iQSTEL Inc (IQST)

[77Port]

Nasdaq requires $1.00 price. If a company drops below $1, it's given a warning and a period of time to bring SP above $1. If they don't, they can be delisted. It's why OTC exists.

Hating the OTC market is silly becuse many great companies began there. OTC is actually an opportunity for creativity and entrepreneurship. OTC is the opportunity to "prove it."

Unfortunately, an RS is not a guarantee of success and so it's not unusual that after a RS, it drops back to less than $1 again, requiring a second RS, leading to a downhill spiral.

Splitting or reverse splitting changes nothing as value remains the same regardless the number of shares. The only way out is real earnings. Not having earnings is a house built on sand.

Sometimes, though, it works, as in Tesla. But eventually, the earnings must appear.