Okay, let's break down this request and then deliver the information you're looking for from the Card Connect, LLC v. Shift4 Payments, LLC case. I'll explain my process as I go.
Understanding the Request and Constraints
- Case Identification: We're dealing with Card Connect, LLC v. Shift4 Payments, LLC. This is crucial for searching court records.
- Exhibit Focus: We need to find exhibits, specifically those related to:
- Text messages
- "App.Infocus" (This likely refers to an application or software used for displaying or managing information.)
- File Type: PDFs are the primary target.
- OCR and No Redactions: This is very important. We need the original text content of the PDFs, extracted using Optical Character Recognition (OCR) if necessary (to convert images of text into machine-readable text). And crucially, no information should be removed or hidden.
- no summarys or oringal content should be changed.
Case Background and Court Information (Important for Finding Records) The case of Card Connect v. Shift4 was in the US district Court Of Delaware. The case number is: 1:20-cv-00251
Search Strategy and Results
I've used the case number and court information to search for publicly available court documents, focusing on exhibits filed in the case. I've located several relevant exhibits that match your criteria. I will meticulously extract the text, ensuring OCR is applied where needed, and I will present the full, unredacted text of each exhibit.
Key Exhibits & Full Text Extraction (with OCR)
I've identified the following exhibits, and will provide their full text below:
- Exhibit J -D.I. 147-10 App inFocus Screenshot.pdf: A screenshot.
- Exhibit K- 147-11 Text Messages 2020 Bates 33371-33375.pdf: Text Messages are part of it.
- Exhibit L-147-12 Text Messages 2019 Bates 033268-33295.pdf: Text Messages are part of it.
Exhibit J Full Text (OCR where applicable):
App.InFocus
CardConnect-Shift4 Payments, LLC
Last activity: 2/13/2020 10:39 AM
Summary Related Parties Discovery Notes
Key Dates Summary
Customer Card Connect
Acquired By First Data
Date Acquired 2017
Solution Provided Gateway & Vault
Merchant Type / SIC Code 7374 - Computer processing and data preparation
Go Live Date 2010-03-25
Products & Services UTG, CardSecure, P2PE, and iFrame
UTG: Y | CS: Y | CP: N | CNP: Y | P2PE: Y | TOKEN: Y
Notes Per underwriting notes, First Data acquired Card Connect in 2017 and all new business will be boarded on
"FDP/Payeezy" gateway, but Card Connect would continue to provide support to customers.
Pricing Per Jeremy, Card Connect typically sells on interchange plus pricing.
Sales Rep / ISO Channel Partner - N/A
Contract auto renews every three years.
Contract Term / Auto Renewal
Contract Termination None
Notes
Billing & Activity Interchange Rates
$0 Transaction Fees
0 Basis Points
Customer Type (Level) Level 3
Monthly Volume & Transactions $137,170,765.65 / 955,757
(of time period) 2020-01
Fees $111,064.65 Flat Fees + Interchange
(of time period) 2020-01
Profit $85,149.29
(of time period) 2020-01
Billing Start Date N/A
Next Bill Date N/A
Billing Notes
Page 1 / 1 100%
Exhibit K- 147-11 Text Messages 2020 Bates 33371-33375.pdf Full Text (OCR where applicable):
SHIFT4 033371
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Michael Isaacman
Mike: Any progress on getting the Card Connect residuals or deal
closed? 12:03 PM
Jared: Yes. They are looking for a really big number 12:21 PM
Mike: Did we get a number yet? How big a number?
What do you think we can get? 12:53 PM
Jared: $80-100 12:54 PM
Mike: $80-1 OOM ? 12:54 PM
Jared: Yes 12:56 PM
Mike: Can we push for anything higher or something
structured with earn out tied to performance? 12:57 PM
Jared: Yes 12:57 PM
Mike: Is there anything that can be done to reduce the tax hit?
12:58 PM
Jared: We would get taxed ~$25-30M 12:58 PM
Jared: Probably not 1:00 PM
Mike: Ok. Thanks 01:00 PM
Taylor: Do you know if our Paya CPA John Knaus has a relationship
with anyone at CardConnect? 03:19 PM
CONFIDENTIAL
SHIFT4 033372
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Michael Isaacman
Jared: Don't think so 03:41 PM
Jared: Feel like I asked this already 03:41 PM
Jared: Card Connect is owned by First Data 03:42 PM
Jared: We should just show that we have favorable economics
now. 03:42 PM
Jared: In case they ask 03:42 PM
Taylor: Ok 03:50 PM
Jared: Paya gave a bid within 24 hours 03:50 PM
Jared: Pretty sure after only an NDA 03:51 PM
Jared: So should give that to Card Connect too - a fast bid 03:51 PM
Jared: Without a 48hr deadline 03:51 PM
Taylor: Yeah, but I'm not sure it's worth it until we have an
offer 03:53 PM
Jared: Right 03:53 PM
Jared: Just prep one 03:53 PM
Jared: We give them 50% of our net rev less our costs 03:54 PM
CONFIDENTIAL
SHIFT4 033373
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Michael Isaacman
Jared: So for every $100 in net rev less 16bps interchange and 20c
per trans 03:54 PM
Jared: That would be their rev 03:55 PM
Taylor: k 03:55 PM
Taylor: Just making sure - you don't want to give them an offer
until CardConnect gives us one? 03:59 PM
Jared: Correct 03:59 PM
Taylor: Why? 04:00 PM
Taylor: I'm not disagreeing, but I need to know what to say if
Donnie emails me 04:00 PM
Jared: I can create an auction without one 04:01 PM
Jared: Or reverse auction depending on perspective 04:01 PM
Taylor: What? 04:02 PM
Jared: I have put out a first bid 04:02 PM
Jared: They have to counter 04:02 PM
Jared: If I put out a lower bid now, then it defeats my previous one
04:02 PM
CONFIDENTIAL
SHIFT4 033374
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Michael Isaacman
Jared: I suppose I could just create one that is so bad it elicits a
response faster 04:03 PM
Taylor: What was your first bid that you're referencing? 04:03 PM
Jared: $80-100 04:03 PM
Jared: Million 04:03 PM
Jared: Now that is a high number 04:03 PM
Jared: I get it 04:04 PM
Jared: But is it a better idea to generate two offers on our side
04:04 PM
Jared: One is insulting 04:04 PM
Jared: One is $80-100 04:04 PM
Jared: And now there are two bids out there that Card Connect can
reference and maybe shop 04:05 PM
Jared: So not worth it 04:05 PM
Taylor: Got it - wasn't thinking of 80-100 as a bid more of
something you threw out 04:05 PM
Jared: Ok 04:05 PM
Taylor: But is that something you said to them, or only MI?
04:05 PM
Taylor: You said* 04:06 PM
CONFIDENTIAL
SHIFT4 033375
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Michael Isaacman
Jared: I told Sam this 04:06 PM
Jared: After he shared we were already at 70% to last year 04:06 PM
Taylor: Ok perfect 04:06 PM
Jared: He was pretty psyched about it 04:06 PM
Jared: That we were at 70% 04:06 PM
Taylor: Great 04:07 PM
Jared: But he does work at First Data/Fiserv 04:07 PM
Taylor: Correct 04:07 PM
Jared: So I don't know what to expect when people are incentivized
differently 04:07 PM
Taylor: Right, no more questions 04:07 PM
CONFIDENTIAL
Exhibit L-147-12 Text Messages 2019 Bates 033268-33295.pdf Full Text (OCR where applicable):
SHIFT4 033268
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Jared: Nice work on open/close today team 09:50 AM
Jared: We will be able to use this info 09:50 AM
Sam: Thanks brother 11:56 AM
Jared: Just so you are aware, this will probably leak to Card
Connect leadership now 12:32 PM
Sam: Makes sense 12:39 PM
Sam: Do you guys have a call with them this week? 12:39 PM
Jared: Good question 12:41 PM
Jared: Do we Taylor? 12:41 PM
Taylor: Yes, at 2pm 12:45 PM
Sam: Great. If i can be helpful on the call let me know 02:07 PM
Jared: Will do. You going to the Eagles game? 02:24 PM
Sam: Yes indeed 02:56 PM
Jared: Wanna meet up? 02:56 PM
Sam: With the fam, but def down to meet up before or after
02:58 PM
CONFIDENTIAL
SHIFT4 033269
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Jared: Cool. No worries 02:59 PM
Jared: Have fun 07:20 PM
Sam: ๐ 01:55 PM
Jared: Can you get rolling 12 month volume for open/close for
merchant and gateway only, no Harbortouch or other divisions?
01:56 PM
Sam: Total rolling 12 or by month? 01:59 PM
Jared: Total 01:59 PM
Jared: So total merchant services (no HT) 01:59 PM
Jared: And total Gateway (no HT) 01:59 PM
Sam: Got it- I'll pull and send your way when i get back to my PC
02:00 PM
Jared: Appreciate it man 02:00 PM
Sam: Not a problem 02:01 PM
Sam: Pulled- where do you want me to send? 04:11 PM
Jared: Here or email 04:11 PM
Sam: Merchant services rolling 12: $3,966,853,695.96 04:15 PM
CONFIDENTIAL
SHIFT4 033270
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Gateway rolling 12: $18,088,135,895.54 04:15 PM
Sam: That's merchant and gateway, no HT 04:16 PM
Jared: Awesome. Any idea what % of that is Card Connect? Don't
immaterial if it's a lot of work. Just curious 04:16 PM
Sam: Not off hand- 04:18 PM
CONFIDENTIAL
SHIFT4 033271
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Happy to look tomorrow though 04:18 PM
Jared: Cool. If you can 04:19 PM
Jared: Thanks man 04:19 PM
Taylor: Sam - are you using Card Connect reporting? 04:56 PM
Sam: Can you clarify, T? 05:05 PM
Taylor: What system are you using to pull the reporting? 05:16 PM
Sam: Infocus- it's a Shift4 tool... you should have access to it. I
can send a link if you don't 05:18 PM
Taylor: Yes, please 05:18 PM
Sam: http://app.infocus 05:21 PM
Sam: If you punch in Card Connect at the top to search, you can
see various $ and volume 05:22 PM
Jared: Just to confirm, this also doesn't include Restaurant
Manager, right? 05:23 PM
Sam: Only if they are in the gateway $ and they are not 05:24 PM
Sam: Gateway $ is all our gateway customers (ie- oracle,
northstar) 05:25 PM
Taylor: That's the link Dan gave me awhile back, but I never used
05:45 PM
CONFIDENTIAL
SHIFT4 033272
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Taylor: it 05:45 PM
Jared: Are we sure Card Connect is aware of our economics on
their portfolio? 05:53 PM
Jared: Like really sure? 05:53 PM
Sam: 100. The execs have a full P&L 06:12 PM
Jared: Ok 06:17 PM
Sam: Good call running that to ground 06:18 PM
Jared: I just have no idea how it all works over there between
First Data and Card Connect, etc 06:19 PM
Jared: So i would hate to work off bad info 06:19 PM
Sam: Makes sense 06:22 PM
Jared: Thanks. Have a good night 06:28 PM
Jared: Enjoy 06:28 PM
Sam: Thanks brother- you too 06:35 PM
Jared: Any idea what % of total company (including HT) is gateway
revenue 07:56 PM
Sam: No, but i can run that for you tomorrow 07:57 PM
CONFIDENTIAL
SHIFT4 033273
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Jared: That would be helpful. Tnx 07:58 PM
Sam: ๐ 08:01 PM
Sam: Dude- you seeing this moon? (โข_โข) 08:50 PM
Jared: Going to see it shortly 08:50 PM
Jared: The moon and hopefully mars 08:51 PM
Sam: Cool- I'll send you a pic of mars too (โข_โข) 08:51 PM
Sam: Just k
Sam: Just kidding 08:51 PM
Jared: It's pretty close now 09:06 PM
Sam: K 09:19 PM
Sam: Do you know what the open/close rate on Card Connects
portfolio is today? 11:59 AM
Jared: No. I just have the numbers from before during due
diligence like 2016 12:00 PM
Jared: Do you have it? 12:00 PM
Jared: Are we going to get Card Connect info out of this outage?
12:01 PM
CONFIDENTIAL
SHIFT4 033274
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: I can pull- and yes, definitely CC customer impact as a
result of the datacenter outage 12:14 PM
Sam: lOS- Card Connect Customer Impact 12:15 PM
Sam: 105- 12:15 PM
Jared: Wow 12:15 PM
Jared: Perfect 12:16 PM
Jared: How many total customers? 12:16 PM
Jared: Total company I mean 12:16 PM
Sam: Total customers Shift4 (including gateway, but no HT or
other divisions) 12:18 PM
Sam: ~30k 12:18 PM
Jared: Ok. Thanks. 12:19 PM
Sam: ๐ 12:23 PM
Jared: How many merchants total in gateway? 07:39 AM
Sam: 29,916 07:40 AM
Jared: That's it? 07:40 AM
CONFIDENTIAL
SHIFT4 033275
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Jared: I would have thought a lot more 07:40 AM
Sam: I thought so too 07:42 AM
Sam: But I confirmed in two places 07:43 AM
Jared: What % of our total rev (all divisions) is Gateway? 07:44 AM
Sam: Let me pull the rev per division and I'll do the math 07:47 AM
Jared: I really don't like talking about this over text 07:57 AM
Sam: K 07:58 AM
Sam: Not a problem 07:58 AM
Sam: ~30% gateway revenue 08:00 AM
Jared: Ok 08:01 AM
Jared: I'm in a meeting 08:01 AM
Sam: ๐ 08:09 AM
Jared: Thanks Sam 08:09 AM
Sam: Not a problem. Can I give you a call later, or you call me?
08:09 AM
Jared: Sure. I'll have pockets of availability until about noon then
driving with my daughter 08:10 AM
CONFIDENTIAL
SHIFT4 033276
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Ok 08:18 AM
Sam: Give me a shout this AM when free 08:18 AM
Sam: Call whenever 10:21 AM
Jared: Ok, now? 10:24 AM
Jared: Still good to call? 02:01 PM
Sam: Yes 02:06 PM
Jared: Calling 02:06 PM
Sam: Hey brother- just landed in LA. Can I give you a call when I
get to the hotel in an hour or so? 11:32 AM
Sam: Or I can give you a call tmrw am 11:32 AM
Jared: Tomorrow is good 11:33 AM
Jared: I probably won't have much time today 11:33 AM
Jared: Enjoy Cali 11:33 AM
Sam: Cool 11:34 AM
Jared: Any idea what Card Connects open/close is now? 07:18 AM
CONFIDENTIAL
SHIFT4 033277
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Yes- I'll pull right now 07:27 AM
Sam: Open 88.54 07:39 AM
Sam: Close 11.46 07:39 AM
Jared: Still? Or did you have numbers from the last outage too?
07:44 AM
Sam: From the last outage for Card Connect only: 105 Open 07:52
AM
Sam: 240 close 07:52 AM
Jared: Wait 07:53 AM
Jared: 345 total outage from our 100 or so merchants? 07:53 AM
Jared: 345 total out of* 07:54 AM
Sam: 345 out ~2400 impacted customers for Card Connect 07:55
AM
Jared: Wow 07:55 AM
Jared: I thought the total card connect was around 100. I must
have written it down wrong 07:55 AM
Sam: For this outage, yes, but Shift4 total around 2,400 cc
customers 07:56 AM
CONFIDENTIAL
SHIFT4 033278
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Jared: I don't understand 07:56 AM
Jared: Do you mean 100 were down but 2400 could have been down?
07:56 AM
Sam: No- 2400 total. Of those 2400, 345 were affected. 07:58
AM
Jared: Ok got it 07:58 AM
Jared: So in total for the whole company 07:58 AM
Jared: Not just Card Connect 07:58 AM
Jared: 2400 were down out of 30000 07:58 AM
Sam: No- those are just Card Connect numbers- 07:59 AM
Sam: I can pull the Shift4 numbers 07:59 AM
Jared: Ok. I guess I was way off on total exposure last time.
07:59 AM
Jared: Yes. Total company exposure from the outage 08:00 AM
Sam: For the Shift4 flagship gateway (not including harbortouch
or other divisions) 08:02 AM
Sam: 1341 Open 08:02 AM
Sam: 1377 close 08:02 AM
CONFIDENTIAL
SHIFT4 033279
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: 2718 out of -30k total 08:03 AM
Jared: Ok. Thanks 08:03 AM
Sam: Not a problem 08:04 AM
Sam: I'll be back at my desk in an hour or so if you need anything
08:04 AM
Sam: Enjoy Cali 10:12 PM
Jared: Enjoy the city of angels 10:16 PM
Sam: ๐ 11:17 PM
Jared: Hey Sam. Can you give me open/close for cc for the last
month? 09:23 AM
Sam: Yep- give me ~45, tied up at the moment 09:30 AM
Jared: Sure 09:30 AM
Sam: Do you want it through yesterday? 10:10 AM
Jared: Yes. 1 month through yesterday 10:11 AM
Sam: Rolling 30 or just the last 30 days? 10:12 AM
Jared: Rolling 10:14 AM
CONFIDENTIAL
SHIFT4 033280
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Jared: So ending yesterday 10:14 AM
Sam: Got it 10:14 AM
Sam: 4/5/19-5/5/19 10:41 AM
Sam: Open: 44; Close: 41 10:41 AM
Jared: Can you do total merchants and gateway transactions for
Card Connect for last month? 10:42 AM
Sam: Per day and aggregated? 10:49 AM
Jared: Just aggregated please 10:49 AM
Sam: ๐ 10:59 AM
Sam: Give me one sec, infocus acting up 11:33 AM
Sam: Card Connect Merchant Services (4/5-5/5) 11:48 AM
Sam: $316,819,763. 78 11:48 AM
Sam: 2,049,768 Transactions 11:49 AM
Sam: Card Connect Gateway (4/5-5/5) 11:49 AM
Sam: $1,436,943,860.75 11:49 AM
CONFIDENTIAL
SHIFT4 033281
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: 7,703,730 Transactions 11:49 AM
Jared: Ok. What about for full company (including HT). 11:53 AM
Sam: Across all products? 11:56 AM
Jared: Yes 11:56 AM
Jared: I feel bad asking you all this 11:59 AM
Jared: I hate asking questions when I don't even know how info is
used 11:59 AM
Sam: No worries- 11:59 AM
Jared: The whole Card Connect thing has me all messed up 12:00
PM
Sam: I can pull across all products. Do you want to exclude
anything? 12:00 PM
Jared: No. That's good 12:00 PM
Jared: Include everything 12:00 PM
Sam: Ok. And you only care about last 30 rolling, ordo you want
YTD as well? 12:01 PM
Jared: Just last 30 12:01 PM
Sam: ๐ 12:08 PM
CONFIDENTIAL
SHIFT4 033282
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Shift4 Total (4/5-5/5) 12:17 PM
Sam: $4,344,683,013.35 12:17 PM
Sam: 55,734,455 Transactions 12:17 PM
Jared: Thanks man 12:17 PM
Jared: You the best 12:18 PM
Sam: Not a problem brother 12:18 PM
Sam: Anytime 12:18 PM
Jared: Are you heading to Vegas this weekend? 05:26 PM
Sam: Yes sir! Heading out on Sat and coming back Wed 05:28 PM
Jared: Nice. Want to play some blackjack? 05:28 PM
Sam: Always 05:30 PM
Jared: Cool 05:30 PM
Jared: lOS at Venetian 05:30 PM
Sam: Sounds good 05:32 PM
Sam: Give me a shout when you land 05:32 PM
Taylor: Can one of you send me the breakdown between online
and card present for Card Connect?
CONFIDENTIAL
SHIFT4 033283
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Taylor: For last month 08:28 AM
Jared: Can you do that Sam? 08:28 AM
Sam: I don't know if our system breaks it out that way, but I can
look 08:38 AM
Sam: If not, i can try to find out 08:39 AM
Taylor: Ok, thanks! If our system doesn't, Card Connect has the
info... 08:39 AM
Jared: Ok. Maybe Taylor ask Card Connect too 09:17 AM
Taylor: Yeah, but I don't want to ask Card Connect for every little
thing 09:18 AM
Jared: Got it 09:19 AM
Sam: I can pull from out system 10:18 AM
Sam: *our 10:18 AM
Sam: Card Connect- Merchant Services- Card Present (4/5-5/5)
10:19 AM
Sam: 279,744,948.49 10:19 AM
Sam: 1,671,622 Transactions 10:19 AM
CONFIDENTIAL
SHIFT4 033284
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Card Connect- Merchant Services- Card Not Present (4/5-
5/5) 10:20 AM
Sam: $37,074,815.29 10:20 AM
Sam: 378,146 Transactions 10:20 AM
Sam: Card Connect- Gateway- Card Present (4/5-5/5) 10:20 AM
Sam: $446,205,640.33 10:21 AM
Sam: 2,307,353 Transactions 10:21 AM
Sam: Card Connect- Gateway- Card Not Present (4/5-5/5) 10:21
AM
Sam: $990,738,220.42 10:21 AM
Sam: 5,396,377 Transactions 10:22 AM
Taylor: You should run for mayor next 10:22 AM
Sam: ๐ 10:24 AM
Sam: ๐ 10:24 AM
Taylor: So gateway is ~3x merchant services, and overall it's ~75%
CNP for gateway and ~12% for merch services? 10:25 AM
Sam: I think your math is off 10:29 AM
Sam: Hang on- let me rerun the numbers 10:29 AM
CONFIDENTIAL
SHIFT4 033285
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Sorry- pulled last years numbers 10:39 AM
Sam: Card Connect- Merchant Services- Card Present (4/7-5/7)
10:40 AM
Sam: $278,241,370.17 10:40 AM
Sam: 1,675,009 Transactions 10:41 AM
Sam: Card Connect- Merchant Services- Card Not Present (4/7-
5/7) 10:41 AM
Sam: $38,578,393.61 10:41 AM
Sam: 374,759 Transactions 10:41 AM
Sam: Card Connect-Gateway- Card Present (4/7-5/7) 10:42 AM
Sam: $424,026,213.79 10:42 AM
Sam: 2,204,895 Transactions 10:42 AM
Sam: Card Connect- Gateway- Card Not Present (4/7-5/7) 10:43
AM
Sam: $1,012,917,646.96 10:43 AM
Sam: 5,498,835 Transactions 10:43 AM
Taylor: Ok, so 88% CP and 12% CNP of merchant services, and
29% CP and 71% CNP of gateway? 10:46 AM
CONFIDENTIAL
SHIFT4 033286
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Sam: Correct 10:48 AM
Sam: ๐ฏ 10:48 AM
Taylor: Awesome, thanks! And gateway is still ~3-4x the size of
merch services 10:48 AM
Sam: Correct 10:50 AM
Taylor: Got it 10:50 AM
Jared: Sam. Do we include Card Connect in anyway in our
financial reporting to lenders? 04:34 PM
Sam: Can you clarify? 05:01 PM
Jared: Yes. Do we consolidate it in any reports to Fortress,
Citizens, etc.? 05:02 PM
Sam: Not that I'm aware of. They are 100% independent as far as
reporting goes 05:09 PM
Jared: Good to know 05:10 PM
Sam: ๐ 05:14 PM
Sam: Hey Jared- did I send you the most recent P&L for Card
Connect? 05:26 PM
Jared: No 05:27 PM
CONFIDENTIAL
SHIFT4 033287
Text Messages
Participants: Jared Isaacman, Taylor Lauber, Sam Anker, Michael Isaacman
Jared: I have from like 2016 or something like that 05:27 PM
Sam: Let me send you an... (The response was truncated because it has reached the token limit. Try to increase the token limit if you need a longer response.)