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Re: Nichopm post# 53679

Thursday, 03/28/2019 8:37:27 AM

Thursday, March 28, 2019 8:37:27 AM

Post# of 66043
Shares of IQST Common stock to be sold by MSPC: 450,000

https://www.sec.gov/Archives/edgar/data/1527702/000107878219000249/0001078782-19-000249-index.htm

Metrospaces Inc. (...as of March 26, 2019):
Shares of IQST Common stock owned prior to offering: 6,136,848
Shares of IQST Common stock to be sold: 450,000
Percent of IQST common stock owned: 40.9%
Shares of IQST Common stock owned after offering (if all shares are sold): 5,686,848

(3) Mr. Brito has beneficial ownership of 50% of Metrospaces Inc., which holds 6,136,848 shares of our common stock.

(4) Mr. Silva has beneficial ownership of 50% of Metrospaces Inc., which holds 6,136,848 shares of our common stock.

Number of shares of IQST common stock outstanding before the offering of common stock: 15,022,650 common shares are currently issued and outstanding.

Number of shares of common stock outstanding after the offering of common stock: 17,022,650 common shares will be issued and outstanding if we sell all of the shares we are offering herein

Securities being offered by the Company: 2,000,000 shares of common stock, at a fixed price of $6.00

Securities being offered by the Selling Stockholders: 450,000 shares of common stock, at a fixed price of $6.00 offered by selling stockholders in a resale offering. This fixed price applies at all times for the duration of the offering. The offering will terminate upon the earliest of (i) such time as all of the common stock has been sold pursuant to the Offering Statement or (ii) 365 days from the qualified date of this offering circular, unless extended by our Board of Directors for an additional 90 days. We may however, at any time and for any reason terminate the offering.

Offering price per share: $6.00