IPSI · Innovative Payment Solutions, Inc.
$0.00
+0.00 (+21.05%)
At close · Aug 28
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company has determined that management's current plans have not alleviated the substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Market Cap
$1.99M
Shares
994.18M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| William Corbett | Chairman of the Board and Chief Executive Officer | $1,716,897 |
| Richard Rosenblum | Chief Financial Officer and President | $460,155 |
| Andrey Novikov | Chief Technology Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| William Corbett | Chairman of the Board and Chief Executive Officer | $5,848,622 |
| Richard Rosenblum | Chief Financial Officer, President and Secretary | $683,006 |
| Andrey Novikov | Chief Technology Officer | $129,304 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| William Corbett | Chairman of the Board and Chief Executive Officer | $706,483 |
| Andrey Novikov | Chief Technology Officer | $135,000 |
| Richard Rosenblum | Chief Financial Officer, President and Secretary | — |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| William Corbett | Chairman of the Board, Chief Executive Officer and Interim Chief Financial Officer Andrey Novikov Chief Technology Officer | $51,841 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Richard Rosenblum | President | Resigned | 2025-01-10 |
| William D. Corbett | Chief Executive Officer | Appointed | 2025-01-10 |
| Richard Rosenblum | member of the Board | Resigned | 2025-01-10 |
| Richard Rosenblum | President, Chief Financial Officer, Secretary, and as a member of the Board | Resigned | 2025-01-10 |
| Richard Rosenblum | principal executive officer | Appointed | 2024-07-31 |
| William D. Corbett | Executive Chairman | Appointed | 2024-07-31 |
| Richard Rosenblum | President and Chief Financial Officer | Appointed | 2021-07-28 |
| Richard Rosenblum | board of directors | Appointed | 2021-07-28 |
| Richard Rosenblum | President and Chief Financial Officer | Appointed | 2021-07-28 |
| David Rios | Board of Directors | Appointed | 2021-07-28 |
| Andrey Novikov | Secretary | Resigned | 2021-07-19 |
| Andrey Novikov | member of the Board | Resigned | 2021-07-19 |
| Madisson G. Corbett | Board | Appointed | 2021-05-06 |
| Clifford W. Henry | Board | Appointed | 2021-05-06 |
| William Corbett | Chairman of the Board | Appointed | 2021-02-26 |
| William Corbett | Chief Executive Officer | Appointed | 2020-06-29 |