iQSTEL Inc (IQST)

[peterpanwasjusthere]

Here's one question I'll be paying close attention to: given the cash balance for the Company at year end was over $3MM, and they have done a nice job brining down their loan payables (ie, approximately $550K as of 12/31/2021 vs a $3MM+ balance owed a year prior) and derivative liability (zero as of 12/31/2021 vs over $1MM a year prior), why did the Company feel compelled to issue these 2MM shares in March/April 2022 and bring in this incremental $1MM of cash? Why further dilute the stock at this time given the operational progress the Company is making? Are these funds going towards acquisitions? Transparency is critical during these challenging market times. Hopefully IQST management overdelivers on the information front.

The liabilities section of the Balance Sheet appears to be in very solid and healthy shape per these 12/31/2021 financials. I hope they keep it this way.