iQSTEL Inc (IQST)

[trademax42]

This is just a comparison with another stock (ALP*P) that recently moved up quite a bit. Alp*P had a closing price of .331 cents on Dec 1, 2020 and from there it went as high as $4.79 dollars on Dec 28, 2020.

Here are some key stats for both ALP*P and IQST (just a random comparison since the SS are similar).

ALP*P

PPS = $2.40
Revenues for first 3 quarters 2020 = $26.5 million
Shares OS = 124 million, Float = 100 million.
MC = $300 million

https://www.otcmarkets.com/stock/ALPP/security

IQST

PPS = .36 cents
Revenues for first 3 quarters 2020 = $29 million
Shares OS = 117 million, Float = 60 million
MC = $39 million

https://www.otcmarkets.com/stock/IQST/security

The forecast for 2021 revenues for IQST = $60.5 million as per the link below:

The company forecasts $60.5 million in revenue for FY-2021.

https://insiderfinancial.com/4-penny-stocks-on-the-move-clwd-iqst-sunw-ttoo/180830/amp/

Normally I would expect the company trades beween 5X to 10X times the revenue figures. In that respect, IQST is grossly undervalued.

$IQST

Disclaimer: My posts are just my opinion, do your own dd before buying, selling or holding a security.