Chingachgoof you really don't have a clue about high financing.
Okay let me explain what really happened.
Mint made an offer for Speed Remit (and gave a deposit plus a posion pill if they did not purchase based on financing).
Do you think the reason of the forfeiture was based on their inability to raise the 15$MM? This is what happened. During the DD process this wonderful opportunity started to point in a different direction. Then the light went on that mobile remit was the passport of the future. They had a "choice" (or made it look as if they did not have a choice because..............................[fill in the blank].
The choice was either 15$MM for yesterday's remit platform or drop this thing like a hot potato. The potato was dropped and a more advanced technology platform will soon be announced.
What is so difficult about that.
Notice how the NR stated (in a veiled manner that is was [will say no more]). You are a smart man so figure it out!