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Old 04-12-2005, 11:07 PM  
gyrostastegood
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Join Date: Nov 2004
Posts: 112
iBill to release $21,000,000 in payments

Interesting article on AVN regarding iBill

IBD Will Make Initial Payments to iBill Clients

"Interactive Brand Development (IBD) will start making First Data Bank payments this Friday in what it hopes will be the biggest statement yet that the company is intent upon pulling a Lazarus act with payment processor iBill."

....

"Gone are remnants of the old iBill, including former president Cathy Beardsley and transitional president Charles Prast, whose last day on the job was April 4. Added are in-house legal counsel and an advisor dedicated solely to working out settlements with webmasters."

Seems to me like the new management at iBill is making serious efforts to regain confidence and improve the condition of the company. The proof will be in the pudding this Friday...
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