|
A few thoughts on this guys.
First i think if iBill is cutting staff clearly that shows they are having liquidity problems. But keep this in mind, iBill had like 160 something staff members the last I heard. Back in the days when they use to process the same volume pre intercept days they ran it with 60 something staff members. I heard the staff reductions were imminent over there and I feel badly for the staff that were cut loose without notice. There were alot of good people at iBill and more than a few of them can probably say that I personally put them through the SCORE interrogation/meat grinder over the years and I hope they won't hold that against me. Just trying to get higher performance from you guys.
This ship is showing all the signs of taking on water. If you are with iBill and have not secured a new processing plan as a backup then you would be a fool to not do it immediately. In fact many would argue your already in a situation where you might not be able to process sometime in the near future. Honestly anyone running paysites that does not have backup processing running declines is leaving money on the table, but thats another issue.
Eurocharge seems to me to be a former iBill staffer. My guess its Edward Cherry. Edward left iBill in bad terms so take that for what its worth on intentions for his posting. Not that I necessarily disagree with alot of what he has said on Xbiz but knowing who is the man behind the posts sometimes gives them alot more meaning.
__________________
|