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Originally Posted by Webby
Tony404:
I don't have a quiet place to sit and think - I just deal in facts which are mainly public record, some background and the fact that iBill lie, avoid stating facts and owe funds.
The day a liquidator steps in there is the day everything is sealed. From even the little I know, there is also a fair prospect of opening up the playing field to other related businesses and an investigation into the history of iBill.
During that time, no one will be getting paid and all assets with eventually be split up and apportioned among the creditors.
If you are thinking of iBill competitors - they did not lie and do not avoid paying their clients. iBill did.
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Avoid paying clients they didnt have the money, now they are trying to correct that. Is it more fun to focus on the negative and what does not lying and paying their clients have to do with benefiting from ibill demise. Business 101 3 competitors goes to two competitors the two left standing benefit.