Innovative Payment Solutions Inc (IPSI)

[Renegades17]

It can run hard quickly


Just look at the chart from the early months last year. Undoubtedly, they've made additional progress, but OTC traders have short-term memory. They constantly need to be fed with new information or they lose interest.

I think the FFT investment alone is worth several multiples of the current price, but there's been little discussion about that.

I'm actually not disappointed that they moved away from kiosks as the vehicle to acquire users. That was capital intensive and there are better, more cost efficient, ways to grow the user base.

I'm also not disappointed that they're taking time with the IPSI app. Better to get that done right rather than release a buggy or otherwise problematic app.