Quote:
Originally Posted by POed-poster
What kind of stock was he offering? The kind you can actually go out and dump the next day, or the worthless kind you can't do anything with that most lowlife companies offer?
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Stock in their own company..
Quote:
Originally Posted by iBill
Even though we don’t have the funds to cover the notes that the old iBill owners issued, we want to do what we can to make good in this deal.
Here is what we are offering to anyone who was with iBill in the past to try to earn your business back.
1. 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?
2. We are going to offer a 5% per transaction fee with a 5% 6 month reserve
for a period of 6 months.
3. No VISA fees, we pay for the filings.
If you have any questions or comments about this offer please post here or you can email me directly at [email protected].
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Whether the stock is worth anything is besides the point, why the fuck are they trying to compensate anything if they're an entirely different company? Sounds like a guilty conscious to me.