Institutional investors are businesses. They don't fomo and buy a stock on the spot after watching a 30 minute video. To think Friday's trading means institutions weren't interested is ridiculous.
If someone thought it might be a good investment they're going to have several people at the office review the company and all their filings and determine their own projections and valuations. If they decide it is a good investment they're going to review all their options such as buying on the open market, or approaching the company to buy a large amount of shares directly from them at a discount, or other investment options like loaning the company money. They're also going to take time to discuss and determine exactly how much they want to invest, the strategy for acquiring those shares without driving the SP up in the process, how long they intend to hold or what their exit strategy is etc. And if they decide to start buying shares on the open market, we won't even know. They'll just start quietly accumulating. They may place a number of 5k buy orders every day, or they may watch and when they see like 30k or 50k+ sell orders go on the ask, buy those up. But they are not going to just start buying in a way that immediately drives the price higher. They'll want the SP to remain low while they accumulate as cheap as possible over several weeks or months. With IQST's volume, it would take months to acquire even $1,000,000 worth of the stock. Any faster would drive the price up and then they're forcing themselves to acquire at a significantly higher valuation.
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