CWIE Holdings enters into LOI to purchase Alpha Red - GoFuckYourself.com

RonC · 10-03-2008, 08:14 PM

This post is to Confirm that

CWIE holdings LLC. the parent company of CCbill.com and Cavecreek.com has entered into an LOI to purchase Alpha Red hostings assets.

Please rest assured that service will continue uninterrupted over the weekend while we finalize this deal

http://www.webhostingtalk.com/showth...01#post5342901

Ron Cadwell
CEO
______________
CCbill.com
Cavecreek.com

TidalWave · 10-03-2008, 08:16 PM

who have you entered the LOI too exactly??

avalanche · 10-03-2008, 08:17 PM

I'm sure that will bring a little calm to the remaining Alpha Red clients. Best wishes on the transition! Couldn't have asked for a better company to step up!

stickyfingerz · 10-03-2008, 08:17 PM

Wow great stuff!

Iron Fist · 10-03-2008, 08:20 PM

Hmm.... all those AlphaRed threads just became redundant... good luck on the buyout.

BusterBunny · 10-03-2008, 08:20 PM

congrats to the winner

brand0n · 10-03-2008, 08:21 PM

good all the hosting sharks can swim back to the deep end and stop posting hosting threads

ladida · 10-03-2008, 08:28 PM

Lawlz. CWIE owned it up

Hopefully they don't inherit the debt orpotential damages of the lawsuit :P

Spudstr · 10-03-2008, 08:30 PM

Quote:

Originally Posted by ladida

Lawlz. CWIE owned it up

Hopefully they don't inherit the debt orpotential damages of the lawsuit :P

the suit was after James himself, Alphared was his asset thats why it was named/mentioned. Though the outcome can still be interesting of the suit but none the less I believe it was after James personally and his assets.

SBJ · 10-03-2008, 08:35 PM

wow big news! good job Ron and others involved

directfiesta · 10-03-2008, 08:37 PM

Quote:

Originally Posted by ladida

Lawlz. CWIE owned it up

Hopefully they don't inherit the debt orpotential damages of the lawsuit :P

from the original post:

Quote:

to purchase Alpha Red hostings assets.

CyberHustler · 10-03-2008, 08:38 PM

Will the prices get jacked up now?

SpicedUpCash · 10-03-2008, 08:42 PM

That's great news for those who host there. Solid company coming in to take over.

Iron Fist · 10-03-2008, 08:44 PM

Quote:

Originally Posted by Nick Decker

Will the prices get jacked up now?

Only if the rumors are true, that AR was supported by "scareware". Caveverrk is top notch, so if prices do go up, they will be reasonable and at a level that ensures your servers are stable for years to come.

You get what you pay for and CaveCreek is one of the best.

bashbug · 10-03-2008, 08:53 PM

I assume prices wont be the same, Dont think ccbill will be able to give out 30mbps boxes for $400

Brad Mitchell · 10-03-2008, 08:57 PM

Good luck with the purchase, Ron! If you are successful with the 11th hour acquisition then you've saved AR clients from a world of hurt.

(crossing fingers)

Brad

KillerK · 10-03-2008, 10:02 PM

I bet prices go up quite a bit, cc was never a cheap host.

Ace_luffy · 10-03-2008, 10:42 PM

that's the greatnews on alphared clients

Indecisive · 10-03-2008, 10:44 PM

Congrats to ccBill on the purchase. I hope the closing goes smoothly.

lazzlo · 10-04-2008, 12:21 PM

Good news but I already moved

SpeakEasy · 10-04-2008, 02:23 PM

Quote:

Originally Posted by lazzlo

Good news but I already moved

That was actually a wise move dude.

webair · 10-04-2008, 06:21 PM

Quote:

Originally Posted by lazzlo

Good news but I already moved

Smart man =) get out while you still can!

Lightning · 10-05-2008, 08:56 AM

This all smells of fish to me. It will be interresting to see how it all unfolds. I personally think the people at ccbill are not stupid enough to buy a worthless company and let it run the same way. But maybe that are?? who knows. My real thoughts are that they do buy it for pennies on the dollar (if that much) to save bandcon (which they are apart of) that supplied the BW and is under contract for to cogent for. Then raise upi the prices to a decent profitable margin. At this point its a numbers game as some people will stay and some cheapy people will leave. As Brad Mitchel and some other hosts have said, if you built a business that can only make money if you pay 6 bucks a meg for BW, then you're fucked anyway.

webair · 10-05-2008, 09:29 AM

Quote:

Originally Posted by askmomma

This all smells of fish to me. It will be interresting to see how it all unfolds. I personally think the people at ccbill are not stupid enough to buy a worthless company and let it run the same way. But maybe that are?? who knows. My real thoughts are that they do buy it for pennies on the dollar (if that much) to save bandcon (which they are apart of) that supplied the BW and is under contract for to cogent for. Then raise upi the prices to a decent profitable margin. At this point its a numbers game as some people will stay and some cheapy people will leave. As Brad Mitchel and some other hosts have said, if you built a business that can only make money if you pay 6 bucks a meg for BW, then you're fucked anyway.

With the amount of business that has been coming in from this whole debacle, I cant imagine there will be much left of AR to purchase =)

Anyhow, I stick to my initial recommendation:

GET OUT WHILE YOU STILL CAN!

marketsmart · 10-05-2008, 11:26 AM

Quote:

Originally Posted by askmomma

This all smells of fish to me. It will be interresting to see how it all unfolds. I personally think the people at ccbill are not stupid enough to buy a worthless company and let it run the same way. But maybe that are?? who knows. My real thoughts are that they do buy it for pennies on the dollar (if that much) to save bandcon (which they are apart of) that supplied the BW and is under contract for to cogent for. Then raise upi the prices to a decent profitable margin. At this point its a numbers game as some people will stay and some cheapy people will leave. As Brad Mitchel and some other hosts have said, if you built a business that can only make money if you pay 6 bucks a meg for BW, then you're fucked anyway.

what is a bandcon?

Lightning · 10-05-2008, 11:37 AM

Quote:

Originally Posted by marketsmart

what is a bandcon?

Bandcom is a bandwidth wholesale reseller. http://www.bandcon.com/

marketsmart · 10-05-2008, 11:48 AM

Quote:

Originally Posted by askmomma

Bandcom is a bandwidth wholesale reseller. http://www.bandcon.com/

and they fit into this equation how?

Brad Mitchell · 10-05-2008, 12:41 PM

Quote:

Originally Posted by marketsmart

and they fit into this equation how?

My general understanding is that CWIE is the owner or partial owner of Bandcon, a seperate company that sells colocation and transit, and that at least until recently AR was purchasing some of it's bandwidth (perhaps L3) from them and also possibly some of their transport as well.

Brad

tony286 · 10-05-2008, 01:17 PM

if you buy a company being sued doesnt that put you in the suit?

Techie Media · 10-05-2008, 01:24 PM

Quote:

Originally Posted by askmomma

This all smells of fish to me. It will be interresting to see how it all unfolds. I personally think the people at ccbill are not stupid enough to buy a worthless company and let it run the same way. But maybe that are?? who knows. My real thoughts are that they do buy it for pennies on the dollar (if that much) to save bandcon (which they are apart of) that supplied the BW and is under contract for to cogent for. Then raise upi the prices to a decent profitable margin. At this point its a numbers game as some people will stay and some cheapy people will leave. As Brad Mitchel and some other hosts have said, if you built a business that can only make money if you pay 6 bucks a meg for BW, then you're fucked anyway.

Interresting view for sure.

Quote:

Originally Posted by tony404

if you buy a company being sued doesnt that put you in the suit?

Typically yes but there are always strange happenings when it comes to the Law and microsoft settlements. This will be interresting to see how the whoe thing plays out.

Blazed · 10-05-2008, 01:41 PM

Quote:

Originally Posted by tony404

if you buy a company being sued doesnt that put you in the suit?

Alphared is not being sued.

webair · 10-05-2008, 03:20 PM

Quote:

Originally Posted by Blazed

Alphared is not being sued.

Are you insane? Or just incredibly misinformed?

Bomber8888 · 10-05-2008, 06:56 PM

I just talked to there supervisor down in Houston and everything is running as normal. No servers are down and all workers are going back to work as usual. This deals seems to be in the bag.. wish both parties luck!!!

Bomber

marketsmart · 10-05-2008, 07:20 PM

Quote:

Originally Posted by webair

With the amount of business that has been coming in from this whole debacle, I cant imagine there will be much left of AR to purchase =)

Anyhow, I stick to my initial recommendation:

GET OUT WHILE YOU STILL CAN!

why would you make a comment like this knowing that ron has stepped in?

WiredGuy · 10-05-2008, 07:23 PM

Quote:

Originally Posted by webair

Are you insane? Or just incredibly misinformed?

I was under the impression it was their CEO/Owner who was being sued and not A.R. directly? Is it AR that's being sued or just the owner?
WG

theFeTiShLaDy · 10-17-2008, 08:11 PM

Hi Ron,

I'm glad ccbill bought AR!

I used to work for Alpha Red until last year. I handled all the billing and accounts receivable part of the company.

I would love to work with you guys since I know the industry very well - that's if you are hiring someone to do this job in Houston.

You can shoot me an email at [email protected]

Thanks.

Quote:

Originally Posted by RonC

This post is to Confirm that

CWIE holdings LLC. the parent company of CCbill.com and Cavecreek.com has entered into an LOI to purchase Alpha Red hostings assets.

Please rest assured that service will continue uninterrupted over the weekend while we finalize this deal

http://www.webhostingtalk.com/showth...01#post5342901

Ron Cadwell
CEO
______________
CCbill.com
Cavecreek.com

baddog · 10-17-2008, 08:22 PM

Quote:

Originally Posted by theFeTiShLaDy

Hi Ron,

I'm glad ccbill bought AR!

I used to work for Alpha Red until last year. I handled all the billing and accounts receivable part of the company.

I would love to work with you guys since I know the industry very well - that's if you are hiring someone to do this job in Houston.

You can shoot me an email at [email protected]

Thanks.

Pretty sure it fell through.

10-03-2008, 08:14 PM	#1
RonC Confirmed User Industry Role: Join Date: Jul 2002 Posts: 236	CWIE Holdings enters into LOI to purchase Alpha Red This post is to Confirm that CWIE holdings LLC. the parent company of CCbill.com and Cavecreek.com has entered into an LOI to purchase Alpha Red hostings assets. Please rest assured that service will continue uninterrupted over the weekend while we finalize this deal http://www.webhostingtalk.com/showth...01#post5342901 Ron Cadwell CEO ______________ CCbill.com Cavecreek.com

10-03-2008, 08:16 PM	#2
TidalWave Confirmed User Industry Role: Join Date: Sep 2007 Location: Los Angeles Posts: 2,706	who have you entered the LOI too exactly?? __________________ www.SwiftNode.com

10-03-2008, 08:17 PM	#3
avalanche Confirmed User Industry Role: Join Date: Feb 2005 Location: SoCal Posts: 1,922	I'm sure that will bring a little calm to the remaining Alpha Red clients. Best wishes on the transition! Couldn't have asked for a better company to step up! __________________ Avalanche CherryPimps - Daily Pornstars, LIVE and more!

10-03-2008, 08:20 PM	#5
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Hmm.... all those AlphaRed threads just became redundant... good luck on the buyout. __________________ i like waffles

10-03-2008, 08:20 PM	#6
BusterBunny perverted justice decoy Join Date: Aug 2005 Location: unborn still in the womb connected via blackberry Posts: 19,291	congrats to the winner __________________ my sig caught gonoherpasyphilaids and died

10-03-2008, 08:17 PM	#4
stickyfingerz Doin fine Industry Role: Join Date: Oct 2005 Posts: 24,952	Wow great stuff!

10-03-2008, 08:21 PM	#7
brand0n been very busy Join Date: Nov 2002 Location: the queen city Posts: 26,984	good all the hosting sharks can swim back to the deep end and stop posting hosting threads __________________ want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

10-03-2008, 08:28 PM	#8
ladida Confirmed User Join Date: Nov 2005 Posts: 2,146	Lawlz. CWIE owned it up Hopefully they don't inherit the debt orpotential damages of the lawsuit :P __________________ agentGFY at gmail.com

10-03-2008, 08:35 PM	#10
SBJ So Fucking Fabulous Industry Role: Join Date: Apr 2003 Location: Indiana Posts: 11,354	wow big news! good job Ron and others involved __________________ Chaturbate - Make tons of money from Cams! *Name Silo - Domains under $9 and free ID protect*

10-03-2008, 08:38 PM	#12
CyberHustler So Fucking Banned Industry Role: Join Date: Feb 2006 Posts: 23,783	Will the prices get jacked up now?

10-03-2008, 08:42 PM	#13
SpicedUpCash Registered User Join Date: Jun 2008 Posts: 17	That's great news for those who host there. Solid company coming in to take over. __________________ SpicedUpCash.com Has Over 1,000 Pornstar And Hot Babe Hosted 3Min Video And Photo Galleries Over 200 3 Minute Tube Clips To Download Hosted 3 Minute FLV Video Galleries - That Can Be Thumbed - All With The Models Name For Archives

10-03-2008, 08:53 PM	#15
bashbug Confirmed User Join Date: Oct 2005 Location: Boston Posts: 929	I assume prices wont be the same, Dont think ccbill will be able to give out 30mbps boxes for $400

10-03-2008, 08:57 PM	#16
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,728	Good luck with the purchase, Ron! If you are successful with the 11th hour acquisition then you've saved AR clients from a world of hurt. (crossing fingers) Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 69 industry awards for hosting and professional excellence since 1999

10-03-2008, 10:02 PM	#17
KillerK Confirmed User Join Date: May 2008 Posts: 3,406	I bet prices go up quite a bit, cc was never a cheap host.

10-03-2008, 10:42 PM	#18
Ace_luffy www.creationcrew.com Industry Role: Join Date: Feb 2005 Location: CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM Posts: 12,173	that's the greatnews on alphared clients __________________ ++ Adult and Mainstream Websites Designs \| 10 banners for only $50 \| html5 Banners ++ Icq:194-370-797 \| Skype:creationcrew \| Telegram : https://t.me/creationcrew \| HTML5/Responsive Site - Div/CSS - ElevatedX - NATs - Wordpress

10-03-2008, 10:44 PM	#19
Indecisive Registered User Join Date: Aug 2005 Location: Vancouver, BC Posts: 53	Congrats to ccBill on the purchase. I hope the closing goes smoothly. __________________ ICQ: 334404605

10-04-2008, 12:21 PM	#20
lazzlo Confirmed User Join Date: Sep 2003 Location: Toronto Posts: 3,709	Good news but I already moved __________________ Buy my ads \| Sign up now

10-05-2008, 08:56 AM	#23
Lightning Confirmed User Industry Role: Join Date: Feb 2001 Location: Maryland, USA Posts: 870	This all smells of fish to me. It will be interresting to see how it all unfolds. I personally think the people at ccbill are not stupid enough to buy a worthless company and let it run the same way. But maybe that are?? who knows. My real thoughts are that they do buy it for pennies on the dollar (if that much) to save bandcon (which they are apart of) that supplied the BW and is under contract for to cogent for. Then raise upi the prices to a decent profitable margin. At this point its a numbers game as some people will stay and some cheapy people will leave. As Brad Mitchel and some other hosts have said, if you built a business that can only make money if you pay 6 bucks a meg for BW, then you're fucked anyway.

10-05-2008, 01:17 PM	#29
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	if you buy a company being sued doesnt that put you in the suit?

10-05-2008, 06:56 PM	#33
Bomber8888 Confirmed User Join Date: Mar 2004 Location: Toronto Posts: 1,444	I just talked to there supervisor down in Houston and everything is running as normal. No servers are down and all workers are going back to work as usual. This deals seems to be in the bag.. wish both parties luck!!! Bomber