iQSTEL Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated January 31, 2023, covers the results of iQSTEL Inc.'s 2022 Annual Meeting of Shareholders held on that date. The company is incorporated in Nevada and maintains its principal executive offices in Coral Gables, Florida.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance events and shareholder voting results rather than financial performance data.
Material Changes and Voting Results
Shareholders voted on two primary proposals, both of which received sufficient votes to pass:
- Proposal No. 1 - Election of Directors: Five directors were elected for a one-year term. Voting results were as follows:
- Leandro Jose Iglesias: 85.81% For, 8.11% Against, 6.08% Abstain
- Alvaro Quintana: 85.14% For, 8.78% Against, 6.08% Abstain
- Italo Segnini: 84.46% For, 8.11% Against, 7.43% Abstain
- Jose Antonio Barreto: 85.14% For, 8.11% Against, 6.76% Abstain
- Raul Perez: 84.46% For, 8.78% Against, 6.76% Abstain
- Proposal No. 2 - Ratification of Auditors: Shareholders ratified the appointment of Urish Popeck & Co., LLC as the independent registered public accounting firm for fiscal 2022. Results were 82.43% For, 5.41% Against, and 12.16% Abstain.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, outlook, or specific risk factors. It notes that a press release regarding the meeting was issued on February 1, 2023, and attached as Exhibit 99.1, but the content of that press release is not included in this text.
Investor Verification Checklist
- Verify the full text of the press release attached as Exhibit 99.1 for any additional operational updates.
- Review the definitive Proxy Statement on Schedule 14A (filed December 29, 2022) for detailed background on the director nominees and auditor selection.
- Consult the company's most recent 10-K or 10-Q filings for actual financial performance metrics, as this 8-K does not contain them.