My understanding of that section would be- - 11/09, HP loans $500k at 20% annual interest to GPSi payable weekly- etc. - 6/11 Agreement amended to eliminate all future interest payments. HP negotiates exclusive "jail merchant services business" and 1m in shares to forgo that future interest on the loan.
Does not address jail "revenue" Can be assumed there is a balance on this loan (it is a 2011 document, so until financials are updated all are just guessing) Does not include exclusivity on municipal contracts
News 
Market Data 
Discover 
