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Re: GigantorX post# 45757

Tuesday, 05/23/2023 8:37:37 AM

Tuesday, May 23, 2023 8:37:37 AM

Post# of 53248
Gigantor (reply from IQST)
Good Morning,
Firstly, thank you for your continued support and faith in iQSTEL. We truly appreciate your interest and active participation in our journey.
The acquisition of 2300 miles of fiber optics is a complex, strategic project that we are continually working on. Such acquisitions involve substantial legal, technical, and operational processes which we're meticulously addressing. Please bear with us; updates will be shared as we make progress.
With regards to the EV car prototype, we are in the early stages of this endeavor. As with all new ventures, it takes time to go from concept to product. We assure you that we are working diligently on this exciting project, and updates will be provided as we move closer to realizing our vision.
Potential collaborations, like the one with BASF and ILOTS, involve multiple moving parts. Negotiations and agreements can take time, as all parties involved need to ensure the details align with their strategic interests. As soon as we have concrete news to share, we will definitely update our shareholders.
Finally, concerning the EV bikes, we are still in the pre-launch phase. It wouldn't be appropriate to provide revenue projections at this stage. Rest assured, as we get closer to the product launch and have a clearer picture, we'll share more details about the production and revenue expectations.
We understand that our shareholders eagerly await updates following our press releases. Please know we are equally keen to deliver positive results from our announcements. We appreciate your patience and commitment during this time, and we share in your excitement for the future of iQSTEL.
Stay tuned, and thank you once again for your unwavering support.
Best Regards,
Jenny
Investor Relations
iQSTEL Inc.
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