Secure Point Technologies Inc (fka IMSCQ)

[satelliteguy]

DMRJ has had a bigger position in IMSC than it wanted, for a much longer time period than it had originally anticipated. Even though they have been selling stock on an ongoing basis to keep their position somewhat manageable, this was an opportunity to take a big chunk of money off the table and reduce their risk - hard to resist.

Without the subordination, the new people would not have done the deal. Simple as that. DMRJ probably had the opportunity to restructure their own deal if they had wanted to, but this allows them to diversify. When we see who the new people are, we'll know if there is some benefit to IMSC other than just getting their cash.