Thread: Ibill Update !
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Old 02-17-2005, 04:46 PM  
Shoplifter
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I had some real hopes after hearing the trustee news last week, this is quite a downer.

I've maintained in the past that they have to get someone who is a bit sharper to do their releases. There are a couple of gaffes in there in regards to Gkard and to the investment, which is actually listed as a loan on their SEC filing. Maybe there is an investment secured to the line of credit who knows.

I can understand the March 9 date as it gets into the ballpark of a 6 month duration for First Data holding their funds. I'm guessing that none of us can expect anything paid out before the First Data release.

Hoping hoping hoping.

Last edited by Shoplifter; 02-17-2005 at 04:48 PM..
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