For Newbies THE HISTORY OF IBILL short version

**F-U-Jimmy** · 07-10-2009, 01:33 PM

Its that time again

**jmcb420** · 07-10-2009, 01:35 PM

Originally posted by F-U-Jimmy

Thanks for keeping this at the top

Huh?

ok......

**MsCheyenne** · 07-10-2009, 04:04 PM

Originally posted by baddog

Make that $33,000,550

They owe me 20k. Does anyone have copies of their sincerely worded emails about catching up payments? They came across like boyscouts. A lot of webmasters had been with them for so long that we bought it, hook - line and sinker.

Cheyenne

**roxyxxx** · 07-10-2009, 04:15 PM

Don't use ibill!

**F-U-Jimmy** · 07-10-2009, 09:02 PM

Bump time again

**STAROTICA** · 07-10-2009, 09:09 PM

I was looking for the cliff notes...but this will do!

**F-U-Jimmy** · 07-11-2009, 01:42 AM

Late night drunken bump

**sexdatesj** · 07-11-2009, 07:35 AM

iBill was my first billing company, I dumped them and moved to Epoch 2+ years before they fucked us all over!.. THANK GOD.. I SAW THE LIGHT!

I lost 10k in rebills. I WILL NEVER USE ANYONE ASSOCIATED WITH THEM!

**cherrylula** · 07-11-2009, 12:14 PM

hey look an ibill thread

**F-U-Jimmy** · 07-11-2009, 12:27 PM

Bumpy

**PPjohn** · 07-11-2009, 01:04 PM

bump thx for the post

**F-U-Jimmy** · 07-11-2009, 02:48 PM

Bump for the money

**F-U-Jimmy** · 07-11-2009, 10:32 PM

Midnight bump

**RyuLion** · 07-11-2009, 11:54 PM

Originally posted by F-U-Jimmy

Midnight bump

- Back to the Future -

**F-U-Jimmy** · 07-12-2009, 09:25 AM

Sunday bump

**MsCheyenne** · 07-12-2009, 05:49 PM

Originally posted by F-U-Jimmy

A comparatively small amount, $80,000 plus who knows how much in recurring.

About 12 months before the shit hit the fan I started warning people about IBILL and switching as many members as I could to CCBILL and Epoch. Sadly I had some affiliates that where not convinced of Ibills demise and insisted on keeping with them, hence the $80,000 loss. But this is a drop in the ocean compared to the millions lost by others, it seems IBILL persuaded them to stay by offering shares in the company promissory notes and reduced billing fees only to shit on them as well.

NewYork Daily Times published an article comparing Ibill to Enron when this was going on. It was a good read.

Cheyenne

**fatfoo** · 07-12-2009, 06:01 PM

That sucks.

**F-U-Jimmy** · 07-12-2009, 10:28 PM

Its bump time again

**Paul Markham** · 07-13-2009, 12:35 AM

I hear all the hate and bile here and fully understand it. But the question is can Ibill survive long term.

I seriously doubt if Ibill will be around for long as they will sink because of costs, whether this time they are legit or not.

They have costs to cover day after day, whether they take $10 or $10,000,000. These costs are fixed, the more they grow the more these costs grow. Though not in proportion to their revenue. However to cover those basic costs they need XXX amount of business. With their 5% charges they will need a lot more than normal.

The days of new inexperienced people running big web companies profitably are very much over. So where will the business Ibill need to cover their costs come from? Not from those who know their history I wager.

Anyone processing with them runs the risk that the incoming revenue to Ibill will not cover the outgoing costs which leads to closure and loss of the business.

**F-U-Jimmy** · 07-13-2009, 09:07 AM

Monday Bump

**F-U-Jimmy** · 07-13-2009, 03:20 PM

Monday PM bump

**F-U-Jimmy** · 07-14-2009, 08:17 AM

Tuesdays bump

**F-U-Jimmy** · 07-14-2009, 02:05 PM

Bump

**F-U-Jimmy** · 07-14-2009, 04:31 PM

Bump3

**Brad Mitchell** · 07-14-2009, 08:45 PM

Hey when if/when the current owners give up... sell me the domain name. Sure, Ibill fucked me, you, my friends, my clients. Right now all that is ancient, painful history. Lets get this 4 letter domain into some hands that can do something innovative and good in our marketplace without any association to the original debacle.

It still amazes me nobody is in prison and that the domain didn't end up in the hands of a court appointed receiver.

Brad

**F-U-Jimmy** · 07-15-2009, 08:32 AM

Wednesday Bump

**F-U-Jimmy** · 07-15-2009, 03:25 PM

pm bump

**naughtywitch** · 07-15-2009, 03:46 PM

How does something like this happen? For the ones that got out early, were there any warning signs at all?

**F-U-Jimmy** · 07-15-2009, 06:24 PM

If i remember the rot started with the web 900 fiasco then the sale of IBILL to Penthouse. Im sure others can remember more than this.

**STAROTICA** · 07-16-2009, 12:43 AM

bump!

**F-U-Jimmy** · 07-16-2009, 08:07 AM

Turdsday bump

**F-U-Jimmy** · 07-16-2009, 04:11 PM

bumpy2

**Matyko** · 07-16-2009, 09:53 PM

---> permanent sticky !

**F-U-Jimmy** · 07-16-2009, 10:20 PM

Originally posted by Matyko

---> permanent sticky !

It would save me time bumping

**RichCashOmar** · 07-17-2009, 04:18 AM

good history

**F-U-Jimmy** · 07-17-2009, 06:22 AM

Back to the top

**naughtywitch** · 07-17-2009, 01:27 PM

I'll bump for ya...

**F-U-Jimmy** · 07-17-2009, 02:40 PM

Originally posted by naughtywitch

I'll bump for ya...

Thank you

**Matyko** · 07-18-2009, 01:26 AM

Back to the top - Permanent Manual Sticky ;)

**NKYKev** · 07-18-2009, 03:57 AM

Originally posted by Paul Markham

I hear all the hate and bile here and fully understand it. But the question is can Ibill survive long term.

I seriously doubt if Ibill will be around for long as they will sink because of costs, whether this time they are legit or not.

They have costs to cover day after day, whether they take $10 or $10,000,000. These costs are fixed, the more they grow the more these costs grow. Though not in proportion to their revenue. However to cover those basic costs they need XXX amount of business. With their 5% charges they will need a lot more than normal.

The days of new inexperienced people running big web companies profitably are very much over. So where will the business Ibill need to cover their costs come from? Not from those who know their history I wager.

Anyone processing with them runs the risk that the incoming revenue to Ibill will not cover the outgoing costs which leads to closure and loss of the business.

Based on the fees posted on their web site as of now, the fee for a high risk site with sales less than 10 grand is 7.5% plus .50 a transaction.

**Nikki_Licks** · 07-18-2009, 05:49 AM

Back to the top

And

iBill

**CYF** · 07-18-2009, 03:16 PM

Back to the top

**SilentKnight** · 07-18-2009, 05:02 PM

Deserves top spot...

**F-U-Jimmy** · 07-19-2009, 10:15 AM

Sunday Bump

**MsCheyenne** · 07-19-2009, 05:19 PM

Did anyone save copies of their promises to pay? The were written with the sincerity of a boy scout.

Cheyenne

**CYF** · 07-19-2009, 11:08 PM

almost off the first page, back to the top

**F-U-Jimmy** · 07-20-2009, 07:57 AM

Mondays kick in the crutch for iBALLS

**F-U-Jimmy** · 07-20-2009, 02:07 PM

More iball crushing

**F-U-Jimmy** · 07-20-2009, 06:31 PM

BUMMMMMMMMMPY

**F-U-Jimmy** · 07-21-2009, 07:36 AM

Its that time again

For Newbies THE HISTORY OF IBILL short version

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