Welcome back to the channel everyone, we are beginning to see some momentum in the markets
with lots of green observed in the past week. So in this video I bring you updates on 2 of our
top ev penny stocks which have bullish outlook for 2022. So if you believe the OTC market is
about to bounce back then you want to make sure you have your eyes on these two penny stocks.
So please drop me a comment below if you do hold ALYI or IQST and let me know your take on
the company’s outlook. Also do me a favour to drop a like on this video to spread its reach
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That said let’s get on with it with our first stop, which is iQSTEL Inc. (IQST) which bouncing
back strongly on the back of the recent market selloff and now sitting at 59cents with a market
cap of $86m. IQST had hit lows of 49cents earlier in March and so as the market begins to digest
the impact of the geopolitical and inflationary pressures, we can only go back to the fundamentals
to drive the share price over time which for this one looks solid. They have been issuing
some bullish updates recently, which only bode well for the future prospects of this play.
This is one of my high conviction stocks and I’ve recently loaded in this dips.
We call these plays early in the discord, so if you want to get in early, enhance your
learning and investment opportunities, you should consider joining the private discord
via the link in the description below, where you join a group of people still able to make green
in their portfolios in this current market uncertainty. So here’s what’s new with IQST.
iQSTEL Announced that their 3 Target Acquisitions are Expected To Close Next Month.
And in a letter to shareholders, their CEO Leandro Iglesias provided details the company’s
ongoing progress toward its $90 million 2022 annual revenue forecast and uplisting to Nasdaq
in the first half of this year. The update is included the following highlights.
He said their new electric vehicle program is really gaining traction.
Their dealer evaluation program is underway and their EVOSS EV Motorcycle is winning hearts and
minds based on the feedback on the bike’s look, feel and performance, which is all positive.
As a result, the opportunity for the EVOSS EV Motorcycle is already growing beyond Latin America
as they had a dealer from Nigeria come to evaluate the EVOSS EV Motorcycle in Miami.
And this is really interesting because Nigeria is one of Africa top 3 economies
with more than 200 million people which is a very good fit for their EVOSS EV Motorcycle.
On the Fintech front, they have launched their MAXMO product,
which is the first product in their coming line of Global Money One products.
Here’s where it gets more interesting where he states their Fintech product line
is one of iQSTEL’s primary strategies over the next 5 years
expected to capture over $100 million in revenue with an estimated 30% profit margin.
And so if you think they’re forecasting a $90m revenue for 2022 and their Fintech has the
potential for a $100 within 5 years, it gives you an indication of how far this one can go.
He also announced that they expect to finalize and close three acquisitions
prior to April 30, 2022 and for shareholders to look for more details over the coming month.
So in summary, here’s what you need to remember with Iqstel
which could drive its share price to the moon.
1) Their M&A Campaign: which they anticipate will close within the next month
and they expect the revenue from the acquisitions to augment their organic 2022 Q2 revenues.
Instant value from June which is great.
2) Their Nasdaq Uplisting where the next step is to complete the 2021 audited financial report.
They remain optimistic that iQSTEL’s share price will organically rise to meet the
Nasdaq listing requirement and support our uplisting within the first half of 2022.
This could not get any better. We talking greater than $2 share price for Nasdaq listing.
3) And finally Their $1 Billion Objective: Where whilst their Nasdaq uplisiting is an
important milestone they want to keep this milestone in perspective as one small part
of iQSTEL’s overall objective of reaching and surpassing a $1 Billion valuation. Wow,
what an ambition and how exciting as I feel there is little reason not to get optimistic
about the price-per-share potential to organically increase to reach the Nasdaq
minimum listing price. You certainly don’t want to snooze on this.
Next up to our number 2 penny stock Alternet Systems, Inc.
(ALYI) which is currently sitting at 0.8cent per share with a market cap of $24.4m. ALYI
is beginning to bounce from its lows of 0.7cents being up 17.5% in the last 5 days.
But over the longer term horizon it still down 13% over the last 6m and significantly
below its peak share price at 3cents per share from October. So with lots of activities and
strategic milestones in the tank, I believe there’s a lot to help drive its share price
up over the medium to long term for those who can be patient. So here’s what’s new.
ALYI Announced their Electric Motorcycle Expansion Into Latin America
To Support Uber And Other Ride-Hailing Services.
They announced that they had made initial inroads into expanding their current electric motorcycle
production for ride-hailing services into Latin America. And by next week, Thursday, March 31,
they plan to publish more details on their Latin American expansion.
So certainly one to look out for as it could be interesting enough to make the market cheer.
ALYI also Taped into their Battery Technology Roots To Power their EV Ecosystem.
They said they are building an EV Ecosystem that includes organic and partner solutions
for all aspects of the growing EV transportation system.
ALYI has established the nucleus of its EV Ecosystem in East Africa
where it has already begun to rollout a comprehensive electric motorcycle enterprise.
And they recently confirmed with WaterPure International, Inc. (OTC Pink: WPUR) to work
on launching an off-grid, clean electric energy production, storage and electric
vehicle (EV) charging solution with an initial pilot expected go live in June of this year.
They’ve built on their partnership with WaterPure and confirmed they are On Track
To Deliver Off Grid EV Charging Solution. They said work on launching an off grid, storage
and electric vehicle (EV) charging solution is proceeding on track with a go live date in June.
ALYI’s EV ecosystem partnership network is growing and has achieved a number of notable milestones in
2021. The other EV ecosystem partners include WPUR adding sustainable EV charging solutions,
Priority Aviation, Inc. (OTC Pink: PJET), adding EV market expansion opportunity,
and iQSTEL, Inc. (OTCQX: IQST), contributing vital EV technologies.
ALYI’s EV Ecosystem Received Elevated Attention
Following their SXSW Participation Featuring Transportation Secretary
Pete Buttigieg. Their participation focused on representing the Company’s EV initiative in Africa
in addition to learning about the latest in global transportation initiatives.
Their CEO Randell Torno added that “The merit of their developing EV Ecosystem brand,
growing out of the rugged African environment, has received a substantial increase in attention
following the event,” which is all very good stuff and clearly one to watch as their events unfold.
So some very very interesting and mindblowing prospects ahead for these penny stocks
but only consider getting in if the price is right for you and if you fully understand the risks.
This video is not financial advice, a buy or a sell recommendation, but is meant to bring some
new and exciting penny stocks to your attention for you to do your own research.. As always I
would love to hear from you, so please let me know your thoughts on these top penny stocks
in the comments section below and what other penny stocks are catching your eyes lately.
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