Yes agreed and very well put michaelr.
I must say I find it very interesting that Bryan chose to post here that tidbit about the credit card processors, the other day. What I find interesting is that I’m wondering if Bryan was attempting to give us a clue as to why the investigation continues to drag on.
Bryan is telling us that the cc processing companies are holding millions of dollars from members payments to PIPS that were made by credit card.
According to Bryan, the cc processors have not paid one cent of that money to PIPS.
I’m wondering… is it possible that perhaps the restructured version of Picpay is actually ready but before it could be launched there has to be an official winding down of the original Picpay company?
Could it be that the winding down of Picpay is the final phase in this long, drawn out process?
However, if Picpay is liquidated (or whatever the correct term for that is) before the matter with the credit card processors has been resolved to PIPS/Bryans’ satisfaction, could that possibly result in PIPS/Picpay legally forfeiting any claim for monies owed?
Just a thought and I realize I could be way off track.