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Innovative Payment Solutions increases authorized common shares via amendment
Filed amendment with Nevada Secretary of State on Jan 21, 2026; effective same day.
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IPSI forms JV with Brant Point Solutions for gaming payment solutions
On Oct 29, 2025, IPSI and Brant Point Solutions formed Jetties Partners, LLC (d/b/a IPSIPAY) JV.
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Innovative Payment Solutions restates articles, increases authorized shares and clarifies capital structure
Restated Articles filed with Nevada Secretary of State on October 3, 2025, effective same day.
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Innovative Payment Solutions and Business Warrior mutually terminate merger agreement
Termination of July 28, 2024 Merger Agreement effective January 22, 2025; no liabilities owed by either party.
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Innovative Payment Solutions: President/CFO Rosenblum resigns; Executive Chairman Corbett appointed CEO
Richard Rosenblum resigned as President, CFO, Secretary, and board member effective Jan 7, 2025.
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Innovative Payment Solutions to merge with Business Warrior; CEO Corbett removed, becomes Executive Chairman
Merger: IPSI Merger Sub merges into Business Warrior; Business Warrior holders receive 45% of pro forma IPSI common stock.
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IPSI issues ~$308k convertible notes, signs non-binding LOI to acquire BZWR
Issued unsecured convertible notes to 4 accredited investors for $308k gross; 8% interest, 12-month maturity, conversion at $0.345/share.
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Innovative Payment Solutions reports 2023 annual meeting results; directors elected, auditor ratified
Stockholders elected William D. Corbett, Richard Rosenblum, Madisson Butler, and David Rios as directors for one-year terms.
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IPSI novates IPSIPay SAAS agreement and $324,544 debt to Endpoint Technologies
IPSI transfers all rights, obligations, and $324,543.78 debt under the SAAS Agreement to Endpoint.
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Innovative Payment Solutions finalizes 1-for-30 reverse stock split effective August 30, 2023
Board approved 1-for-30 reverse split ratio on August 11, 2023; filed Certificate of Correction with Nevada on August 24.
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Innovative Payment Solutions forms JV for payment processing, to contribute up to $1.5M
Entered LLC Operating Agreement for IPSIPay Express, LLC, with Open Path, Inc. and EfinityPay, LLC.
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Innovative Payment Solutions raises $425k via convertible notes and warrants
Gross proceeds of $425,000 from 7 accredited investors; upsized to $600,000 if fully subscribed.
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Innovative Payment Solutions extends convertible notes to Dec 2023, cuts conversion price to $0.0115
Maturity of 12.5% convertible notes to Cavalry and Mercer extended to Dec 30, 2023; conversion price slashed from $0.15 to $0.0115 per share.
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Shareholders approve reverse stock split; reject preferred stock amendment at annual meeting
Elected all five director nominees: William Corbett, Richard Rosenblum, Madisson Corbett, Clifford Henry, David Rios.
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Innovative Payment Solutions furnishes investor presentation for LD Micro Main Event XV
Presentation dated October 25, 2022, furnished as Exhibit 99.1 under Item 7.01.
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Innovative Payment Solutions extends convertible notes, issues new warrants to Cavalry and Mercer
Extended $572K convertible notes to each of Cavalry and Mercer to Nov 16, 2022; principal increased 20% to $1,091,754.13 each.
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Innovative Payment Solutions signs Mario Lopez endorsement deal; $300K cash + 15M warrants
Two-year endorsement agreement with Pez-Mar, Inc. for Mario Lopez to serve as spokesperson effective July 8, 2022.
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Innovative Payment Solutions extends Cavalry & Mercer notes, repays Bellridge $1.24M
Cavalry note maturity extended from Feb 16 to Aug 16, 2022; principal increased 10% to $866,242.37.
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Shareholders approve reverse stock split (up to 1:30) and increase authorized shares to 750M at annual meeting
Reverse stock split approved (195.9M for, 57.9M against); board may set ratio between 1:2 and 1:30.
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Innovative Payment Solutions soft launches Beyond Wallet e-wallet, corrects subsidiary ownership
Soft launched Beyond Wallet app enabling US-to-Mexico cash transfers.
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Innovative Payment Solutions soft launches Beyond Wallet app for US-to-Mexico remittances
Launched Beyond Wallet e-wallet app via wholly-owned subsidiary Beyond Fintech, Inc.
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CEO William Corbett enters new employment; receives options for 20M shares at $0.15
William Corbett's new employment agreement runs through Dec 31, 2024, with base salary of $30,000 per month.
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Innovative Payment Solutions appoints Richard Rosenblum as President and CFO
Rosenblum appointed President, CFO, and board member effective July 22, 2021.
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Innovative Payment Solutions appoints David Rios to Board of Directors
David Rios appointed to Board effective July 22, 2021 until next annual meeting.
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Andrey Novikov resigns as Board member and Secretary, remains CTO
Novikov notified Board on May 31, 2021 of resignation, effective June 1, 2021.