#Tech/ #Telecom #Stock #Investor News- IQSTEL (OTC: $IQST) Announces 25% Revenue Growth On Track To Reach $105 Million 2023 Annual Forecast; @IQstel

#Tech/ #Telecom #Stock #Investor News- IQSTEL (OTC: $IQST)  Announces 25% Revenue Growth On Track To Reach $105 Million 2023 Annual Forecast; @IQstel

 

 

March 15^th, 2023 - New York, NY Breaking Tech/ Telecom Stock News at Investor Ideas -iQSTEL, Inc. (USOTCQX: IQST) today announced the company’s year-to-date (YTD) revenue for its Telecom Division through Feb 28^th is $16.4 million (unaudited), an increase of 25% compared to $13.1 million for the same period in 2022.

 

Read this news, featuring IQST in full at https://www.investorideas.com/news/2023/technology/03151IQST-Revenue-Growth-Annual-Forecast.asp

 

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 forecast organically before the benefit of sales from new lines of business and before the benefit of any anticipated contribution from acquisitions.

 

Management is also confident the company is on track to report Positive Consolidated Operating Income in 2023 for the entire PubCo as a result of the ongoing benefit of operational streamlining and the anticipated benefit from iQSTEL’s newer lines of business to include its Electric Vehicle, Fintech and Internet of Things (IoT) Divisions.

 

“iQSTEL continues into 2023 to realize steady and exceptional growth,” said Leandro Iglesias, CEO of iQSTEL.  “After reaching $93 million in revenue in FY-2022, we are already realizing 25% growth YTD through Feb 28^th this year compared to the same period in 2022.  Our 2023 financial objectives are well withing our sites as our products and services gain more and more recognition within their respective markets.”

 

Stay tuned for regular shareholder updates.

 

About iQSTEL Inc.:

iQSTEL Inc. (OTCQX: IQST) (www.iQSTEL.com) is a US-based publicly listed company holding an Independent Board of Directors and Audit Committee with a presence in 19 countries and 70 employees offering leading-edge services through its four business lines. The Telecom Division (www.iqstelecom.com), which represents the majority of current operations, offers VoIP, SMS, proprietary Internet of Things (IoT) solutions, and international fiber-optic connectivity through its subsidiaries: Etelix, SwissLink, Smartbiz, Whisl, IoT Labs, and QGlobal SMS. The Fintech business line (www.globalmoneyone.com) (www.maxmo.vip) offers a complete Fintech ecosystem MasterCard Debit Card, US Bank Account (No SSN Needed), Mobile App/Wallet (Remittances, Mobile Top Up). Our Fintech subsidiary, Global Money One, is to provide immigrants access to reliable financial services that make it easier to manage their money and stay connected with their families back home. The BlockChain Platform Business Line (www.itsbchain.com) offers our proprietary Mobile Number Portability Application (MNPA) to serve the in-country portability needs through its subsidiary, itsBchain. The Electric Vehicle (EV) Business Line (www.evoss.net) offers electric motorcycles to work and have fun in the USA, Spain, Portugal, Panama, Colombia, and Venezuela. EVOSS is also working on the development of an EV Mid Speed Car to serve the niche of the 2nd car in the family.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

 

iQSTEL Inc.

IR US Phone: 646-740-0907

IR Email: investors@iqstel.com

 

Contact Details

iQSTEL Inc.

+1 646-740-0907

investors@iqstel.com

 

Company Website

https://www.iqstel.com/

 

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#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NYSE: $IBM)

 

 

#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NYSE: $IBM)

 

GBT Files Trademark Application for Avant! AI, and IBM Launches RFP for Water Management Solutions

 

Global Enterprise AI Market to Reach $64.5B by 2028

 

Vancouver, Kelowna, Delta, BC – March 14, 2023  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/031423-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/03141GTCH-IBM.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NYSE:IBM)

 

GBT Technologies Inc. (OTC PINK:GTCH) has filed a federal trademark application – through its partially owned subsidiary, GBT Tokenize Corp. – for its Avant! AI technology. Tokenize, according to the press release, “is currently working to enhance the dialog interface for Avant! AI, targeting more robust Q/A possibilities, combined with easier, and more friendly user interactions.” Danny Rittman, GBT’s CTO, explained:

 

"Tokenize is trademarking Avant! AI technology as it is gearing up for its new release in the next upcoming months. Since its release, Avant!’s core technology has been used in other derivative applications, the most recent one is Hippocrates (www.hmd.care). Hippocrates is a health information system, released as a POC version, focusing on both preventive and primary care to provide first line of health-related advice and recommendations. Avant! is currently under development to enhance its NLP technology and to provide a robust user's interaction experience. Additionally, Tokenize is equipping it with summarization techniques to provide faster and enhanced informational coverage.”

 

IBM (NYSE:IBM) has launched an RFP as part of the IBM Sustainability Accelerator, which will focus on water management solutions. This program, according to the press release, “applies IBM technologies, such as hybrid cloud and artificial intelligence, and an ecosystem of experts to enhance and scale projects focused on populations vulnerable to environmental threats.” IBM VP and Chief Impact Officer Justina Nixon-Saintil, said:

 

"Water management for the world's most vulnerable communities is a tremendous challenge. Following our first two cohorts on sustainable agriculture and clean energy, now we look forward to working with organizations with initiatives that scale technology solutions that will support communities in overcoming water challenges, including shortages, pollution, or conservation."

 

Global Enterprise AI Market to Reach $64.5B by 2028

 

A report published by Vantage Market Research finds that the global market for Enterprise AI is projected to grow from $11.1 billion USD in 2021 to $64.5 billion by 2028, registering a compound annual growth rate (CAGR) of 34.1 percent over the forecast period. The following excerpt from the report’s description outlines the factors influencing the market’s growth:

 

By incorporating AI, companies can save money, boost their efficiency, and will be able to generate insights that help them enter new markets. Enterprise Artificial Intelligence applications enable a change to maximize sales, optimize the supply chain, improve products, enhance customer service, sharpen cybersecurity, and several other tasks. Enterprise AI helps companies to make data-driven decisions. Major factors contributing to the market's growth include a shift in business models from traditional to traditional, which will increase the forecast of the global Enterprise Artificial Intelligence market during the forecast period.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

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Breaking #AI #Stock News: GBT (OTCPK: $GTCH) Filed a Trademark Application for Avant! AI #Technology @gbtt_inc #artificialintelligence

 

 

Breaking #AI #Stock News: GBT (OTCPK: $GTCH) Filed a Trademark Application for Avant! AI #Technology @gbtt_inc  #artificialintelligence

 

Avant! AI new release is planned in May 2023

 

San Diego, CA, March 14, 2023 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”), through its partially owned subsidiary, GBT Tokenize Corp. (“Tokenize”), filed a federal trademark application for its Avant! AI technology. The application has been assigned serial number 97817437 with the USPTO and the filing date is March 1, 2023. GBT owns 50% of the outstanding securities of Tokenize Corp.  Avant! -AI is a machine learning system that interacts with users via natural language processing (NLP) technology. It includes sets of neural network algorithms that work cognitively to search and learn about a topic and respond accordingly.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/03141Trademark-Application-Avant.asp

Tokenize is currently working to enhance the dialog interface for Avant! AI, targeting more robust Q/A possibilities, combined with easier, and more friendly user interactions. Avant! AI belongs to an emerging generation of chat-based artificial intelligence applications family that enables user’s conversation through a chat dialog interface, allowing it to understand and respond to questions using natural language inputs. Avant! enhancements phase aims to be completed during the next few months and will be released as a web application. Tokenize’s Goal is to further develop the system to create intelligent solutions in various fields among them are medicine, cybersecurity, and communication.

 

“Tokenize is trademarking Avant! AI technology as it is gearing up for its new release in the next upcoming months. Since its released, Avant! core technology was used in other derivative applications, the most recent one is Hippocrates (www.hmd.care). Hippocrates is a health information system, released as a POC version, focusing on both preventative and primary care to provide first line of health-related advice and recommendations. Avant! is currently under development to enhance its NLP technology and to provide robust user’s interaction experience. Additionally, Toenize is also equipping it with summarization techniques to provide faster and enhanced informational coverage” provided Danny Rittman, the Company’s CTO.

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on Investorideas.com

 

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#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NYSE: $SI) (NasdaqGS: $COIN) (NasdaqGS: $SIVB)

 

 

 

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NYSE: $SI) (NasdaqGS: $COIN) (NasdaqGS: $SIVB)

 

Crypto-Friendly Signature Bank and Silicon Valley Bank Close Following Silvergate Collapse

 

Vancouver, Kelowna, Delta, BC March 13, 2023 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Today’s  podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2023/031323-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/03131SI-COIN-SIVB.asp

 

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Stocks discussed: (NYSE:SI) (NasdaqGS:COIN) (NasdaqGS:SIVB)

 

Yesterday saw the closure of New York-based Signature Bank. New York’s Department of Financial Services (DFS) announced that it had taken possession of the crypto-friendly bank “in order to protect depositors,” and that it had “total assets of approximately $110.36 billion and total deposits of approximately $88.59 billion as of December 31, 2022.” This follows news last week from Silvergate Capital Corporation (NYSE:SI), that it was winding down operations of Silvergate Bank (another crypto-friendly bank) “in light of recent industry and regulatory developments.”

 

Cointelegraph reports that Coinbase (NasdaqGS:COIN), crypto lender Celsius and stablecoin issuer Paxos were among the crypto firms with funds reportedly tied up with Signature Bank. Coinbase tweeted:

 

As of close of business Friday March 10 Coinbase had an approximately $240m balance in corporate cash at Signature. As stated by the FDIC, we expect to fully recover these funds.

 

The closure of Signature Bank also nearly coincides with the collapse of Silicon Valley Bank (SVB), a subsidiary of SVB Financial Group (NasdaqGS:SIVB). BNN Bloomberg reports that California financial watchdogs, the Federal Deposit Insurance Corp. (FDIC) took possession of the bank after clients “rushed to withdraw money,” causing a run. An excerpt from the article reads:

 

Problems mounted for SVB after Peter Thiel’s Founders Fund and other high-profile venture capital firms advised their portfolio companies to pull money from the bank. The calls followed parent company SVB Financial Group announcing that it would try to raise more than US$2 billion after a significant loss on its portfolio.

 

In a Twitter exchange, Coinbase’s CEO Brian Armstrong addressed the possibility of adopting and implementing its own banking features in light of the recent bank failures:

 

Definitely something we've thought about. Need a few more features like outbound wires, multi-user support etc. Non-fractional reserve "banking" is definitely looking more attractive right now.

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Podcast sponsor: 

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

About Investorideas.com - Big Investing Ideas

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