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Originally Posted by cyberxxx
WEST HOLLYWOOD, Calif. ? In an attempt to take a stand against ?what iBill has done? to the online community, Cybersocket co-owner Morgan Sommer has filed two legal claims against the third-party processor over nonpayment of advertising. Full story...
First judicial precedent vs IBill???
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Sure ain't the first - there have been a number of filings made since October 2004. I've not looked thru all of em (there are items not related to the current of iBill situation as well), but read enough to see a track record.
It is surprising that investors in PHSL/IBD/iBill are so interested in this stock. And also funny to see any "press statement" they issue is grasped and absorbed as being truth. PHSL are almost painting iBill as some rock solid biz
The underlying problem is PHSL - a defuct corp with great plans all over, including a Mexican resort complex. Then we have the famous "Doctor" Luis owning almost half of IBD. Sheesh, this is one incestuous operation!
