Replies to post #44921 on Secure Point Technologies Inc (fka IMSCQ)

[int10a]

And Glenn Bolduc was let go in January 2015. By that time PP's liquidity problems were clearly increasing since their troubles were happening even earlier in 2014. It adds some credence to the theory PP had a role in his dismissal, if they felt he was pursuing other financing. At that time they were converting equity to debt while the stock was above $1, making huge amounts of money on 8 cent shares, according to the equity committee's motion. They may have used proceeds from stock conversions to try and ease the developing liquidity problems they were having.