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Sunday, 05/16/2021 11:19:39 PM

Sunday, May 16, 2021 11:19:39 PM

Post# of 52137
"Knux,

We have been utilizing the Regulation A+ offering with some large family offices and institutional investors who have made commitments that extend to a long-term relationship. And therefore they were able to negotiate various price points as part of that overreaching agreement to help us get to NASDAQ, eliminate debt and make key acquisitions. They are still supporting the company and will be there when we need them.

Let me know if you have any further questions.

Respectfully yours,
IR Team
iQSTEL"

This is the reply I got back when I asked specifically about how many and what type of investors took the offering. And about if they had any prior relationship with the company. I had also pressed them hard about the exact timeline of the offering and they said they would confirm with management tomorrow before getting back to me with what information they could.
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