iQSTEL extends $3.56M in convertible notes by 12 months; issues 646,467 restricted shares

iQSTEL Inc

Extended maturity on three notes totaling $3,555,555.56: first note $1,888,888.89 due Jan 1, 2026; second $1,111,111.11 due Mar 12, 2026; third $555,555.56 due Mar 25, 2026.
Issued 646,467 restricted common shares to M2B Funding Corp. as consideration for the extension.
Press release states Nasdaq uplisting is imminent and reiterates $1B revenue goal by 2027.
2023 revenue reported at $144M; 2024 revenue forecast of $290M in the same press release.
Stock dilution of 646,467 shares may impact existing shareholders; no new interest rate or conversion terms disclosed.

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