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rwa3848

01/25/24 9:36 PM

#49854 RE: rwa3848 #49853

I expect eps for IQST to exceed .10 by 24Q3 (If fintech is truly experiencing revenues now) or 24q4 (if not) without including the sale of EVOSS (which I can't conceive of them waiting beyond June )

rwa3848

01/25/24 9:59 PM

#49855 RE: rwa3848 #49853

The Convertible Note holder will seek to milk as much as possible from the 18% per annum (360 days/ 12 @30 day months) so that is why our attention should be on what IQST's strategy for meeting Pre-Payment terms will be (principal + interest + 10% prepayment fee paid in cash + no more than 10 million shares). Don't be surprised by the addition of 4 million shares to OS as a conversion of the provisioned instant accrual of 6 months of interest at 18%.

Questions for the board:
How long do you believe negotiations for this deal have been ongoing?
Do those negotiations predate discussion of EVOSS starburst?
If so, what progress could IQST have made on the lengthy legal paperwork timeline