IBDI took over in February... How long do you think it should take to payout $42,000,000?

Precisely...

Those of us who haven't been paid can't tell the difference between bankruptcy and buy-out.


SilentKnight

Damn right. It shouldn't have taken so long at all. Why sing praises of a company who didn't pay out on time? Are you THAT easy to please, or has your wool not yet grown back in, (waits for him to figure THAT out).

This is a BUSINESS. Old or new iBill, nothing has been said, (except by you, who is apparently the new happy hippy mouthpiece for them), about payment to ANYONE.

Quit shoveling shit and save it for the rest of the sheep who will blindly follow.

:1orglaugh :1orglaugh

'Scuse me. i have some anger issues to deal with.

IBDI took over in February... How long do you think it should take to payout $42,000,000?


If you want to salvage your reputation, maybe that stolen $42,000,000 should have been part of the purchase price. Then the amount of time it would take to pay it out would be equal to the amount of time it took to run with it.

That is where the hat will be hung!
 

Once debts are paid, what will be left to complain about. iBill will reconcile with past clients, and life will go on. But perpetual corporate hate only gets things so far. Benefit of the doubt is my policy. If you don't know, you can't say. And since iBill hasn't had enough time to payout $42,000,000 they are sorry. All the people who have been paid just aren't out telling the world, but they have stopped bitching.

What a loss, even if they pay everyone their reputation is lower than low. Like my dad always use to say: First fool is not a fool but a second fool is a bloody fool.

Scream wolf as much as you want this time nobody is going to come.

4TheMoney, like I said in your thread, go lick Skufty's balls.

Why has the figure now leaped to $42 million? All along it was only around $30 million.

Besides that, iBill has claimed to have paid the majority of that back already after an agreement was reached with First Data.

Its now November. 9 months down the road.

You tell us.


SilentKnight

How the fuck do you profess to know what I plan to do or not do in the future - if and when I ever see a dime that's owed from iBill? You got a crystal ball in your arse?

My jukebox never stopped playing. It just ain't singing iBill's praises.


SilentKnight

Iballs died on September 2004 and i have not seen anything to disprove this. You Mickey Dees rejects that now work for Iballs should stop posting the corporate rhetoric and false promises trying to lure newbies to sign up with a company destine to fail.
The only time you should post is when all webmasters have been paid in full for monies outstanding and not until then !

Once debts are paid, what will be left to complain about. iBill will reconcile with past clients, and life will go on. But perpetual corporate hate only gets things so far. Benefit of the doubt is my policy. If you don't know, you can't say. And since iBill hasn't had enough time to payout $42,000,000 they are sorry. All the people who have been paid just aren't out telling the world, but they have stopped bitching.

Yes, once the debts are paid, I believe Ibill can recover. People will still bitch, since they were lied to and stolen from. But, when restitution has been made, your position will be MUCH stronger. Webmasters would rather be paid, than bitch, believe me. When they get paid, they will come here and tell the world. That begs the question, as why the webmasters that have been paid are not here saying it?

Since I haven't seen a single webmaster on GFY step forward and say they've been paid - there must be an oath of secrecy akin to the JFK assassination cover-up happening.


SilentKnight

The only reason i can think of is that payment was made to companies taking legal action against Iball's and that settlements made are subject to a non disclosure clause. If these larger programs received 100% settlement Iballs isn't going to want the smaller programs and webmasters to know because they will try to make them settle for a lesser amount say 50 cents on the dollar ?

At the end of the day its pay up or shut up !

Food for thought.


SilentKnight

And if you did your due dilligence you would know that there is no "new iBill". Ownership remains the same. So the same people who owned iBill then, own it now. Stock moving back and forth doesn't change that. Bankruptcy was never an option, but not because iBill cared about the people they owed money to. So, be careful what you wish for on here, because the more due diligence people do, the less they are going to like what they find.

I got to give them credit we stayed with ibill, the payments have been on time . My rep called me on Sunday to let me know they would be back at work on Monday and to answer the question I asked her. I think there is a new attitude there because I know that wouldnt of happened before.

It's Michelle Waldman, she's my new rep now that Bari meyerson left.

She seems nice enough. she offered to pay me back but conveniently left out the 3% interest on balance owed, which was offered to me in the past and clearly offered to others as well.

I'm trying to find out what is up with that, I read somewhere that 3% is illiegal in the state of florida, because there is some minimum interest rate or something? I could be wrong on that, I dunno.

So... is anyone taking the ibill deals, and yes, the deal includes putting their buttons on my site before i can get paid back. seems kinda funky to me but she explained that the old owners left, the new owners, decided not to go bankrupt and to try to pay everything the old owners owed, but to do that they need revenue so she explained that to pay us back they need our business, it's a pretty straightforward scam, considering we should get paid back either way.

Not sure what I'm going to do, they've offered to pay me quarterly over the next year.

She also offered me 13% as a processing fee, but my last rep sent me a contract at 12% to try to get me back, so I think they're going to have to honor that if they want me to play.

any suggestions would be much appreciated!

Thanks

Liana

Main Entry: ex·tor·tion
Pronunciation: ik-'stor-sh&n
Function: noun
1 : the act or practice of extorting esp. money or other property; specifically : the act or practice of extorting by a public official acting under color of office
2 : the crime of extorting hahaha8212;ex·tor·tion·ate /-sh&-n&t/ adjective hahaha8212;ex·tor·tion·er noun hahaha8212;ex·tor·tion·ist /-sh&-nist/ noun

http://dictionary.reference.com/search?q=extortion


SilentKnight

Kastle Archives Productions Inc.

Were you paid back any/all revenues that were owed dating back to Sept/`04?

Or are you only talking of payments based on current sales?


SilentKnight

Kastle Archives Productions Inc.

LOL... thats too funny.

How about remembering!!!..remembering how ibill fucked over many people and they still are to this day. I wouldnt even give them a second thought.
I personally will never do business with a company that lies, steals, and uses extorsion tactics towards webmasters that they owe. Telling people to put links back and then ibill will resolve the issue with that particular webmaster and pay them what they owe is bullshit...yea right FUCK THAT!!!!

I really doubt that after everyone is paid in full with interest you will find anyone to give you the time of day and I really doubt webmasters will ever be paid in full.

At one point we did try to sign up with ibill when we first started and ibill had our account so fucked up with incorrect information that we finally told them to :321GFY and we moved on.

I'm not an attorney and don't profess to know a lot about U.S. laws - but perhaps someone more knowledgable can confirm or deny this. I know in Canada extortion is considered a civil rather than criminal matter, but beyond that I don't know much else.

Is iBill's current tactic of forcing those they owe money to - to continue having their buttons on their websites or risk forfeiture of revenues owing, clearly an act of extortion?

In other words, they're saying "If you don't continue doing business with us, we won't pay you what we owe."

Can someone in the legal arena provide further insight if possible?


SilentKnight

Kastle Archives Productions Inc.

Bump Time!!!

bump for answers from iBill

http://www.fetishopolis.com/kap-imag...structured.jpg

100% correct Mac! :thumbsup

You are talking about folks playing with corps and shuffling one corp file from one side of the desk to the other and "talking up" shares in their own personal interests.

The modus operandi is no different to that used by the Galanis family and the Mexican "Doc" for years - some call it "corporate abuse". :winkwink:

maybe it will help :1orglaugh

PAY ME MY FUCKING MONEY IBILL

Bump for owed webmasters :thumbsup

Bump for the night shift

Sure is a lot of bumping imageman :1orglaugh

It amazes me the callous and pompous attitudes from iBill. "Contact us to work out a payment plan". The payment plan should be them writing a fucking check to who they owe. The "put our links up first" bullshit is extortion, plain and simple.

The nonsense of this not being the old iBill is shit too. When you buy a company, you buy everything that comes with it. That includes image and debts. There is no "the old iBill owed you this so we will try and work something out because we are nice". When you bought iBill, YOU BOUGHT THE FUCKING DEBT.

Awesome. :thumbsup :1orglaugh

Yep its a hard job but someone has to do it, right ?

You got that right (bump)
:winkwink: