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IQST is in the news: IQST will pop on news.
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CapitalGainsReport: Four Penny Stocks Poised To Pop On News
(EPAZ, ECDP, IQST, XERI)
Yesterday at 09:23 am
In the world of penny stock trading on the OTC market, news can hold tremendous significance and wield a powerful influence. Recent developments surrounding these often undervalued stocks can spark considerable momentum and lead to favorable trading conditions. By staying informed and assessing the relevance and positivity of news, traders can identify potential opportunities for significant gains. In this article, we delve into four OTC penny stocks that have recently made waves, exploring the prospects they present for a possible upward surge in their market value.
Epazz, Inc. (OTC: EPAZ) is a mission-critical provider of metaverse solutions, blockchain cryptocurrency mobile apps, and cloud-based software. One of its prominent subsidiaries is ZenaDrone Inc., specializing in intelligent unmanned aerial vehicle technology that incorporates machine learning software and artificial intelligence (AI). In a press release from July 12, Epazz announced that ZenaDrone has successfully secured asset-based funding for the initial manufacturing and deployment of 20 ZenaDrone 1000s in Ireland, marking a significant milestone for the company's Drone as a Service (DaaS) operations.
EPAZ expects each deployed drone to generate over $100,000 per year, targeting early adopters such as Irish farmers, businesses, and government agencies. Irish farmers will benefit from advanced-precision agriculture drones capable of monitoring plant health and spraying weeds. Additionally, the police force and fire departments can leverage these drones for quick emergency response. The global drone services market is projected to grow significantly, with a forecasted value of USD 189.4 billion by 2030, exhibiting a CAGR of 38.9%. Epazz's expansion into Ireland aligns with this market's growth potential. The company has been gaining traction in Europe, lining up customers and positioning itself for ongoing revenue in the region. Further expansion into Germany is also anticipated.
The ZenaDrone 1000 stands out for its high-quality camera, enabling stunning aerial photography and video capture. With autonomous flight capabilities and a multi-sensor system, the drone can navigate challenging weather conditions and obstacles. Its advanced features allow for precise measurement of height, depth, and vegetation, as well as accurate GPS tracking of people, objects, and animals. EPAZ, along with ZenaDrone, aim to revolutionize industries through innovative drone technology. By reducing labor and greenhouse gases, the ZenaDrone 1000 offers a green solution for the agriculture industry. Overall, Epazz's strategic move into Ireland with the ZenaDrone 1000 highlights the company's dedication to expanding its presence in the global drone services market and could prove to be a major stepping stone for EPAZ.
iQSTEL Inc. (OTC: IQST) focuses on serving basic human needs in today's modern world. The company is preparing for a Nasdaq up-listing and has an impressive FY2023 revenue forecast of $105 million. iQSTEL recognizes that access to ubiquitous communications, virtual banking, clean, affordable mobility, and information and content are crucial in pursuing the human hierarchy of needs.
IQST operates through four distinct business divisions: Telecommunications, Fintech, Electric Vehicles, and Metaverse AI. The Telecommunications Division offers a comprehensive range of services such as VoIP, SMS, International Fiber-Optic, and a proprietary Mobile Portability Blockchain Platform. The Fintech Division provides remittance services, top-up services, a Master Card Debit Card, a US Bank Account without requiring a Social Security Number, and a mobile app. The Electric Vehicles Division focuses on Electric Motorcycles and plans to introduce a Mid Speed Car. Lastly, the Metaverse AI Division offers an immersive white-label proprietary platform for accessing products, services, entertainment, and information in a virtual 3D interface.
On July 12, IQST announced that its Q2 revenue of 32.5 million exceeded expectations, marking a 32% increase compared to Q1 revenue of 24.6 million. CEO Leandro Iglesias expressed confidence in surpassing the company's annual revenue forecast of $120 million, emphasizing iQSTEL's remarkable organic growth and significant merger and acquisition opportunities. The CEO anticipates that 2023 will be a transformational year for the company, potentially surpassing ten times the revenue achieved in its first year of operation in 2018.
This impressive revenue growth signifies IQST's successful execution of its business strategies and its ability to deliver essential tools to meet basic human needs. As iQSTEL continues to expand its suite of products and services through both organic growth and acquisitions, the company could be in the position for continued success and a potential up-listing to the Nasdaq, solidifying its position as a player in the telecommunications, fintech, electric vehicles, and metaverse AI sectors.
