$IPSI Very possible that we WILL have that organic growth and get to dollars without a split. I know that's what many investors/traders have been eyeing, and many still are without a doubt.
Many sold quickly on reflex the other day, but look at the many that bought those shares as well as... who bought it all the way back up to the pre-dip price? Look, there's less than 200 following on this board, and less than 5000 posts. That reflects a relatively small base compared to most OTC stocks that have had any kind of run. We had a real nice run early on, and there's a lot of excitement and for good reasons with IPSI and IPSIPay. I know there is a presence for IPSI on other "trader media," but as I stated it is all relatively low. Fintech but ESPECIALLY "payments" platform tech businesses are a hot, hot item/sector for bankers on wall street. When asked of an often-quoted fund manager last week, "So what would you be buying in this market, whether it keeps moving forward or pulls back in the foreseeable future?" he replied: "Payments platform/technology, absolutely!"
I think management is doing this in a respectable way. They need to have options available, and they're asking for shareholders to vote for that. Yes, they could have held back on the R/S question/option until they find that they indeed need to use it. However, what would it look like if the price ran to $1.80 and held there for months? They'd come out with there game plan including a R/S to uplist at that time, and many would rally behind, but many others would complain, especially now that they bought at those higher prices before R/S news. Shorts and manipulators could potentially do some real damage then.
As it stands, we're in a very good position now. Buyers (who are they) have already brought the price back after the dip. The market (retail investors included obviously) knows the plan. We could rally and bring this stock to Nasdaq organically, and then there would be NO R/S. The news cycle and awareness are only just now beginning.
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