Business Warrior Corporation (CE) (BZWR) Quote

BZWR price $0.0045, six times higher than..yesterday! Highest since February, 2024. I see no news or filings. Note that dollar volume is under $200 (40,000 shares), so this price action was not hard to create. Only the Experts can trade this security, as well.

Does anyone know what happened?

Expert Market
Delinquent SEC Reporting
Transfer Agent Verified
Prohibited Service Provider


The term "Prohibited Service Provider" has now been dropped from the OTC markets overview. It now shows:

Expert Market
Delinquent SEC Reporting
Transfer Agent Verified

https://www.otcmarkets.com/stock/BZWR/overview


Guess either they changed auditors or the same auditors are now NOT prohibited.

The last price traded is $0.0001. The lowest price it can go before it hits .0000.

BZWR has not shown any sense of urgency in filing its delinquent statements.

10,000 BZWR shares = $1

That’s how the “Experts” see it now that BZWR has income that covers some portion of their expenses. Is BZWR better off or worse off? Experts say worse off and spent a few cents to establish the $0.0001 record low share price.

Just kidding. Whatever is happening in the expert market, it is clear no one in it has been doing anything about BZWR shares, which is of course what BZWR probably deserves. Though, somehow they got SLDX to back them. (No idea why the two joined forces.)

BZWR activity in SLDX is now visible in the SLDX first quarter report, through March 31.

The SLDX First Quarter Report includes a Statement of Operations that shows License agreement revenue for the first time. Here are the first few lines:
STELLA DIAGNOSTICS, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENT OF OPERATIONS
FOR THE THREE AND NINE MONTHS ENDED MARCH 31, 2025 AND 2024
For The Three Months Ended
...............................................................March 31,.........................March 31,
..................................................................2025.....................................2024

License agreement revenue ...............$ 201,262..............................$....... -
Cost of services .....................................(326,450).................................... -
Gross Loss............................................. (125,188).................................... -
Operating expenses:
General and administrative .....................491,074..............................218,097
Total operating expenses......................$ 491,074 .........................$ 218,097


I presume the portion down to "Gross Loss" is the BZWR activity only since there are no previous year values. I also presume that since revenue started sometime after January 1, this is not a whole quarter of BZWR activity.

Do you think this was a “rug pull” as they call it in crypto?
Went public off a shell company … made some money … then went on auto pilot\silent (pulling a salary for doing very little…as you mentioned)?
Evidence to support this theory? = as has been noted…not alot of concern recently as there was initially for investors.

Or is it just that the business they tried to build just hasn’t quite materialized yet.

I still hold out hope for the latter.

Wonder if Acell is still their auditor's.

Reason for Prohibited Service Provider
Accell Audit & Compliance, P.A

3001 North Rocky Point Drive East

Suite 200

Tampa, FL 33607


FROM:

Public Company Accounting Oversight Board (PCAOB)


The document outlines disciplinary actions taken by the Public Company Accounting Oversight Board (PCAOB) against Accell Audit & Compliance, P.A., a public accounting firm based in Tampa, Florida. ? Here's a simplified summary:


Action Taken: The PCAOB permanently revoked Accell Audit & Compliance, P.A.' ?s registration due to violations of PCAOB Rule 5000, which requires compliance with Board orders. ?


Background:

In September 2024, the PCAOB issued an order against Accell for failing to communicate required information to audit committees of two clients. ? The firm was censured, fined $40,000, and required to implement remedial actions and certify compliance within 120 days. ?
Accell failed to pay the fine and did not certify completion of the required remedial measures, violating the September 2024 order. ?
Sanctions:

The PCAOB determined that Accell's actions involved intentional or repeated negligent conduct, justifying permanent revocation of its registration.

Conclusion: [b]The PCAOB issued the order on March 11, 2025, permanently revoking Accell's ability to practice public accounting under its jurisdiction.

This action was taken to protect investors and ensure the integrity of audit reports. ?

.
Respondent
1.
Accell Audit & Compliance, P.A. is a corporation headquartered in Tampa,
Florida. At all relevant times, Accell was registered with the Board pursuant to Section 102 of
the Act and PCAOB rules. At all relevant times, Accell was licensed to practice public accounting
by the Florida Board of Accountancy (license number AD66617).
B.
Accell Failed to Comply with a Board Order in Violation of PCAOB
Rule 5000
2.
PCAOB Rule 5000, General, requires that a registered public accounting firm
comply with all Board orders to which the firm is subject.
3.
On September 24, 2024, the Board issued an Order Instituting Disciplinary
Proceedings, Making Findings, and Imposing Sanctions against the Firm, In the Matter of Accell
Audit and Compliance, P.A., PCAOB Release No. 105-2024-037 (“September Order”), for Accell’s
failure to make certain required communications to the audit committees of two issuer clients.
Pursuant to the September Order, the Board censured the Firm, ordered the Firm to pay a civil
money penalty of $40,000 within ten days of entry of the September Order, and ordered the
Firm to undertake certain remedial actions regarding Firm policies and procedures and to
provide a certification that the Firm has done so within 120 days of entry of the September
Order.
4.
Accell has failed to pay the civil money penalty imposed upon it and has failed to
provide a certification that it has completed the required remedial measures. Accell therefore
failed to comply with the Board’s September Order in violation of PCAOB Rule 5000

Depressing thought.

The 3rd QTR, ended 5/31/2024 took a little over 4 months to file from the prev. filing for 2/29/2024.
The 3rd QTR. was unaudited which is standard for a Quarterly and still took a little over 4 months to file, The Year End 8/31/2024 will be an Audited statement which will take longer, so i would expect it in about 5 months. By that time, they will be delinquent for the 1st qtr 11/30/2024,2nd QTR. 2/28/2025, 3rd QTR. 5/31/2025 with the year end 8/31/2025 almost due and probaly will end up delinquent. On current schedule that would take another 17 months. Then they will be delinquent for another 3 or 4 statements.

BZWR has found a home in the Expert market for a very very long time.

Geez Rhett doesn't even announce that a statement was filed, no narrative, no nothing not even a statement for many months, and doesn't post on X (twitter) for many months. Does't show that Rhett has any concern for shareholders or being compliant.

Why shouldn he? As long as he gets paid he is happy since there are just enough funds from revenues for him and Brooks.

Ugh. It’s probably somebodies relative or something.
What about an investor call.
Remember when Rhett used to do videos and updates with the helmet on the bookcase in the background.
We were so young.

You do realize that is completely diffrent, since SLDX is in the medical business. There is no connection or reason SLDX would make a deal with PAYPLAN. Having the same legal council makes me wonder what is behind this. Does SLDX even have a sales force to focus on PayPLAN,they cannot even do well in their own field.There is a reason why the have the rights since there is a reason for everything.

Something doesn't sound right or fit.

So, Business Warrior's (BZWR) Licensee is Stella Diagnostics (SLDX). (A repeat, I know, but stating this as a headline is good for search engines.)

Looks like Stella has had some significant deals in its history. Here is the lead from an article dated 2021:

Stella Diagnostics and Mayo Clinic Enter Into Collaborative Research Agreement
February 17, 2021 | 4 min read

Stella Diagnostics, Inc. announced that they have entered into a Collaborative Research Agreement with the Mayo Clinic to assess the predictability and clinical utility of the Company’s STLA101 panel in patients diagnosed with Barrett’s esophagus...

I should have assumed that SLDX is financially challenged. No Plaid there. Congratulations to Edward for discovering the connection.

As was already posted, the latest Annual Report is here. The Accumulated deficit of $(230,050,919) and Total Stockholders’ Deficit $(18,768,648) catch your eye pretty quickly on about the 16th page of the document.

Really odd:There is something strange.

Both BZWR and SLDX have the same Legal council!

Jonathan D. Leinwand, P.A.

18305 Biscayne Blvd, Suite 200

Aventura, FL 33160

Seems to be something behind this. May mean nothing but no way SLDX would normally get involved with this type of product from BZWR.

https://www.otcmarkets.com/stock/SLDX/profile

https://www.otcmarkets.com/stock/BZWR/profile

Just an obversation. This was announced 1 month after BZWR announced that the merger with IPSI was cancelled. The cancellaton was as of 1/22/25 and SLDX was as of 2/14/2025.

That is weird. Not sure how lending and esophageal cancer are inter related.

Though my brief perusal does show that in a prior life Stella diagnostics had some association with what appears to be basically venture capital?

Absolutely amazing:

Apparently SLDX is the company: Below is what was in SLDX'S filing on 3/26/2024 see pg 17 #12 subsequent events. The exact same terms that BZWR stated in their 3/10/2025 filing and they didn't name the company either:

SLDX Annual filing:
https://www.otcmarkets.com/stock/SLDX/disclosure

"On February 14, 2025, the Company entered into a license and royalty agreement. Under this agreement, the Company was granted an exclusive license to market, sell, and distribute licensed products. The agreement has an initial term of one year and will automatically renew for an additional two-year term unless either party provides written notice of cancellation. Upon execution of the agreement,the Company paid an initial fee of $200,000 and agreed to pay royalties equal to 30% of the net margin derived from the licensed products. Additionally, the Company assumed responsibility for employee-related expenses and technology costs associated with the license."


BZWR 8K FILING:

https://www.otcmarkets.com/filing/html?id=18269138&guid=zlV-kpTaeC6wQth

"Under the terms of the Agreement, the Licensee will assume Business Warrior’s current customers and pay Business Warrior a license fee equal to Business Warriors employee and technology costs plus 30% of the Licensee’s Net Margin derived from the Licensed Products each month. Business Warrior also received an initial fee of $200,000."

Wonder why the secrecy (if that’s what’s going on)? Can you guys educate me on reason(s) why that would be necessary at this juncture? If it was a healthier stock I would make the assumption that someone was buying “behind the scenes” …. before the news got out.

It sure is interesting, but I can't find its meaning.

"SLDX" appears only once in the document, right where you found it in Item 4 of Exhibit A:

b. Scope of License – The Licensee (SLDX) only receives the right to use, market, and generate revenue from the software...

The grammar seems to indicate that "SLDX" is the Licensee. But, searching around the Internet, I don't see anything that makes sense. SLDX could refer to the actual Licensee, or it could just be something in the boilerplate agreement that someone forgot to delete.

There is no doubt that the parties intended to conceal the Licensee's identity. But it is interesting if someone has dropped a clue, and something referred to as "SLDX" is the actual Licensee.

Good question. Why they didn't state the company, or did they in this fililing.

They state in the 8k filing filed 0n 3/10/2025:

Scope of License – The Licensee (SLDX) only receives the right to use, market, and generate revenue from the software within the licensed term and territory but does not receive any ownership rights

Doesn't make sense since the company profile of "Stella Diagnostics (SLDX), Inc., a research diagnostics company, engages in developing molecular diagnostics tools and new drug targets for esophageal diseases.

I am not sure that the SLDX referred to by BZWR means that company is the licensee since SLDX has nothing to do with that type of business, or SLDX stand for someelse. Does it?

see item#4:

https://www.otcmarkets.com/filing/html?id=18269138&guid=HXV-ketBNH2jdth#bzwr_ex991_htm

Am I looking at this wrong?

Did Plaid become Business Warror's licensee? Inquiring minds would very much like to know. We do know that the two have "partnered".

Yeah. I get that. I had to dumb it down for myself.

"Lifeline" is a good word for it.

I don't think BZWR could exist much longer without it. Besides that, it is strong enough potentially that BZWR is still interested in bringing SEC filings up to date and keeping their common shares alive.

The licensee is still unnamed in the new filing, but they obviously believe that the lending software PayPlan has considerable value. I think that BZWR stock may never recover, but no point in selling it now. Who knows? There may be a spike in the unlikely event that BZWR leaves the exclusive domain of the "Experts".

I believe that was known on 4/2/2025. See posts 5481 and 5,480.

I re-read the February filling. My interpretation is the other party is going to be paying their (BW) employee salaries in addition to 30% of the revenue generated. So they (BW) “can focus on making Payplan profitable and getting back in compliance”. Is that right? Sounds like quite a lifeline.

BZWR finally filed their 5/31/2024 financials. Actually not that bad.It could have been worse. Just a note, this is as of 5/31/2024, so current financials may be better.

Stockholders deficit increased 1,6 million now( $11.2) million vs ($9.6) miliion from 2/29/2024 QTR TO QTR..
Loss fron operations were better. Losses were less by $34 thousand from 2.29/2024 QTR TO QTR.
Sales were down appox. $100 thousand from 2/29/2024. QTR TO QTR. Not too bad.

Another lawsuit, small but settled--BZWR has to pay $72,186 plus legal fees

"On April 5, 2024, American Express Travel Related Services Company, Inc. filed a lawsuit against Business Warrior Corporation for breach of a commercial credit agreement seeking judgment for the sum of $72,186 plus legal fees. Business Warrior Corporation is working to settle this case and expect to pay the full amount extended over multiple years to minimize the monthly cash flow required"


"the Company had two customers representing 37% and one customer representing 14% of total revenue for the period"

So they had 3 customers representing 51% of the revenues.

Next financial will be the year end 8/31/2024.

LMAO!


That has to be the funniest post i've seen in years.

BZWR closed at 5 tenths of a tenth of a penny and is in Expert Market. They will never get out of the Expert market until they disolve the company. BZWR was up 1 tenth of a tenth of a penny the smallest the stock can change and has no meaning in the Expert Market.

You are in a fantasy land!

Whoa!
Big jump…here we go. I bet it’s just a matter of time.

Plaid Parther Directory lists Alchemy on their website. https://plaid.com/partner-directory/. If you click on the Alchemy 'CREDIT' link there, it will take you to a Business Warrior webpage.

For whatever it’s worth

It is not worth anything. Just for show.

Real world.

BZWR is never going to amount to anything- facts are facts..4 quarters (including a year end) are in arrears.Includes Feb.'25 that will be in arreas in a couple of days.Not even in control of their customer base.


They have an insolvent Balance sheet, minimal cash, minimal sales, no communication to sharesholders what so ever. All signs of a failing company.

For whatever it’s worth…I visited their website this week and it’s definitely more streamlined and steers people towards PayPlan. My impression prior was that the website (and company) was pretty random and it was hard to determine exactly what they were offering. For better or worse…it’s pretty clear the goals (and apparently the future) of the company are resting on the success (or not) of PayPlan.

I’m in on the dream. At least they keep fighting and are being creative about ways to become successful/survive? I gotta give them that.

It’s really a sale of BZWR’s whole activity, the more that I think about it—but not quite

…the Licensee will assume Business Warrior’s current customers and pay Business Warrior a license fee equal to Business Warriors employee and technology costs plus 30% of the Licensee’s Net Margin…

So, the licensee is taking over the customer base and paying for the software support staff at least, and maybe even managerial salaries. “Technology costs” could be most of the rest of BZWR’s overhead. This could make BZWR basically a holding company, now owning just their subsidiary advertising company and also owning their software licensing action. I would not be surprised if they try to sell the advertising company.

So, the dream is that this may work. I would buy another million shares for $400 at $0.0004 per share, but the experts have that locked up. You know, $400 is not big money anymore.

Here’s a fact:

Under the terms of the Agreement, the Licensee will assume Business Warrior’s current customers and pay Business Warrior a license fee equal to Business Warriors employee and technology costs plus 30% of the Licensee’s Net Margin derived from the Licensed Products each month. Business Warrior also received an initial fee of $200,000.

BZWR’s marketing failed, so they now have a licensee doing it. I have wondered all along whether what was Timothy Li’s software now called PayPlan is actually genius or not. If the licensee is a successful marketer, I guess we will find out. If sales take off, stockholders in BZWR may still lose because of some future restructure or deal. But, company was still operating as 2025 began.

Again. LMAO.

What ever happened to this, changed your mind?



Hoosier

Thursday, June 06, 2024 10:00:51 PM
Post# of 5474
man, just nothing happening (other than the blog post..). so weird.
think they have moved on/given up?
how do we know when the company is defunct?
we are now in the dreaded "triips" correct.
in my (albeit limited) experience that is basically the death knoll.
BZWR

Hoosier

Re: None

Friday, March 29, 2024 5:53:19 PM
Post# of 5474
who the heck bought? i'm confused why someone would buy? what am I missing? assuming it will jump slightly if/when gets back on the pinks? shave a bit off the top then?

Hoosier

Wednesday, February 28, 2024 8:47:40 PM
Post# of 5474
I'm not sure how this "merger" could be of any benefit to BZWR.

I get more of a penny junk stock vibe from IPSI

(dragging out investors with "deals" and spitting out
more shares, reverse split(s), while the exec(s) pull in a salary...but nothing business wise ever really happens) seems like a great business
model...work from home...all done from a website and post office...slap on the wrist from the SEC if caught (gotta get a real job for a year two
while the ban plays out)

IPSI from the short little dive I took into it looks like its been doing
similar type things "acquisitions" for a few years...but never getting anywhere.

Had higher hopes for BZWR than this...seemed like a real company two or so years ago when i bought in.

Hoosier


Wednesday, December 20, 2023 10:01:53 PM
Post# of 5474
I don’t understand why it’s so hard to get “financials” out on time? It’s not a big company. If the accountant sucks why not just get a new one…or pull an all nighter yourself to get them done





Virus-free.www.avast.com

Always makes me laugh when someone questions why someone is posting. Apparently, they think you have to own a stock to post. Too funny.

BTW, I sold all of my shares. do not own any now.

I guess “we” would be me and bob4uall since you sold most of your shares when it was high. Not sure why you hang around if that’s the case…my guess is you cling on to a little hope like the rest of us that something good will happen for whatever remaining shares you have.

LMAO.

Your dreaming, i post facts.

By the way who is we?

Should we take down this board since the company is “finished” and we are all dreaming?

LOL

Chose a bad accounting firm??

BZWR is done as a company face it. Stop dreaming.

The management in BZWR have no idea about running a company.

They chose them because they were cheap without doing research.By the way the previous accounting firm dropped BZWR as a client. They also bought a company without doing an audit first and tuns out the company they bought had fraudulent statements that caused the company to write off millions and millions of dollars. Hired one of the top people in an aquired company that later was found to have embezelled money from that company, All previous products they had failed. They issued A1 shares to friends and family (IMO unethical but not illegal). The CEO has mislead shareholders for years.

BZWR is nothing but a company that stays in business solely for the executives to get paid. Apparently they have just enough revenues to do that or maybe increased their borrowing, however who knows not a word from management in 4 or 5 months.

They have been in the expert market for about a year and shows no signs out leaving anytime soon.

Not a chance in the world any current stockholer will ever come close to make money or ever recoup their cost in BZWR.

Wish I knew what that filling meant
I mean … my interpretation is they chose a bad accounting firm….wether intentionally or not I guess would be a key question.

HMMM Just the facts. Maybe the reason for the long long wait for the delinquent filings:
Very possible this is the reason. No way it takes over 3 months to file a delinquent filing for this size company.

BZWR
Business Warrior Corporation
Common Stock

Expert Market
Delinquent SEC Reporting IconDelinquent SEC Reporting
Transfer Agent Verified IconTransfer Agent Verified
Prohibited Service Provider IconProhibited Service Provider




Prohibited Service Provider

The Prohibited Service Provider List includes attorneys, accountants, auditors, investor relations firms and other service providers that have been convicted of criminal activity, are subject to an SEC or Penny Stock bar, or OTC Markets Group has determined that it cannot rely on their work. Attorneys that appear on this list may not provide Attorney Letters with respect to Current Information pursuant to OTC Markets Attorney Letter Guidelines.


Link:

https://www.otcmarkets.com/stock/BZWR/overview

At least something is happening

Too funny. Fantasy.

Nothing is happening. Look how many partners they announced before and they went way down hill.

They cannot even file a financial statement. Willing to bet the reason is they do not have any money to pay the auditors. When they are able to scrape up the funds the statements will be filed. It's been 3 months since they filed the last statement.Doesn't take 3 months to prepare financials for this size company.

By the way BZWR has no future and the money is lost.

If they ever get out of the Expert Market, the ifirst thing they will do is a reverse split. You can count on that.

At least something is happening
That would be cool if it was Plaid
Sounds like a big company
Thanks for continuing to investigate
I gave up there for awhile assuming my money was gone
Maybe we will get lucky
I have a hard time getting too upset at a small company for lack of transparency/reporting because I’m so distracted with the lack of transparency with our big company (government) right now…doge

Expert invested 20 cents to get 500 shares I guess and raised the share price from $0.0003 to $0.0004 today so far. I think we could safely say that BZWR's great start for 2025 and new partner has generated very little enthusiasm.

Classic BZWR.

BZWR filed an 8-K on 3/10/2025 for an event that happened on 2/14/2025. IMO a decent CEO would have filed that info in the week of 3/17/2025-3/21/2025.

Typical Rhett (CEO), takes him 3 times as long to do something and shows he has no concern for shareholders.

HAHA.

One of the funny statements by Brooks:

" Introducing new, results-driven features to help lenders profit more – Every feature we build is designed with one goal in mind: increasing lender profitability."

What? So why don't they use it , they haven't had a profit in years!! LOL.

I know they are not lenders, but they design something that help lenders increase profitabilty,

SOMETHING THEY CANNOT DO FOR THEIR OWN COMPANY!!

Another general statement with no details. Promoting BZWR as they always done. Still no one (other than insiders) know what their sales are,or what the Balance Sheet looks like,or if borrowing went up etc.

Doesn't do shareholders any good,since they cannot buy or sell shares in BZWR.

Someone asked about the status on the financials on LinkedIn and as usual no definitive answer:

Brooks response:

"On the financials, I know it’s been a wait, the team is working with the auditors and as soon as we have a firm timeline, Rhett Doolittle will share an update."

Plaid is a private company, and quite large.

The Motley Fool published an article on February 5 saying:
Visa tried to buy Plaid for $5.3 billion in 2020. It was very excited about the prospect of acquiring Plaid because it would enhance its growth by improving its fintech capabilities. However, the U.S. Justice Department blocked that deal on anticompetitive concerns.

So, that's a little about who Business Warrior is now "working together" with.

Something new: "PayPlan and Plaid working together"
from President Jonathan Brooks via LinkedIn:
We’re only a few months into the year, and PayPlan is rolling!

Just a snapshot of progress thus far
• Welcomed 3 new lenders this week
• Launched our Plaid integration
• Processing billions of data decisions per month
• Introducing new, results-driven features to help lenders profit more – Every feature we build is designed with one goal in mind: increasing lender profitability.
• Expanding our automated borrower engagement tools – From 1:1 communication to intelligent marketing automation, PayPlan is giving lenders the ability to connect with borrowers at the right time to drive higher conversions.

It’s been an incredible start to the year, but we’re just getting started. Thanks for all of the hard work - Jason Doolittle Nathan Rea Chris Noble Miriam Madava Samantha Alvarez Daniel Pena Walter Alvarado Jahangir Abdullayev Edward Rado and our full team who remain committed to making lenders successful!

So, is Plaid the licensee?

New 8-k filed today. PayPlan licensee agreement

Item 1.01 Entry into a Material Definitive Agreement.

On February 14, 2025, Business Warrior Corporation (“Business Warrior” or the “Company”) entered into an Exclusive License Agreement (the “Agreement”) with an Exclusive Licensee. (the “Licensee”), pursuant to which Business Warrior granted the Licensee the exclusive right to market, sell, and distribute the Company’s proprietary financial technology platform, PayPlan, along with associated marketing services and legacy software, within the United States.

Under the terms of the Agreement, the Licensee will assume Business Warrior’s current customers and pay Business Warrior a license fee equal to Business Warriors employee and technology costs plus 30% of the Licensee’s Net Margin derived from the Licensed Products each month. Business Warrior also received an initial fee of $200,000. The Agreement is for an initial term of twelve (12) months, with automatic renewal for up to two additional twelve-month terms unless either party provides at least sixty (60) days' notice of termination. Additionally, the Licensee has a right of first refusal for licensing opportunities outside of the United States.

This agreement will allow the Company to focus on growing revenues by scaling its PayPlan product, getting current with its financial reporting with the SEC, and achieving compliance with SEC Rule 15c2-11 to facilitate the resumption of public quotations of its securities.

Business Warrior retains ownership of all intellectual property associated with PayPlan and related products. The Agreement allows the Licensee to sublicense the Licensed Products on a Software-as-a-Service (SaaS) basis. Furthermore, the Agreement includes provisions regarding confidentiality, compliance, financial reporting, and a buyback option whereby Business Warrior may repurchase the license after six months under specified conditions.


There are more details in the filing, but I don't believe that the Licensee is disclosed there.

Just fiqured i check.

As expected still no 3rd QTR.5/31/2024 financials filed by BZWR.

Not that it would make any difference, they may be worse than the 2nd qtr IE: increase in loans, sales, realized G/L ETC.

Just as i said on 1/14/2025-- just was obvious to me.

BZWR is deliusion believing this merger will ever come to be.


So now BZWR has terminated the merger.

"On January 22, 2025 Business Warrior Corporation (“BZWR”) and Innovative Payment Solutions, Inc. (“IPSI”), mutually agreed to terminate the Agreement and Plan of Merger dated July 28, 2024, between them (the “Merger Agreement”). This decision reflects BZWR’s and IPSI’s shared understanding and agreement that discontinuing the merger is in the best interest of both parties."

Actually, this MAY be beneficial for BZWR, if they survive.



The Merger Agreement provides that it may be terminated by the mutual written consent of IPSI and Business Warrior. The termination of the Merger Agreement includes the termination of the agreements among certain stockholders of Business Warrior, including Rhett Doolittle and Jonathan Brooks, the Chief Executive Officer and President, respectively, and IPSI to vote in favor of the merger and related transactions.