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Creditors give the green light to the sale of Scytl to the Irish Paragon ^ | September 30, 2020 | Staff

Posted on 11/20/2020 5:45:20 PM PST by thecodont

The bankruptcy of the Catalan electronic voting company Scytl is approaching its outcome. The Irish group Paragon will take control of the technology company, after months of negotiations with the bank to find a solution to its liquidation, according to ARA from sources close to the operation. Yesterday was the deadline the judge had given the creditors to reach an agreement on Paragon’s proposal, which, as he advanced The vanguard, was the only offer in this phase. Scytl was dragging a debt of 75 million euros, of which creditors will end up collecting only 3 in return for the brands and licenses that will remain the buyer, say the same voices. The Irish group – which bought 80% of Service Point in 2015 – offers to collect the sum in three deferred payments in 2021, 2022 and 2023. The other option would be to collect compensation in Service Point shares.

The bankruptcy of Scytl attracted five banks (Sabadell, Santander, BBVA, Bankinter and Deutsche Bank) and a public financial institution, the Catalan Institute of Finance, which had lent funds to the compan


However, this sale is a before and after in the management of the company, one of the eternal promises of the Catalan technological ecosystem. Scytl was born in 2001 as a spin-off of the Autonomous University of Barcelona. Despite having managed to face the giant of the sector in Spain, Indra, Scytl stumbled upon the business of elections in developing countries. After some attempts to find new revenue in the elections for the private sector and make some changes at the top, Scytl filed for bankruptcy in late 2019. It has since conspired to find an investor to save the maximum the initial project.

(Excerpt) Read more at ...

TOPICS: Crime/Corruption; Foreign Affairs; Politics/Elections
KEYWORDS: 2001; 2019; 201912; bankinter; bankruptcy; bbva; deutschebank; dominion; election2020; hammer; ireland; paragon; sabadell; santander; scorecard; scytl; spain

1 posted on 11/20/2020 5:45:20 PM PST by thecodont
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To: thecodont

Globalist shell game.

2 posted on 11/20/2020 5:47:26 PM PST by Tijeras_Slim
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To: Tijeras_Slim

Who gets the assets?

3 posted on 11/20/2020 5:51:54 PM PST by ptsal (Vote R.E.D. >>>Remove Every Democrat ***)
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To: Tijeras_Slim

someone mentioned that today

there is an interesting thing that happens with penny stock pump and dumps

too complicated to go into detail but a similar shell game..with the same players deeply hidden.and sometimes same lawyers.

i always wonder who is really behind these pump and dumps that pretty much run amok. Oh sure, every so often front players get in trouble..but not the guys on the deep back end.

perhaps same or similar players do the voting machines and the pump and dumps

4 posted on 11/20/2020 5:53:38 PM PST by RummyChick
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To: RummyChick; Tijeras_Slim; All

I didn’t know Paragon was a company from Ireland but I do know many globalists have become ‘domiciled’ in Ireland.

Who owns Paragon? That would be telling.

5 posted on 11/20/2020 5:56:38 PM PST by Hostage (Article V)
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To: thecodont

@LLinWood ^ | Nov 13 2020 | Lin Wood
Lin Wood @LLinWood Biden & his criminal cronies are not going to sleep well tonight. Well, Biden might because he probably forgot the name Scytl. His co-conspirators know name well. They also know the name Paragon, company which purchased Scytl in 10/20. Every will be revealed. #FightBack Quote Tweet oriJONal @orijonal · 11h SCYTL RAID @replouiegohmert reveals US Army (CIA?) team raid on Scytl server facility in Frankfurt, Germany to recover “extremely compelling” data detailing vote switching.

6 posted on 11/20/2020 6:00:26 PM PST by piasa (Attitude adjustments offered here free of charge.)
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To: Hostage

here is a little info on doesnt answer your question

7 posted on 11/20/2020 6:01:27 PM PST by RummyChick
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To: Hostage

There is a defense contractor in Anaheim California called Power Paragon, it’s probably not related but if it is it would be interesting as the feds caught a Chinese spy connected to Power Paragon.

8 posted on 11/20/2020 6:03:02 PM PST by piasa (Attitude adjustments offered here free of charge)
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To: Hostage

Here is some of the info you are looking for...

9 posted on 11/20/2020 6:04:52 PM PST by RummyChick
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To: thecodont

They filed for bankruptcy in late 2019... other things going on in late 2019 may or may not be related:

News Summary-Intelligence Report Tuesday 12/31/2019 Newsdump New Year’s Eve
12/31/2019, 9:00:36 PM · by Nextrush · 5 replies
Nextrush Free ^ | 12/31/2019 | Nextrush/Self
Kim Jong-un speaks saying “the world will witness a new strategic weapon’ from North Korea ‘in the near future’ more later on.... Part of the alert brigade of the 82nd Airborne Division deploying to Kuwait tonight, some 750 US soldiers. More to follow in the coming days..... This after thousands of protesters in Iraq attacking and some entering the US Embassy grounds in Baghdad forcing US forces to disperse them with tear gas today. The protesters angered by the US air strikes in Iraq and Syria Sunday against an Iranian backed militia group.... Chelsea Manning, who gave Wikileaks documents on...

Chinese Company Suspected of Spying on U.S. Citizens Donates Police Drones to 22 States
4/26/2020, 11:58:59 AM · by Bruiser 10 · 51 replies
National Review ^ | 20 April 20 | Zachary Evans
Chinese company Da Jiang Innovations, the world’s largest maker of drones, has donated drones to 43 law enforcement agencies operating in 22 U.S. states to enforce social distancing rules. Police in Elizabeth, N.J., for example, are using the drones to surveil residents in places where patrol cars can’t easily reach, such as spaces between buildings and back yards. Top articles 4/5 READ MORE America Can’t Face China Alone “If these drones save one life, it is clearly worth the activity and the information that the drones are sending,” Elizabeth mayor Chris Bollwage told MSNBC. In 2017, the U.S. Department of...

10 posted on 11/20/2020 6:08:50 PM PST by piasa (Attitude adjustments offered here free of charge)
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To: piasa

Amphibious Assault Ship USS America Steaming Into South China Sea Amid Fresh Provocation By China
4/21/2020, 10:33:06 PM · by RomanSoldier19 · 64 replies ^ | 04/21/20 AT 2:31 AM | By Brittany Vincent
KEY POINTS USS America is steaming into the disputed waters where a Chinese survey ship is operating The U.S. had previously demanded that China stop its “bullying behavior” China has increase maritime activities in disputed waters amid coronavirus pandemic

US criticizes WHO for ignoring Taiwan virus warnings
4/9/2020, 3:19:33 PM · by Oldeconomybuyer · 3 replies
France24 ^ | April 9, 2020
Washington (AFP) - The United States on Thursday accused the World Health Organization of putting politics first by ignoring Taiwanese warnings over China’s coronavirus outbreak, laying out its case against the UN body. The State Department said the WHO was too late in sounding the alarm over COVID-19, showed too much deference to China and questioned why it did not pursue a lead from Taiwan. Taiwan, which has succeeded in preventing a major outbreak despite its proximity and ties to China, warned the WHO on December 31 of human-to-human transmission, Vice President Chen Chien-Jen has said. Chen, an epidemiologist, told...

Virus Outbreak: Chen reveals Taiwan’s e-mail to WHO
4/12/2020, 6:09:41 AM · by Oldeconomybuyer · 8 replies
The Taipei Times ^ | April 12, 2020 | By Lee I-chia
Minister of Health and Welfare Chen Shih-chung yesterday urged the WHO to be honest as the Central Epidemic Command Center (CECC) published the e-mail it had sent to the world body in December last year alerting it about the risk of an outbreak in China. The WHO on Friday said it received an e-mail from the Ministry of Health and Welfare on Dec. 31 last year, but added that “there was no mention in the message of human-to-human transmission.” During a news conference at the CECC in Taipei yesterday, Chen read out the Centers for Disease Control’s (CDC) e-mail to...

Pompeo Responds to Reports Democrats Secretly Met Iran’s Javad Zarif (John Kerry there, too)
2/19/2020, 8:08:40 PM · by bitt · 45 replies ^ | 2/18/2020 | Katie Pavlich
Speaking to reporters during a joint press conference with Ethiopian Foreign Minister Gedu Andargachew Tuesday, Secretary of State Mike Pompeo responded to reporting that a number of Democrat Senators secretly met with Iranian Javad Zarif during the Munich Security Conference. “I have seen that piece about some senators meeting with Foreign Minister Zarif. This guy is designated by the United States of America. He’s the foreign minister for a country that shot down a commercial airliner and has yet to turn over the black boxes. This is the foreign minister of a country that killed an American on December 27....

11 posted on 11/20/2020 6:11:52 PM PST by piasa (Attitude adjustments offered here free of charge)
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To: piasa

This company started out at Lamson, then Moore Paragon and then changed names again

Voting machines dont have a damn thing to do with their supposed company.

Perhaps they are venturing out into new fields.

there is/was a Moore Paragon in the Caribbean- if it is related

12 posted on 11/20/2020 6:14:57 PM PST by RummyChick
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To: piasa

Ex-DOJ Official Picked To Assist FISA Reform Was Ardent Defender Of FBI’s Surveillance Of Carter Page
1/12/2020, 12:42:30 AM · by bitt · 47 replies
Daily Caller ^ | 1/11/2020 | chuck ross
Former DOJ official David Kris was picked Friday to oversee the FBI’s reforms of its surveillance procedures in the wake of a damning inspector general’s report. Kris was an ardent defender of the FBI’s surveillance of Carter Page. He was also a vocal critic of Republicans who suggested the FBI misled the surveillance court in its applications to wiretap Page. In one essay, Kris endorsed a suggestion that Rep. Devin Nunes should face obstruction of justice charges. Nunes told the Daily Caller News Foundation the choice of Kris is “shocking and inexplicable.” former Justice Department official picked Friday to oversee...

Feds recommend six-month prison term for Michael Flynn
1/7/2020, 2:07:12 PM · by yesthatjallen · 32 replies
The Hill ^ | 01 07 2020 | Harper Neidig
The Justice Department is recommending that former National Security adviser Michael Flynn be sentenced to up to six months in prison for lying to the FBI, telling a court that the former Trump adviser has been uncooperative in recent months. “The sentence should adequately deter the defendant from violating the law, and to promote respect for the law,” the Justice Department wrote in a sentencing memo Tuesday. “It is clear that the defendant has not learned his lesson. He has behaved as though the law does not apply to him, and as if there are no consequences for his actions.”...

Iranian Militia Leader Leading Iraq U.S. Embassy Raid Listed As Obama White House Guest
12/31/2019, 4:14:41 PM · by blam · 50 replies
Breitbart ^ | 12-31-2019 | Lucas Nolan
Iranian militia leader Hadi al-Amiri, one of several identified as leading an attack on the U.S. embassy in Baghdad on Tuesday, reportedly visited the White House in 2011 during the presidency of Barack Obama. On Tuesday, a mob in Baghdad attacked the U.S. embassy in retaliation against last weekend’s U.S. airstrikes against the Iran-backed Shiite militia Kataib Hezbollah (KH), responsible for killing an American civilian contractor. KH is one of a number of pro-Iran militias that make up the Popular Mobilization Forces (PMF/PMU), which legally became a wing of the Iraqi military after fighting the Sunni Islamic State terrorist group....

13 posted on 11/20/2020 6:18:14 PM PST by piasa (Attitude adjustments offered here free of charge)
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To: piasa

“The Irish group – which bought 80% of Service Point in 2015”

“The bankruptcy of Scytl attracted five banks (Sabadell,” etc

6 Oct 2017: Fox: AP: Q&A: What companies’ departure from Catalonia means
Those that have already decided to move their official base are ***Banco Sabadell, Spain’s fifth-largest bank by assets, textiles maker Dogi, reprographics company ***Service Point Solutions etc...
The companies are moving only the official address of their legal residence...

22 Oct 2020: Scytl: Service Point Solutions, part of Paragon Group, announces the acquisition of Scytl, the Barcelona based company leader in digital voting and electoral modernization
Service Point Solutions, a company quoted in the Spanish Stock Exchange and part of Paragon group, announced today the acquisition of Scytl, a Barcelona based company leader in digital voting and electoral modernization. The acquisition also includes Civiciti, the citizen participation platform launched by the software company in 2016, and Scytl subsidiaries in USA, Canada, Australia, France and Greece. This acquisition unveils Paragon’s group strategy to position Service Point Solutions as a pan-european platform for high-growth digital business...

Mr. Laurent Salmon, President of Service Point Solutions and Paragon Group’s CFO, commented “we are delighted to have acquired Scytl’s businesses and we are pleased to see that this transaction will expand the offerings that both companies provide to their clients.” Mr. Salmon continued, “we welcome the Scytl team to Paragon, and look forward to the value and expertise they will add to our full-service range of leading technology and solutions for our clients. “...

Paragon Group Europe: Our leadership team

a bit spook-y.

14 posted on 11/20/2020 7:35:20 PM PST by MAGAthon
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To: MAGAthon

12 March 2019: CBR Online: Critical Weakness Could Allow “Undetectable Vote Manipulation” on Swiss e-Voting System
by Ed Target
Flaw had been found in 2017 but not fixed…
Cryptographic flaws in an electronic voting system proposed for use in Switzerland would allow “undetectable vote manipulation”, security researchers concluded today.

Sarah Jamie Lewis, Olivier Pereira and Vanessa Teague found that the proposed Swiss e-voting system (built by Barcelona-headquarted Scytl) was open to manipulation owing to weaknesses in how encrypted electronic votes are “shuffled” to protect voter privacy.
The vulnerability could, in the worst case, allow “massive and centralized election fraud” cryptography expert Matthew Green noted...

Bizarrely, SwissPost, which was hoping to support elections across the country using the system, said the error was already identified in 2017.
“However, the correction was not made in full by the technology partner Scytl, which is responsible for the source code. Swiss Post regrets this and has asked Scytl to make the correction in full immediately which they have now done.”

Computer Business Review has called and emailed Scytl requesting an explanation. Scytl’s existing systems have been used to manage over 100,000 electoral events electronically across more than 20 countries, including the USA, Mexico, France, Norway, Switzerland, Austria, BiH and India, the company says...

The system tested also assumes a benign actor on the server side of the system, meaning an authority administrating (or a hacker penetrating) one of the system’s servers could manipulate votes whilst maintaining a clean audit trail.

Their paper, “the use of trapdoor commitments in Bayer-Forth proofs and the implications for the verfiability of the Scytl-SwissPost Internet Voting System” concluded: “A malicious administrator or software provider… could manipulate votes but produce a proof transcript that passes verification.”...

15 Nov: American Thinker: What’s Kraken?
By Clarice Feldman
Well, Scytl used to be based in Spain, with offices in Frankfurt and Barcelona, but it went bankrupt and this October was purchased by an Irish company, Paragon...

Before declaring bankruptcy, it botched elections in 2018 in New South Wales (Australia), in Ecuador in 2014, in 2011 in Norway, and in 2015 in Switzerland before bankruptcy and a sale to Paragon last month...

Would seizing the Scytl computers be the only way to establish vote tally manipulation?

I don’t think so. For one thing, Dominion stores its data on Amazon cloud, and federal law enforcement could get access to it. The Utah Data Center which, among other things, stores data relating to cybersecurity, can and does process, “all forms of communication, including the complete documents of private emails, cell phone calls, and Internet searches.”
It could have picked up odd happenings between the overseas offices of the big electronic election services. All the ways the data could be accessed is, frankly, a topic beyond my ken...

Are Trump’s lawyers onto something big or not? We’ll have to see. In April of last year, Democratic congressman Raskin, while challenging private voting systems companies, said, “To say that they don’t have any evidence of any wrongdoing is not to say that nothing untoward happened,” Raskin said. “It’s simply to say that we don’t have the evidence of it.”
I wonder if he’d say that today?

15 posted on 11/20/2020 7:36:27 PM PST by MAGAthon
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