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Originally Posted by gyrostastegood
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."
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"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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There is always an interesting turn of phrase when it comes to iBill owners, shareholders or management.
The quotes you used are those of Gary Spaniak Jr - the "President" of Care Concepts and, near as dammit, similiar status in IBD? This is the smartass who now appears to be claiming "new brushes sweep clean" and there is such a thing as an "old Bill" and a new iBill. Gimme a break :-)
Is Spaniak trying to suggest he is pleased to see the "remnants of the old iBill" gone and "blame" being cast on them? If so, Spaniak needs to remember Prast is involved with his own activities in promoting XTV. Instead of using the biblical name of Lazarus in his statement, maybe Judas is more relevant.
Bottom line... who is IBD? Molina, Bell, Galanis and a string of other folks you would not invite to a dinner table. Whether the flavor of the day is Gkard, XTV or a resurrection of iBill, - it remains there are a series of people with fraud, felony fraud, (and all the variations of fraud offenses in the US) as well as drug offenses and other convictions involved.
These are people who either directly or in association with others fraudulently stole people's homes and left them homeless, - and yes, there is still the small matter of recovering the majority of the $400 million defrauded in one instance. How's your memory Jason - you remember where the funds are? You may have to ask Molina. There is also several small matters where the presentation of several million dollars on tables have caused concern, in that there was an inability to show the source of funds. What's new?
When you consider whether you would use iBill again, remember the series of past broken promises and utter bullshit and also who you are dealing with - namely, paper-shuffling fraudulent crooks and scammers who use "shareholdings", corporate paperwork, forward-looking statements and fancy words as tools.
No statements by these people can be taken at face value. They already have been proven to be not-exactly-a-true-picture or were simply more bullshit.