SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

____________________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  September 5, 2018

iQSTEL Inc.

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code:  (954) 951-8191

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   [   ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [   ]

SECTION 5 – Corporate Governance and Management  

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective September 5, 2018, we have appointed Mr. Alvaro Quintana as a member of our Board of Directors.  

Alvaro Quintana has developed a carrier of more than twenty years of experience in the telecommunication industry with particular focus on regulatory affairs, strategic planning, value added services and international interconnection agreements. Before joying Etelix in year 2013 as Chief Operation Officer and Chief Financial Officer, Mr. Quintana acted between June 2004 and May 2013 as Interconnection and Value-Added Services Manager at Digitel (a mobile service provider in Venezuela, formerly a Telecom Italia Mobile subsidiary). He holds a Bachelor Degree in Business Administration and a Specialist Degree in Economics, both from the Universidad Catolica Andres Bello. He also holds a Master in Telecommunications from the EOI Business School in Spain.

We have selected Mr. Quintana to serve as a member of our Board of Directors because his long career in large telecommunications companies in the operational, financial and regulatory affairs, along with his deep knowledge of the specific nature of our business, which will we believe will enrich our analysis and decisions in the growth process and transformation of our company.

There were no arrangements or understandings between Mr. Quintana and any other persons pursuant to which he was selected as a members of our Board of Directors.

We entered into an Employment Agreement with Mr. Quintana to serve as our COO and CFO, a copy of which is attached as Exhibit 10.5 to the Current Report on Form 8-K filed with the SEC on June 28, 2018 and incorporated herein by reference. Aside from this, there are no transactions in which he has an interest requiring disclosure pursuant to Item 404(a) of Regulation S-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

iQSTEL Inc.