Replies to post #50884 on iQSTEL Inc (IQST)

[lflhdy]

What you do not seem to understand is this is a penny stock. Until they are done with the toxic financing it will always be a penny stock. You can throw all kinds of made up numbers out there you want to it makes no difference. I agree the company has potential but until they stop acting like a stinky pinky they will be treated like one.

[lflhdy]

And while I am talking about them acting like a pink stock. What happened to LDA? last PR they stated DD was done just waiting on QXTEL to close. Next you hear they borrow money elsewhere, They sell an option, And they did a convertible note. I can tell you where the 1 million increase in O/S's came from. MANIPULATION which also caused this run. So expect it to retrace.
On January 19, 2024, we entered into a Share Purchase Agreement (“Purchase Agreement”) with Yukon River

Holdings, Ltd. (“Yukon River”), a corporation formed under the laws of the British Virgin Islands (“Seller”) concerning the contemplated sale by Seller and the purchase by us of 51% of the ordinary shares Seller holds in QXTEL LIMITED, a company incorporated in England and Wales (the “Company”).



The Company is one of the most advanced & diversified telecommunications and technology services provider focused on platform services for wholesale, retail and cloud communications service providers, wholesale carrier voice, wholesale carrier messaging (A2P SMS) and carrier technology services with over 20 years in the telecom industry switching more than 5 billion voice & A2P SMS transactions over 200 interconnections worldwide. Headquartered in London (UK) with regional offices in Florida (USA), Buenos Aires (Argentina), Dubai (UAE), Belgrade (Serbia) and Istanbul (Turkey).

The purchase price (the “Purchase Price”) payable to the Seller for the shares is US $5,000,000. Upon the execution of the Purchase Agreement, we agreed to deposit US $1,500,000 of the Purchase Price into the trust account of a law firm acting as escrow agent (the “Escrow Agent”) as a nonrefundable deposit to evidence our good faith intention to purchase the shares. If the Purchase Agreement does not close before April 30, 2024, the deposit is non-refundable. If the Purchase Agreement closes, the deposit will be credited against the Purchase Price.



At closing, in addition to the US $1,500,000 with the Escrow Agent that will form part of the Purchase Price, we are required to pay US $1,500,000 in cash and US $2,000,000.00 to the Seller, either (A) in the form of a promissory note (the “Promissory Note”), or (B) by the delivery of iQSTEL shares to Seller. Seller may decide the form of payment between the Promissory Note or the share of iQSTEL, and if a Promissory Note is chosen, we have agreed to allow Seller the option to exchange the Promissory Note for shares of iQSTEL.

Like I said the company shows potential but until they stop with the BS this is a flipping stock. Might as well make more money.

[snow]

Boiler The problem may be the opposite of dilution of only 10%. The point of departure should be that a company is worth what you pay for it. When IQST pays so little for the acquisition even though it has revenue of 80 million dollars the implication is that it is not worth much. This is underpinned by the minimal profits it generates. You make your calculations om stocktwits asserting that this stock should have a pps of many dollars in a few years. Your only interest seems to be the p/s: stock price in relation to sales. It is easy to grow sales fast by acquiring companies that have little value with high sales and little profits. But that does not necessarily create high profits which is what in the end matters. It looks as if you are having a hard job convincing the stock market that your reasoning is tenable. I have stated that I consider close to 40 cents to be fully valued at this stage. It now looks as if the stock market agrees with me. The pps has retreated after the recent run.