Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Innovative Payment Solutions ( (IPSI) ) has issued an update.
Innovative Payment Solutions, Inc. announced the resignation of Richard Rosenblum from his roles as President, CFO, Secretary, and Board member, effective immediately. William D. Corbett, the current Executive Chairman, has been appointed as CEO and will serve as the principal executive officer. The board extended Corbett’s employment term and issued convertible promissory notes to Rosenblum and Corbett for accrued wages. Additionally, a financing round was completed with a $125,000 convertible promissory note from an institutional investor.
More about Innovative Payment Solutions
YTD Price Performance: -25.00%
Average Trading Volume: 120,545
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $842.9K
See more insights into IPSI stock on TipRanks’ Stock Analysis page.