VPNSecure Cancels Lifetime Subscriptions After Acquisition
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VPNSecure's new owners, InfiniteQuant Ltd, canceled all lifetime subscriptions, citing unawareness of their existence during the acquisition. Customers received emails stating the lifetime deals were deactivated due to resource strain and lack of income from these accounts. The owners claim the acquisition was an 'asset-only deal,' excluding liabilities like existing subscriptions. As compensation, affected users are offered discounted monthly, annual, or three-year subscriptions until May 31st.
VPNSecure's new owners, InfiniteQuant Ltd, canceled all lifetime subscriptions, citing unawareness of their existence during the acquisition. Customers received emails stating the lifetime deals were deactivated due to resource strain and lack of income from these accounts. The owners claim the acquisition was an 'asset-only deal,' excluding liabilities like existing subscriptions. As compensation, affected users are offered discounted monthly, annual, or three-year subscriptions until May 31st.
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