Dear Jonas Brown/iBill,
How about instead, you simply pay me the $30,000+ worth of sales that I made using your billing system.
If you do, I won't even hold you accountable for the lost rebills and other major costs that I incurred because of iBill's lies and incompetence.
If that is asking to much, then at least have the decency to explain who actually took the money I earned (people paid for my product and I delivered it, even though iBill screwed me over), and why they have any right not to pay me the money which they were only the processor for.
Correct me if I'm wrong, but there appears to me to have been some major breach of fiduciary responsibility and somebody should be held accountable.
In Laymen's terms, I spent money to build and promote my websites - many people paid money to join my sites, and iBill collected the money on my behalf, and was supposed to forward me the balance after subtracting their fees. Somebody kept the money my Members intended to pay to me, since I paid lots of money, and invested lots of my time, to create and promote the content which they downloaded and enjoyed.
I delivered the product which my Members (customers) paid for, but somebody kept more than just the fees - in my view, they stole my money.
Jonas Brown, before anyone should trust you or iBill, I think that you/iBill should explain where my money is, and the money of many other webmasters is, whom were ripped off the same way I was.
Your proposal as stated comes off as just another totally self-serving scam and con job, like the original promissory notes.
If you want to do some good, and get people back on your side, then either sue the bastards that ripped us off and get our money back, or tell us who to sue and how to sue the people that took our hard earned money.
Whenever I hear the names Daniel Staton, Steve Markley or Gary Spaniak Jr, all I hear is liar, scammer, thief and other less civil words.
Add Marc Bell of the Bell/Staton Group (later PMGI, Penthouse, and AFF / Adult Friend Finder to that list.
ADG