Company: IPSI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026455
Chunk: 200

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 200
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 in the United States and
    other countries, especially changes in laws or regulations applicable to our products;

    ●
    variations in our financial results or those of companies
    that are perceived to be similar to us;

    ●
    our ability or inability to raise additional capital to
    fund our working capital and business plans, and the terms on which we raise it;

    ●
    declines in the market prices of stocks generally;

    ●
    our public disclosure of the terms of any financing which
    we consummate in the future;

    ●
    our failure to generate revenue and positive cash flow
    or to become profitable;

    ●
    announcements by us or our competitors of significant contracts,
    new services, acquisitions, commercial relationships, joint ventures or capital commitments;

    ●
    cancellation of key contracts;

    ●
    our failure to meet financial or operational forecasts
    we publicly disclose;

    ●
    the trading volume of our common stock;

    ●
    sales of our common stock by us or our stockholders;

    ●
    general economic, industry and market conditions; and

    ●
    other events or factors, including those resulting from
    such events, or the prospect of such events, including war, terrorism and other international conflicts, public health issues
    including health epidemics or pandemics, and natural disasters such as fire, hurricanes, earthquakes, tornados or other adverse weather
    and climate conditions, whether occurring in the United States or elsewhere, could disrupt our operations, disrupt the operations
    of our suppliers or result in political or economic instability

These and similar market
and industry factors may seriously harm the market price of our common stock, regardless of our operating performance. Since the stock
price of our common stock has fluctuated in the past, has been recently volatile and may be volatile in the future, investors in our
common stock could incur substantial losses. In the past, following periods of volatility in the market, securities class-action litigation
has often been instituted against companies. Such litigation, if instituted against us, could result in substantial costs and diversion
of management’s attention and resources, which could materially and adversely affect our business, financial condition, results
of operations and growth prospects. There can be no guarantee that our stock price will remain at current prices or that future
sales of our common stock will not be at prices lower than those sold to investors.

17

Our investors’
ownership will likely be diluted in the