Innovative Payment Solutions Inc (IPSI)

[Law of Averages]

agreed.

[abazaba375]

The dilution is finishing up when it's done this will bounce 4 times  on a sneeze 

[ShawnyD]

Old P&D that hasn't done anything positive on 5 years...

[Law of Averages]

Yup!

[abazaba375]

IPSI dilution looks to be done here 

[AdamSmith2]

What about it?

[abazaba375]

IPSI .... 

[AdamSmith2]

This can be a 700,000 floater but ain’t gonna let it rip. The lords don’t want

[abazaba375]

77 million OS is not a bloated pig cheapest QB on the OTC n Paul is already retreating with slaps out the gate on close watch here $IPSI 

[AdamSmith2]

People who can’t even spell properly are giving ideas.

You were warned.

Don’t buy this bloated pig.

[AdamSmith2]

Only a fool would buy. This is not going anywhere.

[abazaba375]

Added .002 

[The Night Stalker]

dirt chap

[Macod]

Is this still a strong buy?

[ShawnyD]

My $1500 investment is now worth $2.50... not taking the loss till I'm in a higher tax bracket lol

[PennyStockTrader2]

yep I think that that makes sense for us, we dont need any further dilution. As well BZWR cant even keep up with their filings.

[bob4uall]

IPSI / BZWR merger plan terminated.

Today, Edward on the BZWR board has posted:

"On January 22, 2025 Business Warrior Corporation (“BZWR”) and Innovative Payment Solutions, Inc. (“IPSI”), mutually agreed to terminate the Agreement and Plan of Merger dated July 28, 2024, between them (the “Merger Agreement”). This decision reflects BZWR’s and IPSI’s shared understanding and agreement that discontinuing the merger is in the best interest of both parties."

[ShawnyD]

Put a fork in it, this thing is done.. down 99% from 65 years ago

[Pennytrader64]

Been awfully quiet here with the stock making new lows every day with total silence from the company. First time in a long time the double print was printed in the middle of the day and no large size showing on the offer. Maybe, maybe those shares just converted are finished being sold, and the stock has a glimmer of hope to recover.

[STILL TOWING]

Following PST2 trading advice is a horrible way to make money

[ShawnyD]

Borrowing is a terrible way to leverage a business..

[PennyStockTrader2]

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

[bob4uall]

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.

[Pennytrader64]

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

[PennyStockTrader2]

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.

[Pennytrader64]

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

[PennyStockTrader2]

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

[Pennytrader64]

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

[PennyStockTrader2]

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

[PennyStockTrader2]

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.

[Pennytrader64]

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

[bob4uall]

“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.

[PennyStockTrader2]

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.

[Pennytrader64]

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?

[PennyStockTrader2]

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

[NinjaPioneer66]

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

[bob4uall]

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

[NinjaPioneer66]

Considering what you said, yeah, bankruptcy makes sense.

[Pennytrader64]

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

[STILL TOWING]

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

[Macod]

I’m bidding at .009

[PennyStockTrader2]

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!

[Pennytrader64]

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

[ShawnyD]

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

[Pennytrader64]

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

[NinjaPioneer66]

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.

[PennyStockTrader2]

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.

[NinjaPioneer66]

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.

[NinjaPioneer66]

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.

[Pennytrader64]

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!