IQST - iQSTEL Courts Investment Banking Partner In Preparation For NASDAQ Listing
March 11 2021 - 8:05AM
InvestorsHub NewsWire
New York, NY -- March 11, 2021 --
InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST), an international provider of Telecom, Technology,
Fintech and Blockchain solutions, today announced the company has
been meeting with candidate investment banking firm partners in
conjunction with the company’s plans to pursue a NASDAQ
uplisting.
iQSTEL is on track to realize over $60
million in revenue in 2021 with a strong balance sheet bolstered by
a recently becoming a debt free.
iQSTEL has a Telecommunications foundation
stretching back years and has recently expanded its capabilities to
include Technology, Fintech and Blockchain offerings.
iQSTEL’s nascent Technology, Fintech and Blockchain divisions are
already in the process of generating revenue with industry leading,
proprietary solutions. One of iQSTEL’s proprietary
technologies has been recognized alongside technologies from
Apple, Amazon and GE. iQSTEL has also notably established
itself within in the burgeoning Electric
Vehicle industry.
Management is confident iQSTEL is
structurally and operationally prepared for a NASDAQ listing and
ready to establish an investment banking partnership that can
leverage its experience and relationships to execute an iQSTEL
uplisting.
iQSTEL is now invigorating its investment
banking search efforts launched earlier this year. Management
is looking for a firm that can lift iQSTEL’s recognition within the
institutional investment community both pre and post uplisting in
addition to bringing the technical skills to assist iQSTEL in
capital formation, and mergers and acquisitions. iQSTEL plans
to engage an investment banking firm by the end of
April.
About iQSTEL
Inc.:
iQSTEL Inc (OTC:
IQST) (www.iQSTEL.com) is a US-based publicly-listed company
offering leading-edge Telecommunication, Technology and Fintech
Services for Global Markets, with presence in 13 countries.
The company provides services to the
Telecommunications, Electric Vehicle (EV), Liquid Fuel
Distribution, Chemical and Financial Services Industries. iQSTEL
has 4 Business Divisions: Telecom, Technology, Fintech and
Blockchain, with worldwide B2B and B2C customer relations operating
through its subsidiaries: Etelix, SwissLink, QGlobal SMS,
SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company
has an extensive portfolio of products and services for its
clients: SMS, VoIP, 4G & 5G international infrastructure
connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric
Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas
Platform, IoT Smart Tank Platform, Visa Debit Card, Money
Remittance, Mobile Number Portability Application MNPA (Blockchain
Platform) and Settlement & Payments Marketplace (Blockchain
Platform).
Safe Harbor
Statement: Statements in this news release may be
"forward-looking statements". Forward-looking statements include,
but are not limited to, statements that express our intentions,
beliefs, expectations, strategies, predictions or any other
statements relating to our future activities or other future events
or conditions. These statements are based on current expectations,
estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and are likely to, differ materially from
what is expressed or forecasted in forward-looking statements due
to numerous factors. Any forward-looking statements speak only as
of the date of this news release and iQSTEL Inc. undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this news
release.
iQSTEL
Inc.
IR US Phone: 646-740-0907, IR
Email: investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries: www.iqstel.com
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