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jerseyboy

06/05/21 12:18 AM

#29317 RE: Knux #29313

As I am honored to be watching by your side. I find it somewhat encouraging that the latest share count posted here a few days ago shows no further dilution, and I agree entirely with your fourth paragraph. I think the economic support the company has from the clandestine and mysterious family offices and institutional investors is solid, and I think they want to and believe they can get rich from the company's development, which would be made more difficult by any further dilution. I have to hope that the investments and further M&A activity to which you refer are being evaluated accurately by management, but I as well would prefer a developmental focus on the technology and assets we now have. If whatever transpires makes me nervous and I think it is ill-advised, if the share price drops to anywhere near my basis of $.35, I'll consider moving on to certain other companies that I hold in whose development I have a strong level of confidence.

TRAINWRECK

06/05/21 6:02 AM

#29320 RE: Knux #29313

Knux , nervous is right! They all of a sudden are pumping this m@a like its the catalyst. It’s like I O T , VISA ONE MONEY LAUNCH, and all the stuff they have been promoting isn’t going to do anything! So they raised some cash and are trying to buy revenue. All these launches but always 60 mil forecast ! I dont buy the assumption they dont know what they are doing. They are grasping trying to put a business model together that works. M@A to me means the model we have ain’t working.

jerseyboy

06/05/21 10:44 PM

#29334 RE: Knux #29313

There was recently an interesting exchange on the Ambassadors site that I have posted below. I find it to be somewhat reassuring.

Ambassador:

I'd be interested in hearing why the leadership at IQSTEL has decided that the 3 million on hand is better suited for M&A activity rather than focusing on developing the existing pipeline? There is already a lot of potential in the pipeline that could use an injection of capital for development and marketing purposes. Why not use the cash for those purposes? Moving forward with further acquisitions at this juncture makes some long term investors a bit nervous.

Iqstel:

Hello. We agree. simply investing money into acquisitions to increase revenue would be detrimental to our current subsidiaries that needed capital for growth. Therefore, we have already identified which subsidiaries need the capital for growth and put together a plan for their growth as a first priority. The second priority is the acquisitions. We feel that we have structured the company and properly prepared for handling both.