Replies to post #37275 on iQSTEL Inc (IQST)

[foti1kenobi]

25M plus shares have been traded since Jan 1st which is I believe when the deal was closed. 5.7M shares have been absorbed many times over. This is the first of any kind of class A shares sold since March of 2021. Their is something else going on here.
Some predatory entity wants this to be held down and clearly they are closing it red at all costs almost eveyday this year. A lot of shady business goes on behind the curtain and somebody has a hand in suppressing IQST. Maybe its out of spite, maybe they offered IQST a lousy deal and Leandro told them where they can stick it. I would not begin to speculate other then somebody wants a piece of this company. I dont blame them. The future here is bright.
However in my opinion a share buyback does nothing. If MM's want to short this without having to locate shares legally they can by being short exempt....essentially legal naked shorting.

[moneyman2013]

woofer, I agree. That is why the details of the agreement are critical to understand if this might (and I stress, might) be a reason for the SP falling.

Joe, they are more willing to speak with you in detail...can you confirm if this was the case? I have pinged them on it, with no response. would be good to know if the $2.75mil was a share exchange with no limitations.

I will say, that if the IB is the one doing this, they are a VERY shortsighted institution. They too have to answer to their investors, and if the opportunity for a 4X-10X was a distinct possibility and they just dumped out the shares for a small pop, they were VERY dumb.

Just my opinion...best to all longs!

Thanks...