Replies to post #44194 on Secure Point Technologies Inc (fka IMSCQ)

[Nowak488]

What is the difference between paying out the bonus a month before you know you'll be filing for BK and paying it 2 weeks later?

"We need 8 million in financing to get through the next 2 months." Well that 2 million dollars + sure would come in handy right about now...

[buffalop51]

If the company is no longer paying PP, has had the biggest sales year ever to date ($54M) why do they need a freakin $8M loan and where are the checks from the $54M sales going? Last time I hear it cost $24M/year to run this company. $6M for 2 months is $36M a year. If they ain't payin PP?!

What do McGann and Liscouski think they are doing!?