iQSTEL Inc (IQST)

[moneyman2013]

dh, agreed. We all knew where they would land at year end - IMO, that was no surprise. I believe that Q1 may show profitability, albeit small, but small is not the point. I realize they are growing the company and are in sectors that are pandemic and recession proof, but there will be a point where acquisition plans will need to show profits, otherwise they have a net zero balance sheet (costs $90 mil to operate - generates $90 mil revenues).
It was stated in another post that they will need to look at ways to trim out waste. Consolidating areas of the company that perform the same role, and eliminating personnel.
I realize this is potentially small potatoes, but profitability is key to that organic share price rise...net zero companies can continue growing, but eventually they have to continue to issue more shares out, and we want to keep the share pool shallow.

Best to you and all longs!