Quote:
Originally posted by Krome
ok this is what happened. Up untill mid November we were fine. I when out had shit loads of content shot across the UK and Europe. Then bang the main processor we were using stopped paying. The checks which should have been in the thousands were coming to us in the hundreds. We could virtually not pay our hosting bills or any other bills for that matter. We have been on the phone a few times per week asking where our money is. We had the checks cut and ready to go but no money coming in what so ever. All the money we had been issued had been used up doing more shoots. The idea was to launch a new site every week. All niche content. I had paid out for new members area designs which www.adultgalleryservice.com can verify and new tours from www.xxxdesign.co.uk we had a ton of other non porn star based sites ready to rock and roll:
www.badukbang.com www.badgangbang.com www.badblackbang.com etc these arent even opened yet as the bottom line is this we just run out of cash due to the processor not paying. I spoke with the rep at the billing company today and asked why the checks were a tenth of what we should have had. They have assured us that all bills will be settled to us by the 15th of this month. When that happens we will send the checks. The bottom line is this untill we get paid we can not issue the checks..they will bounce. Alot of checks for smaller amounts when out as the billing company that dispatches them in the US got paid direct by our other billing company.
Do you really think with the amount of new sites we have ready to go that we want to fuck with the people that 'feed' us. Of course not. What is the point in having 35 kick arse sites when no surfer can find them.
All I ask is that you wait untill the end of this month. If I do not pay my top affiliates can take a site each.
I think that is more than fair.
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Didn't you ahve any money set aside in case a situation like this may arise?
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