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Back online after a 6 hr break...I see nothing much has changed.
Rick: We both do our homework. Admit it.
Dawgy: If your seeing strong joins past the 17th, your in luck because those are real transactions and not stand in processing. Stand In processing ended on Friday when the Judge granted a TRO to iBill. To iBill's credit I can say that the throughput we have seen with them this past year has been just GREAT. I hate telling folks about it because it makes me think everyone will pile in and screw it all up for those of us already here.
On the matter of the TRO, I find it unlikely that iBill will have the TRO lifted tommorrow. Judges are very hesitant to lift injunctions when one party would suffer tremendously and the other party would hardly suffer at all if the injunction were left in place and the matter resolved by the fact finding and negotiation process of discovery, interrogatories and possibly trial. This is especially true in cases where there is even a hint to the judge that there are serious issues in dispute and the case is not a clear cut winner for the party seeking to have the TRO removed. I believe iBill has documentation that was presented to the Judge in the matter that bolsters their argument that FDR was in agreement to allow processing through Nov 15th. In this specific case iBill would be devastated if FDR pulled all processing whereas to leave the processing in place for a few more weeks is not likely to damage FDR at all. If they lose this I would be very surprised.
My last comment here before I crash is probably going to rub folks the wrong way but wtf---its the truth . Paycom and CCBill are on the boards making supportive statements to iBill but anyone who thinks they arent licking their chops and manuevering behind the scenes through instant messaging and phonecalls to stir the fear and get more business is naive. Its happening, but they arent stupid enough to do it here.
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