iQSTEL and Cycurion sign non-binding MOU for $1M mutual stock swap and AI cybersecurity partnership

iQSTEL Inc

Each party issues $1M worth of common stock to the other; shares priced at lower of closing price on signing day or 5-day average.
Up to 50% of shares received in the exchange to be distributed as a stock dividend to each company's shareholders.
Parties aim to execute a definitive agreement within 30 days; MOU provides a 60-day exploration period.
Collaboration targets AI-powered cybersecurity for global telecom; Cycurion brings U.S. govt strength, iQSTEL has 600+ telecom operator relationships.
CEOs Leandro Iglesias (IQST) and L. Kevin Kelly (CYCU) called the partnership a 'powerhouse' that unlocks value for combined ~30,000 shareholders.

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