NORTHRIDGE, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) — by way of InvestorWire – Innovative Payment Solutions, Inc. (“Modern” or the “Firm”) (OTCQB: IPSI), a U.S.-based fintech firm targeted on constructing a twenty first century digital cost resolution, IPSIPay, declares the addition of Peter N. Christos as an Advisory Board member. Mr. Christos is a Wall Avenue Company Finance veteran who brings a number of a long time of expertise working with start-up and early-stage corporations. Mr. Christos is adept at financing early-stage development corporations and has developed hands-on expertise throughout many trade sectors of the financial system.
“Pete Christos will probably be a priceless addition to our Advisory Board. He could have a birds-eye view, primarily advising on company technique, company finance and company growth,” mentioned Modern Cost Options, Inc. CEO William Corbett. “Having lived and labored in Manhattan, New York, for over 30 years, he brings a novel real-life Wall Avenue perspective to the Firm. We’re delighted to welcome Pete to our Advisory Board, and I look ahead to working with him.”
“Modern is creating a novel enterprise mannequin and is constructing a digital cost resolution in an effort to assist these prospects that don’t essentially have entry to typical monetary companies that the majority of us take without any consideration,” acknowledged Mr. Christos, Government Chairman of Abacos Ventures. “I’m excited to be becoming a member of the Advisory Board, and simply as excited to see the Firm transfer ahead in creating, licensing, and partnering with different thrilling know-how centric corporations to construct and deploy a particularly user-friendly know-how ecosystem with the unbanked, and underbanked, customers in thoughts.”
Mr. Christos continued, “This ecosystem ought to help those that want it essentially the most, whereas making an attempt to drive out the vultures that prey upon them. If you get to the center of it, thousands and thousands of fine persons are determined to get entry to raised and cheaper monetary methods to assist them with small however terribly necessary real-life points on daily basis. The Firm is working to unravel this downside by know-how that can drive down the prices for thousands and thousands of customers, whereas driving its enterprise worth by true economies-of-scale. I look ahead to working with the Firm’s rising administration staff, and different members of the Advisory Board.”
About Modern Cost Options, Inc.
Modern Cost Options, Inc. (“Modern”) strives to supply leading edge digital cost options for customers and repair suppliers. Modern’s ecosystem will span a number of units equivalent to self-service kiosks, cellular functions and POS terminals providing different cost strategies to fulfill the wants of customers and repair suppliers. (investor.ipsipay.com)
SAFE HARBOR STATEMENT
This press launch incorporates forward-looking statements inside the that means of the Personal Securities Litigation Reform Act of 1995. All statements aside from statements of historic reality contained on this press launch are forward-looking statements. In some instances, forward-looking statements might be recognized by terminology equivalent to “anticipate,” “consider,” “can,” “proceed,” “may,” “estimate, “anticipate,” “intend,” “could,” “plan,” “potential,” “predict,” “venture,” “ought to,” or “will” or the unfavorable of those phrases or different comparable terminology and embrace statements concerning the anticipated contribution of Mr. Christos because the Firm seeks to speed up its enterprise growth and evolve. These forward-looking statements are based mostly on expectations and assumptions as of the date of the press launch and are topic to a variety of dangers and uncertainties, a lot of that are troublesome to foretell that might trigger precise outcomes to vary materially from present expectations and assumptions from these set forth or implied by any forward-looking statements. Essential components that might trigger precise outcomes to vary materially from present expectation embrace, amongst others, our capability to place the Firm for future profitability, the length and scope of the COVID-19 outbreak worldwide, together with the impression to the financial system in California and Mexico, and the opposite components mentioned within the Firm’s Annual Report on Type 10-Ok for the yr ended Dec. 31, 2019, and the Firm’s subsequent filings with the SEC, together with subsequent periodic reviews on Kinds 10-Q and 8-Ok. The knowledge on this launch is offered solely as of the date of this launch, and the Firm undertakes no obligation to replace any forward-looking statements contained on this launch on account of recent data, future occasions, or in any other case, besides as required by legislation.
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