GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Is it worth pursuing claims against IBILL?

elric · 02-02-2005, 12:47 PM

So from the recent news it looks like IBD has now acquired IBILL. From what I can gather they paid with 49% of IBD in a transaction valued at "$33 million" I think based on the value of IBD stock. Who knows if that number has any bearing in reality, but it's a lot of money.

According to some articles, IBILL was billing $280 million a month.

So it seems like there should be money in there somewhere to pay people who are still owed, right? I mean how much can they owe webmasters? $1 million? $5 million?

I mean, even if IBILL doesn't have the cash to pay us, they could still pay us in equity in IBD...

So aside from cybersocket, I was just wondering if anyone else is looking into it.

Anyone?

02-02-2005, 12:47 PM
elric Confirmed User Join Date: Aug 2002 Posts: 296	Is it worth pursuing claims against IBILL? So from the recent news it looks like IBD has now acquired IBILL. From what I can gather they paid with 49% of IBD in a transaction valued at "$33 million" I think based on the value of IBD stock. Who knows if that number has any bearing in reality, but it's a lot of money. According to some articles, IBILL was billing $280 million a month. So it seems like there should be money in there somewhere to pay people who are still owed, right? I mean how much can they owe webmasters? $1 million? $5 million? I mean, even if IBILL doesn't have the cash to pay us, they could still pay us in equity in IBD... So aside from cybersocket, I was just wondering if anyone else is looking into it. Anyone?