iQSTEL Inc (IQST)

[Boiler_Master]

Just looked back 3 years. All quarterly reports were filed on time. This year's annual report was filed on time. Previous annual reports in '22 & '23 they filed extensions.

So we should see Q3 on time. The last two years they filed it November 14th. That's a Thursday this year so a pretty safe bet that's when we see it.

[videoRoB1]

They have not been filing late. The two for this year so far have both been on time.

So, no. Don’t expect late filings.

[mdb1]

Haven't they been filing late Qs. So expect the same this time.

[theSauceman]

Admittedly i like it better when 0.17 is a base than a cap, but Q3 just closed and their 10Q should publish in mid-Nov. SEC docs are news not PR. The numbers should be, by company estimation, good enough to lift the stock.

STRICTLY MY NON-PROFESSIONAL OPINION

[mdb1]

News is not moving this stock much recently. Stuck in the low $.16s or maybe worse.

[tabbycat]

IQST was 14 cents on 21 December 2023 looks like a double bottom is coming IMO

[Boiler_Master]

Fact? You said those shares are "about to be issued". That's not true at all. The note isn't due until Q1. They're trying to land better financing terms and repay that note. If they don't, they can simply refinance the loan. Or they could take a new note with another investment firm to repay the existing loan. IQST has never had an issue raising cash in the past, they're just trying to get better terms, not convertible notes. So they're extremely likely, almost guaranteed, to repay this note one way or another. To think they'll just neglect it and default in Q1 when they obviously have better options seems ignorant. And you claiming it's about to happen and claiming that's a fact is ridiculous. The company even referred to it as a bridge loan until they secure longer term financing with better terms. They have like 4 months or more until it's due. Stop trying to scare people to push the SP lower for your own personal gain.

[kym1216]

I got the S-1 from the SEC filings which is fact. https://www.otcmarkets.com/filing/html?id=17447237&guid=NQL-kn0KtM7-B3h

[cootcat]

It's sad to live in the past. Quit dreaming about the past look to the future. But they say history repeat itself and stock go up and down. Good Luck

[cootcat]

Another basher, floating around social media, is social media legal fact or what someone saying about it? Just another want to be special person.

[96decibelfreak]

Long timers, remember the good old days when we would have 300000 shares traded in a day, or the occasional 1-2 million shares traded in a day? Man I miss those days.

[kym1216]

It popped because it was pumped and the smart money got out. There is an S-1 that is floating around social media that shows several shares are about to be issued. The conversion rate seems really low. If they can't pay that off, which I am assuming they can't because they are looking for institutional investors, that dump is happening soon. I have to imagine that is what smart money is looking at. If people held after the pop, they have lost most of their gains. It will take big news to turn this one around.

[mdb1]

With all the GREAT revenue news - look at 6 month stock price trendline.
The stock price is headed how low??????

[mdb1]

Is the company/managers/officers the ones selling the stock?
If so do they not believe in the company?

[mdb1]

Stock price trendline is bad --> seems headed lower
How much lower?

[GigantorX]

Another great day for this piece of shit 

[vdt]

Ready for a POP soon. All tech are down, but IQST is the future.
It has been staying stably at .17. Just added 6500 shares.

[sricket]

Cootcat I'm by no means a teacher and only posting in fun. GLTA

[cootcat]

sriket. is there a space between M and e in Merriam. I do not have dictionary only a Webster, maybe mine old. My dictionary must be old because it does not give
me grammar lesson. You may have been a teacher, that does not make you any better, than anyone else on this board. You can trash this company all you want. It will not change my mine. Selling at $10 unless, it starts giving a dividend.

[cootcat]

BIG RDC, I think, I read a few postings from maybe a few idiots. Read a couple from maybe smart people. But genius people, my opinion is none. I believe iQSTEL could be a good bet. Anyone, who don't think revenue, does mean everything. Run your household without a paycheck. If you don't know it. Your paycheck is your family revenue. For business, revenue means ability for loans, no loans, no growth. You will always have bashers, let's hope they're all not idiots.

[snow]

sriket From M erriam-Webster: "'Better than I' or 'better than me'?

Some people think they're better than you because they say "better than I" instead of "better than me."

They're not, of course. They're just among the select group of grammar enthusiasts who think that than can only be a conjunction. You, on the hand, recognize that it can also be a preposition."

[snow]

sriket I think there are two alternatives. If you prefer to use "I" I think it should be "than I did".

[Big RDC]

They say the closest thing to a idiot is a genius Iam safe there Bro $$$IQST$$$$

[cootcat]

Thank You, MDB1. My grammar and spelling can be bad. Talk about unfinish sentences. Sometimes you have to read in between the lines. I think faster than I type. Plus I am a 3rd grade dropout.

[mdb1]

Anyone caring about proper English on message boards is nuts.
I don't correct spellings or grammar or complete sentences or even use correct grammar!!!!!!!!!!!!!!!!!!!

[Big RDC]

Red neck English that cool Bro $$$IQST$$$$

[sricket]

He gets the break
Just thought it was funny
Red is ok .

[cootcat]

Come on the give the ass a break. It was a typing error cold happen to anyone. By the way. What the matter with red neck English?

[sricket]

You spelled English wrong

"about 100 got better grades than me"
Shouldn't this be
About 100 got better grades than I.

[snow]

BM I was a teacher of English in the age group 16 - 19 for 10 years about 45 years ago. I still have not forgotten everything. After two years of my English studies at the University of Oslo about 3 out of about 100 got better grades than me. After that I studied Ehglish for another 2 years, among other things writing a thesis on the satires of Alexander Pope. Your vocabulary is very good to my mind. Sadly it is quite common to mix up the use of "its" and "it's". The latter suggests some sort of belonging. Hence it is natural to assume that it should be spelled the way you and quite a few others do. People simply have to learn by rote what is the correct spelling.

[Boiler_Master]

You're probably right, I pulled a B in English 101 and a C in English 102 🤷‍♂️

I got a perfect score in Business 101 tho. In fact, I got an A in all my business and engineering classes.

Appreciate the grammar tips. Let me know if I can return the favor and help you learn in the areas you're lacking.

[snow]

BM "Over time a garbage company that's failing will eventually see it's stock price decline and a great company that's improving will see it's stock rise." To me "that's failing" is spoken *English. Your language generally is hardly spoken English. "will eventually see it's stock price decline" Here "it's" is the language of the more stupid of Americans or people who have had no education of grammar. It should have been "its". Education seems to be in decline in the USA when it comes to writing correct English.

[Boiler_Master]

I've been talking about the company for alot longer than 6 months. And why do people always associate me with downtrends? Nobody mentioned me when it went from .08 to .39 lol.

The stock is down bc it rejected off of resistance at .40 the same reason it's up since it bounced off support at .08

Those weren't magical valuation points where people actually thought .08 was undervalued and .40 was overvalued. Had nothing to do with valuations or company performance, just chart patterns. Look at the perfect downtrend channel the last 6 months from .40 to .16 and ask yourself if the company's performance has been declining every week in a perfect downtrend to justify the stock moving that way? Obviously not. Company performance is up, Q2 filed in May showed 139% YOY growth. The stock is just trading based on charts.

It looks like the stock has found a local bottom at .16 If it starts an uptrend next month and you ask me why it's up, my answer will be the same, just the chart. It's a pennystock, the majority of volume is daytraders and a shitload of transactions nowadays are automated trades based on algorithms and charts.

But that doesn't last forever. Over time a garbage company that's failing will eventually see it's stock price decline and a great company that's improving will see it's stock rise. Over the last 3 years IQST has gone from 64M revenue to 290M revenue. The company has grown 350% and the stock has remained flat. It's due for a correction, but it was due for a correction last year too. So when will it happen? I don't know. But as long as the company continues performing well, it eventually will. And when it happens, I expect it to move fast.

Do your own DD bc I'm not a financial advisor.

[kym1216]

So why is this down so much over the past 6 months? You have posted so many positive things and it keeps dropping. Down about 50% since you have been talking about how much of a gem this is.

[oldman69]

I am being a little selfish wanting this to stay low or lower while I change my 100,000 shares of #IQST in my IRA to a Roth IRA then I have 5 years to hold which will give me maybe $5 a share of untaxable cash. Yes, no?

[vdt]

I am for long. Best is to buy more at this time. Now is a great chance to buy more.
IQSTEL Inc is a genuine company trying so hard. Think of Amazon trying hard for 10 yrs
God bless IQST. God bless all investors. Patience will be rewarded.

[vdt]

Repost: IQST has no plans at this time for a reverse split.

--------------

oldman69
Re: theSauceman post# 53246

Friday, September 20, 2024 3:57:37 PM
Post# of 53257
To clarify their official response to a RS is:
"Hi Dan, two things to be aware of: one, the company has no plans at this time for a reverse split. Secondly, if anything like that were to occur, it would only be in concert with investment bankers who would be infusing capital, possibly assets or through other means is part of a careful up listing plan. Further, we would seek shareholder approval to make sure everybody was in support. There would be no surprises"

Good enough for me!!!
Bullish

[mdb1]

It is hitting $.16s almost EVEY day now.

[Boiler_Master]

It's not. There's a convertible note due next year (not December). The money they borrowed for the QXTEL acquisition is on a 1 year convertible note. For others, that basically means the loan is backed by shares as collateral. The company has explained this and even referred to the note as a bridge loan. They intend to secure better, longer term financing and will pay off the convertible note before it's 12 month due date in Q1. That's part of why they are meeting with banks right now. They want to borrow 10M with better financing terms. About 5M would pay off existing debts, and the other 5M would go towards working capital, future acquisitions etc. However, even if they don't secure the 10M loan, they could simply refinance the convertible note for another year. They've never had a problem getting funding, they just want better funding terms than they have previously been offered, lower interest rates etc. So to think they will just completely neglect it and default on the loan in Q1 resulting in a share conversion is kind of ridiculous. But it is technically possible, and an S-1 had to be filed making shares avaliable while the convertible note is in place. That individual you responded to, he has been posting on multiple message boards regularly, for months, referencing the S-1 and trying to convince people the conversion is 100% guaranteed to happen by end of year and that there will be 50 million shares diluted. The convertible note isn't even 50M, i think it's 36M. The guy knows it's false information, he doesn't care. He's just bashing to spread fear and manipulate the share price lower.

[wooferwax]

They are not going to do anything rash until the 10K comes out next year which will have guidance going forward. Then maybe...

Company goals are just that...goals

[mdb1]

It's still in the $.16s and $.17s for all the news/talk.

[snow]

kym The second issue you raise was discussed I think some months ago. Boiler Master far from agrees with you as far as I remember. I forget the details but I suspect the situation is not as bad regarding dilution as you suggest.

[kym1216]

You nailed. it. How can they get listed this year without a reverse split. The problem is, how can they do a reverse split when they have that convertible out there that will turn into 50 million additional shares at the end of December. That S-1 they did in April is what has been keeping this down. The conversion is at .11. Which means they will be dumping 50 million shares at most likely .13 to .15.

[GigantorX]

Goal for 2024? LoL. 

No. Same old shit. Same old drop into the toilet.

[snow]

What makes t his post unconvincing:

"2. Nasdaq Uplisting: Management has made it clear that their goal for 2024 includes uplisting to the Nasdaq. This milestone, once achieved, is expected to significantly elevate the company’s visibility, potentially driving new investors into the stock.

3. Expanding Business Divisions: Beyond telecommunications, iQSTEL is making strides in emerging technologies like IoT, electric vehicles (EV), and even the Metaverse. These new revenue streams provide additional growth avenues that aren’t yet fully appreciated by the market."

The goal is for uplisting this year. There are just over 3 months to go. The pps will have to jump more than 1,000% for this to happen or there will have to be a reverse split. There is no assessment of the chance of this happening. Are there any significant new revenue streams?

[Mr.Fields]

With an 81% projected RPS growth and the QXTEL acquisition set to nearly double the company’s size, iQSTEL is making serious moves. Business circles are taking notice, and industry watchers are keeping a close eye on these developments. 📈

Full article here: https://pubcoinsight.com/pubco-insight-are-investors-missing-the-point-on-iqstel/

$IQST #Telecom

[snow]

oldman I think this is positive news. I am not always negative.

[oldman69]

To clarify their official response to a RS is:

"Hi Dan, two things to be aware of: one, the company has no plans at this time for a reverse split. Secondly, if anything like that were to occur, it would only be in concert with investment bankers who would be infusing capital, possibly assets or through other means is part of a careful up listing plan. Further, we would seek shareholder approval to make sure everybody was in support. There would be no surprises"

Good enough for me!!!

[theSauceman]

Sauerkraut, show me. Unless you can I'm sticking with the belief that the PREFER not to. I am bullish on $IQST and have hoped to see "no RS" mentioned by the company. Never have I seen an absolute NO. IMO they have left the door open just a crack in case push comes to shove and they have no other option in meeting their goal. If they are serious about NASDAQ and the timeline they have set runs out, then they could be faced with a decision. Thus the door is open a crack to prevent them from being cornered in to admitting they ever said "absolutely not." Do your homework and I believe you will never find that they ever said flat out NO, ABSOLUTELY NOT. Don't get me wrong, I appreciate and admire their persistence and drive to get to NASDAQ organically. And I certainly hope they (we) do. I think the company is strong enough, but if the clock winds down I will respect their decision and know they never lied about it. They will not surprise me and though I may think that a chosen option is not the best, I expect that $IQST will fill its spot in the sector.

[Sauerkraut]

They said " no RS" in PR's