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Old 12-28-2005, 11:11 AM  
TheLegacy
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Join Date: Apr 2003
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Quote:
Originally Posted by webmeister
Andrew is doing his best to get us Webmasters paid what is owed. What we need to do in return is to send new business to Ibill so that they can generate enough revenue to pay us. Rob Peter to pay Paul? Perhaps. Just as long as us "Peters" get paid, who cares? One hand washes the other.

Every time you put down Ibill, you are only hurting yourselves.

See you in Las Vegas everyone!

hurting ourselves? NEVER not if no one ever uses you again !! and dont you take any responsibility for hurting webmasters? and dont you take any responsibility for not paying bills and monies owed even on recent contracts?

WTF business attitude is that where you rob pay to pay peter?? thats illegal and exactly what MLM and scammers do before being nailed for fraud. You cant take money from one client, then pay another while taking it for yourself - its a downward spiral until eventually the result in that no one can pay anyone.. and guess what.. IBill is in that position now.

The technical term is called The Ponzi scheme

The Ponzi scheme works on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors, and to maintain the lifestyle of the perpetrator, until the whole scheme collapses. Profits are never created because there is no underlying investment.

It is named after Carl Ponzi, the man who, in the 1920s, swindled thousands of New England investors using the method.


YOU ADMIT TO DOING SOMETHING ILLEGAL
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