December 10, 2020 -- InvestorsHub NewsWire -- via pennymillions
 


iQSTEL, Inc. (USOTC: ISQST) is a fully reporting company recently leveraging its telecommunications base to enter the fintech sector.  IQST has real revenues and those revenues are growing.  The company just reported $29 million in revenue through Q3 2020 compared to $12 million in revenue for the same period the previous year.  The company also just reported launching a new fintech service with a $128 million revenue projection over the next five years on top of the growing base of revenue the produced the recent Q3 results.

The fintech sector has Wall Street’s attention and cryptocurrency along with blockchain in general are clear market standouts.


Coronavirus quarantines have spotlighted fintech investments not to mention enhancing telecommunication investments in general.  IQST has a leg in both races.

The cryptocurrency market sector is growing by leaps and bounds with more investors entering the market every day seeing cryptos appreciate in value in response to the growing demand.

Coindesk - Cyrpto Funds Have Seen Record Investment Inflow In Recent Weeks

IQST is likely to continue reporting revenue results monthly as it has all year with November results probably coming out any minute now.  The company is going to post a record and impressive revenue growth year for 2020 compared to 2019.  As IQST’s move into the fintech sector becomes more widely recognized, this stock is likely to realize big gains.  Goldman Small Cap Research recently publish a research report on IQST with a $0.54 PPS target compared to the companies current $0.07 PPS.

Other stocks on the move include MJLB, SFOR, and ATDS.

Source - https://www.pennymillions.com/blog/iqst-pps-prepped-for-lift-with-fintech-crypto-and-blockchain-in-the-spotlight

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