My
As most of us already know, there were a handful of companies that were served at Internext by the Feds/DOJ (be it who it may) for allegations surrounding viotations of the CANSPAM act.
Here is something on my mind, that I though I would open up for discussion. Spammers are one thing, but lets talk 2257 compliance. No person of company to my knowledge (please correct me if I'm wrong) or any stature in this industry has been popped for non-compliance.
Imagine what happens when lets say an average pay-site based program does get nailed in non-compliance. Hypothetically speaking lets say this is the case:
Company Name: Porn Company, Inc.
Monthly Revenues: $1,000,000.00
Program: 20 Sites, 30 PPS, 50/50 Rev Share
Affiliates: 4,000
Monthly Payout: $850,000.00
(This is all made up, so all the haters and idiots.....well, you know....read the top of this page)
Any company (keyword COMPANY) running a program with even one section not in compliance could be shut down virtually overnight. This means no payouts, pissed off affiliates, and court battles that could last years. People (and by this I mean webmasters alike) are pissed now about things like iBill? Just wait until the Feds and Department of Justice get the need to scratch that itch that is 2257 compliance.
Think of the utter destruction it could do to this indusrty overnight. Feds don't "ask" companies to take down the one site that was not in compliance, they shut down everything. Everything. That means bank accounts too. And if the sites aren't up, members are sure as hell gonna bail like rats off a sinking ship.
just my thoughts (sorry about the spelling errors, my eyes are tired)
iBanker