Thank you Chris Mallic

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  • SleazyDream
    I'm here for SPORT
    • Jul 2001
    • 41470

    #136
    Originally posted by Brad Mitchell
    I haven't been ragging on anyone, I've been hopeful for resolution. Epassporte was NOT a bank. It was not their business to lend money. They took no real financial risk, there is no right to having any liquidity issue that would extend beyond a few months of admin or operating expense which probably could total no more than a few million excluding whatever salary or draws Chris had himself on.

    There were hundreds of millions at play here annually, my guess anyway. The judge of this situation is the grand sum of unpaid dollars when the cards are turned over. The float and money on deposit belongs to the depositors, not the money transfer service in my opinion.. at most, less some amount of real operating expenses excluding owner pay. Businesses do fail, sure, but this is a different kind of business with a unique responsibility to its customers and a fee base that was risk adverse.

    Brad
    i didn't mean you personally ragging - i meant most of the people on here in general

    totally agree - but with another separate business like a bank involved they might not be ABLE to pay out till everything is settled...
    Last edited by SleazyDream; 10-05-2010, 07:10 PM.
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    • will76
      Making $$$$ w/ ClickCash
      • May 2003
      • 18037

      #137
      Originally posted by SleazyDream
      so if the visa and remaining wallets eventually get paid out - is everyone here going to publicly apologize to Chris?

      what I saw online was the st kitts bank is activating the visa's on thursday......can anyone comment?

      Virtually any adult (or any company for that matter) can have funds frozen for any number of reasons outside of their control....I mean I understand this hurt a lot of people, but it could happen to ANY company at any time. It's a risk we all took and new when we got the epassporte card. Or is everyone here ragging on Chris saying they were too dumb to know and understand that risk when they started using it?
      keep digging, you are a pretty big guy. You still need to dig that hole deeper so you can fit yourself in it.

      The way people handle situations say at a lot about their character. If he would have been making public statements, posting here to keep people informed vs taking vacations and producing movies people would have been a lot nicer to him through this process. It's not like the guy didn't post here in the past advertising his services, he should have came back to address people, given a statement, something instead of a "fuck you, i don't care... I will let Michael take the heat."

      btw, you making posts trying to defend him just makes people hate him even more.
      Last edited by will76; 10-05-2010, 07:12 PM.
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      • will76
        Making $$$$ w/ ClickCash
        • May 2003
        • 18037

        #138
        Originally posted by SleazyDream
        maybe i'm missing something


        a brain.


        /thread
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        • marketsmart
          HOMICIDAL TROLL KILLER
          • Dec 2004
          • 20419

          #139
          Originally posted by wyldblyss
          I'm not hating on you, I'm just confused. Chris did not start epassporte for the good of the industry, he started it for the good of himself...others happen to benefit because it was a service.

          Chris did not follow the rules so the cards were deactivated. What rules he did not follow is still conjecture, but the fact is, had he kept all his ducks in a row, no one would be in this position.

          My dad used to say "a right never makes up for a wrong"
          actually, epass was started to keep charge backs % in check..

          visa goes by % of charge back transactions not $ amount...

          epass was given to chris as a settlement of him leaving/pushed out of paycom..

          chris made a lot of money with epass involvement in gaming transactions..

          how much is anyone's guess..

          the truth of this situation will come out sooner or later and regardless of how much chris has personally, i just hope that everyone that is owed money gets their money back...




          .

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          • Sly
            Let's do some business!
            • Sep 2004
            • 31375

            #140
            Originally posted by marketsmart
            actually, epass was started to keep charge backs % in check..

            visa goes by % of charge back transactions not $ amount...

            epass was given to chris as a settlement of him leaving/pushed out of paycom..

            chris made a lot of money with epass involvement in gaming transactions..

            how much is anyone's guess..

            the truth of this situation will come out sooner or later and regardless of how much chris has personally, i just hope that everyone that is owed money gets their money back...




            .
            You keep mentioning the truth about his push out from Epoch. Why not just share it?
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            • fusionx
              Confirmed User
              • Nov 2003
              • 4618

              #141
              Originally posted by stocktrader23

              I don't know anything about anyone, but this is fucking funny!

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              • wyldblyss
                Confirmed User
                • Nov 2003
                • 5779

                #142
                Originally posted by marketsmart
                actually, epass was started to keep charge backs % in check..

                visa goes by % of charge back transactions not $ amount...

                epass was given to chris as a settlement of him leaving/pushed out of paycom..

                chris made a lot of money with epass involvement in gaming transactions..

                how much is anyone's guess..

                the truth of this situation will come out sooner or later and regardless of how much chris has personally, i just hope that everyone that is owed money gets their money back...




                .
                Not everyone will get their money back. There will most certainly be remnants and I am sure they will all add up to a pretty penny. I take it you respect Chris and who am I to tell a stranger who to respect and who not to respect. I don't know the guy, but I can tell you there were a lot of people who spent a lot of sleepless nights over this. No one likes trusting, and then having that trust broken. I am not sure what happened with Chris, but according to Visa epass was not in compliance.

                I personally find it hard to feel sorry for someone that has caused so much heartache to so many people that could have been avoided if it were not for his greed (gambling, not bothering to do his due diligence, record keeping, money laundering or whatever it was). Not many people in this world have such great opportunities, and he totally blue it. Do I feel sorry for someone sitting on a beach in Cabo when people that trusted him went without food, couldn't pay their bills, had to lower their pride to borrow money from people to survive? No, I don't and I never will. Shit happens, but the measure of man is how deep in his own shit is he willing to wade to rescue those that got flooded by it. Chris didn't wade in his own shit, he took off to the beaches instead.

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                • The Porn Nerd
                  Living The Dream
                  • Jun 2009
                  • 19784

                  #143
                  Your money is still in motion...
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                  • USUALENT
                    Confirmed User
                    • Feb 2009
                    • 1888

                    #144
                    sometimes its the principle the way things are done...



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                    • Atticus
                      Confirmed User
                      • Dec 2004
                      • 1051

                      #145
                      Originally posted by fusionx
                      I don't know anything about anyone, but this is fucking funny!
                      Here ya go then...

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                      • xxweekxx
                        Confirmed User
                        • Oct 2002
                        • 6780

                        #146
                        this is a dumb thread.. thank epassporte for fucking up?? if he kept his shit straight he wouldnt have had the cards disconnected/closed..

                        there are tons of visa debit cards.. how come none of them have problems?
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                        • marketsmart
                          HOMICIDAL TROLL KILLER
                          • Dec 2004
                          • 20419

                          #147
                          Originally posted by Sly
                          You keep mentioning the truth about his push out from Epoch. Why not just share it?
                          its not my place and if i didnt have a ton of respect for joel and clay i might feel differently...

                          if someone else wants to say what that know then so be it, but as for me, i will keep to myself regarding this....






                          .

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                          • marketsmart
                            HOMICIDAL TROLL KILLER
                            • Dec 2004
                            • 20419

                            #148
                            Originally posted by wyldblyss
                            I take it you respect Chris and who am I to tell a stranger who to respect and who not to respect.
                            i do value what his business allowed me to do and i will leave it at that...

                            i will respect chris if he pays back what his company owes...

                            if he fails to pay back what he owes people then my opinion of him will be the same opinion i have towards any other scammer..

                            the dollar amount is not as important as doing the right thing...

                            chris would be crazy to fuck over so many people, but i have seen the same happen time and time again in this industry, so nothing would surprise me but i hold out hope that he will do the right thing and if he does step up to the plate then i dont think people should judge him harshly....












                            .

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                            • ffmihai
                              keep walking...
                              • Jun 2002
                              • 7177

                              #149
                              yes he spent 6-7 years in this business and then run away with peoples money. making a movie that its a lie. wtf is wrong with you man?

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                              • xNetworx
                                So Fucking What
                                • Jan 2004
                                • 14445

                                #150
                                YesSignals rules

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