iQSTEL Inc (IQST): Looks like they are still 3.5 mil in the...

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iQSTEL Inc (IQST)

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Re: paperman post# 20056

Monday, 01/11/2021 5:26:59 PM

Monday, January 11, 2021 5:26:59 PM

Looks like they are still 3.5 mil in the red. They have 56 mil more shares to sell in the offering. They have already sold 24 mil. Still not a bad SS but think they are only selling shares to make cash. Gross margin must be really low on services and all revenue is what it takes to stay afloat. They need to increase profit margin along with new business to be successful.

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Recent IQST News

Form 424B7 - Prospectus [Rule 424(b)(7)] • Edgar (US Regulatory) • 06/05/2024 09:25:48 PM
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