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Re: Texlotteryticket post# 23692

Wednesday, 02/24/2021 12:31:11 PM

Wednesday, February 24, 2021 12:31:11 PM

Post# of 59387
IQST's debt-free status with only about 100M shares out makes it easy to understand that proper valuation for the company hasn't nearly been reached at this level. For a FinTech holding company, I think we can all agree, the share price should be a multiple of at least 5 times the revenue.
(On the NASDAQ, a multiple of 10 would be considered below average from what I understand, and that up-listing seems not a question of "if" but "when" for IQST at this point.)
Especially with the potential $$$ from the Vonage deal, EV batteries at $200 per, and VisaMoneyOne income to be added to their existing revs it is quite possible that $120 -- $150 million through say Feb. of 2022 will be what IQST is generating. Let's get optimistic and say $150 million. 150 million dollars divided by 100 million shares is $1.50 per share revenue, times 10 = $15 per share on NASDAQ.
This is the type of math, not hype, that new investors need to understand when they buy in here at still giant bargain $1.70 or before anyone even considers selling at this level.
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