iQSTEL Inc (IQST): Let me know if I have this right. The o...

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iQSTEL Inc (IQST)

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Wednesday, 10/05/2022 2:36:04 PM

Wednesday, October 05, 2022 2:36:04 PM

Let me know if I have this right.
The option for 4.8 million shares purchased for $500K, which equates to $0.1046 per share with an exercise option at $2, which basically means they put $500K towards a "bet" that could yield them $9.6 million, but they forgo the first $1 million cash
Am I understanding this correctly?

If so, Apollo has a HUGE belief in this company. Just because the exercise date is Oct 15, 2022 does not mean they will have the stock to $2 by then...it only means that that date is the first exercisable date for those shares.

Anyone care to comment on this...did I read this right?

Best to all longs!

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