While our business has experienced rapid growth over the last year, our effort to secure additional capital to finance the growth has been a challenge, resulting in reduced margins and losses. As one of the pioneers of the secondary gift card industry, it breaks my heart to see a business I have worked so tirelessly to build over the last 8 years come to a sudden end, with payments owed to customers like you. I sincerely regret this outcome and any possible impact to you. Without access to our operating account, we had no choice but to shut down. With that judgment, they placed a hold on our business bank account, depleting all the funds in our account. Our company was forced to shut down last week when a lender to the company (with whom we have been trying to negotiate a temporary forbearance) went to court and got a judgment against our company. Unfortunately, I regret to inform you that has closed down effective July 15, 2016. JTo our Customers: You are receiving this letter because you sold gift cards to recently and are awaiting payments on those gift cards. After 2 months of trying to get paid for a gift card I sent.
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