Innovative Payment Solutions Inc (QB) (IPSI) Share Price

Borrowing is a terrible way to leverage a business..

no that note wouldnt go into effect for 6 months - thats not it, its another note from a different lender which we need to chew thru hopefully close

If not fallout from the officer's resignation, maybe the share price is faltering because of the additional debt:

Business Insider, Jan. 10, 2025, 03:36 PM
...Additionally, a financing round was completed with a $125,000 convertible promissory note from an institutional investor.

While the shareholders take a back seat to lenders, it may be a good thing that an "institutional investor" is willing to risk $125,000 on the company as they stand today. Perhaps they know something is about to happen.

i am not sure you realize and you could see in the filings. no one is taking a loss. they have the right to convert at a 60% discount to the share price of the last 20 trading days. there is no floor on some notes. the lower it goes makes no difference to them. they just get more shares at a discount. so to reiterate unless the company comes out with some news on progress on the revenue this could easily go down to zero

if they are taking a loss and need the money, which all the private placement folks would be in that situation, then yes its very possible.

An individual seller will not increase the outstanding shares only a noteholder who converted apparently at alot less than .084

its not the noteholders the price is already fixed at 8.4 cents, its likely an individual seller, and when theyre gone, poof.

as you see from the outstanding share increase the note holders have no bottom. apparently there is still lots of money left on their notes. remember even it trades 1 million shares at .03 that is only 30,000.00 taken off their note. i see NO bottom to the share price unless they get to revenues . no one from the company has made the case that things are close to happening. therefore the selling will continue down to zero. trust me i wish i am wrong

thats not true, the CFO resigned. no big deal.

maybe but I picked up another 100K today. When it blows, it could blow hard, or not, but we should see a bottom around here somewhere. Weak hands to strong.

apparently this seller has endless shares with no bottom. unless we hear from the company soon in regards to their progress i see no one who would be interested in averaging down. it would be throwing good money after bad

“Innovative Payment Solutions Appoints New CEO Amid Leadership Changes”
Markets Insider - Business Insider 1/11/25
The story is on a webpage that is not found from my location, so I am unable to see what is being reported. Thanks for sharing what you have seen.

This could certainly be causing the recent share price decline and heavier volume.

well its been way longer than ever expected for us to get into revenue, maybe that has worn on him. I mean, hes gone without salary for a long time and it might be too much to take. I think it will work yes, I see no slowdown from the partners OpenPath and Ionia. Obviously this has been harder than originally thought, sometimes that happens.

Once this seller clears out, the price should rebound in my opinion.

Wondering what your take is on the 8k that dropped regarding Rosenblum resigning and Corbett back ? Is this the end and people are running for the exits? Will this ever work?

Picked up 250K in last few days. This will move appropriately once the seller is done, combined with news of course.

Down every day...not a good sign.
Lots of selling pressure again.
It will drop further.
0.003 next week.

Down 20% so far today, but much lower volume than yesterday. Volume yesterday was greatly higher than any day in the past three years.

Considering what you said, yeah, bankruptcy makes sense.

Traded close to 1 million shares last few days and so far no conversion/dilution. Tells me that bankruptcy very possible, no news no updates no response from company and to top it off relentless selling with no bottom

It will be there soon. Patience my man.. It will follow all the rest of his picks

I’m bidding at .009

I believe they will prove themselves. I continued buying 55K alone yesterday by end of day, and if the selling is not over I will keep buying anything under 6 cents we'll see.

Happy New Year to all, we certainly need it for this stock!

lets pray that all this selling stops before the new year. it looks like people just want out. the company was given ample time to clean up messes from the past, and prove themselves for the future, they have failed. lets hope they still have people who believe in them . Happy New Year to all and good luck for the future

It's take. 4 years+ to get this going.. it's not happening..

Hand is showing as we speak . Offering 386,824 shares at .07. Any takers???

I watched both, the one on Spotify and YT. I posted the Spotify one on ST. Yes, IPSI can't control the delay; they are not the ones developing the tech. It's a shame about the continuous selling. Let's see what happens in the New Year. There was some tax selling but also convertibles being exercised. Someone on ST mentioned that IPSI could have negotiated something with those exercising the convertibles, so to stop the selling. But if they haven’t done it so far, I doubt they will do it now.
Let’s hope that we will see the service launched in early 2025.
If you look at the chart, in 2021, IPSI spiked from these levels to over 0.30 and that was before the RS. The spike was on nothing but hype.
I’m hoping that when they launch, they will already have a few clients on board.

everything is moving forward with the Instant Direct Payments, theres just been delay in implementing the technology on large scale, its not trivial. You think between all the companies investing 25 mill dollars (see the podcast of Scott Dorey of OpenPath) theyll just let this slide into the abyss. No way. The hard part for us is that we dont have a cash stream to pay bills and we owe a lot to the (one) lender. And yes tax selling is hitting us. So, I am buying down here, picked up 10K today, probably 10K tomorrow and all the way thru end of year if I need to.

If you spoke with them and you got some info, why not share? I'm certain they haven't told you anything that they are not allowed to share with the public...
Once I receive a reply to my email, I`ll share the details.
Whilst I'm not US-based, I`ll try to call them.
At these prices, I'd certainly want to add more and reduce my average, but considering the constant sp drop, and no updates from IPSI, I can't justify further buys.

Has anyone here called or emailed IPSI?
I am not US-based. I only emailed but have not received a reply yet.
I can only assume that they are getting close to launching, in early 2025 now.

2 tranches paid
BZWR merger

Surely they are not closing shop.
I'm sure they are pretty keen on generating revenue.

SP will likely drop even further.
It could be tax-loss selling or convertibles being exercised, either way, it sucks.

give you alot of credit. you called multiple times and by logic since we make new lows EVERY day after every conversation you had, the stock only went down, and you are still long and strong. i am impressed!

Ive already done so, multiple times but not sharing details here. I am confident in where we are headed or I wouldnt be buying. Go ahead, i challenge you.

Go ahead. Let us know

I think they have held back b/c they got tired of forward looking statements that were mis-timed. Now I will say I dont see why they couldnt use twitter X as a tool to communicate carefully.

Ive made money on this stock going back to the beginning of time but only b/c I traded it heavily, but I understand few others have, I get that.

Call the company and see what they say.

1) assuming most people have been in this stock for some time. That being the case EVERY SINGLE shareholder is down heavy money.
2) the only way to get the noteholdwrs to stop converting would be if the company shows even a glimmer of a heartbeat which the company has not. Nada total silence
3)what exactly are they getting paid to do??? Apparently so far it hasnt been working. Call the company???? Look at the stock , pathetic volume and new lows every day!! There is a reason for that, zero communication to the public.

to your points ...

1) maybe maybe not, thats to be determined. A better way to look at it is to make sure you own lots of those cheap shares.
2) the notes come due every so often its just one lender thats it, they get a price and they get shares, and its a lot of shares as we've seen, so your point is valid. Hopefully we have news before the next price adjustment
3) thats also a good Q, keep in mind that they are getting paid a salary so in that sense of the word thats a substitute for their own buying, I mean if you werent getting paid you dont have a lot of extra money to put in would you? Call the company, they do pick up the phone and get back to investors. My understanding is they hardly get any calls.

Im continueing to buy as I can in the .06s as low as .0611 so far.

1) the lower it goes the harder it will be to rise.in order for it to make any significant rise it will have to go through all the "cheap" shares
2) the filings show that there are millions of dollars worth of notes that as far as i can tell have no floor to convert.
3) if the company and officers are so confident that they have "the best thing since sliced bread" why wouldn't there be ANY insider buying?? that would give a little boost to the shareholders and give over the message that, while to make sure the technology works perfect it has taken more time than we thought but we still believe it will happen, sooner than later

let them sell and our job is to extract as much pain from them as possible, clearly they are desperate and just showed their hand which is fantastic, so we should keep our bids in the mid to low 6s or even the 5s to extract the most pain. since they likely bought at much higher prices, their sell price probably doesnt matter that much to them as long as they are able to sell, hence again, please keep your bids low, let them come to us. Once theyre out the stock should rebound nicely, especially with news.

im not excited about the BZWR opportunity as I was, mostly b/c BZWR has shown themselves to be completely delinquent in their duty to file.

Oh..look! IPSI..may have just hit..their all-time low...

Crossing over a million or two million shares gets easier when people start giving up. I found that out with BZWR, IPSI's prospective merger partner. If IPSI/BZWR is a success, we are both evidently well-positioned. I got a few million shares of BZWR very cheap (but not nearly as cheap as where their "Expert Market" price sits today). I also have a few IPSI shares.

That said, the market for IPSI's shares is becoming even more doubtful. IPSI has said they are seeking BZWR's revenue. If IPSI is on the verge of releasing their new product, why do they need BZWR's rather puny revenue stream? But, on the positive side, BZWR says that their PayPlan's loan processing crossed 200k per month, so it seems like that's a good number of loans processed in their opinion.

Maybe together these companies will come to something. Just don't bet your whole portfolio.

Very impessed with your optimism. Stock looks more like going to zero than going to "trips" as you call it. If you didnt notice someone was offering 394k shares at .075. Apparently you are the only one who believes in this, unless of course you are in prayer mode like the rest of us fools

if over a dollar is trips then yes. The technology is working and proven out, its just taking longer to get to a confidence level on high volume, these people are taking no chances, I mean, its the livelyhood of the merchants at stake and no chances can be taken I guess. So we wait for everyone to be on the same page.

But if people havent checked out the tech by now, they should go to the home pages of the two companies collaborating on this project where they splash it front page, it couldnt be any clearer:

openpath.io
ionia.io

They should also listen to podcasts from both CEOs:

https://www.soarpay.com/2024/09/ionia/
https://open.spotify.com/episode/1SM9ajXQ9ihB0KT3BitVOY

I continue to buy weekly in 5K and 10K chunks, with the goal of a million shares (though I may not reach it, theres a decent chance I will).

Is this going to trips?

You convinced me to hold a year ago but that was like 2 years of holding then, I'd rather move on

man, if there was a way I could stop you I would do so, darn it. This is what happens when it takes so long for a company to do what it says its going to do.

I'm sorry friend I need to get into the slow mutual fund game. Too much risk down here. 

dont take the loss, buy more instead. I buy every week, usually more than once. Watch the podcasts from the Ionia and OpenPath CEOs, its coming, and soon, just longer than everyone anticipated.

Will be taking a loss after holding over 3 years...

I really want nothing to do with Business Warrior at this point. They have proven to be completely inept and I hope we walk away from that opportunity, thats just me, they've had their chance and I dont want the dilution either.

BZWR merger news.from the IPSI 10-Q dated 11/12/2024

I'm looking forward to this combination, even though dilution may be severe. If IPSI's concept is a good one, more capital may bring it to life and sales will follow soon after.

Read it as reported on TradingView here.

Some portions regarding the merger:

Merger Agreement with Business Warrior: On July 28, 2024, IPSI entered into a merger agreement with Business Warrior, which will result in Business Warrior becoming a wholly-owned subsidiary of IPSI. The merger is expected to close within seven to nine months, subject to regulatory and shareholder approvals.



Future Outlook: Looking ahead, the company plans to continue its strategic focus on developing its IPSIPay Express joint venture and completing the merger with Business Warrior. The company aims to enhance its digital payment solutions and expand its market presence in the fintech sector. The company also intends to manage its capital efficiently by raising additional funds through equity sales and borrowing, while reducing its debt burden. The successful execution of these strategic initiatives and capital management activities is expected to position the company for sustainable growth and improved financial stability.



Merger Agreement with Business Warrior: The merger is subject to significant risks and uncertainties, including the need for shareholder approvals and the exchange of convertible promissory notes for preferred stock. The terms of this exchange and the preferred stock remain subject to negotiation and approval, posing a risk to the consummation of the merger.



Liquidity and Capital Resources: The company has an accumulated deficit of $61.5 million and incurred negative cash flow from operations of $0.5 million for the nine months ended September 30, 2024. The primary focus is on the IPSIPay Express joint venture, which has not yet generated revenue. The company also expects to generate revenue from Business Warrior’s product offerings following the merger, if consummated. At September 30, 2024, the company had cash of $1,033 and a working capital deficit of $10.3 million, including a derivative liability of $1.6 million. The company will need to raise significant additional funds to progress its business and complete the merger, which may result in significant dilution to stockholders.