iQSTEL Inc (IQST)

[jerseyboy]

Basically because if they had issued those 36 million shares even at $.30 instead of $.10, they would have had $7.2 million more to spend developing the company, and would not be as likely to need to issue more shares to enable the company to meet its cash needs.

Also, when they do reach profitability, let's say they make $4,000,000 of net income in 2021. The EPS would be $.04 with 100 million shares outstanding, and $.0294 per share with 136 million shares outstanding. If the share price reflects a P/E of 30 that might be assumed for a rapidly-growing company, the share price would be $1.20 with 100 million shares outstanding as opposed to $.88 with 136 million shares outstanding.