Funny, when users try that explanation ("I didn't know" or "I was unaware"), they're told they should've read the multi-page lawyer-lingo EULA fine print, and dismissed. Maybe the new owners should've been more attentive.
They should be forced to honor those subscriptions by the court. When you buy a company, ignorance of what you bought and its obligations is no excuse. Sounds like the new owners wanted to change the pricing model/structure and are using this ridiculous excuse to screw their customers.
Not very professional of the new owners, I have never used VPNSecure in the past and certainly would never install it in the future.