iQSTEL, Inc., (PINK:IQST) Has Gained 450% In The
Past 4 Months, As A Secret Pick For Our Platinum Members.
Now that it has already gained as much us 450% for Platinum Members since it's initial release at $.07, we are excited to make our first reveal of the fact that iQSTEL, Inc., (PINK:IQST) was another secret penny stock pick released to Platinum Members! Platinum Member penny stock picks gained 7,474.74% combined in 2020 and this sudden growth on IQST has already kicked off this new year with an incredible gain for subscribers just as we begin this new year!
Remember to SUBSCRIBE TO A PLATINUM MEMBERSHIP for early access to these sorts of alerts well in advance of free members and the public. After all, it would have been very nice to have been clued into this one at $.07 as they were.
The most recent alert urging Platinum Members to take IQST seriously and ensure that it was on their watch list, was released just this morning. After that morning alert, IQST released news revealing that the company has eliminated all of its convertible note debt in effort to clean up its balance sheet for a planned application process for a national exchange, such as Nasdaq. This news brought heavily increased attention from investors and saw a mid-day run up.
The most interesting thing about our IQST penny stock alerts, have been that they came in two phases that each brought big gains. The first phase of IQST was launched by us on 2/24/20 and saw a huge 204% run for members. We moved on from there to release multiple other successful alerts on other companies and then chose to later re-release IQST as an entirely new pick on September 10th 2020, where it opened at just $.07. Today's high of $.385 and close at $.333 serves as testament to the power of this strategy.
In the remainder of this update we will provide some of the key information that we have previously provided to Platinum Members on IQST, as to why we feel that it is such a major contender within the OTC Market:
This Is What IQST Does:
As detailed within the companies press releases and within their bio on OTC Markets IQST offers “leading-edge 21st Century Enhanced Telecommunications Services with a focus on a wide range of cloud-based enhanced services to the Tier-1 and Tier-2 carriers, corporate, enterprise, as well as the retail market. iQSTEL through its subsidiaries Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform, itsBchain offers a "one-stop-shopping” for international and domestic VoIP services, IP-PBX services, SMS exchange for A2P and P2P, OmniChannel Marketing, Internet of Things (IoT) applications (IoT Smart Gas Platform), 4G & 5G international infrastructure connectivity, as well as blockchain-based platforms: Mobile Number Portability Application (MNPA) and Settlement & Payments Marketplace for VoIP, SMS and Data. “
This is what we said to Platinum Members about IQST verbatim on September 10th 2020:
“Due to a very well managed share structure with only 72,598,774 shares outstanding as of the last officially released tally on 7/31/20, the company's total market cap at this price remains under $5 million and considering that the reported revenue just for the month of July 2020 was $4.3 million, it stands to reason that this company may be trading significantly under value. That July revenue was a 290% increase over the same like-period in 2019 and revenue for 2020 is projected to surpass $11.1 million revenue in the second fiscal quarter of 2020.”
Those words could not ring any truer than what we saw in terms of growth action today. We clearly recognized it as being severely undervalued and it has proven itself each step of the way thus far.
While many companies that trade as penny stocks tend to only complete one portion of a winning equation properly, such as releasing press releases with no 8-K filings to back them up, or filing as well but wrecking the share price through dilution, IQST has been nailing each segment of the winning equation thus far. The company is very active with updates to shareholders, its financial filings are fully audited by a third party firm, as well as filed directly with the SEC.
IQST Recently Established A New FinTech Division That Is Expected To Significantly Increase Revenue:
According to an IQST news release, the FinTech division aims to provide financial service alternatives to the growing 272 million person global migrant population. This program aims to provide the common Paypal and Venmo types of applications that are not readily available to migrants. According to the news release, this program will allow migrants to have access to the following applications:
1. Send money domestically and internationally with low fees.
2. Send money via SMS using a customized SMS service (smart phone not required).
3. Pay utility bills with minimal payment fees (mobile, electricity, gas services).
4. VISA debit card solution.
Truncated Recent News Updates From IQST:
IQST has been releasing near back-to-back releases with impressive updates with some recent updates announcing record revenue, a new FinTech division aimed at payments programs for migrants, and a recent analyst report suggesting that the company may be trading significantly above value. As we mentioned, we do not place much weight in such analyst reports when it comes to companies that trade on the OTC but it was nice to see that the report picked up on many of the same factors that had brought us to previously determine the value that IQST brings to the table. IQST released an update announcing an agreement between IQST and Alternet Systems, Inc., (Pink:ALYI) for an LOI (letter of intent) for IQST's IoT (Internet of things) development team to work with ALYI's electric vehicle engineering and design program to develop two-way communication solutions that will be specific to electric vehicles. The news update explained that this collaboration seeks to tackle the following communications initiatives within ALYI's electric vehicles:
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Geo-location
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Battery Management
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Theft and Accident Interfacing with Emergency Services
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Remote Maintenance Management
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Vehicle Body and Component Leasing Management
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Driver and Passenger Personal Mobile Device Interface
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Rideshare System Interface
IQST Jointly Launched A New Subsidiary, As A Prepaid Debit Card Service (PDCS):
IQST announced that it would launch a new subsidiary with 25% owned by PayVMS and 75% owned by IQST, that will be called “Global Money One, Inc.” The purpose of this subsidiary is to operate as a Visa Prepaid Debit Card Service (PDCS). Today, IQST released a follow-up news release stating that this new subsidiary is projected to generate between $45 and $128 million combined over the course of the next five years. This means that it would be another huge boost of revenue to this company that already projected as much as $50 million annual revenue for current operations. If this new subsidiary does pull the sort of numbers claimed in today's press release, IQST would be one of the highest revenue generating companies on the OTC Market.
We always like to mention that when penny stock companies issue such large projections, we often suggest not taking them too seriously, in case those numbers end up being way off. In the case of IQST though, it becomes more noticeable being that the company has already been filing such huge revenue results, fully audited as a transparent OTCQB listed company, so it will be interesting to see how things go from here.
IQST Announced A 21 Million Reduction To The Outstanding Share Count By Way Of Conversion. This Allowed For A Significant Improvement To The Ease Of Price Movement:
One of our only major concerns with the growth of IQST was whether the company would improve its rate of dilution and the company answered those concerns for investors in spectacular fashion. In a press release, the company announced that it would reduce the outstanding share count by more than 22% by converting 21 million outstanding shares into preferred, class B shares for one year. This will lock those shares out of circulation, which means that there will be larger price swings on buy and sell pressure. This means that with all of the major developments that we know to be on the way with increasing revenue and the new FinTech payments division kicking off, if those developments bring the sort of increased buying pressure that we expected, that the price could increase rapidly over the course of the months to follow, and that expectation was spot on.
IQST Announced Over $5 Milion Revenue In November 2020. The Second Stright Month Of Revenue Above $5 Million:
We have mentioned often that as per the companies reporting, IQST is one of the largest revenue producing companies on the OTC and it is growing rapidly. Well, the company released a brief news update to bring awareness to the fact that the company saw over $5 million revenue in November 2020 and that this is the second straight month of revenue above $5 million. November 2020's revenue represented an increase of 277% over the $1.8 million revenue seen in November 2019. This represents an incredible rate of growth, leading us to once again say that IQST should absolutely be on your watch list. The company continues to project that it will surpass $42 million revenue for the fiscal year and has multiple projects that seek to vastly increase revenue prospects through this year.
With all of the above taken into account, it comes as no surprise to see that IQST has seen such rapid growth and the fact that the company may up-list to a national exchange like NASDAQ, suggests that there could be much more growth to come.
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