Today I want to talk about IQSTEL
OTC ticker: IQST
This stock has got some huge upcoming
catalysts and will become a nasdaq
company in the coming months so if you
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IQSTEL is a us-based technology
company offering leading-edge
telecommunication and technology
services for global markets this company
is a fully reporting penny stock with
fantastic
corporate governance and independence
board of directors and an audit
committee iqst offer leading-edge
services in both business to business
and business to customer divisions
through its seven subsidiaries across
five separate business divisions these
include the blockchain division through
its subsidiary its b chain the
technology division through
award-winning subsidiary iot labs
its fintech division through global
money one which uses a blend of industry
expertise state-of-the-art technology
and compliance requirements to create
disruptive solutions that deliver
control security and real-time payments
and international money transfer evs
serves as a one-stop shop for the ev
industry while the telecom division is
the largest of these being made up of
swiss link italics
q global and sms directors
all coming in under the iqs telecom
brand the company has presence in 15
countries and its products and services
are used in several
industries such as telecommunications ev
financial services chemical and liquid
fuel distribution industries through its
subsidiaries iqstel is interconnected
with some of the world's largest
telecommunication companies such as
vodafone verizon orange and even ibm.
During 2021 IQSTEL announced that it
became a debt-free company and is now
completely debt free with no convertible
notes warrants permissory notes or
settlement agreements from its balance
sheet and we will see this in more
detail when I look at the balance sheet
later in this video. IQSTEL's business
strategy is to develop their businesses
with high margin anibita contributions
in areas such as ev internet of things
technology and blockchain solutions this
approach will make IQST
one of the leaders as a one-stop shop
for high-tech services
iqst expansion potential in light of
michael berry electric
motorcycle investment and a 1.2 trillion
dollar market entry now the title of
this press release is a bit click-bait
but it certainly caught my attention
while overall market performance
continues to reflect a degree of
uncertainty in reaction to the involving
pandemic ukraine tensions and
anticipated interest
rate hikes iqs tells improving future is
otherwise becoming more predictable as
we continue our advance towards the
nasdaq listing
now we have seen the impact of these
three factors recently especially the
ukraine tensions the markets have been a
bloodbath over the past few weeks and we
have seen major global stocks nosedive
and generally the more speculative the
stock the more in the rate it has been
management believed that the upcoming
audited financial report for 2021 will
further confirm the prospects
accordingly
leandro iglesias
is confident that confirmation will be
reflected in the iqs tells share price
as I have said before I remain
optimistic the iqs tells share price has
the potential to increase organically to
meet the nasdaq minimum listing price
while we have already published
what we expect to report 64 million in
revenue in our audit financial report
for 2021
and that our shareholder equity in the
2021 report will meet the nasdaq minimum
listing requirements I believe those
figures are yet reflected in the
company's share price
we have also reported an estimated 6.7
million dollars in revenue for january
2022. this represents a 42 increase
year-over-year and management belief
that q1 results will bring credibility
for the 2022 90 million dollar forecast
as part of iqs tells ev division the
company has developed its first product
with the current
client base in mind
iqs tel has produced and shipped ev
motorcycles at a manageable price point
for its target market through
partnership with a local manufacturer
so this is where the click bait pr comes
into play
harley davidson recently separated its
electric motorcycle division merging it
into a spac
with the taiwan motorcycle manufacturer
prior to the spec deal harley davidson
had not brought an electric motorcycle
to the market at a price point that
could establish market traction
now with the taiwanese manufacturing
component the electric motorcycle spec
has attracted investment from the big
short investor michael bury
and management believe that harley
davidson's back move and michael bury's
investment reflects well on iqs tells ev
strategy
so this is something that I have
actually been following for a while now
and this back was very close to being
included in a video that I produced last
weekend but ultimately I tried to keep
the videos from being too long
harley davidson ev motorcycle unit
livewire
is set to merge with aea bridges impact
corporation
ticker impx the deal is expected to
close in the second half of 2022
and the combined company is expected to
have an enterprise value of about 1.77
billion and post money equity value of
around 2.3 billion at closing
upon closing of the transaction livewire
will be the first publicly traded ev
motorcycle company in the us and will
trade on the new york stock exchange
under the symbol lvw
now this is not entirely true because
iqs tells should have completed their
uplifting to nasdaq well before this
management are optimistic that iqs tells
leadership potential in pursuit of
global economic growth opportunity will
be recognized by the market at large in
light of the company's historical
performance and the soundness of
the expansion plans
looking at the most recent financial
statements they have total assets of 7.5
million and total liabilities of 4.1
million
of this 1.2 million is made up of cash
and cash equivalents I never like to see
a major part of assets being made up
with goodwill and there is 1.5 million
of goodwill recorded here
but this does only amount to about
one-fifth of total assets and they still
have
in excess of six million in assets if we
even disregard the goodwill this gives
the company a very strong balance sheet
and a current ratio of nearly two to one
in favor of assets
which is a huge improvement from the
previous year where liabilities outweigh
assets at a ratio of nearly 1.5 to 1.
looking at the income statement they
have revenue for the quarter of 16
million and over 46 million for the year
so far giving iqst a total loss for the
year of 3.1 million but as we spoke
about already less than 200 000 of this
loss is attributable to the latest
quarter and this goes a long way to back
up management's views that they will
turn profitable
in the next quarter it's always vital in
these types of companies to have
management
who are both experienced
and connected
in order to help the company
achieve its growth projections
leandro iglesias is the current
co-founder chairman of the board and
president and ceo of iqs tell
he founded the company with one business
objective build a successful company
from an idea to nasdaq so the goal
right from the very start was to get
this company onto the nasdaq which iqst
are now very close to achieving
alvaro quintana
is the company cfo and other co-founder
he has developed a career of more than
20 years of experience in the
telecommunications industry focusing on
regulatory affairs strategic planning
value-added services and international
interconnection agreements
so together with the independent
directors on the board
they oversee the entire group of
companies
while the individual company ceos run
each division of the company's
operations through each subsidiary
each of these are highly experienced
with decades of experience between them
i highly recommend checking out the
company's website for more detail on
these
looking at the chart over the past 12
months we can see that iqst is down over
50 percent from last february's high but
the stock is far more deserving of that
share price now than it was back then
and looking closer here are some lines
that I drew on this check just before my
last video and afterwards the share
price shot up from about 60 cents up to
over one dollar
looking closer at the chair since the
beginning of january it is clear to see
this wedge formation which tends to be a
strong indicator of a breakout move and
i do expect this to happen within the
next couple of weeks
indicated here
by the yellow highlighted area
any catalyst in the short term could
really drive this upwards and anymore
information regarding the plan to uplift
to nasdaq could really help provide this
as management have already said they
predict that the company will be in a
position to meet the nasdaq requirements
organically without any need to do a
reverse split
as I have shown here using the stock's
recent performance the current price is
far closer to its recent low point but i
have indicated here over the past few
weeks the stock has been hitting
higher lows which is another good
indication going forward this is
indicated with the blue arrows but this
is just my analysis
what do you think is going to happen in
the coming weeks at iqst and do you
agree or disagree with my analysis
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