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IQST – iQSTEL Announces 25% Revenue Growth On Track To Reach $105 Million 2023 Annual Forecast

Mar 15, 2023

New York, NY, March 15, 2023 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced the company’s year-to-date (YTD) revenue for its Telecom Division through Feb 28th is $16.4 million (unaudited), an increase of 25% compared to $13.1 million for the same period in 2022. Considering that the company’s revenue stream is historically higher in the second half of the year, management is confident the YTD performance is on track to reach the company’s $105 million annual revenue...

IQST – iQSTEL Previews New EV Motorcycle 550 Elite

Feb 8, 2023

New York, NY, Feb. 08, 2023 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced its new EV Motorcycle 550 Elite will soon be rolling off the production line. The new iQSTEL EV Motorcycle 550 Elite has a powerful 5KW motor built into a vintage-styled frame and is highway suitable, able to maintain 70 MPH (110 KPH), dependable for commuting to work, or for just having fun. iQSTEL plans to present the EV Motorcycle 550 Elite to market later this month The EV Motorcycle 550 Elite comes...

UC Asset Signed 2nd MoU to Speed Up Phase I of $4M Cannabis Deal

Feb 7, 2023

ATLANTA, GA, Feb. 07, 2023 -- McapMediawire -- UC Asset LP (OTCQB: UCASU) announced today that the company has signed second MOU on its recently announced deal of $4 million cannabis property transaction in the State of Oklahoma. Four weeks ago, UCASU entered into a MOU to acquire a 10,000 square foot cannabis cultivation property using $3 million non-cash payment, and to invest $1 million cash to build extra 5,000 square feet of facility at the same site. The new MOU details on what UCASU...

Preya Co Investor Relations and Corporate Advisory Firm Announces Launch of New Website and Expansion of Services

Feb 7, 2023

New York, New York, Feb. 07, 2023 -- McapMediaWire -- Preya Co, a boutique investor relations firm based out of New York, is pleased to announce the launch of its new innovative corporate website: www.preya.co The new website was created to better reflect our portfolio of services and strategies the firm has to offer. Preya Co provides individualized attention and customized plans to cater to each company’s specific needs toward ensuring a high value return service. “We spent...

IQST – iQSTEL Announces Board Election and CPA Ratification Following Annual Shareholder Meeting

Feb 1, 2023

New York, NY, Feb. 01, 2023 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today released a transcript and a recorded link of the annual shareholder meeting conducted yesterday, January 31, 2023. The meeting included the election of the company’s board of directors and the ratification of the company’s independent registered public accounting firm to audit iQSTEL’s 2022 financial performance. The meeting also included a management discussion and analysis of the company’s business operations...

UC Asset Will Cut Overhead To Increase Net Profit By $200K-300K

Feb 1, 2023

ATLANTA, GA, Feb. 01, 2023 -- McapMediawire -- UC Asset LP (OTCQB: UCASU) management announces that they will cut the company’s overhead by 30-40% for the year of 2023. This is projected to increase the company’s net profit by approximately $200,000 to $300,000. The company set its gross profit goal for the year of 2023 at $1 million. By the end of January, the company has sold a farmland and generated about $550,000 gross profit in cash. Therefore, it has achieved more than half of its...

IQST – iQSTEL Reminds Shareholders To Get Their Votes In Before Annual Meeting Next Week On January 31, 2023

Jan 26, 2023

New York, NY, January 26, 2023 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today issued a reminder to all shareholders to vote in advance of the upcoming annual shareholder meeting scheduled for January 31, 2023, at 11 am (EDT). iQSTEL’s 2022 operational performance was the best ever in the company’s history having exceeded its $90 million revenue forecast and reaching profitability an entire quarter ahead of schedule. Management expects 2023 to be even better despite challenging...

UCASU jump-starts its plan of NASDAQ or NYSE up-listing in 2023

Jan 25, 2023

ATLANTA, GA, January 25, 2023 -- McapMediawire -- UC Asset LP (OTCQB: UCASU) management announces that the company has jump-started its plan to up-list to a major exchange, probably NASDAQ or NYSE, after it had put on hold this plan for about six months. “Twelve months ago, we kicked off our campaign for an up-listing, and we had made solid progress toward this goal, before the dramatic change of macro-economy and stock market in general made it undesirable for us to continue the process,”...

IQST – iQSTEL Confirms $105M 2023 Revenue Forecast, Profitability EOY and Nasdaq Up Listing Plans with EV Rebranding and New Fintech Product On The Horizon

Jan 24, 2023

New York, NY, January 24, 2023 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced the company’s Independent Board of Directors have approved management’s 2023 business plans and objectives ahead of the upcoming annual shareholder meeting scheduled for January 31, 2023, at 11 am (EDT). In advance of the annual shareholder meeting next week, iQSTEL has today published a summary of the company’s 2022 achievements and 2023 objectives. “iQSTEL’s 2022 operational performance was the...

UC Asset sold farmland for $550K gross profit, halfway through its annual profit goal of $1 million

Jan 18, 2023

ATLANTA, GA, January 18, 2023 -- McapMediawire -- UC Asset LP (OTCQB: UCASU) announces today that the company has closed transaction to sell one of its properties, a 72-acre farmland in the metropolitan area of Dallas, Texas, at the final price of $1.91 million. The sale is a cash deal. UC Asset acquired the land in October 2016 for approximately $800,000. It sold the property to a local company at $1.30 million in 2020, only to buy it back one year later, in the spring of 2022, at...

IQST – iQSTEL Publishes Proxy Vote Link And Encourages Shareholder Activism

Jan 17, 2023

New York, NY, January 17, 2023 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced shareholders are now able to cast their proxy votes in advance of the annual shareholder meeting scheduled for January 31, 2023, at 11 am (EDT). An email and printed proxy cards have been sent to all shareholders of record with instructions on how to vote online or by mail. If you did not receive an email with the voting instructions and believe you have, please email investors@iqstel.com. The company...

UC Asset’s new $3M cannabis property acquisition includes protection for existing shareholders

Jan 17, 2023

ATLANTA, GA, January 17, 2023 -- McapMediawire -- UC Asset LP (OTCQB: UCASU) announced last week that the company entered a MOU to acquire a 10,000 square foot cannabis cultivation property in the State of Oklahoma, through a non-cash acquisition deal. Upon closing of the acquisition, UCASU will invest $1 million to build extra 5,000 square feet of cannabis cultivation facility at the same site. After acquisition, the current operator on the property, Fire Ranch Farm, will continue to...

UCASU to Acquire 10,000 Sqft Cannabis Property and Build 5,000 Sqft More

Jan 12, 2023

ATLANTA, GA, January 12, 2023 -- McapMediawire -- UC Asset LP (OTCQB: UCASU) announces today that the company has entered a MOU to acquire a 10,000 square foot cannabis cultivation property in the State of Oklahoma, through a non-cash acquisition and investment deal. Upon closing, UCASU will invest $1 million to build extra 5,000 square feet of cannabis cultivation facility on the same spot. The current operator on the property, Fire Ranch Farm, will continue to rent the property from UC...

UCASU aims at over $1 million gross profit for year 2023

Jan 9, 2023

ATLANTA, GA, January 09, 2023 -- McapMediawire -- UC Asset LP (OTCQB: UCASU) management announces that the company aims to achieve over $1 million gross profit from its operation in the year of 2023, representing a 100% growth from its highest gross profit in previous years. UC Asset had been operationally profitable in previous years, and it had managed to maintain steady growth of gross profit. According to its filings, the company reported gross profit of about $491,000 for the fiscal year...

IQST – iQSTEL Announces Annual Meeting and Previews $105 Million 2023 Forecast

Dec 29, 2022

New York, NY, December 29, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST), today released a letter to shareholders from CEO Leandro Iglesias in conjunction with announcing an annual shareholder meeting scheduled for January 31, 2023, at 11 am (EDT). The letter, included in its entirety below, discusses the company’s $105 million 2023 revenue forecast, plans to further increase profitability after posting its first profits in Q3 2022, and the latest progress toward the company’s...

UC Asset receives building permit to renovate legendary landmark Rufus Rose House

Dec 14, 2022

ATLANTA, GA, December 14, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) confirms today that it has received a building permit from the City of Atlanta to renovate the Rufus Rose House, a historic landmark in downtown Atlanta. “This is the first time in the past two decades that an owner of this legendary property has been able to secure a building permit,” declares Greg Bankston, managing partner of UC Asset. “The property is a national heritage of historic landmarks, and,...

IQST – iQSTEL Expects To Meet Or Surpass 2022 $90 Million Revenue Forecast Reporting $84.5 Million YTD Through November

Dec 7, 2022

New York, NY, December 7, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced a 52% increase in revenue for the month of November reaching $10 million (based on preliminary accounting) compared to $6.6 million for the same period in 2021. The company’s revenue YTD through the end of November is $84.5 million. iQSTEL recently published its Q3 financial report for FY 2022 reporting $21.94 million, a 33% increase compared to the same period the previous year. Notably, iQSTEL...

IQST – iQSTEL Announces $105 Million 2023 Preliminary Revenue Forecast

Nov 21, 2022

New York, NY, November 21, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced a preliminary annual revenue forecast for next year, 2023, of $105 million. Management indicates the preliminary forecast is based on simple organic growth and does not include the potential impact of several projects currently underway that could materialize before the end of the year and result in a substantial increase of the FY-2023 revenue forecast. iQSTEL’s estimated YTD revenue as of October...

IQST – iQSTEL Announces 83% Revenue Increase For October To $9.4M After Reporting First Profitable Quarter With 33% Revenue Increase To $21.94M

Nov 16, 2022

New York, NY, November 16, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced revenue in October 2022 reached $9.4 million based on preliminary accounting. This represents an 83% increase over the $5.1 recorded in October 2021. On Monday this week, iQSTEL filed its Q3 financial report for FY 2022. The company reported Q3 revenue of $21.94 million realizing a 33% increase compared to the same period in 2021. YTD revenue through September 30, 2022, is over $65 million. The...

IQST – iQSTEL Reaches Profitability Ahead Of Forecast On 33% Q3 Revenue Growth To $21.94M On Track To Meet Or Exceed $90M In Revenue By Yearend

Nov 14, 2022

New York, NY, November 14, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced filing its Q3 financial report for FY 2022. The company realized a 33% increase in revenue to $21.94 million in Q3 compared to the same period in 2021. YTD revenue through September 30, 2022, is over $65 million keeping the company well on track to meet or exceed its $90 million 2022 annual revenue forecast. Notably, iQSTEL reported its first operating and consolidated income positive period in Q3...

UCASU signed deal to sell farmland at $2.05 million for $700K gross profit

Nov 7, 2022

ATLANTA, GA, November 07, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announces today that the company has gone under contract with a buyer for one of its properties, a 72-acre farmland in the metropolitan area of Dallas, Texas, at the final price of $2.05 million. The property is listed for $2.25 million one month ago. UC Asset acquired the land in October 2016 for approximately $800,000. To this moment, the total cost of UC Asset on this property is $1.35 million. This means that US...

IQST – iQSTEL Announces Application for Dual Listing on Upstream

Nov 7, 2022

New York, NY, November 07, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) ("IQST" or the "Company") (https://www.iqstel.com/), a rapidly growing global telecommunications firm diversifying into an expanding array of innovative products and services through its four operating divisions, Telecom, Fintech, Blockchain, and Electric Vehicles, today announced that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and...

UCASU projects $600-800K gross profit from two deals

Oct 25, 2022

ATLANTA, GA, October 25, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) releases a projection today, stating that the company may pocket $600,000 to $800,000 gross profit from two deals, in the second half of this year. “Earlier this month, we announced the listing of our 72-acre land in the metropolitan area of Dallas, Texas. We also reached into an MOU with a buyer on another property we owned in downtown Atlanta, Georgia. Last week, we made breakthrough on both deals, and it appears...

IQST – iQSTEL YTD Revenue Grows 42% To $66.5 Million On Pace To Beat $90 Million Annual Revenue Forecast

Oct 18, 2022

New York, NY, October 18, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) ("IQST" or the "Company"), today announced a forty-two percent (42%) increase in 2022 year-to-date (YTD) revenue compared to the same period in 2021 based on preliminary results. Still subject to auditor review, the company’s 2022 YTD revenue is $66.5 million compared to $46.8 million for the same period in 2021. Notably, the company’s 2022 YTD revenue of $66.5 million exceeds the $64.7 million in revenue reported...

UCASU distributed $0.10/share dividend and aims at higher dividends in coming years

Oct 12, 2022

ATLANTA, GA, October 12, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announces that with a few exceptions, the firm has completed the distribution of $0.10/share dividend to all shareholders holding UCASU common shares by December 31, 2021. “Many of our shareholders chose to receive their dividend via direct wire, while others have received their dividends by check. With a few exceptions, including those who received dividend checks but did not deposit or cash them, we are pleased...

IQST – iQSTEL CFO Confirms Nasdaq Up-List Plans And $90 Million 2022 Revenue Forecast In PubCo Insight Interview

Oct 11, 2022

New York, NY, October 11, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) ("IQST" or the "Company"), today announced Chief Financial Officer (CFO) Alvaro Quintana was interviewed in depth by PubCo Insight. The in-depth interview asked tough questions and Mr. Quintana did not shy away from the challenge. He confirmed and elaborated on the company’s plans to up-list to Nasdaq and also confirmed the company is on track to meet or exceed its 2022 $90 million revenue forecast. The PubCo...

UCASU confirms the listing of Dallas land for $2.25 million

Oct 7, 2022

ATLANTA, GA, October 7, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announced today that the company has listed for sale a piece of property, a 72-acre land in the metropolitan area of Dallas, Texas. The property is listed for $2.25 million. UC Asset acquired the land in October 2016 for approximately $800,000. In October 2020, UC Asset sold the land to Dallas local company Puration Inc. (OTC Pink: PURA) and entered into a partnership with Puration to co-develop the land into a...

IQST – iQSTEL Restructures Investment Agreement Demonstrating Confidence In Company’s Future

Oct 5, 2022

New York, NY, October 5, 2022 -- McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) ("IQST" or the "Company"), today announced the company has amended a common stock purchase option. “I believe the amended agreement demonstrates the confidence of an important investor has in iQSTEL’s future,” stated iQSTEL CEO Leandro Iglesias. The original stock purchase option was purchased for $500,000 to purchase 4,800,000 shares of common stock at $2 price, the original stock purchase option also...

UCASU mourns the pass away of Chair of Audit Committee Harris Miller and will donate to his charity

Sep 19, 2022

ATLANTA, GA, September 19, 2022 -- McapMediawire -- With deep regret, UC Asset LP (OTCQX: UCASU) management announces today that our friend and Chair of our Audit Committee, Harris Miller, has passed away on Thursday, September 15. Our founder Larry Wu attended his funeral service earlier today, in Mr. Miller’s hometown of Falls Church, VA. Mr. Miller is a prominent American politician, businessman, and lobbyist. Miller served as president of the Information Technology Association of...

UCASU refutes rumors of selling historic landmark and asserts plan of renovating it into Atlanta’s Empire State Building

Sep 14, 2022

ATLANTA, GA, September 14, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) today debunks a claim that the company is selling the historic landmark Rufus Rose House. The company affirms that it is renovating the property into a dual role building similar to the Empire State Building, and any sources indicating otherwise are erroneous. “If you google Rufus Rose House today, you may be led to the webpage of a nonprofit, HistoricAtlanta.org, on which the property is presented as...

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