Replies to post #29315 on iQSTEL Inc (IQST)

[peterpanwasjusthere]

Spot on Knux.

The capital markets is an area I know a little something about given decades of experience, and IQST has little if any of this capability in house based on what I have seen. No matter how well a Company performs and delivers operationally, if they wander into the deep blue waters of the public capital markets without properly being tooled and represented, they can get their heads handed to them with their stock and retail shareholders getting destroyed in the process. This happens regularly in the market, and I see the risks as high (as in defcon 4 high) now with IQST. I'm not interested in a hope investment strategy, and pride myself on making objective, fact based decisions when it comes to my money, and it has served me extremely well. In my view, there are several better risk-reward equations currently available elsewhere in the equity markets, so I've sold my 7 digit holdings here and exited the building. What's truly unfortunate with this situation is rather than buying many of my shares in the open market, given the Company's recent financial performance, if they had approached their existing shareholder base back in Q1 with an offer to buy a slice of the ~36 million shares they just sold at a dime, I likely would have bought a big chunk of them at the 20 cent level. Selling at a dime given the news under their belt at the time smelled off. But the Company chose the route they did *for whatever reasons* and blew up their share count (otherwise known as massive dilution) and my confidence in management in the process, and I'm also guessing there were little to no real lockup or restrictions on resale of those shares, which if accurate potentially makes this a dead stock for a meaningful period of time in my book. Moreover, they did not deliver on the IBank announcement as forecasted - so who knows who is assisting the Company with all of their equity related transactions, maybe no one? That would be a scary scenario if true. While all this has been going on, Company management has been silent and tone deaf to many of our retail shareholder concerns.

I may come back if the Company ups their game, but for now I will watch from the sidelines. I refuse to be their ATM machine regardless of how high this stock may rise.

Have a great weekend, and I hope to see you on the SIRC Board at some point.