Innovative Payment Solutions Inc (IPSI)

[Renegades17]

Also keep in mind


I realize most "investors" in OTC land don't care much about valuation, but IPSI is incredibly cheap right now. The enterprise value is probably $1-$2mm now if you factor in some cash burn in Q3. That's despite the release of the app and the payroll system has been in beta testing for several months. They've also got a prepaid card product in the works that being run by a guy with a lot of experience in that area. In short, you're basically paying nothing at this price for a lot of embedded value.

I would add another catalyst might be a strategic investor, presumably from Mexico or another International market, investing in the company. That could be a huge win for all stakeholders.

Now that the shareholder meeting is over, I would expect a wave of announcements to start hitting. They didn't hire the IR firm to sit idly by tweeting industry information.