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Share this article Share this article NEW YORK, May 14, 2021 /PRNewswire/  iQSTEL, Inc. (USOTC: IQST) today released a letter to shareholders in conjunction with the publication of the company s Q1-FY2021 financial report. The letter is included in its entirety below: We issue this shareholder letter under the complicated economic environment resulting from Covid-19, but nevertheless, with much optimism. The iQSTEL business plan is going according to plan. Continuously improving operational performance is reflected in continuously improving financial performance. Q1 has been an inflection point for iQSTEL. As forecasted, we achieved our forecasted Debt Free status (https://www.prnewswire.com/news-releases/iqst iqstel-eliminates-all-debt-in-form-of-notes-becoming-debt-free-company-301230065.html). The impact is dramatic to both our current and future Balance Sheet, and the company s Statements of Operations.

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