I agree. The money is coming in the form of a pp not a secured debenture so they are just as screwed as we are if this thing tanks.. Also, one of the conditions is that we get the deal for Poynt done. In essence closing the deal places more debt onto the company with only a small amount of revenue from Poynt. I think it works out to 70k/month.

"Sprylogics shall make a payment to the Vendors on closing which

        will represent the operational expenses of Poynt from March 1,
        2013, to be offset against revenues for the same period, and
        subject to adjustment post-closing.  This payment is expected
        to be approximately $350,000 on closing (which includes
        management expenses paid to representatives of the Vendors for
        managing Poynt during the period), but this amount will likely
        be offset post-closing by revenues of Poynt which were earned
        during the period and are expected to be collected post-closing
        by Sprylogics.

Anyone call Beacon securities and have a pp package sent out?