iQSTEL Inc (IQST)

[snow]

"The company recently reported more than $50 Million revenue for Q1 FY2024, and now is reporting $27M just for the month of April alone." The stock market seems more shrewd than management may have realized in his apparent attempt at deception. Average monthly revenue seems to have been about 17 million dollars in the first quarter. What management does not say is that the month of April included the acquisition which had revenues of 80 million dollars or about 6.5 dollars per month last year. With some growth by the acquired company the growth then is reduced to about 3 million dollars instead of some 10 million dollars per month.