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Originally Posted by MacDaddyPlaya
iBill's Fucked
More law suits, can't afford the fees for the restructuring contract, not looking good.
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No surprise there MacDaddyPlaya!
I wondered who was going to pay the fees of overbloated and over -rated "management company" who are incapable of offering much more than possibly painting a more accurate picture of iBill.
Corporate Revitalization Partners (CRP) are good a talking billions, but have problems revitalizing themselves - nevermind others.
BUT :-) The overall plan is still on course... and goes like this....
"We are not interested in any future for iBill - we already have what we want and wish to see iBill terminated asap. We need to disassociate our asses from iBill and have passed over the management of iBill to a turn-about company. Now that they are at work, why dump more money down the drain and pay them? Let the current court actions proceed and iBill will just sink into oblivion and some liquidator can clean it up.
Meantime... we are moving forward with gKard, XTV, publishing of Penthouse in Mexico, (tho, without permission), and trying hard to stay clear of iBill. And... let's not talk about any bad shit just now - Prast is busy scamming an upbeat picture for XTV, Molina is trying to lay claims of finacing this and Jason is busy defending his SEC fraud case at this time."