Pay By Touch layoffs begin with SmartShop "originator"
A tipster tells us Gary Hawkins, "the originator and moving force for SmartShop, Pay By Touch's only successful product, has been let go." This, our source says, "would indicate that Eula Adams and company have no interest in continuing the business, but plan to close it down and sell it off." This follows news that court-appointed consultant Tom Lumsden had secured a $9 million loan in order to catch up on missed payrolls, and layoffs were to be announced this week.