Thank you for the explanation, I understand now. As I said, I'm too mad about this whole thing to think straight.
So they are paying EU because that money isn't effected by FirstData. Which means the only monies they have paid which were effected by FD is the revshare checks they cut for September, correct?
So when they stated they were borrowing money to pay off their customers and then sent out checks right after that, they only acquired enough to pay out those revshare checks? I think my problem is that I was assuming they borrowed money to pay EU at that time also, so it skewed things in my mind.
I don't know about the rest, but right now, they owe US master account holders for our reserve check from September 30th, our regular check on October 1st, and now our regular check on October 15th.
And still no news regarding the "alternate" to this merchant account "option". There's no way we are signing up for this "Direct" method.
I apologize for my outburst, but my patience for this is as thin as it can be without being non-existant.
