Image Protect, Inc. has completed a change in control transaction, transferring all Preferred Series A shares in a private transaction with MJW Capital Funding LLC. The move, which follows extensive due diligence and regulatory compliance, marks a strategic shift for the company as it seeks to accelerate growth in online reputation management and text marketing.
MJW Capital Funding LLC, managed by Michael J. Walsh, acquired the outstanding shares from James A. Ballas. Walsh brings significant financial expertise, having worked with prominent institutions such as Merrill Lynch, Prudential, Paine Webber, and Oppenheimer, and holding a vice president position at Schafer Cullen Capital Management. This transaction sets the stage for initial capital funding of Image Protect's subsidiaries, Review Control and 2CentTexts.com.
Walsh expressed satisfaction with the swift completion of the transaction, while Ballas anticipates that 2025 will mark a significant transformation for the company. The leadership change is expected to inject new capital and strategic direction into Image Protect, which remains focused on its core mission of providing innovative online reputation management and text marketing services.
The company aims to capture market share among the more than 30 million U.S. businesses by offering solutions like Review Control's reputation management platform and 2CentTexts.com's targeted messaging services. Review Control, a proprietary business-to-business subscription platform, offers services starting at $59 per month to help businesses improve online reviews, search rankings, and customer attraction. Similarly, 2CentTexts.com provides text marketing capabilities to help businesses maintain customer engagement through targeted messaging.
Image Protect has uploaded all necessary change in control documentation to OTCMarkets.com, ensuring transparent financial reporting. With Walsh's investment experience and corporate operating expertise, Image Protect is positioning itself for potential growth and expansion in the digital business services landscape.
The transaction underscores Image Protect's commitment to innovation and strategic development in the evolving digital business services market. By leveraging Walsh's financial background and the company's existing platforms, Image Protect aims to strengthen its foothold in a competitive industry where businesses increasingly rely on online reputation and direct customer communication.
