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IQST - iQSTEL Eliminates All Debt In Form Of Notes Becoming Debt Free Company

Share this article Share this article NEW YORK, Feb. 17, 2021 /PRNewswire/  iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced that it has eliminated all remaining debt from its balance sheet associated with any Promissory Note.  With the exception of routine operational payables, the Company is now completely debt free with no Convertible Notes, Warrants, Promissory Notes or Settlement Agreements. Since the fourth quarter of 2020, we have eliminated over $3.3 million of debt from our balance sheet, which not only strengthens our financial condition, but also improves our financial performance as net income is no longer burdened with interest expense.  Eliminating all debt is a key milestone as we prepare for a potential up-list onto a major stock exchange, commented Leandro Iglesias, iQSTEL s CEO.

IQST - iQSTEL Eliminates All Debt In Form Of Notes Becoming Debt Free Company

IQST - iQSTEL Eliminates All Debt In Form Of Notes Becoming Debt Free Company
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