Company: IPSI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110820
Chunk: 48

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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000 shares to Mr. Corbett, the Company
CEO. The fair value of the shares on the date of grant was $0.0037 per share, totaling $249,750.

A
summary of restricted stock activity during the period January 1, 2025 to September 30, 2025 is as follows:

    Total restricted shares  
    Weighted average fair market value per share  
    Total unvested restricted shares  
    Weighted average fair market value per share  
    Total 
vested restricted shares  
    Weighted average fair market value per share 
  
    Outstanding January 1, 2025 
     783,167  
    $1.5000  
     -  
    $-  
     783,167  
    $1.50 
  
    Granted and issued 
     67,500,000  
     0.0037  
     -  
     -  
     67,500,000  
     0.0037 
  
    Forfeited/Cancelled 
     -  
     -  
     -  
     -  
     -  
     - 
  
    Vested 
     -  
     -  
     -  
     -  
     -  
     - 
  
    Outstanding September 30 ,2025 
     68,283,167  
    $0.0207  
     -  
    $-  
     68,283,167  
    $0.0207 

The restricted stock granted, issued
and exercisable at September 30, 2025 is as follows:

    Restricted Stock Granted and Vested 
  
    Grant date Price  
    Number Granted  
    Weighted Average Fair Value per Share 
  
    $0.0037  
     67,500,000  
     0.0037 
  
    $1.4700  
     683,167  
    $1.4700 
  
    $1.5000  
     33,333  
     1.5000 
  
    $1.6500  
     66,667  
     1.6500 

     68,283,167  
    $0.0207 

The Company