IBILL - It?s the people not the name
 

As you all know by now were back. I first want to say I am so sorry for everything that has happened to all the merchants who we worked with from 97 to 01 before iBill was sold to those crooks. No need to worry about them, they got what they deserved by the SEC (Securities Exchange Commission).

I was with iBill and some of you might remember me from all the promotions I had, as I was the Director of Business Development. I worked with a ton of you all. It was my Job to build iBill to what it was. I was with the company from 97 to 01 and left when it was sold. 



NOTE: At the time of the sale, every dollar was accounted for by an independent auditing company as part of the sale.




Why did we start iBill back up, and not go with a new name?

Going with a new name was to easy, no one would ever know and we would not have to do damage control, but the easy way out was not the answer. We have been through all kinds of hell getting this name from the old people, and once we got it, the damage control started.



Remember, iBill is the name, iBill did not steal you funds, the old owners did. I spent 5 years building the company into what it once was and to see it fall the way it did was heart breaking to me. That is why I wanted to restated iBill with a new vision and a new staff. 



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]. 



PS please no more emails saying ?where is my fucking money? as I will not respond to those anymore as I feel I made myself clear here. I will though welcome and answer any other questions.



Thank you


Jonas

iBIll.net

Good luck with that.

Good luck.

#2 of your proposal might be hard to sell.

interesting..

getting in on this thread early because its bound to become epic.

Parking right here.

I'm trying to decide which was a worse decision, selling the company to the people it was sold to --- or trying to come back with the iBill name.

This has got to be a joke. Come on now... Haha funny. Ok we get it.

Never thought anyone could make this thread right. But you did.:thumbsup

HAWT.

Sig spot secured.

This is the most ridiculous statement i have ever seen on GFY and thats saying something.

Going with a new name was to easy, no one would ever know and we would not have to do damage control, but the easy way out was not the answer. We have been through all kinds of hell getting this name from the old people, and once we got it, the damage control started.



Why try to keep it quite from GFY, why not announce the new Ibill six months ago. The name Ibill stands for fraud, theft and bad business practice. Why on earth would anyone in their right mind want to be associated with that name unless they thought they could profit by it ?

very weird marketing

I like all the stray question marks in your post; seems appropriate.

IBill slept with my mom

Good luck trying to get some clients around here. Might be tough :Oh crap

Good luck Ibill with your endeavor to relaunch, personally I will not be going with you.

You sold a business that dealt with other peoples money to crooks. Did you do due diligence before you sold out or did you just take the money?

You chose to relaunch under a name that is so besmirched by fraud and scandal that I seriously question your decision making. Not the type of decision making that should be taking my money.

You are holding back money from merchants, even though it's a low 5%. I think with Ibill's reputation you should be allowing merchants to hold 5% of the money you turn over for them. then you will have to stay in business for 6 months to start collecting. You're not trust worthy enough to hold any of my money.

As I said, good luck you will need it.

A useful site with details about Iballs

http://www.ibill-sucks.com/

When you visit the site above be careful about alternative billing companies as it seems they are associated with First Data the bank that supposedly withheld 33 million $ of Ibills ( webmasters funds )

second only to this ridiculous statement

:Oh crap

We have been through all kinds of hell getting this name from the old people, and once we got it, the damage control started this begs the question WHY ?

I think they need someone who know how to market to post on the boards, this Jonas guy does not have what it takes :1orglaugh

i will take my stock

i would like to cash out my 6,000 worth of stock please

*coughBULLSHITcough*

Only in the adult industry....

Thats certainly better than the 100% reserve period for a period of all time that you use to give

:upsidedow

Of course it's a joke.

I can't believe how many people are nibbling on this troll bait :1orglaugh

Where is my fucking money!
I don't need any billing account at all. I lost my money thru all affilaite accounts. You can pay me $25000 and then we are settled.

Ibill. What a joke. I'm sure your company won't do well.

looks like I can still make it on the first page :thumbsup

This will be over before it starts.
And these days it is harder to get away with fraud.
I suspect it falls apart in six months but this time people will go to jail.
As they should of in the last nighmare.

ibill sig spot

oh... you mean back when you were giving all the user e-mails in your database to spammers like me, flying to Australia to suck the cocks of the bigger spammers in person, giving us unlimited sub accounts under master accounts while making a big public show of "terminating the account in question" (a sub account) leaving our money in the master account when someone went to a forum and yelled "hey, this guy is spamming"... and from the Ibill that caused people to wake up one day because Paul Vixie decided to prove that he could fuck your world up by blocking your pages from countless ISP's and networks because of the sheer volume of spam you were causing? the same ibill that fucked everyone over for their 900 money?

oh.

well.....

yeah....

everyone should feel quite good now.


and it should be pointed out that the simple fact that you are STILL trying to use the same tainted name, associated with so much fraud, deceit and webmaster money owed... makes it pretty clear that your judgment and business acumen as a company is worse than ever.

Nice idea man, good luck with this

I was going to add a second processor, and since ccbill can cascade to segpay I actually thought about going with them. I was send the standard reply, asking for more info etc by one the sales people over there and asked a simple question which I will quote here...

"I'm still on the fence about allowing you to process for me. What is your affiliation with the defunct Ibill? They stoled over 12k from me when they went down not including rebills."

Since that question I have not heard another word from Segpay. Take it as you will.


For fun, google "segpay ibill"

AND a big fuck you to iBill :321GFY:321GFY

Best.Fakenick.Ever.

spot for my sig secured

:1orglaugh

:thumbsup

Faxing in and NEW PROMO
 

Hi there,

We have received a few faxes from people but there is no contact info on the fax. If you were one of the ones to fax in, please email me at [email protected] with you contact info so I can match it up to the fax.

For everyone else, I do thank you for all of your post and the emails. I just want to say that I agree with one person who said in his email " If you want people to start to trust you, you will need to allow people to process without a reserve.

Once they get their funds for a bit, then move your reserve in, say after 90 days with something like 2.5% for 30 day hold, then release the reserve. Once they get that reserve back, you can move to the 5% for 30 days hold and so on. Let them report the updates on the board and that is how the trust starts again"

I agree with his email and I am willing offer deal this to anyone who wants to try it.

We will start this program on 8/1/09 so please register now so you can be up and running by that time.

Thanks,

Jonas
iBIll

lmaoooooooooooooooo

Place holder, for future response.

So, I went to Ibill.net and sent them a email directly....

"As per the thread on GFY, http://www.gfy.com/fucking-around-and-business-discussion/912899-ibill-people-name.html I see your offering stock options equal to what was taken from me in the Ibill melt down?
"

And just got a reply, in like 2 minutes....

"Hi there,


Yes this is a true deal. This deal only applies to merchants who have signed up with iBill for processing. If you sign up and use the service we will be sending the PPM out for your review on August 1st.

iBill just made a new offer on GFY about 5 min ago.

Jessica
iBill"

So, this is not a fake nick? Interesting.

i'm not a stock broker and i don't work for the SEC... but that just can't be legal without a massive legal framework and very specific structure. even soliciting business in that manner is very well regulated. i could be wrong, but this seems like someones "good idea" that wasn't very well thought through if its legit or real at all.

furthermore, you can't offer individuals "stock" based on arbitrary claims of how much stock they think they should get as it affects all other stock holders.

Brings up many questions... course, in this case it would not be arbitrary claims but based on the what what owed to us. Which is well documented. Hell, I even have the actual screen shots taken directly from Ibills own system showing what I'm owned.

if you were owed money by old Ibill, then new Ibill still owes you that money. it doesn't matter who the owners are, it's the company that owes you... and it sounds like they now have funds.. so get a lawyer and sue them for funds owed DESPITE the owners of the company. Ibill is Ibill, same indusrty, same responsibilities.

you guys can't be serious. i was with ibill since 97, and i lost over 1000 rebills when you went tits up. i somehow had it in my heart to give you a second chance with that shortlived "gKard" thing (anyone remember that?) and i'm not sure i want to play ball with you again. you would have been better off with a new company name and everything, too much negative stigma there. i realize my cash is long gone so thats no longer an issue on my plate but good luck getting some stability

ccbill = winner?

Stock
 

Any stock company can issue / gift out stock for any reason.
As long as the shareholders agree to the transaction.