Company: IPSI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026455
Chunk: 738

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 738
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 owner of Harborview Property Management (“HPM”) for over twenty-five (25) years,
where he invests and manages domestic and international commercial real estate, and multi-family real-estate assets. From 2008
to 2014, Mr. Rosenblum was a Director, President and Executive Chairman of Alliqua Biomedical Inc. (NASDAQ: ALQA), which developed
and marketed hydrogel manufacturing technology in the wound care sector. His philanthropic and community-centered activities include
being a founding board member of the Dr. David Feit Memorial Foundation (DFM), which for over 15 years raised money for the
benefit and support of youth activities. Since 2018. Effective January 17, 2022, Mr. Rosenblum was appointed as an independent director
to the board of H-Cyte, Inc. H-CYTE is a medical biosciences company with a mission is to become a leader in next-generation, cellular
therapeutics for the treatment of chronic health conditions. Mr. Rosenblum graduated Summa Cum Laude from SUNY Buffalo with a B.A.
in Finance & Accounting.

Mr. Rosenblum’s
experience as an executive of a publicly traded company and his financial experience, including in investment banking and as an investor
in publicly traded companies, we believe provide him with the attributes that make him a valuable member of the Company’s Board.

Mr. Rosenblum resigned
from all positions on January 7, 2025, with immediate effect.

30

Madisson G. Butler, Director.
Ms. Madisson G. Butler (formerly known as Madisson Corbett) was appointed to our
Board of Directors in May 2021. Ms. Butler has extensive experience in sales and built the sales development organizations at Series A-C tech
companies. Ms. Butler’s career in sales began in San Diego, overseeing global sales and marketing at the top surf wax company in
the US. Ms. Butler then worked at the International Surfing Association, recognized by the International Olympic, Committee and helped
introduce surfing to the Olympics in 2020. After her time in San Diego, Ms. Butler began working for various Y Combinator companies including
payroll & benefits platform, Gusto, hiring software, Lever, and mental health start up, Modern Health. Presently, Ms. Butler
works