0001213900-23-096506.txt : 20231218 0001213900-23-096506.hdr.sgml : 20231218 20231218161525 ACCESSION NUMBER: 0001213900-23-096506 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231127 FILED AS OF DATE: 20231218 DATE AS OF CHANGE: 20231218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rios David F CENTRAL INDEX KEY: 0001876430 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55648 FILM NUMBER: 231493904 MAIL ADDRESS: STREET 1: 14924 DIDUCA WAY CITY: LOS GATOS STATE: CA ZIP: 95032 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Innovative Payment Solutions, Inc. CENTRAL INDEX KEY: 0001591913 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 56B 5TH AVENUE, LOT 1 #AT CITY: CARMEL BY THE SEA STATE: CA ZIP: 93921 BUSINESS PHONE: (866) 477-4729 MAIL ADDRESS: STREET 1: 56B 5TH AVENUE, LOT 1 #AT CITY: CARMEL BY THE SEA STATE: CA ZIP: 93921 FORMER COMPANY: FORMER CONFORMED NAME: QPAGOS DATE OF NAME CHANGE: 20160615 FORMER COMPANY: FORMER CONFORMED NAME: Asiya Pearls, Inc. DATE OF NAME CHANGE: 20131113 4 1 ownership.xml X0508 4 2023-11-27 0 0001591913 Innovative Payment Solutions, Inc. IPSI 0001876430 Rios David F C/O INNOVATIVE PAYMENT SOLUTIONS, INC. 56B 5TH STREET LOT 1 #AT CARMEL BY THE SEA, CA 93921 1 0 0 0 0 Note Shares 0.345 2023-11-27 4 P 1 579710 0.345 A 2023-11-27 2024-11-27 Common Stock 579710 779710 D Warrant Shares 0.345 2023-11-27 4 P 1 579710 0.345 A 2023-11-27 2024-11-27 Common Stock 579710 1359420 D David Rios entered into a Convertible Promissory Note with Innovative Payment Solutions in the amount of $200,000, which is at any time convertible into shares of common stock at a conversion price of $0.345 per share. The shares are held by the 1999 Rios Family Trust. David Rios is the Trustee of the 1999 Rios Family Trust. The shares were issued pursuant to a common stock purchase warrant as part of a financing agreement by and between David Rios and Innovative Payment Solutions, Inc. The shares are held by the 1999 Rios Family Trust. David Rios is the Trustee of the 1999 Rios Family Trust. /s/ David Rios 2023-12-18