Replies to post #12355 on iQSTEL Inc (IQST)

[griffygriff3]

I'm not exactly sure, but I believe I read that Stockholders Equity needs to be $4 Million. With regards to # of shares, per Nasdaq's Closing Price Alternative, we will need a minimum closing price of $2 and our total market value of listed securities must be a minimum of $50 Million. That would indeed mean we need a minimum of 25 Million Shares Outstanding if my math is right. The PR on Feb 20 stated that we had 22,872,219 Outstanding Shares as of Feb 19. Therefore, as of Feb 19 we only needed an additional 2,127,781 shares (to be issued and thus outstanding).