Image Protect, Inc. has announced the successful completion of a change in control transaction, with MJW Capital Funding LLC acquiring all Preferred Series A shares in a private deal. This transaction, which followed thorough due diligence and adherence to regulatory requirements, signifies a new chapter for Image Protect and its subsidiaries, Review Control and 2CentTexts.com. Michael J. Walsh, managing MJW Capital Funding LLC, brings a wealth of financial expertise to the table, having worked with notable institutions such as Merrill Lynch and Schafer Cullen Capital Management.
The acquisition is expected to facilitate initial capital funding for Image Protect's subsidiaries, enabling them to further develop their innovative services. Walsh highlighted the efficiency of the transaction's completion, while former shareholder James A. Ballas projected 2025 as a transformative year for the company. Image Protect continues to dedicate itself to revolutionizing online reputation management and text marketing services, targeting the vast market of over 30 million U.S. businesses.
With the submission of all required change in control documentation to OTCMarkets.com, Image Protect ensures transparency and compliance in its financial reporting. The involvement of Walsh, known for his investment acumen and operational expertise, is anticipated to drive the company's growth in the competitive digital business services sector. Review Control offers businesses a subscription-based platform to enhance their online presence, starting at $59 per month, while 2CentTexts.com specializes in text marketing to boost customer engagement.
This strategic move underscores Image Protect's ambition to lead in innovation and expand its footprint in the digital services industry, leveraging the expertise of its new leadership to explore new opportunities and markets.
