Quote:
Originally Posted by Gerco
Honestly, It's not a matter of understanding at this point. John, Nothing against you in any way, I think you understand my points here. Where is Cathy? Your CEO now, that makes her your employee now, but I have not see anywhere where she has come and defended herself. All I ever see, and all I have ever SEEN is her hiding behind ambiguous press releases or other people speaking for her.
All you really say is she "took control at a bad time" blah blah... She was a VP with Ibill before she took control... you don't think she knew EXACTLY what was going on? You want me to believe she took control of Ibill blind? I tend to believe she milked Ibill for her 250,000 (I get the 250,000 from another board where this has also been discussed, and that amount may or may not be correct. I can't seem to find any of Ibills actually CEO payout records. I'm sure someone can located them and correct me if the information I have seen is wrong) and once saw that she was not going to steal any more money off us, jumped ship.
She was Captain of a sinking ship and let all the passengers drown while she took there money. How do you think this is going to be looked at?
I would really like to see HER come into this thread and explain her actions.. not at some convention where everyone is high fiving over free beer.
Now, after having said that, I personally wish you all the luck in the world in your new venture. If a stable trust-worthy billing solution came out of this then it would be nothing but good news for everyone.
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I don't think Ronin's comments were directed at you. You present your points professionally and have a reason to make them. I do understand your point and as I have said I expect you to be cautious if you were screwed by iBill, you'd be wrong if you weren't.
You really summed up one of the main problems with this whole situation in your post. You're taking information you heard from people who have no clue about the situation, just some anger and hatred, and taking it as fact. This industry has a lot of people who think its ok to push people's buttons, trash people, make up rumors, etc. just for fun. Then people take what they say and run with it.
Cathy took no where near $250k as CEO of iBill. Her compensation was much lower than that and she has said many times she would gladly give all of it back if it would make people realize she wasn't there to profit off their losses. Would that really make you feel better if she did so?
Thank you for the kind words also. We're all here to build something good for this industry and we understood going in that some people would have a problem with it because of what happened at iBill. We wouldn't have done the deal if we weren't confident that over time people would realize who the good & bad people at iBill were. We know that will take some time, and that is only fair to those who suffered losses.