iQSTEL Inc (IQST)

[Knux]

Ouch. That's ~10 million shares of our clearance offering in Q1. Instead of bringing in the average 10x value on this money that was lost, they just gave it away to themselves for having a nice subpar quarter in which the share share price continued to tumble. That wasn't in the prospectus of the Q1 offering...

YIKES!

And no, paying off the toxic debt(and associated reduction in interest) with these clearance sales was something you maybe hold your nose and swallow while looking to the future. It's not a reason for just giving yourself ~25% of what was raised. This continuation of irresponsible funnelling of shareholder money only feeds fears and pushes prospective institutions/IBanks further away.

You're right, Leandro has more explaining to do. Consolidating the telecom divisions was supposed to help margins, not hurt them! And it won't be for two more days. Where in the world do we go from here?