iQSTEL Inc (IQST)

[peterpanwasjusthere]

IMO, IQST will certainly need strongly/faster growth than what their May revenue numbers suggested if they want significant volume on the buyside to return to push the stock meaningfully higher. The current growth rate isn't high enough and their target markets aren't enormous/high alpha enough for folks to appear to want to roll the dice at this time...also the Company is all over the map with their different divisions and business segments which begs the question of whether investing in a conglomerate type business model makes a lot of sense for a microcap company of this size/scale where few of their business segments have real, tangible accretive synergies between them and there's little to no track record of success to point to which provides confidence that this management team has the requisite skills to pull this business strategy off. Leandro isn't Jack Welch - at least not yet.

I'm very interested to see their June #s reported both on the revenue and expense/margin front. It should tell us a lot. I'm numb to their fluff piece PRs that talk about all the great stuff their launching down and how much growth it *could* generate. With that said, I'm keeping an open mind and may decide to buy back in, especially now that we're only ~5 cents away from where I sold out and getting closer to my prior exit level with the passing of each recent trading day!

One other thing - and I believe this is what's eating at Knux a bit - the prior share issuance by IQST of all those millions of shares at 10 cents just doesn't fully add up from where I sit. I'm not sure why they executed the capital markets strategy they did and why no credible IBank partner has yet been announced, or what commitments/family office obligations or promises they felt they needed to fulfill on, but I feel like I need a shower every time I think about how it all played out. Luckily I had the good fortune of buying a large budle of shares prior to the stock's run which kept my average share price clost to where I sold, but I refuse to get caught by surprise by IQST ever again and will assume the worst case when it comes to their capital markets activities going forward.