iQSTEL Inc (IQST)

[Boiler_Master]

Undervalued based on what?

LWLG annual filing

2023 revenue: 40k
2023 Net Loss: 21 million

2022 Revenue: 0
2022 Net Loss: 17.2 million

Market Cap: 495M

It's kind of the exact opposite of IQST.

They have a nice cash position of 31M, but that would be from the shares they issued last year.

Some kind of tech company making some device they are focused on "testing"? So they don't actually have a proven product being sold on the market yet, hints zero revenue.

No clue what that product could potentially do. But with zero sales, 21M Loss, and their market cap sitting at a 496 million, it better be one hell of a product with solid patents behind it and generating sales soon. Otherwise that $4.17 SP is probably getting pushed lower. We all know hedge funds love to short a stock below $1 to force a r/s and even $1 would still be over a 100M market cap for a company with no sales and major losses.

Again, idk anything about their product's potential, but their financials are shit. If it's undervalued I'd like to know why.