GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Too Much Media Acquires Equity Stake in Segregated Payments Ltd.

Gerco · 12-13-2007, 12:14 PM

Quote:

Originally Posted by PBucksJohn

I don't think Ronin's comments were directed at you. You present your points professionally and have a reason to make them. I do understand your point and as I have said I expect you to be cautious if you were screwed by iBill, you'd be wrong if you weren't.

You really summed up one of the main problems with this whole situation in your post. You're taking information you heard from people who have no clue about the situation, just some anger and hatred, and taking it as fact. This industry has a lot of people who think its ok to push people's buttons, trash people, make up rumors, etc. just for fun. Then people take what they say and run with it.

Cathy took no where near $250k as CEO of iBill. Her compensation was much lower than that and she has said many times she would gladly give all of it back if it would make people realize she wasn't there to profit off their losses. Would that really make you feel better if she did so?

Thank you for the kind words also. We're all here to build something good for this industry and we understood going in that some people would have a problem with it because of what happened at iBill. We wouldn't have done the deal if we weren't confident that over time people would realize who the good & bad people at iBill were. We know that will take some time, and that is only fair to those who suffered losses.

Yes, I know that a lot of what people are saying is based on hearsay. That is mainly because of all the misinformation we have been feed over the years with this issue. I have never seen anything from the Ex CEO's of Ibill that clearly states anything. So as a group of webmasters we are left to the information that IS out there.. the press releases, the personal dealings and the losses. It's very true that there is information out there that is incorrect, All I'm asking is for it to BE corrected. I really still would like to see Cathy make an actual written statement with the facts in her own words. I really don't see why that's asking to much.

The sad thing... The loss I took from Ibill was one of the direct reasons I couldn't buy NATS at the time. Yes there where some other issues, mostly related to my technical inexperience, But the money crunch that the Ibill issue put me into was what ultimately ended that whole project.