Innovative Payment Solutions Inc. (OTCMKTS:IPSI) Stock Moves Up On High Volume
Innovative Payment Solutions Inc. (OTCMKTS:IPSI) jumped 27% after announcing an amendment to the previously submitted Preliminary Proxy Statement Notice of Annual Meeting of Stockholders. The updated Preliminary Proxy Statement proposes the voting on a reverse share split of all outstanding and issued common stock shares at a ratio of 1 share for a number of shares between 2 and 30 that the Board of Directors will determine. Already the company…