John Rogers's Pay By Touch finally falls apartHere's John Rogers. He's morally and financially bankrupt. He's a once-convicted felon with addiction problems and a taste for threatening strangers and lovers. And his dream is dead.

Solidus Networks, which does business as Pay By Touch, sold its two "noncore assets," and plans to auction the main business, the biometrics payment business, on March 14. One subsidiary, which Pay By Touch purchased for $82 million, sold for just $4.2 million. The other, bought for $30 million, went for $600,000. Now all that's left are questions.