Boilerplate cover-ass included in financial reports of all such small emerging growth companies - insisted by any auditor worth their salt. Nothing more.
I don’t know why people waste their time highlighting this generic paragraph. It’s literally in every legit companies financials. It’s there as a CYA for situations like COVID, market crash or the company collapses for whatever reason. It’s even in apples financials, ofcourse they say they do have the cash lol. The goal here is for IQST to say they do, but it’s should only get a golf clap an move on since it’s irrelevant legal speak.
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