Thanks - Apparently their plans are in full swing as we see the OS increase, that should mean they are working off more debt or old warrants. Then they have some plans in place to reduce that too. And the better the stock price is the more closer they are likely getting at receiving the maximum purchase price - more money to pay off debts.
What is great I think, is it feels like the former relentless selling has finally pulled back and the stock is up over 50% from the most recent low. IMO, the stock is doing pretty well for what could be the last days of any tax loss selling. And if there was some tax loss selling then anyone still interested may still be waiting for a good chance to get back in after satisfying the waiting period.
The two big purchases (instead of sells) at the end of the day wasn't bad either. We won't know until the numbers come in, but I am working on the theory that 2020 was largely a formative year as new business came in and gross margins were held back by startup costs. Where maybe 2021 is the year where the margins really begin to shine, and when maybe the newer relationships such as China Mobile and Telefonica began to really shine as well.
With all this revenue the company would not have to do anything else to be profitable other than to get the margins at the right levels. But 2021 also holds the potential of Fintech and other ventures that may add significantly and provide further growth.
In any event, 2021 has the potential to be the year iQSTEL starts an exciting new chapter, IMO.
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