Years ago a processing company called Ibill swindled web-masters and affiliates out of more than 33 million $ of their hard earned money.
They knew First Data was closing their merchant account six months before it was closed, yet did nothing to get a new one. They left it too late and tried legal action to make First Date give them more time. They lost that action and webmasters lost millions, their homes their families their lives. The 33 million was never paid back to web-masters or their affiliates
Now a ex IBILL employee
Jonas Brown, Director of Business Development of the old IBILL has started up IBILL again. To gain your trust he is doing exactly what the old Ibill did, "
Send us a copy of your worthless promissory note and we will exchange it for stock in iBill at 1.00 per share. This is just our way of trying to make something out of nothing. We will be sending out the PPM on Sept 1, 09 as well as the certificates. Why not, it is free?"
Why exchange one useless piece of paper for another ?
In one of his post on GFY he stated he would answer any questions, to this date he has not responded to one on GFY
There are at least two good reliable companies online CCBILL and Epoch that are trusted, have been around way longer than IBILL, have better webmaster tools, more reliable software and are honest ! Don't be fooled by offers of low commission rates, short term hold backs etc they never last and are only made to get you to open an account.
Here is a link to a site that has more details on Ibill and what they did to web-masters
http://www.ibill-sucks.com This makes for some interesting reading
Whois details
Jonas Brown
10640 E Bethany Dr
Aurora, Colorado 80014
Hosting is Texas - San Antonio - Macquarie Bank.