Too Much Media Acquires Equity Stake in Segregated Payments Ltd. - Page 4 - GoFuckYourself.com

The Ghost · 12-13-2007, 12:58 AM

Congratulations guys! And very much looking forward to V 4.0

ronin · 12-13-2007, 01:43 AM

Quote:

Originally Posted by PBucksJohn

I'm done saying the same thing over and over again to a few people. If you don't like it, don't use it. It is as simple as that.

well said...

some people just don't understand...

TMM_John · 12-13-2007, 10:44 AM

Quote:

Originally Posted by The Ghost

Congratulations guys! And very much looking forward to V 4.0

Thanks. Anyone in Vegas for Internext will be able to fully see what v4 can do. The new features are absolutely amazing.

Calvinguy · 12-13-2007, 11:07 AM

Quote:

Originally Posted by PBucksJohn

About Segregated Payments ? Based in Cyprus

What jurisdiction is the company under?

Gerco · 12-13-2007, 11:20 AM

Quote:

Originally Posted by ronin

well said...

some people just don't understand...

Honestly, It's not a matter of understanding at this point. John, Nothing against you in any way, I think you understand my points here. Where is Cathy? Your CEO now, that makes her your employee now, but I have not see anywhere where she has come and defended herself. All I ever see, and all I have ever SEEN is her hiding behind ambiguous press releases or other people speaking for her.

All you really say is she "took control at a bad time" blah blah... She was a VP with Ibill before she took control... you don't think she knew EXACTLY what was going on? You want me to believe she took control of Ibill blind? I tend to believe she milked Ibill for her 250,000 (I get the 250,000 from another board where this has also been discussed, and that amount may or may not be correct. I can't seem to find any of Ibills actually CEO payout records. I'm sure someone can located them and correct me if the information I have seen is wrong) and once saw that she was not going to steal any more money off us, jumped ship.

She was Captain of a sinking ship and let all the passengers drown while she took there money. How do you think this is going to be looked at?

I would really like to see HER come into this thread and explain her actions.. not at some convention where everyone is high fiving over free beer.

Now, after having said that, I personally wish you all the luck in the world in your new venture. If a stable trust-worthy billing solution came out of this then it would be nothing but good news for everyone.

Kimmykim · 12-13-2007, 11:36 AM

Quote:

Originally Posted by ronin

well said...

some people just don't understand...

Oh boy...

TMM_John · 12-13-2007, 11:50 AM

Quote:

Originally Posted by Gerco

Honestly, It's not a matter of understanding at this point. John, Nothing against you in any way, I think you understand my points here. Where is Cathy? Your CEO now, that makes her your employee now, but I have not see anywhere where she has come and defended herself. All I ever see, and all I have ever SEEN is her hiding behind ambiguous press releases or other people speaking for her.

All you really say is she "took control at a bad time" blah blah... She was a VP with Ibill before she took control... you don't think she knew EXACTLY what was going on? You want me to believe she took control of Ibill blind? I tend to believe she milked Ibill for her 250,000 (I get the 250,000 from another board where this has also been discussed, and that amount may or may not be correct. I can't seem to find any of Ibills actually CEO payout records. I'm sure someone can located them and correct me if the information I have seen is wrong) and once saw that she was not going to steal any more money off us, jumped ship.

She was Captain of a sinking ship and let all the passengers drown while she took there money. How do you think this is going to be looked at?

I would really like to see HER come into this thread and explain her actions.. not at some convention where everyone is high fiving over free beer.

Now, after having said that, I personally wish you all the luck in the world in your new venture. If a stable trust-worthy billing solution came out of this then it would be nothing but good news for everyone.

I don't think Ronin's comments were directed at you. You present your points professionally and have a reason to make them. I do understand your point and as I have said I expect you to be cautious if you were screwed by iBill, you'd be wrong if you weren't.

You really summed up one of the main problems with this whole situation in your post. You're taking information you heard from people who have no clue about the situation, just some anger and hatred, and taking it as fact. This industry has a lot of people who think its ok to push people's buttons, trash people, make up rumors, etc. just for fun. Then people take what they say and run with it.

Cathy took no where near $250k as CEO of iBill. Her compensation was much lower than that and she has said many times she would gladly give all of it back if it would make people realize she wasn't there to profit off their losses. Would that really make you feel better if she did so?

Thank you for the kind words also. We're all here to build something good for this industry and we understood going in that some people would have a problem with it because of what happened at iBill. We wouldn't have done the deal if we weren't confident that over time people would realize who the good & bad people at iBill were. We know that will take some time, and that is only fair to those who suffered losses.

Sebastian Sands · 12-13-2007, 11:57 AM

Are you offering any deals on the new NATS version during Internext?

Sebastian

TMM_John · 12-13-2007, 12:03 PM

Quote:

Originally Posted by Sebastian Sands

Are you offering any deals on the new NATS version during Internext?

Sebastian

All NATS clients who lease or those with an outright license and a support contract will be updated to v4 for free.

We will almost definitely offer some sort of show special for those in attendance, however as of the show v4 will still be in beta so installs may be done on v3 depending on how the beta is going.

Gerco · 12-13-2007, 12:14 PM

Quote:

Originally Posted by PBucksJohn

I don't think Ronin's comments were directed at you. You present your points professionally and have a reason to make them. I do understand your point and as I have said I expect you to be cautious if you were screwed by iBill, you'd be wrong if you weren't.

You really summed up one of the main problems with this whole situation in your post. You're taking information you heard from people who have no clue about the situation, just some anger and hatred, and taking it as fact. This industry has a lot of people who think its ok to push people's buttons, trash people, make up rumors, etc. just for fun. Then people take what they say and run with it.

Cathy took no where near $250k as CEO of iBill. Her compensation was much lower than that and she has said many times she would gladly give all of it back if it would make people realize she wasn't there to profit off their losses. Would that really make you feel better if she did so?

Thank you for the kind words also. We're all here to build something good for this industry and we understood going in that some people would have a problem with it because of what happened at iBill. We wouldn't have done the deal if we weren't confident that over time people would realize who the good & bad people at iBill were. We know that will take some time, and that is only fair to those who suffered losses.

Yes, I know that a lot of what people are saying is based on hearsay. That is mainly because of all the misinformation we have been feed over the years with this issue. I have never seen anything from the Ex CEO's of Ibill that clearly states anything. So as a group of webmasters we are left to the information that IS out there.. the press releases, the personal dealings and the losses. It's very true that there is information out there that is incorrect, All I'm asking is for it to BE corrected. I really still would like to see Cathy make an actual written statement with the facts in her own words. I really don't see why that's asking to much.

The sad thing... The loss I took from Ibill was one of the direct reasons I couldn't buy NATS at the time. Yes there where some other issues, mostly related to my technical inexperience, But the money crunch that the Ibill issue put me into was what ultimately ended that whole project.

CC · 12-13-2007, 12:31 PM

Well I guess I still won't be getting my 20K from ibill/whoever back. Oh yeah I'm bitter.

TMM_John · 12-13-2007, 12:51 PM

Quote:

Originally Posted by Gerco

Yes, I know that a lot of what people are saying is based on hearsay. That is mainly because of all the misinformation we have been feed over the years with this issue. I have never seen anything from the Ex CEO's of Ibill that clearly states anything. So as a group of webmasters we are left to the information that IS out there.. the press releases, the personal dealings and the losses. It's very true that there is information out there that is incorrect, All I'm asking is for it to BE corrected. I really still would like to see Cathy make an actual written statement with the facts in her own words. I really don't see why that's asking to much.

The sad thing... The loss I took from Ibill was one of the direct reasons I couldn't buy NATS at the time. Yes there where some other issues, mostly related to my technical inexperience, But the money crunch that the Ibill issue put me into was what ultimately ended that whole project.

Hopefully one day a statement can be put out about exactly what happened iBill. That is up to Cathy. You have to understand she may be nervous to point fingers people. It is one thing for her to talk about what she did, it is another thing for her to talk about what others did.

If it was financial trouble that kept you from NATS you should have let us know, we would have been more than happy to help you out and we still would be today.

tony286 · 12-13-2007, 01:00 PM

Quote:

Originally Posted by PBucksJohn

I don't think Ronin's comments were directed at you. You present your points professionally and have a reason to make them. I do understand your point and as I have said I expect you to be cautious if you were screwed by iBill, you'd be wrong if you weren't.

You really summed up one of the main problems with this whole situation in your post. You're taking information you heard from people who have no clue about the situation, just some anger and hatred, and taking it as fact. This industry has a lot of people who think its ok to push people's buttons, trash people, make up rumors, etc. just for fun. Then people take what they say and run with it.

Cathy took no where near $250k as CEO of iBill. Her compensation was much lower than that and she has said many times she would gladly give all of it back if it would make people realize she wasn't there to profit off their losses. Would that really make you feel better if she did so?

Thank you for the kind words also. We're all here to build something good for this industry and we understood going in that some people would have a problem with it because of what happened at iBill. We wouldn't have done the deal if we weren't confident that over time people would realize who the good & bad people at iBill were. We know that will take some time, and that is only fair to those who suffered losses.

She would gladly give it back great, where do I send my address for her in send me a check for 13 grand.

tony286 · 12-13-2007, 01:01 PM

Quote:

Originally Posted by ronin

well said...

some people just don't understand...

If you didnt get fucked out of money guess your the one that doesnt understand.

TMM_John · 12-13-2007, 01:06 PM

Quote:

Originally Posted by tony404

She would gladly give it back great, where do I send my address for her in send me a check for 13 grand.

So she is supposed to pick you to pay out of her paycheck over all of the other people iBill screwed over?

tony286 · 12-13-2007, 01:11 PM

Quote:

Originally Posted by PBucksJohn

So she is supposed to pick you to pay out of her paycheck over all of the other people iBill screwed over?

You said : "she has said many times she would gladly give all of it back if it would make people realize she wasn't there to profit off their losses. Would that really make you feel better if she did so?"

So I figure ask first get first. lol I was also was the most fucking loyal and took mountains of public bullshit defending those sorry scumbags.So if there was a list I would deserve a place close to the top lol If this is starting to annoy you then dont start a thread asking for feedback.

CC · 12-13-2007, 01:14 PM

Quote:

Originally Posted by tony404

You said : "she has said many times she would gladly give all of it back if it would make people realize she wasn't there to profit off their losses. Would that really make you feel better if she did so?"

So I figure ask first get first. lol I was also was the most fucking loyal and took mountains of public bullshit defending those sorry scumbags.So if there was a list I would deserve a place close to the top lol If this is starting to annoy you then dont start a thread asking for feedback.

I'm in line right behind ya

I think people who weren't personally ass-raped by iBill just don't get it, if you know what I mean.

tony286 · 12-13-2007, 01:31 PM

Quote:

Originally Posted by CC

I'm in line right behind ya

I think people who weren't personally ass-raped by iBill just don't get it, if you know what I mean.

Definitely do and I will never forget.

TMM_John · 12-13-2007, 02:51 PM

Quote:

Originally Posted by CC

I'm in line right behind ya

I think people who weren't personally ass-raped by iBill just don't get it, if you know what I mean.

As I've said, I totally understand your hatred for iBill. Friends of mine were put out of business by what they did.

All I am saying is that your hatred should be directed at those who left iBill with millions of dollars of your money. Not directed at Cathy who tried to do all she could to get as many people paid as she could while publicly taking the fall for iBill as CEO while making her measly salary.

Brujah · 12-13-2007, 05:01 PM

Quote:

Originally Posted by Snake Doctor

Nothing against you Albright, but isn't this a conflict of interest?

You already own paysites (so I heard, correct me if I'm wrong) and now you own part of a billing company, and you have access to the proprietary data of alot of your competitors (the ones who use NATS)

I could be wrong but it seems like there's lots of room for conflicts of interest there.

It's only dangerous to people who still use NATS, right? Would require a hell of a lot of trust for anyone to keep using NATS. TMM is the new Google!

TMM_John · 12-13-2007, 05:05 PM

Quote:

Originally Posted by Brujah

It's only dangerous to people who still use NATS, right? Would require a hell of a lot of trust for anyone to keep using NATS. TMM is the new Google!

Are you saying we shouldn't be trusted?

Brujah · 12-13-2007, 07:05 PM

Quote:

Originally Posted by PBucksJohn

Are you saying we shouldn't be trusted?

No. I said it would require a hell of a lot of trust now, to use NATS for obvious reasons.

TMM_John · 12-13-2007, 07:08 PM

Quote:

Originally Posted by Brujah

No. I said it would require a hell of a lot of trust now, to use NATS for obvious reasons.

And hundreds of programs have put that trust in us and do not regret it.

If we were to do anything shady with anyone's data it would become obvious very quickly and mean the end of Too Much Media.

I don't see how more trust is required now than was say a month ago. Perhaps you could explain that to me.

MarkTiarra · 12-13-2007, 07:13 PM

I crawled out from the cave I work in and heard the news. Congrats!!!

dig420 · 12-13-2007, 07:19 PM

John has my complete confidence, and I've known him since he was on my payroll years back. You can believe that he will run things the right way, and EVERYONE involved will make money.

MarkTiarra · 12-13-2007, 07:42 PM

Quote:

Originally Posted by PBucksJohn

You really summed up one of the main problems with this whole situation in your post. You're taking information you heard from people who have no clue about the situation, just some anger and hatred, and taking it as fact. This industry has a lot of people who think its ok to push people's buttons, trash people, make up rumors, etc. just for fun. Then people take what they say and run with it.

That about sums up a good three quarters of what happens on boards. It's often as bad as the famous debate between Ceasar and Marcus. I don't know if people just enjoy drama and conspiracy more than facts or what but I guess when most of us are stuck working in these very sequestered environments our version of office gossip and drama gets played out on forums instead of with real live people around us.

What I can say is I've been involved in three significantly sizable projects in the last five years that have all trusted NATS and never felt the worse for it. We all put our trust in each and every billing company we work with (and I have lost TONS because of the likes of DMR and others that died) and when you aren't collecting your customer's information yourself then you are committing a HUGE act of trust working with ANY third party biller. I for one am excited about what cool things they'll be able to do by marrying two things that should go together like PB & J and I'm very happy for everyone that they have worked out this deal.

After Shock Media · 12-13-2007, 07:56 PM

Few small points and then I am done, feel free to answer or ignore personally I no longer care that much.

1. For those of us for whatever reason can not attend Vegas as intended what are we supposed to do, go by more second hand so and so said this BS and bought me dinner crap? Where is your employee now and why can she not address the rest of us in this or another thread. Hell even a fucking I am sorry email would of been nice.

2. Yes it is a conflict of interest but again that's all about trust right? So you have me there, though still wanted to stress this opinion.

3. There are at least two former ibill employee's with segpay or sorry tmmsegpay, are there any others and if so whom?

4. Since it has been brought up a few times, do not like it do not do not use it. Will TMM-nats be providing an updated list of affiliate programs that are using tmmsegpay? Specially those that are having tmmsegpay issue checks for them on their behalf. That way I can choose whom not to do business with as you suggest?

5. Why not have bypassed this drama all together and either started your own processing company or better yet did the right thing and shit canned everyone who previously was employed by ibill and hire new staff and people to run it?

TMM_John · 12-13-2007, 08:00 PM

Quote:

Originally Posted by After Shock Media

Few small points and then I am done, feel free to answer or ignore personally I no longer care that much.

1. For those of us for whatever reason can not attend Vegas as intended what are we supposed to do, go by more second hand so and so said this BS and bought me dinner crap? Where is your employee now and why can she not address the rest of us in this or another thread. Hell even a fucking I am sorry email would of been nice.

2. Yes it is a conflict of interest but again that's all about trust right? So you have me there, though still wanted to stress this opinion.

3. There are at least two former ibill employee's with segpay or sorry tmmsegpay, are there any others and if so whom?

4. Since it has been brought up a few times, do not like it do not do not use it. Will TMM-nats be providing an updated list of affiliate programs that are using tmmsegpay? Specially those that are having tmmsegpay issue checks for them on their behalf. That way I can choose whom not to do business with as you suggest?

5. Why not have bypassed this drama all together and either started your own processing company or better yet did the right thing and shit canned everyone who previously was employed by ibill and hire new staff and people to run it?

Based on my past experience with you, I'm sorry, but I'm not going to sit here and argue with you.

After Shock Media · 12-13-2007, 08:09 PM

Quote:

Originally Posted by PBucksJohn

Based on my past experience with you, I'm sorry, but I'm not going to sit here and argue with you.

Was not asking for an argument.

As for "our past experience" damn man. One issue I had about the old default way nats did the installs that accidentally killed off past affiliate referrals? That is about the only issue I can even begin to think of between us? Hell I thought that was done and over with.

Though this was not an issue when I was solicited with advertising on your board. Nice simple way to say fuck you. Fine by me, like I said feel free to answer or ignore.

TMM_John · 12-13-2007, 08:17 PM

Quote:

Originally Posted by After Shock Media

Few small points and then I am done, feel free to answer or ignore personally I no longer care that much.

1. For those of us for whatever reason can not attend Vegas as intended what are we supposed to do, go by more second hand so and so said this BS and bought me dinner crap? Where is your employee now and why can she not address the rest of us in this or another thread. Hell even a fucking I am sorry email would of been nice.

2. Yes it is a conflict of interest but again that's all about trust right? So you have me there, though still wanted to stress this opinion.

3. There are at least two former ibill employee's with segpay or sorry tmmsegpay, are there any others and if so whom?

4. Since it has been brought up a few times, do not like it do not do not use it. Will TMM-nats be providing an updated list of affiliate programs that are using tmmsegpay? Specially those that are having tmmsegpay issue checks for them on their behalf. That way I can choose whom not to do business with as you suggest?

5. Why not have bypassed this drama all together and either started your own processing company or better yet did the right thing and shit canned everyone who previously was employed by ibill and hire new staff and people to run it?

We'll see if it turns into an argument or not

1. She isn't here because I'm not going to put her out there to be attacked by people who have no idea what they are talking about.

2. I don't see how us owning NATS and an interest in a billing solution is a conflict of interest for our customers, if you can, please explain it to me.

3. There are a few, I am not going to list names here for people to attack with rumors they heard from other people and things they've made up. I'd be happy to share them with you in private.

4. No, we will not be telling people who our clients use for their processing. I won't reveal my clients' info to anyone. You are welcome to attempt a join and find out any public info on it yourself.

5. That is a business decision. I do not feel the need to discuss or qualify my reasoning for my business decisions on a public forum.

After Shock Media · 12-13-2007, 08:53 PM

Quote:

Originally Posted by PBucksJohn

We'll see if it turns into an argument or not

1. She isn't here because I'm not going to put her out there to be attacked by people who have no idea what they are talking about.

2. I don't see how us owning NATS and an interest in a billing solution is a conflict of interest for our customers, if you can, please explain it to me.

3. There are a few, I am not going to list names here for people to attack with rumors they heard from other people and things they've made up. I'd be happy to share them with you in private.

4. No, we will not be telling people who our clients use for their processing. I won't reveal my clients' info to anyone. You are welcome to attempt a join and find out any public info on it yourself.

5. That is a business decision. I do not feel the need to discuss or qualify my reasoning for my business decisions on a public forum.

1.Yet a convention is ok?
2. Said I was not going to argue this. It has been pointed out and as you said it boils down to trust.
3. I along with many others are VERY concerned since well you know.
4. Your company, your call. Though you know damn well I will not know shit unless I go through cascade or get a check.
5. You made the announcement, pardon the question.

jimb · 12-13-2007, 08:54 PM

All the other drama aside, this is my take on the whole situation:

The guys from TMM are really making some big moves in the industry and I applaud them for it. They are quickly becoming a one stop shop, and I can see why some people on the boards and in private might feel alittle threatened. With the addition of their own in house billing solutions they can bring their NATS Affiliate System software even further than it is right now.

If they take some of the new knowledge from SegPay and apply that into their affiliate software they are then at a point where their code can now support an internal gateway system. That would in turn lead to supporting transaction processing for private merchant account affiliate programs (and that is a growing amount of affiliate programs). Someone like SegPay already has the software designed, tested and perfected to fully support recurring billing in a CISP Compliant environment. It then requires affiliate programs to get PCI Complaint before they can satisfy VISA/MC Regulations to run their own gateway. You can now imagine the savings that an affiliate program could make when they can cut their third party gateway provider (as they mostly charge on a per-transaction system) and process their transactions through their own gateway directly built into NATS (locally hosted on the affiliate program's directly owned/leased equipment) and directly supported by TMM.

In regards to the third party biller situation, I would suggest that anyone who has their doubts just not use the company. If your happy with your current processor then why leave? However, I can see that TMM and Segpay have hatched out a plan very similar to the one that Epoch and Mansion did, so this announcement is not a surprise to me.

Jim

TMM_John · 12-13-2007, 08:59 PM

Quote:

Originally Posted by After Shock Media

1.Yet a convention is ok?
2. Said I was not going to argue this. It has been pointed out and as you said it boils down to trust.
3. I along with many others are VERY concerned since well you know.
4. Your company, your call. Though you know damn well I will not know shit unless I go through cascade or get a check.
5. You made the announcement, pardon the question.

1. There are many people on this board who aren't even in the industry and those who treat it as a hobby rather than a business. They can be very nasty. People at a show are usually taking things much more seriously and realize they are talking to a human being. The keyboard warrior, I'm going to see if I can make you cry thing goes away pretty quickly face to face. That is the difference.

2. Agreed

I just don't see any conflict of interest for our clients by us owning a processing company. No one will explain it to me. I understand some people may have a concern with my owning sites, but that is something that as we've both said comes down to trust. However, I just don't see a conflict of interest of our clients out of us owning a processing company. Hopefully soon someone can explain that to me.

3. I understand and I'd be happy to discuss it with anyone away from here

4. I can't go around giving out our clients info.

They are more than welcome to tell you.

5. Yes, an announcement. I have no problem discussing facts but I'm not going to start qualifying "why" I make the business decisions I do in a public forum

tony286 · 12-13-2007, 09:01 PM

Quote:

Originally Posted by After Shock Media

1.Yet a convention is ok?
2. Said I was not going to argue this. It has been pointed out and as you said it boils down to trust.
3. I along with many others are VERY concerned since well you know.
4. Your company, your call. Though you know damn well I will not know shit unless I go through cascade or get a check.
5. You made the announcement, pardon the question.

I can see the convention, we all know for the most part people are tough here but pussycats in person so its safe for them.Shit ibill(after not paying), acacia ,.xxx people all went to conventions and a riot wasnt started. As far as him thinking he knows what really happened I doubt that. He was told a nice story he embraced it. I wish him the best.
Again if its annoying dont ask for feedback.

localG · 12-13-2007, 10:26 PM

John and Charlie as one of the first people to have purchased NATS I want to say congrates to all your success man. Im sure as always you guys will provide webmasters with the best possible solution you can.

For those of you that question Kathy I have something to say.

I know I was one of the top 100 biggest losers with the whole Ibill thing.
For someone like me its pretty hard to swallow when you wake up on Sept 18th 2004 and find out that you have well over 100k a month in rev. gone.

Now I'm not sure how many of you actually spoke to Kathy during this time. I did, I flew to Florida and sat with this lady. Trust me it took a huge amount of guts on her part to allow the armed guards to let me in. The amount I lost from this whole thing cost me millions in future rev. Fact is she sat down with me and spoke with me. From what I saw this lady had something thrown in her lap that was way beyond anything she had to do with. She was sincere and confused just like the rest of us. She stood by the job she had just like any of you would do if you bills to pay. I do not know many people who just walk away from a paycheck. Fact is if I was her and making a check I would have tried my best to help as many people as I could. I don't think i would have abandoned ship either and respect her for attempting to help us out.

She was passionate and actually seemed like she cared. Could she help me ? hell no there was not helping many of us. Alot of the ibill guys and gals were great people and I personally don't think many of them saw what was coming.

I walked away from the adult biz 3 years ago with a huge amount of distaste for the industry and a lot of the people I thought were friends. Alot of shit happened in 2004 but Kathy would be the last person on my "IF I WAS TOLD I WOULD DIE IN 10 DAYS WHO WOULD I PAY BACK LIST"

They have built a great thing with NATS and it has made all of us alot of money and I would say 100% that John and Charlie made this move in the best interest of you all. Oh and of course to make money as thats the only reason you all are here.

Hope some of you fuckers are doing well and hope some of you fuckers get hit by a truck

TampaToker · 12-13-2007, 11:08 PM

John, I am not here to flame you but ask a serious questions that concerns me. You have said numerous times in this thread that Cathy is a great person and it wasn't her fault what happened at ibill. John, how do you know this? I think it is safe to assume that only Cathy and other VP's and the owner where the only people that really knew what was going on. How do you know? You keep telling people that they are wrong about her, but can you give us something more factual? Are you going by her word, and what she told you or her friends told you? I just don't get it. If you have proof she is a good person and did no wrong then please post it. If not please tell us why you are so sure that she was not the cause of ibills problems and she didn't know what was going on.

It concerns me that you are taking her word or one of her friend's words that she was not the cause. That is a lot of faith for you to have if you have no proof. If something bad was to happen with her in charge of the new partnership it would look like you made a bad decission and I am sure you would take a big hit because of it. I know you have a good reputation so you must feel comfortable hiring here. Can you share those reasons with the rest of us?

localG · 12-13-2007, 11:10 PM

Oh ya and I was fishing a month ago up here for tuna with some guys from Florida and one of the guys mentioned a name Garrett Bender to me. Said he is a big time land developer. I almost threw up on the guy. One of my last memories of speaking to him was how well ibill was doing and I should not move transactions to ccbill. That everything was going to be well.

Looks like someone knew more then me and ran away with his money.

http://www.ascotdevelopment.com/abou...Garrett_Bender

Garrett Bender
Garrett Bender is a Principal and co-founder of Ascot Development, LLC (Ascot). Mr. Bender brings experience and skills gained at the highest levels of international business and corporate management to both structured and unstructured organizations. He has guided Ascot through numerous acquisition and sale transactions and now strategically manages Ascot?s land portfolio which is in excess of $350 million. Prior to Ascot, his most recent success occurred at an Internet based company where he served as President and CEO from April 2000 until February 2003. Mr. Bender was engaged to organize and develop the company for acquisition or a public offering opportunity. In less than two years Mr. Bender grew the company from 50 employees to over 400 and increased gross revenues two fold. In addition, he forged the company as a leading brand and was recognized by Forbes as the 5th most visited B2B site on the web. Financially, service revenues grew from $19.1M to $57.1M, transaction volumes increased from 800,000 to 3.4 million while maintaining gross margins at 11.2% and increasing EBITA from $3.4M to $9.1M. Based on this success, the company was acquired for $112M in cash.

Mr. Bender resides in Delray Beach, Florida with his wife Gina and their three children, Quillen, Draper and Olivia.

TMM_John · 12-13-2007, 11:11 PM

Quote:

Originally Posted by TampaToker

John, I am not here to flame you but ask a serious questions that concerns me. You have said numerous times in this thread that Cathy is a great person and it wasn't her fault what happened at ibill. John, how do you know this? I think it is safe to assume that only Cathy and other VP's and the owner where the only people that really knew what was going on. How do you know? You keep telling people that they are wrong about her, but can you give us something more factual? Are you going by her word, and what she told you or her friends told you? I just don't get it. If you have proof she is a good person and did no wrong then please post it. If not please tell us why you are so sure that she was not the cause of ibills problems and she didn't know what was going on.

It concerns me that you are taking her word or one of her friend's words that she was not the cause. That is a lot of faith for you to have if you have no proof. If something bad was to happen with her in charge of the new partnership it would look like you made a bad decission and I am sure you would take a big hit because of it. I know you have a good reputation so you must feel comfortable hiring here. Can you share those reasons with the rest of us?

I've talked to a number of people, friends of hers, not friends of hers, and her on of course many occasions.

I've heard the story of iBill from many angles and I've made my decision about who and what I believe.

I don't know what form of "proof" I could post that she is a good person other than pointing out that other people are bad people which I am not going to do specifically.

I don't see what you think may happen. Are you saying that Cathy stole your money herself? Are you saying that may happen again? What are you concerned may happen exactly?

Rep · 12-14-2007, 12:05 AM

I'll say it again, congratulations on the acquisition John. While I do understand why a lot of people could see this as a conflict of interest on TMM's behalf ask yourself this - have they done anything in this industry but bring integrity to it's most seedy aspects?

MarkTiarra · 12-14-2007, 12:43 AM

On the topic of conflicts of interest: How is NATS and a billing company in conjunction any more a conflict of interest than CCBill offering affiliate software type functions with their own system? It's just a nice combination of services. Kinda like a phone that plays MP3s...

Matt_WildCash · 12-14-2007, 01:46 AM

John Congrats, great to have such a solid company like Too much Media behind Segpay now.

Thomas007 · 12-14-2007, 07:25 AM

Competition on any market is always good for the consumer so it's good with a new biller. I look forward to a merged payout from many different programs.

Be careful with making the program too powerful. I think the Dollars.com project failed because it had too much power. The single point of failure was probably also a part of it.

John, can we get your version of the Ibill saga/story as you see it?

And can you get Cathy to write one which you can post for her here?

I doubt she will have time at Internext to explain the full version to everyone which would like to know.

tony286 · 12-14-2007, 09:18 AM

Quote:

Originally Posted by localG

John and Charlie as one of the first people to have purchased NATS I want to say congrates to all your success man. Im sure as always you guys will provide webmasters with the best possible solution you can.

For those of you that question Kathy I have something to say.

I know I was one of the top 100 biggest losers with the whole Ibill thing.
For someone like me its pretty hard to swallow when you wake up on Sept 18th 2004 and find out that you have well over 100k a month in rev. gone.

Now I'm not sure how many of you actually spoke to Kathy during this time. I did, I flew to Florida and sat with this lady. Trust me it took a huge amount of guts on her part to allow the armed guards to let me in. The amount I lost from this whole thing cost me millions in future rev. Fact is she sat down with me and spoke with me. From what I saw this lady had something thrown in her lap that was way beyond anything she had to do with. She was sincere and confused just like the rest of us. She stood by the job she had just like any of you would do if you bills to pay. I do not know many people who just walk away from a paycheck. Fact is if I was her and making a check I would have tried my best to help as many people as I could. I don't think i would have abandoned ship either and respect her for attempting to help us out.

She was passionate and actually seemed like she cared. Could she help me ? hell no there was not helping many of us. Alot of the ibill guys and gals were great people and I personally don't think many of them saw what was coming.

I walked away from the adult biz 3 years ago with a huge amount of distaste for the industry and a lot of the people I thought were friends. Alot of shit happened in 2004 but Kathy would be the last person on my "IF I WAS TOLD I WOULD DIE IN 10 DAYS WHO WOULD I PAY BACK LIST"

They have built a great thing with NATS and it has made all of us alot of money and I would say 100% that John and Charlie made this move in the best interest of you all. Oh and of course to make money as thats the only reason you all are here.

Hope some of you fuckers are doing well and hope some of you fuckers get hit by a truck

Sorry I disagree, I left a job without another once because I couldnt fuck the customer. She was there before she was CEO she knew the deal. 100k sounds like you were a pretty big player why didnt you go high powered legal? Knew a few who went that way early in the game and got all their money paid to them.

ServerGenius · 12-14-2007, 10:08 AM

Just to make sure I understand this correctly. Kathy was a VP with iBill before
she accepted promotion to CEO and she had no idea what she would get into?
She's accepted an executive function in a company without knowing too much
about the company? That sounds like promoting the mail guy to President just
for catching the punches.

On a positive note....John it seems like you're getting better at biting the
bullet and are able to keep your calm a lot better than a few months ago...

Good Luck on the acquisition I hope you will suprise us in a positive way with
it......time will tell

localG · 12-14-2007, 10:50 AM

Quote:

Originally Posted by tony404

Sorry I disagree, I left a job without another once because I couldnt fuck the customer. She was there before she was CEO she knew the deal. 100k sounds like you were a pretty big player why didnt you go high powered legal? Knew a few who went that way early in the game and got all their money paid to them.

Clearly not as big of player as you with all those posts under your belt. I mean shit you must have made a few million already with that much to say.

How do you know what I did Or did not do?

will76 · 12-14-2007, 11:09 AM

Quote:

Originally Posted by localG

Oh ya and I was fishing a month ago up here for tuna with some guys from Florida and one of the guys mentioned a name Garrett Bender to me. Said he is a big time land developer. I almost threw up on the guy. One of my last memories of speaking to him was how well ibill was doing and I should not move transactions to ccbill. That everything was going to be well.

Looks like someone knew more then me and ran away with his money.

http://www.ascotdevelopment.com/abou...Garrett_Bender

Garrett Bender
Garrett Bender is a Principal and co-founder of Ascot Development, LLC (Ascot). Mr. Bender brings experience and skills gained at the highest levels of international business and corporate management to both structured and unstructured organizations. He has guided Ascot through numerous acquisition and sale transactions and now strategically manages Ascot?s land portfolio which is in excess of $350 million. Prior to Ascot, his most recent success occurred at an Internet based company where he served as President and CEO from April 2000 until February 2003. Mr. Bender was engaged to organize and develop the company for acquisition or a public offering opportunity. In less than two years Mr. Bender grew the company from 50 employees to over 400 and increased gross revenues two fold. In addition, he forged the company as a leading brand and was recognized by Forbes as the 5th most visited B2B site on the web. Financially, service revenues grew from $19.1M to $57.1M, transaction volumes increased from 800,000 to 3.4 million while maintaining gross margins at 11.2% and increasing EBITA from $3.4M to $9.1M. Based on this success, the company was acquired for $112M in cash.

Mr. Bender resides in Delray Beach, Florida with his wife Gina and their three children, Quillen, Draper and Olivia.

LOL i love how they fail to mention the company's name. " internet company " Classic.

Kimmykim · 12-14-2007, 11:11 AM

Quote:

Originally Posted by PBucksJohn

2. I don't see how us owning NATS and an interest in a billing solution is a conflict of interest for our customers, if you can, please explain it to me.

If you cannot see how owning a company that collects data for clients, and also owning a company that uses the same data that you are collecting for clients using a competing processor is a conflict of interest, then you need to have your eyes checked, in my opinion.

What is to stop some rogue employee from either SEGPAY or NATS from figuring out a way to misuse the information that you potentially have access to from these clients?

Trust you, you say. That is fine. No one is saying that you are untrustworthy. As I told you in icq, this is not personal and has no bearing (on my part) as to whether or not I like you and Charlie. This is a simple matter that a Business Ethics 101 class would dispose of in a single sitting.

If CCBill or Epoch were to start running websites tomorrow, I would be the first person to say it was a conflict. If they decided to start a NATS type program that they were offering to sites not using them for processing, I would find that to be a conflict as well, and would have no problem saying so publicly.

One last time, nothing personal, just an evaluation of the situation as I see it from my chair.

TMM_John · 12-14-2007, 11:22 AM

Quote:

Originally Posted by Kimmykim

If you cannot see how owning a company that collects data for clients, and also owning a company that uses the same data that you are collecting for clients using a competing processor is a conflict of interest, then you need to have your eyes checked, in my opinion.

What is to stop some rogue employee from either SEGPAY or NATS from figuring out a way to misuse the information that you potentially have access to from these clients?

Trust you, you say. That is fine. No one is saying that you are untrustworthy. As I told you in icq, this is not personal and has no bearing (on my part) as to whether or not I like you and Charlie. This is a simple matter that a Business Ethics 101 class would dispose of in a single sitting.

If CCBill or Epoch were to start running websites tomorrow, I would be the first person to say it was a conflict. If they decided to start a NATS type program that they were offering to sites not using them for processing, I would find that to be a conflict as well, and would have no problem saying so publicly.

One last time, nothing personal, just an evaluation of the situation as I see it from my chair.

I've said I can understand my owning sites can be a conflict and people will have to exercise their trust on that as they have for years. All I've said is that the addition of a processor to TMM, exclusive of my owning of sites, is not a conflict in and of itself which people have said it is.

Many people in this business own many things, and they do it without telling anyone. I'm not being secretive about it. I'm being fully upfront about it. You should worry about those in this business who do not reveal what they do and own.

TMM_John · 12-14-2007, 11:24 AM

Quote:

Originally Posted by Tricky007

Competition on any market is always good for the consumer so it's good with a new biller. I look forward to a merged payout from many different programs.

Be careful with making the program too powerful. I think the Dollars.com project failed because it had too much power. The single point of failure was probably also a part of it.

John, can we get your version of the Ibill saga/story as you see it?

And can you get Cathy to write one which you can post for her here?

I doubt she will have time at Internext to explain the full version to everyone which would like to know.

Thanks for the input and feedback. I appreciate it. Dollars.com had a good opportunity but IMO they made a few mistakes, which we won't be making

As much as I'd love to put out a "story behind iBill", I'm not looking to get into a mess for implicating people. I hope you can understand that.

Adultnet · 12-14-2007, 11:24 AM

congrats !!!

good news..

12-13-2007, 12:58 AM	#151
The Ghost IslandDollars.com Join Date: Oct 2004 Location: Icq: 176176 Posts: 12,188	Congratulations guys! And very much looking forward to V 4.0 __________________ ISLAND DOLLARS 1000's of Exclusive TS scenes / Constant Updates Best TS Network your surfers will ever join

12-13-2007, 07:13 PM	#174
MarkTiarra Confirmed User Industry Role: Join Date: Aug 2002 Location: NJ Posts: 3,833	I crawled out from the cave I work in and heard the news. Congrats!!! __________________ Retired Pornosticator

12-13-2007, 07:56 PM	#177
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	Few small points and then I am done, feel free to answer or ignore personally I no longer care that much. 1. For those of us for whatever reason can not attend Vegas as intended what are we supposed to do, go by more second hand so and so said this BS and bought me dinner crap? Where is your employee now and why can she not address the rest of us in this or another thread. Hell even a fucking I am sorry email would of been nice. 2. Yes it is a conflict of interest but again that's all about trust right? So you have me there, though still wanted to stress this opinion. 3. There are at least two former ibill employee's with segpay or sorry tmmsegpay, are there any others and if so whom? 4. Since it has been brought up a few times, do not like it do not do not use it. Will TMM-nats be providing an updated list of affiliate programs that are using tmmsegpay? Specially those that are having tmmsegpay issue checks for them on their behalf. That way I can choose whom not to do business with as you suggest? 5. Why not have bypassed this drama all together and either started your own processing company or better yet did the right thing and shit canned everyone who previously was employed by ibill and hire new staff and people to run it? __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

12-13-2007, 10:26 PM	#185
localG Confirmed User Join Date: Nov 2002 Location: new jersey Posts: 490	John and Charlie as one of the first people to have purchased NATS I want to say congrates to all your success man. Im sure as always you guys will provide webmasters with the best possible solution you can. For those of you that question Kathy I have something to say. I know I was one of the top 100 biggest losers with the whole Ibill thing. For someone like me its pretty hard to swallow when you wake up on Sept 18th 2004 and find out that you have well over 100k a month in rev. gone. Now I'm not sure how many of you actually spoke to Kathy during this time. I did, I flew to Florida and sat with this lady. Trust me it took a huge amount of guts on her part to allow the armed guards to let me in. The amount I lost from this whole thing cost me millions in future rev. Fact is she sat down with me and spoke with me. From what I saw this lady had something thrown in her lap that was way beyond anything she had to do with. She was sincere and confused just like the rest of us. She stood by the job she had just like any of you would do if you bills to pay. I do not know many people who just walk away from a paycheck. Fact is if I was her and making a check I would have tried my best to help as many people as I could. I don't think i would have abandoned ship either and respect her for attempting to help us out. She was passionate and actually seemed like she cared. Could she help me ? hell no there was not helping many of us. Alot of the ibill guys and gals were great people and I personally don't think many of them saw what was coming. I walked away from the adult biz 3 years ago with a huge amount of distaste for the industry and a lot of the people I thought were friends. Alot of shit happened in 2004 but Kathy would be the last person on my "IF I WAS TOLD I WOULD DIE IN 10 DAYS WHO WOULD I PAY BACK LIST" They have built a great thing with NATS and it has made all of us alot of money and I would say 100% that John and Charlie made this move in the best interest of you all. Oh and of course to make money as thats the only reason you all are here. Hope some of you fuckers are doing well and hope some of you fuckers get hit by a truck __________________ Fuck off.

12-13-2007, 11:08 PM	#186
TampaToker Confirmed User Join Date: May 2006 Location: Tampa Posts: 5,827	John, I am not here to flame you but ask a serious questions that concerns me. You have said numerous times in this thread that Cathy is a great person and it wasn't her fault what happened at ibill. John, how do you know this? I think it is safe to assume that only Cathy and other VP's and the owner where the only people that really knew what was going on. How do you know? You keep telling people that they are wrong about her, but can you give us something more factual? Are you going by her word, and what she told you or her friends told you? I just don't get it. If you have proof she is a good person and did no wrong then please post it. If not please tell us why you are so sure that she was not the cause of ibills problems and she didn't know what was going on. It concerns me that you are taking her word or one of her friend's words that she was not the cause. That is a lot of faith for you to have if you have no proof. If something bad was to happen with her in charge of the new partnership it would look like you made a bad decission and I am sure you would take a big hit because of it. I know you have a good reputation so you must feel comfortable hiring here. Can you share those reasons with the rest of us? __________________ Icq 247-742-205

12-13-2007, 11:57 AM	#158
Sebastian Sands Confirmed User Industry Role: Join Date: Mar 2005 Location: ICQ: 211-417-740 Posts: 5,223	Are you offering any deals on the new NATS version during Internext? Sebastian

12-13-2007, 12:31 PM	#161
CC Confirmed User Join Date: Feb 2001 Posts: 1,690	Well I guess I still won't be getting my 20K from ibill/whoever back. Oh yeah I'm bitter.

12-13-2007, 07:19 PM	#175
dig420 Confirmed User Industry Role: Join Date: May 2001 Posts: 9,240	John has my complete confidence, and I've known him since he was on my payroll years back. You can believe that he will run things the right way, and EVERYONE involved will make money.

12-13-2007, 08:54 PM	#182
jimb Confirmed User Join Date: Feb 2005 Location: Costa Rica Posts: 2,514	All the other drama aside, this is my take on the whole situation: The guys from TMM are really making some big moves in the industry and I applaud them for it. They are quickly becoming a one stop shop, and I can see why some people on the boards and in private might feel alittle threatened. With the addition of their own in house billing solutions they can bring their NATS Affiliate System software even further than it is right now. If they take some of the new knowledge from SegPay and apply that into their affiliate software they are then at a point where their code can now support an internal gateway system. That would in turn lead to supporting transaction processing for private merchant account affiliate programs (and that is a growing amount of affiliate programs). Someone like SegPay already has the software designed, tested and perfected to fully support recurring billing in a CISP Compliant environment. It then requires affiliate programs to get PCI Complaint before they can satisfy VISA/MC Regulations to run their own gateway. You can now imagine the savings that an affiliate program could make when they can cut their third party gateway provider (as they mostly charge on a per-transaction system) and process their transactions through their own gateway directly built into NATS (locally hosted on the affiliate program's directly owned/leased equipment) and directly supported by TMM. In regards to the third party biller situation, I would suggest that anyone who has their doubts just not use the company. If your happy with your current processor then why leave? However, I can see that TMM and Segpay have hatched out a plan very similar to the one that Epoch and Mansion did, so this announcement is not a surprise to me. Jim

12-13-2007, 11:10 PM	#187
localG Confirmed User Join Date: Nov 2002 Location: new jersey Posts: 490	Oh ya and I was fishing a month ago up here for tuna with some guys from Florida and one of the guys mentioned a name Garrett Bender to me. Said he is a big time land developer. I almost threw up on the guy. One of my last memories of speaking to him was how well ibill was doing and I should not move transactions to ccbill. That everything was going to be well. Looks like someone knew more then me and ran away with his money. http://www.ascotdevelopment.com/abou...Garrett_Bender Garrett Bender Garrett Bender is a Principal and co-founder of Ascot Development, LLC (Ascot). Mr. Bender brings experience and skills gained at the highest levels of international business and corporate management to both structured and unstructured organizations. He has guided Ascot through numerous acquisition and sale transactions and now strategically manages Ascot?s land portfolio which is in excess of $350 million. Prior to Ascot, his most recent success occurred at an Internet based company where he served as President and CEO from April 2000 until February 2003. Mr. Bender was engaged to organize and develop the company for acquisition or a public offering opportunity. In less than two years Mr. Bender grew the company from 50 employees to over 400 and increased gross revenues two fold. In addition, he forged the company as a leading brand and was recognized by Forbes as the 5th most visited B2B site on the web. Financially, service revenues grew from $19.1M to $57.1M, transaction volumes increased from 800,000 to 3.4 million while maintaining gross margins at 11.2% and increasing EBITA from $3.4M to $9.1M. Based on this success, the company was acquired for $112M in cash. Mr. Bender resides in Delray Beach, Florida with his wife Gina and their three children, Quillen, Draper and Olivia. __________________ Fuck off.

12-14-2007, 12:05 AM	#189
Rep Confirmed User Join Date: Sep 2002 Posts: 991	I'll say it again, congratulations on the acquisition John. While I do understand why a lot of people could see this as a conflict of interest on TMM's behalf ask yourself this - have they done anything in this industry but bring integrity to it's most seedy aspects? __________________ who \| grep -i blonde \| date; cd ~; unzip; touch; strip; finger; mount; gasp; yes; uptime; umount; sleep

12-14-2007, 12:43 AM	#190
MarkTiarra Confirmed User Industry Role: Join Date: Aug 2002 Location: NJ Posts: 3,833	On the topic of conflicts of interest: How is NATS and a billing company in conjunction any more a conflict of interest than CCBill offering affiliate software type functions with their own system? It's just a nice combination of services. Kinda like a phone that plays MP3s... __________________ Retired Pornosticator

12-14-2007, 01:46 AM	#191
Matt_WildCash Confirmed User Join Date: Jan 2003 Posts: 1,699	John Congrats, great to have such a solid company like Too much Media behind Segpay now. __________________ Try the New XMovies.com and make more $$$ with your Traffic

12-14-2007, 07:25 AM	#192
Thomas007 Confirmed User Industry Role: Join Date: Aug 2001 Location: AdultReviews.com - Denmark - ICQ: 6565211 Posts: 920	Competition on any market is always good for the consumer so it's good with a new biller. I look forward to a merged payout from many different programs. Be careful with making the program too powerful. I think the Dollars.com project failed because it had too much power. The single point of failure was probably also a part of it. John, can we get your version of the Ibill saga/story as you see it? And can you get Cathy to write one which you can post for her here? I doubt she will have time at Internext to explain the full version to everyone which would like to know. __________________ Get your paysite reviewed by Adult Reviews Get your paysite reviewed by Porn Reviews

12-14-2007, 10:08 AM	#194
ServerGenius Confirmed User Join Date: Feb 2002 Location: Amsterdam Posts: 9,377	Just to make sure I understand this correctly. Kathy was a VP with iBill before she accepted promotion to CEO and she had no idea what she would get into? She's accepted an executive function in a company without knowing too much about the company? That sounds like promoting the mail guy to President just for catching the punches. On a positive note....John it seems like you're getting better at biting the bullet and are able to keep your calm a lot better than a few months ago... Good Luck on the acquisition I hope you will suprise us in a positive way with it......time will tell __________________ \| http://www.sinnerscash.com/ \| ICQ: 370820 \| Skype: SinnersCash \| AdultWhosWho \|

12-14-2007, 11:24 AM	#200
Adultnet Confirmed User Join Date: Sep 2003 Posts: 8,713	congrats !!! good news.. __________________ TrafficCashGold Paying Webmasters Since 1996! Awesome Conversions! Fast Weekly Payments! Over 125 Tours!