SP1 0.00% $1.07 southern cross payments ltd

iSignthis shareholder dispute triggered by software issues, page-3

  1. 7,509 Posts.
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    Article is pretty insignificant.

    1. ISX had some issues with it's tech back in 2014 (big surprise a new tech company has teething issues)
    2. Edmonds company who had some sort of distribution agreement in asia withheld $250k in license fees until it was fixed
    3. ISX said how about we give you some shares as compensation
    4. Gets fixed, ISX gives him shares upon IPO
    5. Edmonds entity breached some conditions by moving shares around, lost their performance rights
    6. Edmonds pissed because they are worth a fortune now

    ISX works as intended today, edmonds is trying everything he can to get those performance shares.

    That's really everything.

    Feeling pretty confident with my position if that's the crux of it.
 
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