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Proceeds from short term
notes and convertible...
$817,000
Net cash provided by
financing activities
$817,000
Net decrease in cash
$29,278
Canceled cashflow
$787,722
Fair value
adjustment to price...
$8,250,469
Interest accruals
$896,637
Impairment of notes
receivable
-$424,989
Amortization of debt discount
$318,100
Fair value of common
stock issued for...
$297,525
Stock based
compensation
$21,928
Related party payables
$7,832
Depreciation
$2,169
Cash used in
operating activities
-$787,722
Canceled cashflow
$10,219,649
Gain (loss) on
settlement, cancellation...
$6,334,116
Net loss
-$4,394,384
Derivative liability
movements
$132,791
Accounts payable and
accrued expenses
-$58,485
Deemed interest income
$53,818
Other current assets
$33,775
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Cash Flow
source: myfinsight.com
Innovative Payment Solutions, Inc. (IPSI)
Innovative Payment Solutions, Inc. (IPSI)