iQSTEL Inc (IQST)

[dh_]

Stock buy backs can be great. It can show strength and confidence in the company, and imply that the company thinks that the price is selling so low that its a great time to buy back.

But, they not only need profits, but enough profit to cover all their growth plans and enough to make any difference. By the time that they may have enough cash to use for a buy back they would be in so much better financial shape that it is more likely that the share price has gone up, maybe even to $2 as you suggest. But in any case, by then the buy back may not be needed for the purpose of up listing, or, the price may be more than the company wishes to pay vs the amount of share reduction it would achieve.

Later, if they get lots of free cash coming in, it is a great way to increase shareholder value though - or dividends, but I think right now achieving profitability and growth will be high on the priorities.