iQSTEL Inc (IQST)

[oldman69]

Once again clear interpretation of facts without bias. Thanks Steve, great job!!

[cootcat]

Boiler_Master, you're wasting your breath. The person will say anything. She makes thing up. Like if they go bankrupt. The person just wants it his way. People can read. They will interpret it their way. I will say I agree with you.

[Boiler_Master]

I will also add, the car title analogy is flawed since a car only has one title. One person possesses one title. For a company, it's broken into multiple shares of capital stock. IQST will own 51% of those capital stock shares, Lynk Holdings will own 49% of the capital stock shares. So in court, it's not like arguing over who gets the 1 and only car title. It would be arguing over who gets how many of the shares of capital stock. Voyce wanting Link Holdings to give back their capital stock shares if they default is one thing. But Voyce wanting IQST to hand over their shares that they paid for in full is an entirely different scenario. That would be more like you buying a car from a dealership with cash, and say 6 months later a random bank calls and says the dealership didn't make their loan payments so they want you to hand over your car to them... You didn't borrow anything from that bank, and you didn't sign any agreements with them, the dealership did. So fuck that bank, they have no ground to stand on wanting anything from you.
There were no agreements between IQST and Voyce mentioned in the filing.

Again, not a financial advisor.

[Boiler_Master]

Read the filing again...

"The Seller agrees to use these funds for the amortization of the payments that it owes to Voyce in relation to the goodwill acquisition contract between Lynk Holding and Voyce Telecom."

"The payment of this loan will be guaranteed with the portion of dividends that correspond to Lynk Holding LLC when the Company makes a dividend distribution."


So he is legally obligated to put the 1.5M IQST is paying him towards that debt repayment. There are also provisions to use any of his share of profits (dividends) towards debt repayment as well. So he won't get a dime of the profits if he isn't repaying the loan to Voyce. IQST as majority owner has control over dividend payouts regardless, and included those stipulations up front in writing. Hypothetically, if he doesn't pay, he won't make any money from Lynk Telecom, will be in breach of two contracts and be sued by Voyce and IQST both, and will be in breach of his obligations as CEO losing his job too. He would have nothing to gain, everything to lose.

It's a very interesting scenario that took me a bit to consider. But I cannot see how he would have any motivation at all not to repay that debt. And considering he is legally selling 51% of Lynk Telecom, his contract with Voyce must have legally allowed him to do so. Therefore, even if he defaulted and they tried to go after his assets, they should only be able to take his 49% ownership and not effect us. That would be a lawsuit between Link Holding (not Link Telecom) and Voyce. That's why I emphasized in my video that the debt belongs to Lynk Holding.

Again, not financial advice. Well, not legal advice either bc this is more lawyer and business law stuff than financial.

[lflhdy]

Ok I can buy that. Now let's discuss the 9 million dollars Omar owes the investors of LYNK. I see in the 8K the plans to repay it but the way I see it is like buying a car, The bank holds the title till the loan is paid and you can not sell that car until then. Now I know he is only selling 51% but that is still collateral, What if and I know it is an if but lets say he gets the 1.5 million from IQST then files bankruptcy. Now we are tied up in legal proceedings The investors technologically own LYNK so here we sit with IQST thinking they own 51% but good old Omar just got an extra 1.5 from IQST. Just sounds shady to me. Hopes it works out the way they have it laid out but back to the car I would not buy a car I could not get the title to. GLTA that still hold.

[Big RDC]

Thanks again Boiler-Master YOUR THE MAN $$$IQST$$$$

[cootcat]

Boiler_Master, I think you explained it so a high school student could understand it. Some people just want to play dumb. I think he just hung up a stock buy back. A buy back doesn't always mine a share price increase.

[cootcat]

I did not see or hear any up- front money. Hundred and twenty-five thousand dollars after closing, per month for 12 months. Unless I hear it wrong. That better growth than puy back. My opinion.

[cootcat]

also, should have thank Boiler Master, thank you

[Boiler_Master]

I explained it in the video. They're saying some of the profits they make from Lynk will be reinvested into Lynk to grow the business.

Since it will be IQST's profit to do with as they please, reinvesting it will be considered a loan to the business and they'll get it back later.

This investment is contingent upon Lync achieving certain financial milestones, which basically ensure the only money IQST will invest into growth of Lync is part of the profit they make from Lync. If Lync does not achieve those operating income milestones making IQST that level of profit, IQST will not be required to invest anything into the company's growth.

[lflhdy]

Going to reread a few more time but are they saying they have enough money for the acquisition plus going to turn around and lend them money? What about paying back the notes they already have.

[Big RDC]

Thanks Bro

[cootcat]

Thank You

[mightymite1]

IQST Acquires Lynk Telecom! 8k Details Explained
From; Boiler_Master

[cootcat]

Why all the congrats? What the big deal? He bought shares of stock at .36 cents. He could have bought them two days ago at 34 cents .Why do of you feel. You have pat him on the back. I will wish him good luck. But care less about his purchase.

[Big RDC]

Congrats Bro $$$IQST$$$$

[quigley24]

CONGRATS.......YOU GOT A VERY GOOD BUY AS YOU WILL SEE IN COMING MONTHS.......IQST ALL THE WQY

[mightymite1]

Just Got 2600 Shares at .3600

[oneforone]

Dont sound good~~ Fromthe SEC file
We have suffered recurring losses from operations with an accumulated deficit of
$26,084,133
as of December 31, 2023,
and do not have an established source of revenues sufficient to cover our operating costs.

[theSauceman]

Looks clear to me. Why the fog?

[oneforone]

No big buyers because
the net profit is just About 1%
and the average telecom net profit
is over 12 %

[lflhdy]

Well for starters LYNK telecom has 3 Satellites and LYNK Global is merging with Slam Corp and plans to go NASDAQ second half of this year with the launch of 784 satellites by the end of 2025. So comparing the two one is Verizon while the other is a tracphone buying from the big boys to use towers/Satellites. So maybe instead of switching back and forth from bashing to pumping to bashing to pumping and calling people names maybe you should do some research. We all have different opinions but all I see from you is name calling.

[Imindog]

20 million to add 1 million net is huge buddy!! Do the math that’s 5% net margins !! Who cares what the company is with those margins lol

[Imindog]

He states lynk telecom and you know this so why ask it ?

[mightymite1]

Not Sure,,,,, I Just Copied & Paste The Verbiage in There Posting!!

[wooferwax]

I believe Lynk telecom. Made the same mistake earlier.

[lflhdy]

Is this merger with LYNK telecom or LYNK global. Both do satellite to phone but very different companies.

[mightymite1]

https://www.lynktelecom.co.uk/
Hello Leandroi,
Just want to let You Know that I Have the Most
Confidence of Investing in Your Company!!
Looking here for Quite Awhile and Looking
Forward to a Long Relationship. I know
There are others with Even More Shares
Then My 400,000. Hoping for The Best for
Everyone,,,,, Thank You !!

[jmgotch]

Growth by acquisition I’m loving it. This is how the big boys do it.

[Imindog]

Let it rip !!

[Boiler_Master]

Ya there will be a filing soon. Last one took about 2 weeks but they filed a full super 8k showing QXTEL's entire balance sheet unlike previous acquisitions. Maybe that was done bc they had been working on the deal so long and it's a major company, or maybe that's the new norm we can expect since they want to be Nasdaq worthy and it shows transparency. I'm not sure which to expect.

Either way, I'm excited it's a US business and even has retail customers. This could be a game changer for the company.

As for payment for the company, considering it's a US company I would think the owners are in the US and therefore more familiar and involved with the US stock market meaning they will be more inclided to review and potentially accept the majority (if not all) of their payment as a stake in IQST. Especially at this valuation and having been able to review IQST's books from the inside as part of the DD both companies perform.

QXTEL cost 5M, I would imagine this company will be similar since their net incomes are about the same. I'll have to review and confirm the details, but I believe Yukon Rivers was offered part of their payment for QXTEL in the form of IQST shares at a 20% discount from the VWAP. SP will probably be significantly higher by closing date July 1st, but even at today's trading range, say the VWAP and 20% discount puts them at receiving shares around .30 that would be something like 5M payment / $0.30 = 16.7M shares as kind of a worst case scenario. I would expect much less, but even if it turned out that way, it would only be a 9% increase is shares in exchange for adding a profitable US company. The value of expanding their US presence, especially to retail customers, is worth significantly more than that to me so I view this as an extremely good move and am not at all concerned about what the financing terms will be. I believe there is very, very little chance I read the 8k and decide I'd rather they not buy this company. But I do expect bashers to bash no matter what the purchase terms are. They're already blowing up boards saying "how will they pay for it" lol. It'll come with some new shares being issued one way or another, but it'll be value added for shareholders or they wouldn't be buying it. The company's future just got so much brighter IMO.

[oneforone]

Last S1 April 12 2024
and do not have an established source of revenues sufficient to cover our operating costs.
Here is the link
https://www.otcmarkets.com/filing/html?id=17447237&guid=zBQ-kHlLxdifJth
Going Concern Considerations
Our consolidated financial statements incorporated into this prospectus have been prepared assuming that we will continue as a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. We have suffered recurring losses from operations with an accumulated deficit of $26,084,133 as of December 31, 2023, and do not have an established source of revenues sufficient to cover our operating costs. These conditions raise substantial doubt about our ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

[lflhdy]

Not saying this is bad news. But usually a sign when news comes out before a filing, The filing is not what people expect. We also have an option waiting to buy in that as B Master stated they would buy in high just not seeing that happening. GLTA.

[lflhdy]

Have to wait for the 8K, It is supposed to have the details.

[Imindog]

This is by far there best aquisition yet as it changes there net margins significantly!! Now they can get a premium for there services!! Power move for sure!!

[oneforone]

Where is the money coming from to pay for it.
They dont have enough net income to make more payments like the last one.
In the hole again ?

[wooferwax]

?

[oldman69]

IQST – iQSTEL Announces Agreement to Add $20M In Revenue and $1M in Net Income with Acquisition of Lynk Telecom


iQSTEL_Logo


NEW YORK, May 10, 2024 -- iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) a US-based, multinational, fully reporting and audited publicly listed telecommunications and technology company preparing for a Nasdaq up-listing today announced executing an agreement to acquire a 51% membership interest in Lynk Telecom (Lynktel.net).

Lynk Telecom Highlights
• $20 million in estimated annual revenue
• $1 million in estimated annual net income
• Full suite of wholesale and retail telecom services for US market
• Strong US network and commercial presence
• Retail services expansion plan projected to deliver a million dollars in operating net income or more by next year

The acquisition agreed to in the sales and purchase contract executed today is expected to close no later than July 1, 2024 after due diligence is completed. The terms of the agreement call for iQSTEL to buy 51% equity ownership of Lynk Telecom. Comprehensive details will be filed in a form 8-K.

Omar Luna, CEO of Lynk Telecom said, “I'm absolutely thrilled to join the iQSTEL family. The support and synergies that iQSTEL offers are invaluable, and I have no doubt that they will help us double our business in a relatively short period. This partnership is a fantastic opportunity for growth, and I can't wait to see where it takes us.

Leandro Iglesias, CEO of iQSTEL said, “Lynktel is a very strategic acquisition for iQSTEL adding substantial operating and net income in proportion to its revenue base and giving iQSTEL enhanced presence in the US market. Lynktel takes iQSTEL one step closer to realizing our billion dollar annual revenue goal.”


About IQSTEL:

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly listed company preparing for a Nasdaq up-listing with an FY2023 $120 million revenue forecast. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in today's modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today's pursuit of basic human needs: Telecommunications, Fintech, Electric Vehicles and Metaverse.
The Enhanced Telecommunications Services Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.
The Electric Vehicles (EV) Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Cars.
The Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) includes an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.
The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions. iQSTEL has completed 10 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

iQSTEL Inc.
IR US Phone: [phone]
IR Email: [e-mail]

Contact Details
iQSTEL Inc.
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[e-mail]
Company Website
www.iqstel.com





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[oneforone]

How they going to pay for it ?

[Leandroi2002]

News out

$IQST - iQSTEL Announces Agreement to Add $20M In Revenue and $1M in Net Income with Acquisition of Lynk Telecom (www.lynktel.net) #otc #otcmarkets #nasdaq #telecom #telco #ev #fintech #metaverse #AI #billion #recordbreaking #revenue #acquisition

https://www.prnewswire.com/news-releases/iqst--iqstel-announces-agreement-to-add-20m-in-revenue-and-1m-in-net-income-with-acquisition-of-lynk-telecom-302142170.html

[Big RDC]

We will tap new 52 week high today $$$ IQST $$$$ 💯

[Belg]

NEW YORK, May 10, 2024 -- iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) a US-based, multinational, fully reporting and audited publicly listed telecommunications and technology company preparing for a Nasdaq up-listing today announced executing an agreement to acquire a 51% membership interest in Lynk Telecom (Lynktel.net).

Lynk Telecom Highlights
• $20 million in estimated annual revenue
• $1 million in estimated annual net income
• Full suite of wholesale and retail telecom services for US market
• Strong US network and commercial presence
• Retail services expansion plan projected to deliver a million dollars in operating net income or more by next year

The acquisition agreed to in the sales and purchase contract executed today is expected to close no later than July 1, 2024 after due diligence is completed. The terms of the agreement call for iQSTEL to buy 51% equity ownership of Lynk Telecom. Comprehensive details will be filed in a form 8-K.

Omar Luna, CEO of Lynk Telecom said, “I'm absolutely thrilled to join the iQSTEL family. The support and synergies that iQSTEL offers are invaluable, and I have no doubt that they will help us double our business in a relatively short period. This partnership is a fantastic opportunity for growth, and I can't wait to see where it takes us.

Leandro Iglesias, CEO of iQSTEL said, “Lynktel is a very strategic acquisition for iQSTEL adding substantial operating and net income in proportion to its revenue base and giving iQSTEL enhanced presence in the US market. Lynktel takes iQSTEL one step closer to realizing our billion dollar annual revenue goal.”

[chas1]

My humble opinion is still Five Bucks and beyond..

[Imindog]

Very very soon!! Very soon about to go parabolic boys!!

[Imindog]

Lastly, now that iqst is profitable we should have investors lining up to get a piece of those increasing margins right ? Glad we agree!! Now get back to work punk and pump it up !!

[Imindog]

Your ignorance and stupidity shows boiler!! See unlike you , Shane, and Joe I have merit when I speak as I have proven my stake in the company!! Pump it up boiler let’s roll!! Where’s your other aquisition you guaranteed us was coming 2 weeks after qxtel? I mean at this point nothing but volume moves this stock!!

[KenFresno]

I can't tell you what a relief that is. You and the company both might consider the adage "Less is more". Or even better, "Less talk, more action".

[Boiler_Master]

Prior to 2018 the company was Private and called Etelix, you were not an investor.

IQST is profitable now and consistantly improving the top and bottom line. So a guy like me saying it's value is increasing, well that's just common sense. I'm not gonna waste any more energy debating it with you.

[KenFresno]

That shows your pumper come lately status perfectly. This stock changed tickers in 2018 from PSNX (scam) to IQST (??). I still own a very small portion of those shares. Since I have traded this stock when there has been the movement to do so. Not all shareholders go all in, hold and hope for the big lottery win you constantly claim will be coming. (won't)

I won't be going away regardless of any of your childlike "analysis" coming my way or not. By all means keep running from platform to platform pumping and putting your guesses out there for any clueless saps that are willing to leave their money here.

[Boiler_Master]

Reply to the message where I said that please, I'd like to see it lol.

And yes, imindog said he took a 100k loss. Stock is up over 100% since he said that.

And Kenny claiming to be trading the stock 6-7 years is interesting since they just went public in 2018.

I need to stop feeding the pigeons or they'll never go away.