Innovative Payment Solutions Inc (IPSI)

[PennyStockTrader2]

I have no idea why people continue to talk about a reverse split. When a stock is reversed, your value stays the same, its just the price of the stock that changes. If that is needed to get into an exchange or whatever, who cares, it makes zero difference.

To prove the point here is the 8-K for the QPAG/IPSI 10:1 stock split on 11/1/2019 two years ago and the accompanying chart surrounding that time two months on each side. As you can see, the split was negligible (except for a one day wonder in the upward direction which I took small advantage of at that time, maybe we need to do likewise this time with a small amount).

p.s. I just checked my records and I didnt take advantage of that spike, and if you look the volume was negligible, nobody cared.

https://www.otcmarkets.com/filing/html?id=13715515&guid=PIMwkaOswTmXB3h

On November 1, 2019, Innovative Payment Solutions, Inc. (formerly known as QPAGOS, the “Company”) filed an amendment to its articles of incorporation with the Secretary of State of the State of Nevada to change its corporate name change from “QPAGOS” to “Innovative Payment Solutions, Inc.” (the “Amended Certificate”). Also on November 1, 2019, immediately following the effectiveness of the Amended Certificate, the Company filed a Certificate of Change with the Secretary of State of the State of Nevada (the “Certificate of Change”) to effect a reverse split of Company’s common stock at a ratio of 1-for-10 (the “Reverse Stock Split”) , effective at 12:01 am on November 1, 2019. As a result of the Reverse Stock Split, each ten (10) pre-split shares of common stock outstanding will automatically combine into one (1) new share of common stock without any action on the part of the holders, and the number of outstanding shares common stock will be reduced from 320,477,867 shares to 32,047,787 shares (subject to rounding of fractional shares).

Focus on the company and what they are doing, not some meaningless stock split.