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this post was submitted on 14 May 2025
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They purchasing company reviewed the previous years worth of sales. Part of due diligence is that the seller should have informed the new buyers of the lifetime subscribers, which they almost certainly hid on purpose, illegally (at least illegal in many countries). Even moreso considering that all the lifetime subscriptions were sold third party instead of directly.
The stacksocial deal is still online and appears on the second page with a google search (for me at least) with keyword "vpnsecure".
https://www.stacksocial.com/sales/vpn-secure-online-privacy-subscriptions
There's no way they didn't perform a single search for the company name and go through a few pages.
They also say they didn't inherit the user payment contracts but refute themselves saying they continued providing service to users for 2 years. How do they continue user accounts when they didn't inherit those contracts? Shouldn't they have started with a new user db right away?
Seems to me they knew, and wanted to drop the baggage with little backlash, which didn't turn out as well as they thought.