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Old 11-20-2004, 09:16 PM   #1
18teens
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Has Anyone Been Paid By Triple X For Neb Cash???

James Vanderslice has been ripping webmasters off right snd left with his now defunct Neb Cash for at least 6 months now. Some webmasters have been cheated out of thousands of dollars.

To make a long story short, Triple X Cash bought Nebraska Coeds from that thief and liar James Vanderslice.

So, since Triple X bought him out, didn't they also buy his debts?

The only post I've seen from Triple X was this:


"Hey! It is Paolo.

Never fear Paolo is here. : ) Just joking.

Ok. Ibill is holding money and noone is getting paid. That's bad news and I have been telling people for years not to use ibill.

Now for Nebraskacoeds. I like the site. We are going to start managing it and I will have further news later this week.

Remember we are managing it now so that means weekly payouts and hosted galleries for Nebraskacoeds.

As far as people getting what was owed to them. We are going to be working that out also.

Now is that not good news.

Cheers."


That was posted on 11-01-04 in this thread:
http://www.gofuckyourself.com/showth...hreadid=380391

It has gone far beyond "later this week".

Has anyone been paid yet?
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Old 11-20-2004, 09:20 PM   #2
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Triple X is a top notch company..personally if I bought a company ,I wouldn't be held responsible for the existing debts..That would be with the previous owners...that sucks but that's the way it works sometimes
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Old 11-20-2004, 09:27 PM   #3
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When Website Billing closed it's doors *** sucked up the debts and paid all it's affiliates in full, including myself. I don't know the guys personally but they seem to have their shit straight

It will probably be to their benefit to pay those outstanding debts.
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Old 11-20-2004, 09:33 PM   #4
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when a company buys another company, it is usually all of the assets AND liabilities of that other company... for the better or worse... at least that's how it normally works in the real world
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Old 11-20-2004, 09:33 PM   #5
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I received an email from NebCoeds on Oct. 30th.. saying..

"Lastly, all remaining funds still owed to you by ibill will be paid out within the
next 10 days, out of my own pocket. Please be sure to let me know if I need to send
your check to a different mailing address than is currently in your ibill revshare
profile. "


Checks are in the mail...?
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Old 11-22-2004, 06:30 PM   #6
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Quote:
Originally posted by Easton
when a company buys another company, it is usually all of the assets AND liabilities of that other company... for the better or worse... at least that's how it normally works in the real world

Thats exactly how it works in the real world.
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Old 11-22-2004, 06:33 PM   #7
V_RocKs
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You may need to contact Triplexcash directly.. I would imagine that Jim didn't tell him about all of the debts and as always, the squeeky wheel gets the grease.
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Old 11-22-2004, 06:37 PM   #8
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Tried that....Still waiting on a reply.
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Old 11-22-2004, 06:39 PM   #9
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Quote:
Originally posted by spunky
Triple X is a top notch company..personally if I bought a company ,I wouldn't be held responsible for the existing debts..That would be with the previous owners...that sucks but that's the way it works sometimes
Uh... it doesn't work that way. The "owner" could simply sell the company to his "partner" for $1 and eliminate all debts while still running the company.
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Old 11-22-2004, 06:46 PM   #10
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Paolo is a man of his word and when his money was held up once before with another processor he came out of pocket- I was there working for them at the time and can tell you they are 100% on the up and up

I am also proud to say I still get checks from Triple X Cash two years later-

They could always be bigger :-))

Ok Paolo now tack on another $63 bucks for being so nice in this thread :-))

AHAHAHA

seriously though- Triple X Cash are a good crew of people
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Old 11-22-2004, 06:49 PM   #11
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Depends if they bought the sites or the company. If they bought the company.. sue the company for your money. If they just bought the sites, well too bad they dont owe you shit.
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Old 11-22-2004, 06:51 PM   #12
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Quote:
Originally posted by Sly
Uh... it doesn't work that way. The "owner" could simply sell the company to his "partner" for $1 and eliminate all debts while still running the company.
You sure about that? Why isnt that done on a daily basis instead of bankrupty court?
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Old 11-22-2004, 06:55 PM   #13
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Originally posted by detoxed
You sure about that? Why isnt that done on a daily basis instead of bankrupty court?
I'm saying you can't do that. Are you telling me its possible?

So I can go out and rack up all of my company cards, then sell the business to my dad for $1 and all is good?
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Old 11-22-2004, 06:56 PM   #14
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*** paid out when thier billing company went down. I'm sure they will do it again. They are good like that.
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Old 11-22-2004, 07:59 PM   #15
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Quote:
Originally posted by xxxjay
*** paid out when thier billing company went down. I'm sure they will do it again. They are good like that.
This is a little different.

WSB going down was beyond their contol (although they were slow as hell to act despite repeated warnings from several affiliates including myself to stop using WSB - but that's a whole other ball of wax).

Buying Nebraska Coeds from a thief was within thier control. That was their choice. They assumed the assets and they assumed the liabilities willingly.

And now they do nothing.
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Old 11-22-2004, 10:36 PM   #16
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Quote:
Originally posted by xxxdesign-net
I received an email from NebCoeds on Oct. 30th.. saying..

"Lastly, all remaining funds still owed to you by ibill will be paid out within the
next 10 days, out of my own pocket. Please be sure to let me know if I need to send
your check to a different mailing address than is currently in your ibill revshare
profile. "


Checks are in the mail...?
I got a similar email but it said that remaining funds would be paid out by TripleX within the next 10 days...
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Old 11-22-2004, 10:49 PM   #17
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Quote:
Originally posted by Easton
when a company buys another company, it is usually all of the assets AND liabilities of that other company... for the better or worse... at least that's how it normally works in the real world
Glad to see someone here knows what they're talking about.
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