Aug. 24 at 5:28 PM
$IQST I asked AI "Why is IQST so crappy and this is what it had to say:
⚠️For the first half of 2026, iQSTEL reported a 59% revenue surge to
$207 million, but its net loss grew to
$3.98 million. In August 2026, they missed Wall Street's quarterly expectations badly, turning in a loss of -
$0.23 to -
$0.38 per share depending on adjustments.Going Concern & Funding Risks:In its mid-2026 SEC filings, management officially disclosed substantial doubt about the company's ability to continue as a going concern due to recurring losses and negative operating cash flows. To stay afloat, they rely on a new
$50 million Equity Purchase Agreement and high-interest short-term promissory notes bearing up to a 24% interest rate. In June 2026, the company filed to register the sale of 11 million shares held by existing shareholders. This massive block hitting the open market creates a "supply overhang," meaning any upward momentum is often crushed by existing holders bailing out and taking profits.
