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Innovative Payment Solutions, Inc. – ‘10-K’ for 12/31/17 – ‘EX-4.16’

On:  Tuesday, 4/17/18, at 5:16pm ET   ·   For:  12/31/17   ·   Accession #:  1615774-18-2695   ·   File #:  0-55648

Previous ‘10-K’:  ‘10-K’ on 4/17/17 for 12/31/16   ·   Next:  ‘10-K’ on 4/9/19 for 12/31/18   ·   Latest:  ‘10-K/A’ on 4/17/24 for 12/31/23   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/17/18  Innovative Payment Solutions, Inc 10-K       12/31/17  108:8.8M                                   S2 Filings LLC/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    826K 
 2: EX-4.10     Instrument Defining the Rights of Security Holders  HTML     50K 
 3: EX-4.11     Instrument Defining the Rights of Security Holders  HTML     50K 
 4: EX-4.12     Instrument Defining the Rights of Security Holders  HTML     49K 
 5: EX-4.13     Instrument Defining the Rights of Security Holders  HTML     50K 
 6: EX-4.14     Instrument Defining the Rights of Security Holders  HTML     49K 
 7: EX-4.15     Instrument Defining the Rights of Security Holders  HTML     30K 
 8: EX-4.16     Instrument Defining the Rights of Security Holders  HTML     32K 
 9: EX-4.17     Instrument Defining the Rights of Security Holders  HTML     52K 
10: EX-4.18     Instrument Defining the Rights of Security Holders  HTML     54K 
11: EX-4.19     Instrument Defining the Rights of Security Holders  HTML     49K 
12: EX-4.20     Instrument Defining the Rights of Security Holders  HTML     54K 
13: EX-4.21     Instrument Defining the Rights of Security Holders  HTML     51K 
14: EX-4.22     Instrument Defining the Rights of Security Holders  HTML     52K 
15: EX-4.23     Instrument Defining the Rights of Security Holders  HTML     48K 
16: EX-10.20    Material Contract                                   HTML     59K 
17: EX-10.21    Material Contract                                   HTML     57K 
18: EX-10.22    Material Contract                                   HTML     61K 
19: EX-10.23    Material Contract                                   HTML     59K 
20: EX-21.1     Subsidiaries List                                   HTML     25K 
21: EX-31.1     Certification -- §302 - SOA'02                      HTML     33K 
22: EX-31.2     Certification -- §302 - SOA'02                      HTML     32K 
23: EX-32.1     Certification -- §906 - SOA'02                      HTML     28K 
24: EX-32.2     Certification -- §906 - SOA'02                      HTML     27K 
31: R1          Document and Entity Information                     HTML     56K 
32: R2          Consolidated Balance Sheets                         HTML    113K 
33: R3          Consolidated Balance Sheets (Parenthetical)         HTML     49K 
34: R4          Consolidated Statements of Operations and           HTML     72K 
                Comprehensive Loss                                               
35: R5          Consolidated Statements of Changes in               HTML     69K 
                Stockholders' (Deficit) Equity                                   
36: R6          Consolidated Statements of Cash Flows               HTML    120K 
37: R7          Organization and Description of Business            HTML     38K 
38: R8          Accounting Policies and Estimates                   HTML    126K 
39: R9          Going Concern                                       HTML     32K 
40: R10         Acquisition                                         HTML     33K 
41: R11         Inventory                                           HTML     32K 
42: R12         Plant and Equipment                                 HTML     38K 
43: R13         Intangibles                                         HTML     37K 
44: R14         Notes Payable                                       HTML     46K 
45: R15         Convertible Note Payable                            HTML    224K 
46: R16         Derivative Liability                                HTML     42K 
47: R17         Stockholders' Equity                                HTML     73K 
48: R18         Net Revenue                                         HTML     35K 
49: R19         Income Taxes                                        HTML     64K 
50: R20         Equity Based Compensation                           HTML     34K 
51: R21         Net Loss Per Share                                  HTML     34K 
52: R22         Related Party Transactions                          HTML    162K 
53: R23         Commitments and Contingencies                       HTML     30K 
54: R24         Subsequent Events                                   HTML     37K 
55: R25         Accounting Policies and Estimates (Policies)        HTML    188K 
56: R26         Accounting Policies and Estimates (Tables)          HTML     30K 
57: R27         Inventory (Tables)                                  HTML     33K 
58: R28         Plant and Equipment (Tables)                        HTML     37K 
59: R29         Intangibles (Tables)                                HTML     35K 
60: R30         Notes Payable (Tables)                              HTML     38K 
61: R31         Convertible Note Payable (Tables)                   HTML    115K 
62: R32         Derivative Liability (Tables)                       HTML     43K 
63: R33         Stockholders' Equity (Tables)                       HTML     66K 
64: R34         Net Revenue (Tables)                                HTML     34K 
65: R35         Income Taxes (Tables)                               HTML     60K 
66: R36         Equity Based Compensation (Tables)                  HTML     35K 
67: R37         Net Loss Per Share (Tables)                         HTML     34K 
68: R38         Related Party Transactions (Tables)                 HTML    107K 
69: R39         Organization and Description of Business (Details   HTML     54K 
                Narrative)                                                       
70: R40         Accounting Policies and Estimates (Details)         HTML     38K 
71: R41         Accounting Policies and Estimates (Details          HTML     40K 
                Narrative)                                                       
72: R42         Going Concern (Details Narrative)                   HTML     29K 
73: R43         Acquisition (Details Narrative)                     HTML     49K 
74: R44         Inventory (Details)                                 HTML     29K 
75: R45         Plant and Equipment (Details)                       HTML     41K 
76: R46         Plant and Equipment (Details Narrative)             HTML     28K 
77: R47         Intangibles (Details)                               HTML     35K 
78: R48         Intangibles (Details Narrative)                     HTML     41K 
79: R49         Notes Payable (Details)                             HTML     36K 
80: R50         Notes Payable (Details Narrative)                   HTML     69K 
81: R51         Convertible Note Payable (Details)                  HTML    241K 
82: R52         Convertible Note Payable (Details Narrative)        HTML    720K 
83: R53         Derivative Liability (Details)                      HTML     45K 
84: R54         Derivative Liability (Details 1)                    HTML     35K 
85: R55         Derivative Liability (Details Narrative)            HTML     29K 
86: R56         Stockholders' Equity (Details)                      HTML     40K 
87: R57         Stockholders' Equity (Details 1)                    HTML     70K 
88: R58         Stockholders' Equity (Details 2)                    HTML     48K 
89: R59         Stockholders' Equity (Details Narrative)            HTML    117K 
90: R60         Net Revenue (Details)                               HTML     38K 
91: R61         Income Taxes (Details)                              HTML     49K 
92: R62         Income Taxes (Details 1)                            HTML     45K 
93: R63         Income Taxes (Details 2)                            HTML     38K 
94: R64         Income Taxes (Details Narrative)                    HTML     55K 
95: R65         Equity Based Compensation (Details)                 HTML     34K 
96: R66         Net Loss Per Share (Details)                        HTML     34K 
97: R67         Related Party Transactions (Details)                HTML     34K 
98: R68         Related Party Transactions (Details 1)              HTML     36K 
99: R69         Related Party Transactions (Details 2)              HTML     84K 
100: R70         Related Party Transactions (Details Narrative)      HTML     62K  
101: R71         Related Party Transactions (Details Narrative 1)    HTML    148K  
102: R72         Related Party Transactions (Details Narrative 2)    HTML     65K  
103: R73         Commitments and Contingencies (Details Narrative)   HTML     35K  
104: R74         Commitments and Contingencies (Details Narrative    HTML     33K  
                1)                                                               
105: R75         Subsequent Events (Details Narrative)               HTML     88K  
107: XML         IDEA XML File -- Filing Summary                      XML    165K  
106: EXCEL       IDEA Workbook of Financial Reports                  XLSX    117K  
25: EX-101.INS  XBRL Instance -- qpag-20171231                       XML   2.62M 
27: EX-101.CAL  XBRL Calculations -- qpag-20171231_cal               XML    189K 
28: EX-101.DEF  XBRL Definitions -- qpag-20171231_def                XML    815K 
29: EX-101.LAB  XBRL Labels -- qpag-20171231_lab                     XML   1.21M 
30: EX-101.PRE  XBRL Presentations -- qpag-20171231_pre              XML   1.04M 
26: EX-101.SCH  XBRL Schema -- qpag-20171231                         XSD    218K 
108: ZIP         XBRL Zipped Folder -- 0001615774-18-002695-xbrl      Zip    185K  


‘EX-4.16’   —   Instrument Defining the Rights of Security Holders


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Exhibit 4.16

 

EXTENSION AGREEMENT

 

Reference is made to that certain Note, dated October 21, 2016 (the “Note”), in the principal amount of $50,000 of Qpagos, a Nevada corporation (the “Company”).

 

Whereas, the Note was due on February 17, 2017 (the “Maturity Date”), and the undersigned holder desired to extend the Maturity Date until May 30, 2017;

 

Whereas, the Note was due on May 30, 2017 (the “Maturity Date”), and the undersigned holder desires to further extend the Maturity Date until June 29, 2017;

 

Now, Therefore, in consideration of the premises, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, it is agreed that:

 

1.The undersigned holder hereby agrees to extend to Maturity Date to June 29, 2017 to afford the Company more time to secure the funds to repay the Note.

 

2.This Extension Agreement contains the entire agreement between the parties hereto regarding the subject matter set forth herein and there are no agreements, warranties or representations which are not set forth therein or herein.

 

3.This Extension Agreement may not be modified or amended except by an instrument in writing duly signed by or on behalf of the parties hereto.

 

4.This Extension Agreement may be executed simultaneously in any number of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

 

5.This Extension Agreement shall be governed by and construed in accordance with the laws of the State of Nevada without giving effect to the principles of conflicts of laws thereof.

 

Executed as of the 30th day of May 2017.

 

  COBBOLO LIMITED
     
  By: /s/ Victor Amirov
    Authorized Officer

 

ACKNOWLEDGED AND AGREED:

 

QPAGOS  
     
By: /s/ Gaston Pereira  
  Authorized Officer  

 

 C: 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:4/17/18
For Period end:12/31/17NT 10-K
6/29/17
5/30/173,  8-K
2/17/17D
10/21/16
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/02/20  Innovative Payment Solutions, Inc S-1/A                 98:13M                                    EdgarAgents LLC/FA
11/16/20  Innovative Payment Solutions, Inc S-1                    9:2.7M                                   EdgarAgents LLC/FA
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Filing Submission 0001615774-18-002695   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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