iQSTEL Inc (IQST)

[moneyman2013]

Rab74, I am breaking the "feeding the pigeons" rule here, but a point needs to be made.

Reverse splits generally DO NOT do well - as a matter of fact, they tend to kill companies. they might spike the price initially, then the inevitable fall occurs to even further lows.

That said, there is ZERO reason to do a R/S for this company given the O/S and Float. If this company had 20 billion shares O/S, yes, a R/S is an inevitable reality - this company is not even in the vicinity of a company that needs a R/S.

If anything, this company could use the pool of issued shares to raise additional capital for more investments in other sectors, or improving their stake in current ones.

To suggest an R/S for this company is good is disingenuous and short-sighted, and reeks of a person willing to harm the share price to capitalize on others' losses via scare tactics.

This is a long term hold, and for those who are able to put aside the "pigeons" that fly in/out, their long term hold will pay dividends.

Best to all longs