My read of the tea leaves is the IBank is ready in the queue to be contracted and hired. I wouldn't put it past this IBank to have friendly groups active in IQST shares in some form or another (ie, derivative type arrangements) as they set the table for 2022. Fees alone are unlikely to line their pockets with what they may ultimately feel they can gain from working with IQST. For IQST's BOD to act, I expect they know who this IBank is and approved the relevant terms of engagement.
Regardless, I believe this is good for IQST longer term and a necessary step - provided this is a reputable IBank - for the stock to meaningfully appreciate and finally obtain successful listing on NASDAQ.
Putting aside all of the fluff PR that Leandro and his team issues, this - to me - is the most important statement issued by the Company in a long, long time.
I'm now of the strong view that the buy window to purchase IQST as these price levels is going to end in the near term. I now have belief in the two items I prioritized the highest for me to lock and reload on IQST stock: (1) confidence in exceeding $100MM in revenue for 2022, and (2) an IBank on staff (subject to confirmation it's a reputable shop).
Locked and loaded.
*************
My comments and implied views are provided for entertainment purposes. I am not a certified financial advisor and I am not qualified to give financial advise. Please do your own due diligence and make your own decisions.
GLTALs
AI
