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IQST - iQSTEL Reveals Target Acquisition with $200M to $300M in Annual Sales; More Details to Follow at Emerging Growth Conference on August 21st, 2024

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iQSTEL Inc. (OTC-QX: IQST), a US-based multinational telecommunications and technology company, has announced its participation in the Emerging Growth Conference on August 21, 2024. The company will present its ambitious plan to reach $1 billion in sales by FY-2027. Key highlights include:

1. A targeted strategic acquisition expected to add $200 million to $300 million in annual sales.
2. A $30 million capital raise to support the acquisition and Nasdaq uplisting.
3. Organic sales projected to double existing and acquired sales.
4. Introduction of new products and services with higher margins.

The presentation will provide more details on these initiatives and the company's overall growth strategy. Investors can attend the online conference or access the archived webcast later.

iQSTEL Inc. (OTC-QX: IQST), un'azienda multinazionale statunitense nel settore delle telecomunicazioni e della tecnologia, ha annunciato la sua partecipazione alla Emerging Growth Conference il 21 agosto 2024. L'azienda presenterà il suo ambizioso piano per raggiungere 1 miliardo di dollari di vendite entro l'anno fiscale 2027. I punti salienti includono:

1. Un'acquisizione strategica mirata che si prevede aggiunga 200 milioni a 300 milioni di dollari di vendite annuali.
2. Un finanziamento di 30 milioni di dollari per supportare l'acquisizione e il passaggio al Nasdaq.
3. Vendite organiche che si prevede raddoppieranno le vendite esistenti e quelle acquisite.
4. Introduzione di nuovi prodotti e servizi con margini più elevati.

La presentazione fornirà ulteriori dettagli su queste iniziative e sulla strategia di crescita complessiva dell'azienda. Gli investitori possono partecipare alla conferenza online o accedere alla registrazione del webcast in seguito.

iQSTEL Inc. (OTC-QX: IQST), una empresa multinacional estadounidense de telecomunicaciones y tecnología, ha anunciado su participación en la Emerging Growth Conference el 21 de agosto de 2024. La empresa presentará su ambicioso plan para alcanzar 1 mil millones de dólares en ventas para el año fiscal 2027. Los puntos clave incluyen:

1. Una adquisición estratégica planificada que se espera que añada 200 a 300 millones de dólares en ventas anuales.
2. Una recapitalización de 30 millones de dólares para apoyar la adquisición y la inclusión en Nasdaq.
3. Ventas orgánicas que se proyecta duplicarán las ventas existentes y adquiridas.
4. Introducción de nuevos productos y servicios con márgenes más altos.

La presentación proporcionará más detalles sobre estas iniciativas y la estrategia general de crecimiento de la empresa. Los inversores pueden asistir a la conferencia en línea o acceder a la grabación del webcast más tarde.

iQSTEL Inc. (OTC-QX: IQST), 미국에 본사를 둔 다국적 통신 및 기술 기업이 2024년 8월 21일에 열리는 Emerging Growth Conference에 참여한다고 발표했습니다. 이 회사는 2027 회계연도까지 10억 달러의 매출 달성을 위한 야심찬 계획을 제시할 것입니다. 주요 내용은 다음과 같습니다:

1. 연간 2억에서 3억 달러의 매출을 추가할 것으로 예상되는 전략적 인수.
2. 인수와 나스닥 상장을 지원하기 위한 3천만 달러의 자본 조달.
3. 기존 및 인수한 판매량을 두 배로 늘릴 것으로 예상되는 유기적 매출.
4. 더 높은 마진을 가진 새로운 제품 및 서비스 도입.

이 발표에서는 이러한 이니셔티브와 회사의 전체 성장 전략에 대한 추가 세부 사항이 제공될 예정입니다. 투자자들은 온라인 회의에 참석하거나 나중에 보관된 웹캐스트에 접근할 수 있습니다.

iQSTEL Inc. (OTC-QX: IQST), une entreprise multinationale de télécommunications et de technologie basée aux États-Unis, a annoncé sa participation à la Emerging Growth Conference le 21 août 2024. L'entreprise présentera son plan ambitieux pour atteindre 1 milliard de dollars de ventes d'ici l'exercice 2027. Les points clés incluent :

1. Une acquisition stratégique ciblée qui devrait ajouter 200 à 300 millions de dollars de ventes annuelles.
2. Une levée de fonds de 30 millions de dollars pour soutenir l'acquisition et la cotation au Nasdaq.
3. Des ventes organiques qui devraient doubler les ventes existantes et acquises.
4. Introduction de nouveaux produits et services avec des marges plus élevées.

La présentation fournira plus de détails sur ces initiatives et la stratégie globale de croissance de l'entreprise. Les investisseurs peuvent assister à la conférence en ligne ou accéder à l'enregistrement du webinaire plus tard.

iQSTEL Inc. (OTC-QX: IQST), ein in den USA ansässiges multinationales Telekommunikations- und Technologieunternehmen, hat seine Teilnahme an der Emerging Growth Conference am 21. August 2024 angekündigt. Das Unternehmen wird seinen ehrgeizigen Plan präsentieren, bis zum Geschäftsjahr 2027 1 Milliarde Dollar Umsatz zu erreichen. Zu den wichtigsten Punkten gehören:

1. Eine gezielte strategische Akquisition, die voraussichtlich 200 bis 300 Millionen Dollar an jährlichem Umsatz hinzufügen wird.
2. Eine Kapitalerhöhung von 30 Millionen Dollar zur Unterstützung der Akquisition und des Nasdaq-Listings.
3. Organische Verkaufszahlen, die voraussichtlich die bestehenden und akquirierten Verkaufszahlen verdoppeln werden.
4. Einführung neuer Produkte und Dienstleistungen mit höheren Margen.

Die Präsentation wird weitere Details zu diesen Initiativen und der allgemeinen Wachstumsstrategie des Unternehmens liefern. Investoren können an der Online-Konferenz teilnehmen oder später auf das archivierte Webcast zugreifen.

Positive
  • Targeted strategic acquisition expected to add $200-$300 million in annual sales
  • Planned $30 million capital raise to support acquisition and Nasdaq uplisting
  • Projected doubling of organic sales
  • Introduction of new higher-margin products and services
  • Ambitious goal to reach $1 billion in sales by FY-2027
Negative
  • Potential dilution from $30 million capital raise
  • Execution risks associated with large-scale acquisition and integration
  • Uncertainty in achieving ambitious sales targets

NEW YORK, Aug. 8, 2024 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com), a US-based, multinational, fully reporting and audited publicly listed telecommunications and technology company preparing for a Nasdaq up-listing, today announced the company will present at the Emerging Growth Conference scheduled for August 21-22, 2024. The conference is held online, and iQSTEL will present on Wednesday, August 21st, starting at 11:25 continuing to 11:55 AM Eastern Standard Time.

Company Name: iQSTEL Inc. (Ticker IQST)
Event: Emerging Growth Conference
Date: Wednesday, August 21, 2024
Time: 11:25 AM – 11:55 AM (30 min) Eastern Standard Time
Location: Online
Registration for the Conference: Click Here
Submit questions in advance to: Questions@EmergingGrowth.com
Contact iQSTEL: investors@iqstel.com

Learn more about IQSTEL current capital campaign to support a planned major acquisition and Nasdaq uplisting: Click Here to access to 8-K filed on Aug. 6th, 2024

Key Topics to be Covered in the Conference Presentation:

The company has recently announced plans to expand sales to $1 billion by FY-2027.  On August 6, 2024, the company published an extensive business plan detailing key specific steps to reach $1 billion in sales.  The key steps of this business plan will be discussed at the conference. Highlights of the key steps include:

  • A targeted strategic acquisition expected to add $200 million to $300 million in annual sales.
  • A $30 million raise in conjunction with the strategic acquisition and Nasdaq uplisting.
  • Organic sales expected to double existing and acquired sales.
  • $1 Billion Revenue Plan.
  • New products and services sales accelerated by existing telecommunication services but with higher margins than existing telecommunication services.

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, A link to the archived webcast will be released after the event.

About the Emerging Growth Conference:

The Emerging Growth Conference is an effective way for public companies to present and communicate their new products, services, and other major announcements to the investment community from the convenience of their office, in a time-efficient manner. The conference focuses on companies in a wide range of growth sectors with strong management teams, innovative products and services, focused strategy, execution, and the overall potential for long-term growth. Its audience includes potentially tens of thousands of individual and institutional investors, as well as investment advisors and analysts. All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

About IQSTEL (updated):

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly listed company preparing for a Nasdaq up-listing with an FY2023 $144 million revenue, and with a $290 Million Dollar Revenue forecast and a Positive Operating Income of 7 digits forecast for FY-2024. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity.  iQSTEL recognizes that in today's modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today's pursuit of basic human needs: Telecommunications, Fintech, Electric Vehicles and Metaverse.

  • The Enhanced Telecommunications Services Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
  • The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.
  • The Electric Vehicles (EV) Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Car.
  • The Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) includes an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.

The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions.  iQSTEL has completed 12 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions.

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 information 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 partly 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. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/iqst--iqstel-reveals-target-acquisition-with-200m-to-300m-in-annual-sales-more-details-to-follow-at-emerging-growth-conference-on-august-21st-2024-302217883.html

SOURCE iQSTEL

FAQ

What is iQSTEL's (IQST) revenue target for FY-2027?

iQSTEL (IQST) has announced plans to expand sales to $1 billion by FY-2027.

How much annual sales is IQST's targeted acquisition expected to add?

IQST's targeted strategic acquisition is expected to add $200 million to $300 million in annual sales.

When will iQSTEL (IQST) present at the Emerging Growth Conference?

iQSTEL (IQST) will present at the Emerging Growth Conference on Wednesday, August 21, 2024, from 11:25 AM to 11:55 AM Eastern Standard Time.

What is the size of the capital raise planned by iQSTEL (IQST)?

iQSTEL (IQST) is planning a $30 million capital raise in conjunction with the strategic acquisition and Nasdaq uplisting.

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