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This won't go for all NATS programs but for programs running under the TMMSegPay NATS system. There will be a lot of features involved with this which we think everyone will find very exciting. We hope to be sharing more details soon. |
that is big news, congrats NATS!
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Nothing against you Albright, but isn't this a conflict of interest?
You already own paysites (so I heard, correct me if I'm wrong) and now you own part of a billing company, and you have access to the proprietary data of alot of your competitors (the ones who use NATS) I could be wrong but it seems like there's lots of room for conflicts of interest there. |
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Looking fwd to this ! Congratz
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Congrats on the biz move. Should be interesting....
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Big Congrats to Nats!
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I can assure you your data is safe. We have hundreds of clients. Some of them are some of the biggest names in the industry. They would not put their trust in us if it was not well deserved. These days my sites are much smaller than they were years ago and don't even provide that much income. What they do provide is a great test bed for our products. I would much rather experiment with and break something of my own than one of my client's sites. It also allows me to keep a pulse on what it is to run a program which helps us develop our products better. If I were to misuse anyones data it would be found out very quickly. It could not be done secretly but rather it would be very obvious and we would be out of business very quickly. Plus, if I was somehow stealing people's data my sites would be doing a lot better than they are. :) |
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Congratulations on the acquisition!
DH |
Ok thanks, I hope it turns out that way.
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from my point of view you are envious regarding the success of paycom/mpa3 and you are trying to catch up. and that was your easiest possibility
before i'd use segpay i'll accept cash by snail mail :2 cents: |
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As illustrated in a thread last week, the install base of NATS is much larger than MPA even if you count the EpochStats clients. There is nothing to be envious about. |
Great news! I love seeing hard working people/companies merging to make something that'll help the industry as a whole. :thumbsup
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Congrats:thumbsup
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Perhaps there is some confusion and there may be people not reading the PR itself.
This is not a deal for SegPay to use NATS. This is an acquisition of ownership of SegPay and the forming of a new company, TMMSegPay. There is no more SegPay. There is only Too Much Media and TMMSegPay. Too Much Media is still held by only myself and Charlie and no ownership of it has changed hands. |
GFY Hiccup!
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conflict or interest and a bad thing in general, but heh since allmost ever webmaster thinks this is good it must be good.
time for me to check the alternative I am afraid |
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Congratulations John, this is a big step for TMM. I like the way you keep raising the bar! :)
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hiiiiiiiiiiiiiiiiiiiiiii
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congrads John
this is a great move for you and i'm looking forward to all the new stuff you got cooking for 2008 |
Congrats John!
See you in Vegas. |
Congrats to John and the SegPay crew (hi Kristi! :winkwink:) :thumbsup
I think in the next 1-2 years you will start seeing a lot more acquisitions/mergers in our industry :2 cents: |
Wow, very cool ... :) Congratulations!!!
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Sounds like a great acquisition!
Looking forward to see what you guys come up with! :) |
My dear friend Charlie Berrebbi informed me a short time ago about this acquisition and I was thrilled by it, practically jumped out of my chair in excitement for such wonderful people. Too Much Media is an amazing company to be apart of and they have done all of us all a great service by staying honest and professional in all that they do.
My best wishes and hope for more great things to come from everyone of you |
Smart move.. How can I get in? :-)
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how does it effect current segpay customers?
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very nice .. good acquisition
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Congrats to all involved, sounds like a huge more :)
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Sorry, But to even hear the word "Ibill" and any past association with them is enough to say no thanks. I have a 10,277.61 reasons for this. I have every email from them as they promised payment to me. To date... ZERO payout. Cathy might just be a great person... but you know what... she GOT her paycheck. I never got mine.
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Cathy Beardsley, iBill's President, has announced that she will be leaving iBill to pursue other interests. While IBD regrets Cathy's departure we note that she chose both in the interests of iBill's clients and employees to remain at iBill during the very difficult months of uncertainty while IBD evaluated iBill's business. It is largely due to her efforts that IBD was able to feel comfortable in our ability to address iBill's financial issues and complete this acquisition to the benefit of iBill's clients. Over the next 30 days, Cathy will be working with IBD management to ensure the finalization of the First Data reserve release as well as the implementation of the Inteca trusted third party payment program for our European clients. She may also continue to work with iBill on a freelance basis going forward.
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Fuck IBILL ! Fuck SegPAy Fuck Cathy Beardsly !
Fuck anyone who was employed with the former ibill and continued to tell lies to webmasters when they knew the truth! Cathy knew what was going on at ibill and her actions and words led to webmasters losing even more money ! Some say you cant shoot the messenger but in this case we can because the messenger was getting her fucking paycheck every week she sat there and continuted to assure webmasters they would get there money. She got her paycheck for christmas while webmasters got lied to and screwed ! in my eyes anyone who worked at ibill in thepast has the potential to use the same methods to fuck webmasters presently as ibill did in the past.. and got away with it. FUCK IBILL FUCK SEGPAY and FUCK CATHY BEARDSLEY ! |
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Congrats Guys :thumbsup |
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I knew that a post of that nature would happen pretty quickly. |
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No matter where you go... there you are. She was the "Pres" While I was being directly lied to. You are going to sit there and now tell all of us that she has no "power" no "Idea" what was going on? BS. Tell you what, when she cuts me a check from HER earnings running Ibill which, I'm sure was a pretty good paycheck, then I will start to think different. Until then, she is a thief like the rest of the company SHE RAN. |
Further more... It's people like her in my opinion that helped prolong the fraud... yes FRAUD against us and she should be charged along with the rest of them. Im not the only one that thinks so either....
Read this from NEW YORK TIMES. http://www.newyorkdailytimes.com/home.htm?m=ibill Notice the DATE of the report.... She took leadership during the worst of it, and then under her they fleeced us. Simple as that. |
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Congrats John & Charlie on your acquisition - I know you're going to take all the lessons learned from the failure of every other billing company to heart and make sure you're protecting everyones interests. It's great that smaller programs will have another option for billing (which from my understanding their funds are 'better' protected) and which will allow them to get affiliate software in order to bring their program to the next level.
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Congrats on the parntership John and Charlie! Look forward to seeing you guys again!
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Congrats on the new venture ...
PS when you gettin' your boney ass back up to Montreal Charly ??? |
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Congrats to Charlie and John and the crew!
Mitch |
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As you said, Cathy took leadership during the worst of it. She became the face of iBill's downfall even though the events that caused FD to terminate iBill's relationship with them had been set in motion prior to Cathy's taking the position of CEO. She had no idea of the situation when she took the position and could have very easily walked away when she found out what was going on. She chose not to because she hoped she could do something positive for those who were about to lose a lot of money. She did do things for iBill clients that would not have happened had she not been there. For example, $20 million was freed up and paid out to EU merchants during Cathy's time there which most likely would not have been paid out had she not been there. Unfortunately, the US reserves were a lot harder to have distributed. Again, I totally understand your anger and frustration. I had close friends of mine who were screwed by iBill. I know what went on there. It was a shitty thing that happened. Of course Cathy is going to tell you she is doing everything she can to get you paid, she was. Unfortunately she did all she could and that left a lot of people out in the cold and unpaid. That article is from The New York Daily Times, whatever that is, not the New York Times. I have no idea what that is and how respectable it is and therefore I'm not going to comment on the article. Again, I understand your anger and you have every right to be angry. Hopefully one day you'll place that anger where it is deserved, at those who caused iBill to fall as it did and not at those who were the face of iBill when things became public and did everything she could to get as much paid out as possible. |
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You say Fuck a lot :) Again, I understand you being pissed off. Anyone who got screwed over should be. Cathy did know what was going on and she chose to stay there and try to do as much as she could to fix it. She could have easily walked away and maybe she would have been better off doing so. However, she feels she shouldn't have and says even if she knew how people would look at her after all of it she still wouldn't have. She knows she got more people paid than would have been if she wasn't there. if you don't have confidence that your money will be safe with TMMSegPay then I would not expect you to use it. If after you see how the new company is run you do one day, we will be happy to work with you. |
Hmm interesting. Would be great if ppl who use TMMsegpay, can have TMMsegpay the individual affiliates(as stated aerlier) And even better of they can merge accounts...
Maybe I misread it, but is there a date you want this all going live? Like an ETA? |
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