NOTE 11 – SUBSEQUENT EVENTS	3 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]
NOTE 11 – SUBSEQUENT EVENTS	NOTE 11 – SUBSEQUENT EVENTS Subsequent to March 31, 2022 and through the date that these financials were made available, the Company had the following subsequent events: On April 21, 2022, we entered into a Purchase Agreement for the purchase of 51% of the membership interests in Smartbiz Telecom LLC, a Florida Corporation which provides telecommunication services, dedicated to VoIP business for wholesale and retail markets. The purchase price for the acquisition shall be $1,800,000 and shall consist of $800,000 in cash and $1,000,000 in our common stock to Seller, which amounts to 2,378,059 shares of common stock. On April 25, 2022 we entered into a Common Stock Purchase Option Agreement with Apollo Management Group, Inc. to subscribe for and purchase from iQSTEL Inc., four million eight hundred thousand (4,800,000) shares of Common Stock with an exercise price per share of two dollars ($2.00); and an initial exercise date September 30, 2022. The purchase price of this option is five hundred thousand dollars ($500,000). On May 6, 2022, we entered into a Purchase Company Agreement (Purchase Agreement) with US Acquisitions, LLC, a California limited liability company (Seller) concerning the contemplated sale by Seller and the purchase by us of 51% of the membership interests Seller holds in Whisl Telecom LLC, a Texas limited liability company. Whisl Telecom provides local US termination for Voice through its FCC license of VoIP Service number 832742; and is in the process to obtain a C-Lec FCC License over next 12 months. The Company is one of the premier Intermediate Voice Providers in the USA. It has been a carrier since 2017 with billions of minutes traversing its network. The Company provides its customers with multiple levels of Redundancy, Diversity, and Disaster Recovery for their applications and ability to make changes to underlying carrier configuration in real time. The Company offers a single carrier solution for Voice Global services, and its customers benefit from hundreds of interconnection agreements that the Company has cultivated since its inception. Pursuant to the Purchase Agreement, the closing of the purchase of the 51% membership interests shall be no later than May 13, 2022. The purchase price for the acquisition shall be $1,800,000 and shall consist of $1,250,000 in cash and $550,000 in our restricted common stock to Seller.

NOTE 11 – SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2022

NOTE 11 – SUBSEQUENT EVENTS

Subsequent to March 31, 2022 and through the date that these financials were made available, the Company had the following subsequent events:

On April 21, 2022, we entered into a Purchase Agreement for the purchase of 51% of the membership interests in Smartbiz Telecom LLC, a Florida Corporation which provides telecommunication services, dedicated to VoIP business for wholesale and retail markets. The purchase price for the acquisition shall be $1,800,000 and shall consist of $800,000 in cash and $1,000,000 in our common stock to Seller, which amounts to 2,378,059 shares of common stock.

On April 25, 2022 we entered into a Common Stock Purchase Option Agreement with Apollo Management Group, Inc. to subscribe for and purchase from iQSTEL Inc., four million eight hundred thousand (4,800,000) shares of Common Stock with an exercise price per share of two dollars ($2.00); and an initial exercise date September 30, 2022. The purchase price of this option is five hundred thousand dollars ($500,000).

On May 6, 2022, we entered into a Purchase Company Agreement (Purchase Agreement) with US Acquisitions, LLC, a California limited liability company (Seller) concerning the contemplated sale by Seller and the purchase by us of 51% of the membership interests Seller holds in Whisl Telecom LLC, a Texas limited liability company. Whisl Telecom provides local US termination for Voice through its FCC license of VoIP Service number 832742; and is in the process to obtain a C-Lec FCC License over next 12 months. The Company is one of the premier Intermediate Voice Providers in the USA. It has been a carrier since 2017 with billions of minutes traversing its network. The Company provides its customers with multiple levels of Redundancy, Diversity, and Disaster Recovery for their applications and ability to make changes to underlying carrier configuration in real time. The Company offers a single carrier solution for Voice Global services, and its customers benefit from hundreds of interconnection agreements that the Company has cultivated since its inception. Pursuant to the Purchase Agreement, the closing of the purchase of the 51% membership interests shall be no later than May 13, 2022. The purchase price for the acquisition shall be $1,800,000 and shall consist of $1,250,000 in cash and $550,000 in our restricted common stock to Seller.