iQSTEL Publishes Plan to Succeed in $500M in Gross sales and Uplist to Nasdaq

NEW YORK, July 15, 2024 /PRNewswire/ — iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com), nowadays introduced publishing a complete marketing strategy detailing the corporate’s technique to succeed in $500 million in annual gross sales and uplist to Nasdaq. The marketing strategy was once printed Friday, July 12, on SEC Form 8K.

The excellent marketing strategy has been printed along with the corporate’s contemporary bulletins to

1. Transition its stream retaining corporate construction right into a single unified commercial operation structure, and
2. Initiation an institutional investor road show with the primary investor presentation on the Rising Expansion Convention scheduled for July 17-18, 2024 to be to be had to all buyers on-line on Wednesday, July seventeenth, at 9:40 AM Jap Usual Generation.

iQSTEL is lately a US-based, multinational, absolutely reporting and audited publicly indexed telecommunications and generation. The corporate is on course to succeed in $290 million in income this pace, FY 2024, with $7 million in rude benefit and 7 digit working source of revenue:

1. Initial Q2 income (unaudited) is $77M vs. $51.4M in Q1 (49% build up)
2. Initial Q2 rude benefit (unaudited) is $2M vs. $1.3M in Q1 (53% build up)

Highlights of the great marketing strategy printed on SEC Method 8K come with main points on please see industry technique elements:

1. Transformation to Telecommunications Company: iQSTEL is transitioning from a retaining corporate to a unified company. This comes to unifying industrial messages, simplifying manufacturers, and decreasing departmental redundancies.
2. Lynk Telecom Acquisition: We try to finish the purchase of Lynk Telecom, which is predicted to spice up annual income via $20 million and build up working source of revenue via $1 million.
3. Technological Platform Consolidation: We plan to obtain or spouse with a unmarried switching platform for all our telecom subsidiaries to enhance synergies and shed technological prices.
4. Earnings Expansion: Our technique specializes in increasing each retail and company industry sections to extend income from finish customers, which deal upper margin contributions.
5. Advertising Enhancement: We plan to redesign all advertising and marketing fabrics and company messages to align with our brandnew company id.
6. Capital Elevating: We intend to lift as much as $10.5 million to optimize our capital construction, departure roughly $5 million of distant money later debt redemption.

Abstract – $500 Million In Gross sales, $30 Million Institutional Funding, Nasdaq Checklist 

The last goal of iQSTEL’s acquisition technique is to arrange the corporate for a Nasdaq uplisting via culminating the purchase marketing campaign with a personal or family corporate acquisition that may raise iQSTEL’s annual income to a minimum of $500 million. Upon figuring out an acceptable acquisition goal, the corporate plans to lift $30 million independent from any current capital marketing campaign.

About IQSTEL (up to date):

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly indexed corporate making ready for a Nasdaq up-listing with an FY2023 $144 million income, and with a $290 Million Greenback Earnings forecast and a Certain Working Source of revenue of seven digits forecast for FY-2024. iQSTEL’s venture is to grant plain human wishes in nowadays’s trendy global via making the vital gear obtainable irrespective of race, ethnicity, faith, socioeconomic condition, or id. iQSTEL appreciates that during nowadays’s trendy global, the pursuit of the human hierarchy of wishes (physiological, protection, dating, kindness and self-actualization) is marginalized with out get right of entry to to ubiquitous communications, the liberty of digital banking, blank inexpensive mobility and knowledge and content material. iQSTEL has 4 Industry Sections turning in accessibly to the vital gear in nowadays’s pursuit of plain human wishes: Telecommunications, Fintech, Electrical Automobiles and Metaverse.

• The Enhanced Telecommunications Products and services Section (Communications) contains VoIP, SMS, World Fiber-Sight, Proprietary Web of Issues (IoT), and a Proprietary Cellular Portability Blockchain Platform.
• The Fintech Section (Monetary Democracy) contains remittances products and services, supremacy up products and services, Grasp Card Debit Card, a US Storagefacility Account (Disagree SSN required), and a Cellular App.
• The Electrical Automobiles (EV) Section (Mobility) do business in Electrical Bikes and plans to foundation a Mid Pace Automobile.
• The Synthetic Knowledge (AI)-Enhanced Metaverse Section (knowledge and content material) contains an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to get right of entry to merchandise, products and services, content material, leisure, knowledge, buyer aid, and extra in a digital 3-D interface.

The corporate continues to develop and enlarge its suite of services each organically and thru mergers and acquisitions. iQSTEL has finished 12 acquisitions since June 2018 and continues to build an lively pipeline of attainable pace acquisitions.

Safeguard Harbor Observation: Statements on this information shed is also “forward-looking statements”. Ahead-looking statements come with, however aren’t restricted to, statements that specific our intentions, ideals, expectancies, methods, predictions, or any alternative knowledge in the case of our pace actions or alternative pace occasions or situations. Those statements are in response to stream expectancies, estimates, and projections about our industry founded partially on suppositions made via control. Those statements aren’t promises of pace efficiency and contain dangers, uncertainties, and suppositions which are tricky to are expecting. Subsequently, latest results and effects would possibly and are more likely to vary materially from what’s expressed or forecasted in forward-looking statements because of various elements. Any forward-looking statements discuss most effective as of the year of this information shed, and iQSTEL Inc. undertakes negative legal responsibility to replace any forward-looking observation to mirror occasions or cases later the year of this information shed. This press shed does no longer represent a family deal of any securities on the market. Any securities introduced privately might not be or have no longer been registered underneath the Work and is probably not introduced or bought in the US absent registration or an appropriate exemption from registration necessities.

Corporate Site
www.iqstel.com

SOURCE iQSTEL