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Old 01-07-2005, 09:09 PM  
Webby
Too lazy to set a custom title
 
Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
tony404:

Quote:
Everything on a board is not gospel, there are people that will benefit if ibill goes under and I think they are trying to speed up the process.
Curious Tony... who would benefit if iBill goes under? Any pending court action would be nulled and assuming it was not a matter of bankruptcy protection under some chapter whatever, - apart from iBill owners dumping the problem on to a liquidator, - they are the only one's to gain, - though they will have lost the share value - but that is cheap in comparison to the debt.

If there is a liquidation we then have the prospect of First Data and any remaining funds being put into a pot and used, not only to split up among webmasters, but also all other iBill creditors - there are plenty of them!

Who gains out of that?
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Last edited by Webby; 01-07-2005 at 09:11 PM..
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