IBILL President QUIT - GoFuckYourself.com

Anthony · 02-15-2005, 04:11 PM

Kathy Beardsley quit today
Word is she can't put up with the bullshit anymore.

Fake Nick · 02-15-2005, 04:12 PM

lol, yeah I can imagine that being true

AlienQ - BANNED FOR LIFE · 02-15-2005, 04:13 PM

Ala Akbar!

Manowar · 02-15-2005, 04:14 PM

maybe she didnt get paid.

MandyBlake · 02-15-2005, 04:14 PM

Quote:

Originally Posted by AlienQ

Ala Akbar!

lol that made me laugh.
thanks.

nofx · 02-15-2005, 04:17 PM

Quote:

Originally Posted by Manowar

maybe she didnt get paid.

Paparazzi · 02-15-2005, 04:20 PM

sig spot

Shoplifter · 02-15-2005, 04:29 PM

I'm guessing the trustee thing fell through.

After six months of this there's a part of me that just wishes it was over despite the losses. Too much stress.

seer · 02-15-2005, 04:30 PM

really........

gxer · 02-15-2005, 04:53 PM

Quote:

Originally Posted by Manowar

maybe she didnt get paid.

good one

Rui · 02-15-2005, 05:02 PM

why ain't I suprised knowing about that? lol

Kimmykim · 02-15-2005, 05:09 PM

Cathy is a really nice person, I'm sorry to see her get stuck in this. I don't think she really understood what was going on with the whole mess the last year or two, and that she thought things would have had a different outcome.

SteveLightspeed · 02-15-2005, 05:14 PM

I always liked Cathy personally. She seems like a good person.

I would imagine leading Ibill right now is like being given command of the Titanic after it hit the iceberg. It's not funny anymore, Ibill seems doomed.

Steve Lightspeed

WiredGuy · 02-15-2005, 05:26 PM

She probably didn't get her wires either.
WG

xenigo · 02-16-2005, 04:50 AM

I still haven't seen anyone say exactly what Ibill is going through right now. I know they're not paying webmasters, but WHY is this? Why can't they just cut everyone a check for what they've billed?

Does anyone actually know? Or are we all just guessing what the deal is?

stanyslav bukovski · 02-16-2005, 04:51 AM

Quote:

Originally Posted by Manowar

maybe she didnt get paid.

The Other Steve · 02-16-2005, 05:00 AM

Quote:

Originally Posted by xenigo

I still haven't seen anyone say exactly what Ibill is going through right now. I know they're not paying webmasters, but WHY is this? Why can't they just cut everyone a check for what they've billed?

Does anyone actually know? Or are we all just guessing what the deal is?

Xenigo it all started because they lost their acquiring bank and have never been able to find another one. Everything else has flowed on from there - it was big news late last year and I don't know how you missed it - it was on just about every webmaster board on the planet.

xenigo · 02-16-2005, 05:15 AM

Quote:

Originally Posted by The Other Steve

Xenigo it all started because they lost their acquiring bank and have never been able to find another one. Everything else has flowed on from there - it was big news late last year and I don't know how you missed it - it was on just about every webmaster board on the planet.

Thanks for the reply, Steve. Somehow I missed that. I never used to keep up on processing because I'm only now getting into running paysites. Any idea why they can't get a new acquiring bank? If CCBill, Jettis and Epoch have them, I can't imagine why iBill would have an issue...

The Other Steve · 02-16-2005, 05:24 AM

Quote:

Originally Posted by xenigo

Thanks for the reply, Steve. Somehow I missed that. I never used to keep up on processing because I'm only now getting into running paysites. Any idea why they can't get a new acquiring bank? If CCBill, Jettis and Epoch have them, I can't imagine why iBill would have an issue...

Basically because no bank will touch iBill - if you're interested in the full story you should make yourself a cup of coffee or three and do a search here. There have been some very long and very informative threads about it.

People have likened this to the Globill collapse but Globill went overnight. iBill have been collecting rebills for months and have only paid out a fraction of what they must have collected. There are some paysites owners out there who are in real trouble thanks to iBill.

They have made promise after promise about paying and they are always 'moving forward' with their plans to pay webmasters but they only ever seem to slip further and further behind. There must come a point where criminal proceedings against the people in charge at iBill must become a real possibility .

Adultnet · 02-16-2005, 06:39 AM

Quote:

Originally Posted by WiredGuy

She probably didn't get her wires either.
WG

lol ...

Serious-Partner · 02-16-2005, 07:01 AM

Quote:

Originally Posted by Anthony

Kathy Beardsley quit today
Word is she can't put up with the bullshit anymore.

oh man that's disgusting

Cassie · 02-16-2005, 07:08 AM

Quote:

Originally Posted by Manowar

maybe she didnt get paid.

hahaha

MickeyG · 02-16-2005, 07:10 AM

Im pretty sure this was expected as I heard about a new management team coming in last week. I just hope theres still monies left to manage at this point

wallst · 02-16-2005, 07:34 AM

Quote:

IBILL President QUIT

presidents cant quit,,,the president is the owner of a company.

TheLegacy · 02-16-2005, 07:41 AM

Quote:

Originally Posted by wallst

presidents cant quit,,,the president is the owner of a company.

um.. not always

Cogitator · 02-16-2005, 07:45 AM

Technically she didn't walk out the door. I heard she has 30 days left on her contract and she's not going to renew. Something like that.

3AM eternal · 02-16-2005, 08:30 AM

Quote:

Originally Posted by wallst

presidents cant quit,,,the president is the owner of a company.

you don't really know much about business................... or sig rules.

Anthony · 02-16-2005, 08:42 AM

Quote:

Originally Posted by 3AM eternal

you don't really know much about business................... or sig rules.

The KLF have spoken!

3AM eternal · 02-16-2005, 08:44 AM

Quote:

Originally Posted by Anthony

The KLF have spoken!

they're gonna rock ya

Drake · 02-16-2005, 10:25 AM

Quote:

Originally Posted by Kimmykim

Cathy is a really nice person, I'm sorry to see her get stuck in this. I don't think she really understood what was going on with the whole mess the last year or two, and that she thought things would have had a different outcome.

How would the President of the company not know what's going on within a two year period of heading the company? Are there many people above her that made all the decisions (ex. is the President above or below a CEO)? I apologize for my ignorance about the structure of companies.

yellowmenace · 02-16-2005, 10:39 AM

Cathy is a very nice person. But I am not sure if she's the "President" she holds another title I believe.

d00t · 02-16-2005, 10:41 AM

Any pay their $750 with ibill via CC? Chargeback time!! ;)) hhahaa

mrthumbs · 02-16-2005, 10:43 AM

Quote:

Originally Posted by yellowmenace

Cathy is a very nice person. But I am not sure if she's the "President" she holds another title I believe.

exactly.. shes not.

Zprogramz · 02-16-2005, 10:47 AM

Quote:

Originally Posted by The Other Steve

Basically because no bank will touch iBill - if you're interested in the full story you should make yourself a cup of coffee or three and do a search here. There have been some very long and very informative threads about it.

People have likened this to the Globill collapse but Globill went overnight. iBill have been collecting rebills for months and have only paid out a fraction of what they must have collected. There are some paysites owners out there who are in real trouble thanks to iBill.

They have made promise after promise about paying and they are always 'moving forward' with their plans to pay webmasters but they only ever seem to slip further and further behind. There must come a point where criminal proceedings against the people in charge at iBill must become a real possibility .

If Ibill does not have a US acquiring bank, how are they able to rebill?

xenigo - Jettis went under too as far as a thrid party processor.

Z

Drake · 02-16-2005, 11:00 AM

Quote:

Originally Posted by Zprogramz

If Ibill does not have a US acquiring bank, how are they able to rebill?

xenigo - Jettis went under too as far as a thrid party processor.

Z

That's a good question and I'd be curious to know what the answer is. Are all the rebills and sales simply pending? For months?

As for Jettis, they didn't go under. Jettis still processes ACH. Their Credit Card processing was grandfathered/almagamated into Paycom under mutual agreement so nothing was lost and processing continues seemlessly for former Jettis clients. Jettis looked after it's clients.

Nicky · 02-16-2005, 11:05 AM

Quote:

Originally Posted by Manowar

maybe she didnt get paid.

woodman · 02-16-2005, 11:11 AM

Quote:

Originally Posted by Kimmykim

Cathy is a really nice person, I'm sorry to see her get stuck in this. I don't think she really understood what was going on with the whole mess the last year or two, and that she thought things would have had a different outcome.

KK, Cathy is a nice person but was not cut out to manage iBill out of this mess that her mentor, GB, got the company into. Cathy knew all the issues with what has happened over the last few years that got iBill into this mess. I am sure she sat in on meetings when the dollar transactions for BN was ok'd, and the posting of multiple cross sells from non-ibill join pages was ok'd, and the dollar transactions for the kids charity and the imports from the Aussies, etc., efucking cetera.

That is the shit that got the company into the mess it is in.

Calvinguy · 02-16-2005, 11:26 AM

Quote:

Originally Posted by Mike33

As for Jettis, they didn't go under. Jettis still processes ACH. Their Credit Card processing was grandfathered/almagamated into Paycom under mutual agreement so nothing was lost and processing continues seemlessly for former Jettis clients. Jettis looked after it's clients.

Ask yourself why...

slipkid · 02-16-2005, 11:33 AM

The Ibill runaround continues...

Kimmykim · 02-16-2005, 12:37 PM

Quote:

Originally Posted by woodman

KK, Cathy is a nice person but was not cut out to manage iBill out of this mess that her mentor, GB, got the company into. Cathy knew all the issues with what has happened over the last few years that got iBill into this mess. I am sure she sat in on meetings when the dollar transactions for BN was ok'd, and the posting of multiple cross sells from non-ibill join pages was ok'd, and the dollar transactions for the kids charity and the imports from the Aussies, etc., efucking cetera.

That is the shit that got the company into the mess it is in.

Like she was actually managing anything. Can you say figurehead boys and girls?

Mr. Mike · 02-16-2005, 01:01 PM

So did all their affiliates

Cogitator · 02-16-2005, 01:57 PM

Cathy's a decent person. She probably thought she could make a difference and turn it around.

The Stickman · 02-16-2005, 02:06 PM

Quote:

Originally Posted by Kimmykim

Can you say figurehead boys and girls?

NAILED IT!!!! Tough to manage a company that the 3 Stooges run!

Thee Johnclave · 02-16-2005, 02:53 PM

Quote:

Originally Posted by Zprogramz

If Ibill does not have a US acquiring bank, how are they able to rebill?

xenigo - Jettis went under too as far as a thrid party processor.

Z

Zprogramz... we didn't go under, we sold our portfolio of IPSP clients. Big Difference.

And, as others indicated, we're still processing ach and gateway (which is our roots).

scoreman · 02-16-2005, 03:03 PM

If Cathy is bailing, I have no doubt that there are some other iBill staff who will hit the door right behind her.

Webby · 02-16-2005, 04:05 PM

Quote:

Originally Posted by scoreman

If Cathy is bailing, I have no doubt that there are some other iBill staff who will hit the door right behind her.

Little doubt, Cathy resigned for good reasons yesterday and others will follow.

A large number of folks have already moved out of the scenario - some for their own reasons like, covering their asses and saying nothing to avoid a subpoeona.

Cathy did what she could with the tools she had.

DutchTeenCash · 02-16-2005, 04:08 PM

Quote:

Originally Posted by wallst

presidents cant quit,,,the president is the owner of a company.

lol well thats not how it is at IBILL and many other companies...

Webby · 02-16-2005, 05:00 PM

Quote:

Originally Posted by wallst
presidents cant quit,,,the president is the owner of a company.

The President is just an officer of the company. They can be apppointed and chucked out as the shareholders and board see fit. Cathy does not "own" iBill :-)

Dingo. · 02-16-2005, 05:08 PM

yawn!!!!

spacecat · 02-16-2005, 05:11 PM

Ibill started going to the shit after it got bought out a few years back by that big company .. what was it called?

02-15-2005, 04:11 PM	#1
Anthony Keyboard Warrior Join Date: Feb 2001 Location: One of the outer rings of Hell Posts: 9,653	IBILL President QUIT Kathy Beardsley quit today Word is she can't put up with the bullshit anymore.

02-15-2005, 04:13 PM	#3
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	Ala Akbar! __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \|

02-15-2005, 04:20 PM	#7
Paparazzi Confirmed User Join Date: Mar 2002 Posts: 3,488	sig spot __________________ Pure Level(3) Premium Bandwidth When Quality Counts

02-15-2005, 04:29 PM	#8
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,726	I'm guessing the trustee thing fell through. After six months of this there's a part of me that just wishes it was over despite the losses. Too much stress. Last edited by Shoplifter; 02-15-2005 at 04:31 PM..

02-15-2005, 05:14 PM	#13
SteveLightspeed Confirmed User Join Date: Jul 2001 Location: Lightspeedworld Posts: 7,940	I always liked Cathy personally. She seems like a good person. I would imagine leading Ibill right now is like being given command of the Titanic after it hit the iceberg. It's not funny anymore, Ibill seems doomed. Steve Lightspeed __________________ Abra-cadabra!

02-15-2005, 04:12 PM	#2
Fake Nick So Fucking Banned Join Date: Jul 2004 Location: go troll goo! Posts: 7,708	lol, yeah I can imagine that being true

02-15-2005, 04:14 PM	#4
Manowar jellyfish Join Date: Dec 2003 Posts: 71,528	maybe she didnt get paid.

02-15-2005, 04:30 PM	#9
seer Confirmed User Join Date: Nov 2002 Location: NYC Posts: 280	really........

02-15-2005, 05:02 PM	#11
Rui web Join Date: Dec 2001 Location: On icq: 85-483-060 Posts: 9,533	why ain't I suprised knowing about that? lol

02-15-2005, 05:09 PM	#12
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Cathy is a really nice person, I'm sorry to see her get stuck in this. I don't think she really understood what was going on with the whole mess the last year or two, and that she thought things would have had a different outcome.

02-15-2005, 05:26 PM	#14
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,482	She probably didn't get her wires either. WG __________________ I play with Google.

02-16-2005, 04:50 AM	#15
xenigo Confirmed User Industry Role: Join Date: Jan 2001 Location: Oakland, CA Posts: 8,067	I still haven't seen anyone say exactly what Ibill is going through right now. I know they're not paying webmasters, but WHY is this? Why can't they just cut everyone a check for what they've billed? Does anyone actually know? Or are we all just guessing what the deal is?

02-16-2005, 07:10 AM	#23
MickeyG Confirmed User Join Date: May 2004 Location: South Florida Posts: 4,134	Im pretty sure this was expected as I heard about a new management team coming in last week. I just hope theres still monies left to manage at this point

02-16-2005, 07:45 AM	#26
Cogitator Confirmed User Join Date: Feb 2002 Location: Florida Posts: 672	Technically she didn't walk out the door. I heard she has 30 days left on her contract and she's not going to renew. Something like that. __________________ - this space intentionally left blank -

02-16-2005, 10:39 AM	#31
yellowmenace Confirmed User Join Date: Jul 2003 Location: Los Angeles Posts: 1,141	Cathy is a very nice person. But I am not sure if she's the "President" she holds another title I believe. __________________ Yellow Menace icq# 322981173

02-16-2005, 10:41 AM	#32
d00t Confirmed User Industry Role: Join Date: Sep 2002 Location: In your mind Posts: 3,766	Any pay their $750 with ibill via CC? Chargeback time!! ;)) hhahaa

02-16-2005, 11:33 AM	#39
slipkid Confirmed User Join Date: Feb 2004 Location: USA Posts: 791	The Ibill runaround continues... __________________ Tons of porn sites Sell Adult products on your sites

02-16-2005, 01:01 PM	#41
Mr. Mike Confirmed User Join Date: Aug 2004 Posts: 913	So did all their affiliates __________________ Sig for sale. ICQ: 163-545-054

02-16-2005, 01:57 PM	#42
Cogitator Confirmed User Join Date: Feb 2002 Location: Florida Posts: 672	Cathy's a decent person. She probably thought she could make a difference and turn it around. __________________ - this space intentionally left blank -

02-16-2005, 03:03 PM	#45
scoreman Confirmed User Join Date: Nov 2001 Location: Miami, Florida Posts: 1,491	If Cathy is bailing, I have no doubt that there are some other iBill staff who will hit the door right behind her. __________________

02-16-2005, 05:08 PM	#49
Dingo. Registered User Join Date: Feb 2005 Posts: 31	yawn!!!!

02-16-2005, 05:11 PM	#50
spacecat Registered User Join Date: Feb 2003 Location: Australia Posts: 21	Ibill started going to the shit after it got bought out a few years back by that big company .. what was it called? __________________ DOMAINS 4 SALE - click here pornfilmsonline.com sexmonthly.com realsexdoll.com