November 13, 2024
Loading...
You are here:  Home  >  Latest news  >  Current Article

Merger of San Luis Obispo tech companies soured by lawsuit

IN THIS ARTICLE

Founder of San Luis Obispo-based TechXpress Bryan Sarlitt sued SpendSmart Networks for allegedly not paying more than $400,000 owed in consulting fees, late dues and penalties. SpendSmart Networks, the publicly traded parent of SMS Masterminds, announced plans to acquire the e-commerce division of TechXpress in 2014 for $1.2 million in a stock-and-cash deal. SpendSmart is…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.