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jerseyboy

08/04/21 9:47 PM

#31340 RE: Stockrisk #31339

Given the current state of things, they won't be raising any money selling them at $.50 when they can be bought in volume on the open market at $.43!
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jerseyboy

08/04/21 10:28 PM

#31342 RE: Stockrisk #31339

According to today's filing, all 20,200,000 shares will be sold at $.50 when possible. When they are able to sell them, here's what they'll do with the money.

Expenses of the Offering - $50,000
iQSTEL Budget Expenses 2021 & 2022 - $1,000,000
Marketing Program Reg A 2021 & 2022 - $750,000
Capital Infusion for business growth 2021 & 2022 - $880,000
Funds for New Subsidiaries Acquisition(s) 2021 & 2022 - $5,400,000
TOTAL FOR iQSTEL - $8,080,000
Discount and Commission - $2,020,000
TOTAL OF THE OFFERING - $10,100,000