Innovative Payment Solutions Inc (IPSI)

[bob4uall]

IPSI plans to give BZWR shareholders 45% of IPSI’s outstanding shares. I assume IPSI will not do a buyback to get shares, so they would have to issue new shares. If that is true, for each 55 IPSI shares now outstanding, they would need 45 new shares to convert BZWR shares. So, that’s about an 82% growth in outstanding shares. If an IPSI share is worth $0.20, that would cut it back to around $0.12 or so.