Innovative Payment Solutions Inc (IPSI)

[Renegades17]

Possible reason for much of the increase in A/S



Keep the following purchase option in mind:

The Company has an irrevocable right to acquire up to an additional 41% of the outstanding common stock of Frictionless at a purchase price of $300,000 for each 1% acquired.


At an $0.08 share price, for example, it would take a little over 150mm shares to acquire Frictionless. The increase in the A/S accommodates this and potentially other deals.