Innovative Payment Solutions Inc (IPSI)

[Renegades17]

New CFO owns 2mm shares (direct, not options)



Based on the form 3 filing on 8/13. Seems like he bought them on the open market, which is a great sign. It also might explain the information void for a while to keep the share price down so he could accumulate.

Management's interests are certainly well-aligned with shareholders. Time for them to show evidence of execution and start generating some excitement around the story.

I agree with the comment that we can't just wait to deploy kioks to get the business moving forward. I'd keep in mind, they have a payroll solution that's been in beta testing. This will serve an additional onramp into the IPSI ecosystem (wallet, stablecoin, money transfers etc.).