We paid $10k deposit for the HIPA software for the Integro deal. When that failed due to incomplete audit, instead of Tom sending the cash back and losing a sale I turned it into a deposit on the Guard Lite MVR. Idea was they could create a program that would allow for secure communication between guard lites programmed to each other. It's not that I don't have faith, but I told Tom I was months away from needing it as he would need one of the new guard lites to be created after the current version, to develop the software. We don't have those yet so how could it be complete if they needed one to build it? Also, without Integro's cash flow, we couldn't afford it at the time. I had assurances he could wait on payment as I told him it could be longer than 6 months. Plus my deposit isn't even noted on the bill!
Considering I introduced him to Dark Pulse and that's basically brought both of them some success without my asking for a point, or shares, etc. it seems to be a crappy way to return a favor IMO.
That's the last one - have a great weekend! I'm in the office tomorrow if there's any questions.
845-544-5112
