iQSTEL Inc (IQST)

[snow]

Boiler Thanks for a constructive post. I was impressed by your arguments a few months ago when you explained why there was no reason to expect that there was no reason to expect the pps to drop to 15 cents or lower because of the acquisition. The fallacy in your reasoning now the way I see it is that this business activity seems destined to continue having a very low net profit margin because the gross profit margin is so low. Gross profit a bit less than 5million dollars from revenues of 144 million dollars based on my memory. That is a gross margin just over 3%. I would like you to explain how a net profit margin of say 6% can be achieved. My understanding is that the business of this company is very different from the ones you mention because the gross margins are so much lower.