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Originally Posted by Verotel
This doesn't necessarily sound like a company ready to give up:
IBill Parent Hires Firm to Restructure Company
Interactive Brand Development has hired Corporate Revitalization Partners to help turn around the company. The firm has staffed senior executives on-site at iBill's corporate headquarters in Deerfield Beach, Fla., to advise on day-to-day management for iBill.
http://xbiz.com/news_piece.php?id=7673 |
Hi Darryl.. When you have a company that was purchased by the Galanis and Molina mob for just $750K on the understanding they also take on the exisiting iBill debts of around $22mill - and when neither Galanis or Molina have done anything about this debt level - it does not take a "turn about company" to know iBill is up shit creek.
After the established lies and deceit so far on the part of iBill, I have no doubts whatsoever this company was engaged to illustrate Galanis and Molina were showing "due diligence" in the handling of iBill and helps with the court action/s to come :-)
The engaging of an management corp also enables them to blame someone else to a degree - where they can get off with this.
Another factor is.... IBD now have access to iBill's credit card data and, IBD/Nexcend also happen to have plans of their own and a possible use of this data. They have already stated that their other ventures into online entertainment and channel TV will benefit from the data in associated companies. In other words, - they have just raided iBill for anything they could get, including credit card holder info, (webmaster members!), and it matters little if iBill has any future.
Here's IBD's website...
http://interactivebranddevelopment.com
You see any mention of iBill??
Na.. There is a lot of "face" going on, but this is none less than a fraudulent company and the fun has not started yet :-)