Innovative Payment Solutions Inc (IPSI)

[Dina]

Salary was reduced recently and it´s a normal salary, not even unusual:

"The Employment Agreements were amended to extend their terms by an additional one-year period, the Pereira Agreement was amended to lower Mr. Pereira’s salary to $180,000 $240,000 and the Novikov Agreement was amended to lower Mr. Novikov’s salary to $108,000 from $180,000. The changes in salary were effective as of May 1, 2019."
https://ih.advfn.com/stock-market/USOTC/qpagos-QPAG/stock-news/80150621/current-report-filing-8-k

The business is a building process and the market is huge because Mexico is unbanked. There are not many businesses with this kind of potential.

This is a quote from Yahoo: "Costly putting in kiosks and servicing them - also, to get to scale , they will need to put in about 10 times the number that they said they were going to install. They would need to be in every town and/ or shopping center. Security issues. Short term pain for long term gain."

Convertible debt is obviously well managed. I expect some notes will be paid, QPAG only needs news. THIS is the only thing we can complain, but non-shareholders should be happy because of this failure you can load QPAG at these ridiculous prices! Sometimes it´s a buying opportunity and this is what i see!

You see they issued 50m shares in 7 months, that´s not a lot. And you also see stock never had more than 5m volume.

Ceo is not interested in a toxic death spiral! 50m shares or o/s up by 50% (it was 86m when it traded .20) is never a reason that any stock which traded years .20-.$1 should go down to .006. This is not a failed company, they doubled revenue to $8m last year!

Comparing it to failed companies which are the opposite of well managed is not a base to discuss anything.

And to this no bid nonsense i have no more words. Better stay in AHIX, the place for clowns!