iQSTEL Inc (IQST)

[Boiler_Master]

Buy back would generate hype, but that's about all. Spend 2M cash to buy back say 3% of the shares and mathematically the underlying value of our shares would improve by about 3%. So spending 2M buying back should result in a 3% share price increase. Anything more would be an over reaction based on hype, not added value. Aka it pumps the stock but doesn't actually do much for shareholder value. Long term, the cash is better spent reinvesting in the business. With that example 2M cash, they can add a hell of alot more value for shareholders if it's put towards something like another acquisition.

However, being on the OTC, improving fundamentals and shareholder value doesn't seem to be getting the job done as fast as we would like it to. At some point if the SP is not reacting as it should, they may need to consider "wasting" money on pump tactics instead of improving the business because that seems to be what our investor base wants from them. I don't want to see money spent in that way, but it may be necessary if the stock is still below $1 after the 2024 financial come out on next year's 10k.