Innovative Payment Solutions Inc (IPSI)

[Renegades17]

When to buy


Someone asked me via DM whether it's better to buy after the R/S. A reasonable question, but one that I think has a straightforward answer.

1. The R/S, if it happens, won't occur until the price is at least $0.20 in my opinion. I know they can effect an uplist at lower price, but that ignores minimum market cap and other considerations. Moreover, the company should want to account for volatility and have a buffer over the minimum listing price. Thus, you will be giving up the opportunity to own a multi-bagger in the interim with very little downside.

2. Unlike most OTCs, IPSI doesn't have to do a R/S to raise capital. They are well funded at this point given raises done when the stock price was over $0.15.

3. The current enterprise value is basically zero if you factor in the ownership of FFT(company that developed the wallet technology) and net cash. It's a highly positively skewed risk/reward at this point.

My guess is we'll start to get announcements after the quarterly financials are filed. As I've previously stated, I want to see partnership announcements like the company referred to in the shareholder update from early October.