Business
iQSTEL Announces Independent Board of Directors In Advance Toward Nasdaq Up-Listing
NEW YORK, June 28, 2021 /PRNewswire/ -- iQSTEL, Inc. (OTCQB: IQST) today is honored to announce the addition of three new members to the Board of Directors,
About this update from Iqstel Inc.
[{"type":"text","content":"NEW YORK, June 28, 2021 /PRNewswire/ -- iQSTEL, Inc. (OTCQB: IQST) today is honored to announce the addition of three new members to the Board of Directors, each bringing an exceptional list of career accolades backed with extensive experience in the telecommunications and technology industries, and in the finance, accounting, legal and regulatory management disciplines. \nAs of July 1, 2021, with the official addition of the three new independent Board Members, iQSTEL's Board of Directors will be majority independent meeting another one of Nasdaq's listing requirements advancing iQSTEL one more step toward its up-listing objective.\niQSTEL continues with its current high growth telecommunications and technology business plan expanding upon a solid operational foundation that generated over $44 million in revenue in 2020, now driving toward a forecasted $60.5 million in revenue for 2021 developing new high margin products and services that include MNPA (BlockChain), IoTSmartTank, Visa/Mastercard debit card, Cryptocurrencies Exchange Services, Remittances, EV Batteries solutions, EV Charging, and EV IoT Connectivity. \nThe New iQSTEL Independent Board of Directors includes:\nLeandro Iglesias, Co-Founder, Chairman of the Board, President & CEO\nAlvaro Quintana, Co-Founder, Corporate Secretary, CFO\nItalo Segnini, Independent Member of the Board\nJose Antonio Barreto, Independent Member of the Board\nRaul Perez, Independent Member of the Board\nFor detail profile of each Board Member, please visit the iQSTEL website at www.iqstel.com, and follow the \"Management\" link.\nLeandro Iglesias, the iQSTEL CEO and Chairman of the Board of Directors, commented on the addition of the new board members: \"We are honored to have these three gentlemen and outstanding executives join our Board of Directors. They bring a long history of experience and a correspondingly deep knowledge base in key fields essential to iQSTEL's continued growth and expansion. Their respective backgrounds include an enriching fluency in US and Latin American cultures. All of them have an ideal mix of High C-Level Executive Management and Entrepreneurial experiences. iQSTEL, now having an Independent Board of Directors is well prepared to execute upon its business plan objectives scheduled for Q3.\"\nIQSTEL is a Debt Free Company, with 5 Business Divisions (Telecom, E...