iQSTEL Inc (IQST): Q1 showed a net loss of 158k with cash o...

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Tuesday, 08/08/2023 9:37:03 AM

Tuesday, August 08, 2023 9:37:03 AM

Q1 showed a net loss of 158k with cash on hand being 1.77M. At that rate, 1.77M ÷ 158k = 11.2 quarters, or just shy of 3 years. We shall see how Q2 performed next week but I don't get the feeling they're desperate for cash at the moment.

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