DEERFIELD BEACH, Fla. ? Media holding company Interactive Brand Development Inc., formerly known as Care Concepts, has called off its acquisition of beleaguered third-party billing company iBill, according to company filings obtained by XBiz.
http://xbiz.com/news_piece.php?id=6489
There are more details in this proxy statement
http://www.sec.gov/Archives/edgar/da...ractive_s3.txt
Can someone explain all this in english to me (I'm not looking for the usual ibill sucks, im looking for clairification as to whats really going on)
Seems like theres alot of backroom deals going on involving the ownership of ibill.
