Replies to post #39303 on iQSTEL Inc (IQST)

[peterpanwasjusthere]

Here's one question I'll be paying close attention to: given the cash balance for the Company at year end was over $3MM, and they have done a nice job brining down their loan payables (ie, approximately $550K as of 12/31/2021 vs a $3MM+ balance owed a year prior) and derivative liability (zero as of 12/31/2021 vs over $1MM a year prior), why did the Company feel compelled to issue these 2MM shares in March/April 2022 and bring in this incremental $1MM of cash? Why further dilute the stock at this time given the operational progress the Company is making? Are these funds going towards acquisitions? Transparency is critical during these challenging market times. Hopefully IQST management overdelivers on the information front.

The liabilities section of the Balance Sheet appears to be in very solid and healthy shape per these 12/31/2021 financials. I hope they keep it this way.

[peterpanwasjusthere]

Here is IQST's recently updated cap table information per the OTC Markets website. Note that there are no changes to the Outstanding and Unrestricted Share counts since April 11th, and the Float figure has finally been updated and reflects and increase of ~13 million common shares from April 2021:

1) Authorized Shares:
300,000,000 - 05/02/2022
300,000,000 - 04/11/2022
300,000,000 - 03/28/2022
300,000,000 - 03/21/2022
300,000,000 - 03/07/2022

2) Outstanding Shares:
149,357,358 - 05/02/2022
149,357,358 - 04/11/2022
147,357,358 - 03/28/2022
147,357,358 - 03/21/2022
147,357,358 - 03/07/2022
147,357,358 - 02/07/2022

2a) Restricted:
5,107,321 - 05/02/2022
5,107,321 - 04/11/2022
5,107,321 - 03/28/2022
5,312,321 - 03/21/2022
5,530,207 - 03/07/2022
5,530,207 - 02/07/2022

2b) Unrestricted:
144,250,037 - 05/02/2022
144,250,037 - 04/11/2022
142,250,037 - 03/28/2022
142,045,037 - 03/21/2022
141,827,151 - 03/07/2022
141,827,151 - 02/07/2022

3) Float:
144,250,037 - 04/22/2022
131,363,757 - 04/21/2021

Per the Company's 10-K:
NOTE 16 – SUBSEQUENT EVENTS. Subsequent to December 31, 2020 and through the date that these financials were made available, the Company had the following subsequent events: On March 31, 2022 the Company sold 2,000,000 common shares under a subscription agreement of our Regulation A offering statement for an aggregated amount of $1,000,000. The shares were issued on April, 6, 2022.