Secure Point Technologies Inc (fka IMSCQ)

[Nowak488]

There is public information out there of their extortion attempts. They tried to do it with another company and the management of that company stood up to them and released their emails publicly. These are not good people.

To answer your question...we got the TSA order a month before we were due to pay them. Then the Morpho protest happened. If we went looking for new financing during that time period, we wouldn't have gotten it until the protest ran its course - which would have allowed DM to let our agreement expire and call in the debt.

Kick the CEO out and put your guy in as CEO. After that, the will to look for additional lending goes away.

They spent 8 months looking for something better and all they could come up with was Zapata - a deal heavily connected to PP.