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.