Into Milinx
The licence and the purchase of 1999, the CreditAssure Financial subsidiary, and the end of the Canadian application, as the documents record them.
The licence, 15 March 1999
On 15 March 1999 Milinx took an exclusive licence of the CreditAssure trademark from Credit Assure International, Inc., an affiliated company.[1][2] The licence included distribution and marketing rights for the United States and Canada.[1]
In the words of Milinx’s annual report
“Under the agreement, the Company was granted an exclusive right to use the ‘CreditAssure’ trademark and serve as its exclusive distributor and marketer in the United States and Canada.”[1]
The purchase, 15 October 1999
On 15 October 1999 Milinx acquired Credit Assure International’s assets, described as intangible property including the worldwide rights to the CreditAssure trademark.[3] The price was 50,000 common shares; the cost was expensed.[3][1]
In the words of Milinx’s quarterly report
“On October 15, 1999, the Company entered into an agreement with Credit Assure International, Inc., a company under common control, to acquire certain intangible property, including but not limited to the exclusive worldwide rights to use the ‘CreditAssure’ trademark, for consideration of 50,000 common shares.”[3]
The applications
Milinx’s filings record that it took the licence and acquired the trademark rights from Credit Assure International, Inc.[1][3] The CREDIT ASSURE applications were in Assured Card Corporation’s name, and the Canadian one was assigned directly to Milinx.[4][5]
CreditAssure Financial
Under Milinx, the name continued in a subsidiary: the Heartland release of 2 October 2000 calls it “Milinx subsidiary CreditAssure Financial, Inc.”[6] Milinx’s list of subsidiaries, filed with its annual report of November 2001, gives Credit Assure Financial (Canada) Inc., incorporated in British Columbia on 2 September 1999.[7] Maynard L. Dokken was its director, president and chief executive officer from September 2000.[7]
The Heartland alliance, 2 October 2000
On 2 October 2000 Heartland Payment Systems announced an alliance with Milinx subsidiary CreditAssure Financial, Inc.[6] The release is quoted here as it appeared on Milinx’s press page, in the capture of 21 January 2001.[6]
The release, in its own words
It was headed “Heartland Payment Systems in Alliance with Milinx Subsidiary CreditAssure”.[6]
Its subheading read “Internet Merchant account with Heartland Payment Systems now available online to e-commerce clients hosted by Milinx application service provider”.[6]
It said that through the alliance “customers of Milinx will be able to apply online for their Internet Merchant account”.[6]
Its account of the application process closed with “…applications it receives from Milinx clients through CreditAssure.”[6]
The Canadian application
The CREDIT ASSURE application in Canada was assigned from Assured Card Corporation to Milinx Business Group Inc., and the assignment was recorded on 27 December 2000.[4] The application was advertised on 25 April 2001, allowed on 12 July 2001 and abandoned on 30 January 2002.[4] The United States application stayed in Assured Card Corporation’s name until it was abandoned in 2003.[5]
Assured Card Corporation
Assured Card Corporation remained a separate company.[1][7] Milinx’s annual reports of October 2000 and November 2001 name it among the companies controlled by Maynard L. Dokken, as “currently inactive”.[1][7]
Assured Credit, the development work
By Maynard L. Dokken’s account, Assured Credit was the name of the development work: the backend and an on-site terminal that customers could use.[8] It was the advanced version of the terminal Assured Card had envisioned for applications.[8]
The record of that work is at assuredcredit.co.
What Milinx built
Milinx Business Group, Inc. was incorporated in Delaware on 10 December 1998 and began operations on 10 February 1999.[1][2]
For what Milinx built, see milinx.co.
References
Numbered in citation order; the arrows lead back to the places that cite each source. Every source is described on Sources.
- ↑ a b c d e f g h Form 10-K for the year to 30 June 2000. SEC EDGAR, CIK 1088815, accession 0001096906-00-000256, filed 13 October 2000.
- ↑ a b Form 8-K12G3/A, amendment with audited financial statements. SEC EDGAR, CIK 1088815, accession 0000950150-00-000111, filed 15 February 2000.
- ↑ a b c d Form 10-QSB for the quarter to 31 December 1999. SEC EDGAR, CIK 1088815, accession 0000891020-00-000338, filed 22 February 2000.
- ↑ a b c CREDIT ASSURE, Canadian application 894941. Canadian Intellectual Property Office, Canadian Trademarks Database, filed 29 October 1998; record read 14 November 2026.
- ↑ a b CREDIT ASSURE, US serial 75580649. USPTO, Trademark Status and Document Retrieval, filed 2 November 1998; record read 14 November 2026.
- ↑ a b c d e f g Milinx press release of 2 October 2000, “Heartland Payment Systems in Alliance with Milinx Subsidiary CreditAssure”. Internet Archive, Milinx press page, captured 21 January 2001.
- ↑ a b c d Form 10-K for the year to 30 June 2001, with Exhibit 21 (subsidiaries). SEC EDGAR, CIK 1088815, accession 0001096906-01-500480, filed 16 November 2001.
- ↑ a b Maynard L. Dokken’s account. his own account, given for this record, November 2026; not a document of the time.