From what i have seen the probanx scandal is fresh and unrelated to perf shares.
ISX could still come out ok from that if those probanx clients are small in terms of revenue contribution and they are shown the door now that we are aware what types of shops they are running, or worse that they (the dodgy customers) are illegal companies created in Gambia.. As long as we still have a strong book if quality clients bringing in the bulk of our revenue.
All of this new probanx scandal was purchased by ISX (about 11 months ago) after the perf milestones were hit so management could just have not uncovered some of these links when completing their DD
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held