuse my rant. It just comes out of me sometimes. I can't help it. I have investment Tourette's Syndrome.
The folks at IQST are fighting against a restrictive investment environment in the best interest of the long term sustainability of the company and to the benefit of its shareholders. The butterfly investment is very clever and I think the folks at IQST are heros for doing it. These guys are scrappy and tough and dedicated. The odds are against them like the odds are against all small businesses and startups. Nevertheless, a select few make it and I think these guys are going to take IQST in for the touchdown.
All of this here is of course my very own opinion.
Sorry for stuttering ...
Fed Decision Drives The Market Today
The Fed is likely to raise interest rates again today. That is not good news, however, the underlying bull sentiment seems to be disregarding the Fed's interest rate hikes these days. The market may even go up today. If it doesn't, that could still be good news for IQST. OTC stocks often get a boost on down market days and IQST, at this point, is a OTC leader with a great stock chart that indicates an upward direction.
IQST Technical Performance Is Text-Book And Tomorrow Looks-Good
I'm surprised and delighted the PPS bounced so quickly of the $0.22 support line. I thought it might ride it for a few days and possibly even break through to the $0.19 200 Day MA. All of which would have been fine. But it didn't and the chart looks text book perfect. The PPS could well break through the $0.32 resistance as soon as tomorrow and plow on through to the $0.40 52 Week High.
The bull market seems to be back and IQST is benefitting from a bullish environment. Let's be grateful for the bull.
IQST $0.15 50-Day-MA On-Way-To-Cross $0.19 200-Day-MA
After 178% PPS increase in under 30 days, IQST is pausing to consolidate and prepare for ongoing climb.
PPS remains well above 200 Day MA. 50 Day MA is increasing and heading to a cross of the 200 Day MA. This will fuel momentum.
See chart below.
Company has already posted a preview of the Q2 financials. A strong Q2 financial report is pending.
$0.40 52 Week High retrace is on the horizon. Little resistance all the way back to a previous highs over $1.00.
IQST Lower-Vol-As-Price-Pulls-Back-Is-Healthy-Consolidation
Adding to my previous post earlier today ... lower vol as the price pulls back is a sign of healthy consolidation. The lower vol at lower prices is an indication of confidence ... not too many shares available as share holders by and large are confident in further increases yet to come.
The PPS remains well above the 200 Day MA and the 50 Day MA continues to climb toward a 200 Day MA cross which stands to be a landmark momentum event for IQST.
All stocks go up and down and this has all the earmarks of a healthy down that actually looks like it is a move to support higher highs yet to come.
IQST Healthy-Pullback-After 178% Gain-To $0.32: $1.00 Horizon
IQST has turned in a 178% gain in 23 days. Time for some consolidation in preparation for a continued climb.
The PPS remains well above the 200 Day MA with plenty of support to stay above the 200 Day MA. The 50 Day MA is continuing to climb. Once the 50 Day MA crosses above the 200 Day MA, the PPS is likely to get even more new found support. Next drive is likely to push past $0.33 resistance on to $0.40 52 Week High on a continued climb over $1.00.
See Chart Below and American Bulls Explanation On Pull Back
American Bulls Recommendation:
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.3207, and our valid average selling price stands now at 0.3177. The previous BUY signal was issued on 06/28/2023, 23 days ago, when the stock price was 0.1140. Since then IQST has risen by +178.68%.
We may be at a market top or at the start of a correction. The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.
This is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=IQST
Pigeons Don't Frighten Me At All ..
Life Doesn't Frighten Me (by Maya Angelou)
Shadows on the wall
Noises down the hall
Life doesn't frighten me at all
Bad dogs barking loud
Big ghosts in a cloud
Life doesn't frighten me at all
Mean old Mother Goose
Lions on the loose
They don't frighten me at all
Dragons breathing flame
On my counterpane
That doesn't frighten me at all.
I go boo
Make them shoo
I make fun
Way they run
I won't cry
So they fly
I just smile
They go wild
Life doesn't frighten me at all.
Tough guys fight
All alone at night
Life doesn't frighten me at all.
Panthers in the park
Strangers in the dark
No, they don't frighten me at all.
That new classroom where
Boys all pull my hair
(Kissy little girls
With their hair in curls)
They don't frighten me at all.
Don't show me frogs and snakes
And listen for my scream,
If I'm afraid at all
It's only in my dreams.
I've got a magic charm
That I keep up my sleeve
I can walk the ocean floor
And never have to breathe.
Life doesn't frighten me at all
Not at all
Not at all.
Life doesn't frighten me at all.
IQST Fundamental-Financial-Value $0.51 Compared To Current $0.32
Interesting independent analysis of fundamental financial value based on company's reported audited financials.
Analysis indicates the current share price is below the fundamental financial value.
As stocks reflect future value, the fundamental financial value projected PPS is likely, imo, also lower than what the actual PPS should be.
See analysis:
https://www.alphaspread.com/security/otc/iqst/summary
MarketScreener News: RDRSF / RDRS.C, AITX, IQST, ABML
Major Penny Stocks Worth Monitoring: RDRSF / RDRS.C, AITX, IQST, ABML
https://www.marketscreener.com/quote/stock/ARTIFICIAL-INTELLIGENCE-T-111314306/news/Major-Penny-Stocks-Worth-Monitoring-RDRSF-RDRS-C-AITX-IQST-ABML-44388718/
$IQST Trading @$0.30 W/Potential To $1.00 Near Term
IQST has a 1yr High PPS of $0.40 and is well on its way to retracing to that high.
The $1.00 2yr High PPS is not far behind.
The trading volume is up substantially driving the $0.14 50 Day Moving Average toward the $0.19 200 Day Moving Average.
The approaching 50 Day MA cross over the 200 Day MA could catapult IQST back to the 2yr $1.00 High.
All of this is my humble opinion.
$IQST Trading @$0.30 W/Potential To $1.00 Near Term
IQST has a 1yr High PPS of $0.40 and is well on its way to retracing to that high.
The $1.00 2yr High PPS is not far behind.
The trading volume is up substantially driving the $0.14 50 Day Moving Average toward the $0.19 200 Day Moving Average.
The approaching 50 Day MA cross over the 200 Day MA could catapult IQST back to the 2yr $1.00 High.
All of this is my humble opinion.
Warren Buffet Adds His $0.02 On Entertainment Industry
The Motley Fool: Why Is Disney Struggling? This Warren Buffett Quote Explains It Perfectly
The entertainment market is ripe for innovation. MIKP is on to something here.
Short Sellers Have Little Ammo Here
The current cap structure of IQST gives the usual guilty parties little to work with to sell short.
Apollo does not currently hold a convertible. Convertible investors can sell short against their own positions, then convert at a lower price to get even more shares than if they had just executed a straight conversion.
Market makers have been know to abuse their regsho exemptions by selling short infront of convertible note holders in anticipation of convertible note holder sales.
Without a convertible note on the books, IQST is in the best possible position to avoid these types of short sales.
$IQST Could Go From $0.28 To $0.40 Today
IQST has no convertible debt holding back a PPS increase.
IQST soundly broke $0.24 resistance yesterday and is now pretty wide open to $0.40. It could slow around $0.33, the 400 Day Moving Average representing the average share price over about 2 years. However, many of those holders with purchase prices bringing the average up are looking for way higher than $0.33.
In my opinion. $0.40 today is completely possible.
IQST Could Go From $0.28 To $0.40 Today
IQST has no convertible debt holding back a PPS increase.
IQST soundly broke $0.24 resistance yesterday and is now pretty wide open to $0.40. It could slow around $0.33, the 400 Day Moving Average representing the average share price over about 2 years. However, many of those holders with purchase prices bringing the average up are looking for way higher than $0.33.
In my opinion. $0.40 today is completely possible.
$0.24 is-a-resistance-level; good-news, the-next-one-is $0.40
Actor Writer Strike Part Of Bigger Problem/Opportunity
The actor/writer strike is part of a bigger problem. The short explanation is that the movie/tv industry is broken and the actor/writer strike is just a symptom of the bigger problem.
See NYT's article
https://www.nytimes.com/2023/07/15/business/media/hollywood-strikes.html
The exciting news is that big problems are big opportunities for innovators and MIKP can be one of those innovators.