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-   -   Ibill Cancels Christmas ! (https://gfy.com/showthread.php?t=407285)

DeadFidel 12-24-2004 08:59 AM

"The scary thing here is the fact the monies owed to US webmasters from this last payout <dec15th> has nothing to do with The monies owed from First Data.According to IBill"
DEA

They need that money to buy their kids Xmas gifts dummy!!!

oldnewbie 12-24-2004 10:07 AM

Quote:

Originally Posted by DEA
The scary thing here is the fact the monies owed to US webmasters from this last payout <dec15th> has nothing to do with The monies owed from First Data.

That's exactly the problem I have with this. I can understand the First Data money situation, though that doesn't excuse it, I can at least understand it.

I can understand how the ACH payments could have gotten messed up due to this being the first time they sent ACH through their new bank.

But there is no excuse for this. This money is money that we have sent in AFTER they changed banks, through rebills and continued signups. I want to know why there is a delay now, when there should not be.

Warden 12-24-2004 10:53 AM

I'm just amazed that they find it "ethical" to keep processing your sales but not paying you out. Do they think as long as they keep putting out these notices that everyone will wait patiently for a payment they will never get, which I am sure they realize, while taking your hard earned money?

At this point, anyone who is still processing with IBill deserves whats coming to them. They have had plenty of time to make a command decision and move on.

keyboard warrior 12-24-2004 10:57 AM

Seems like everyone should give Ibill a Call today and see where the hell our money is!

DEA - banned for life 12-24-2004 12:15 PM

Quote:

Originally Posted by keyboard warrior
Seems like everyone should give Ibill a Call today and see where the hell our money is!

LOL....the doorman at ibill knows about as much as the goings on at the top floor as we do standing outside on the sidewalk.There service reps only have 1 thing to say "sorry we dont know anything except whats you read in CMI..anything else we can help you with..like setting up the new gkard solution?"

DEA - banned for life 12-24-2004 06:12 PM

But they will be the first to know if the lites go off and the doors get locked :D

seer 12-24-2004 06:18 PM

scroogebill

quiet 12-24-2004 06:58 PM

Quote:

Originally Posted by Shoplifter
As far as EU clients go they are not that far behind in payouts. That said, I would be truly disappointed if we didn't get our EU payout before Xmas. The money is there and it should go out.

I think it has been a big mistake (and I suppose I might be expected to say this) to have any appearance of EU funds going to USA webmasters. All this has done is to portray both sides as being in peril. If it is not the case that EU funds are being diverted this rumour should be squelched quickly.

The main issue for me in all this is psychological stress more than the money. Having a number of my sites stuck in this limbo is very depressing.

:xmas-smil

this has been my stance from the beginning. as you are well aware ;)

merry xmas Shoplifter

http://www.gofuckyourself.com/images...hnfenster1.gif

Sophmaster 12-24-2004 08:29 PM

Wrong !
 
Peoples that saying Ibill is better then globill or other companies that goes bankrupt are wrong ! At least when globill closed .... site owners and webmasters just loose their past due payments BUT the problem now with Ibill is that they never stop doing rebills and they still charged new members for websites but THEY KEEP THE FUCKING MONEY !!!!! Also they never started paying pass due ( for me at least ) . They have no fucking excuses to doing that ! I probably need my money more then them ! And all their CMI messages mean one thing : JUST FUCK YOU ALL !

Shoplifter 12-25-2004 12:23 AM

Quote:

Originally Posted by quiet
this has been my stance from the beginning. as you are well aware ;)

merry xmas Shoplifter

http://www.gofuckyourself.com/images...hnfenster1.gif

Merry Christmas! Hope your days are soon filled with large on time payouts!

:xmas-smil

TheEbonyFelony 12-25-2004 12:29 AM

50!!!!!!!!!!!!!!!!!!!!!

DEA - banned for life 12-25-2004 01:23 PM

Anyone interested in a new years field trip to Deerfield Beach FL?

S P A N N O W 12-25-2004 01:24 PM

Merry Christmas to you! :thumbsup

Webby 12-25-2004 01:37 PM

DEA:

Quote:

Anyone interested in a new years field trip to Deerfield Beach FL?
Yea... but not quite yet. They have to take delivery of a belated Christmas card first and absorb the content.

Then for some weird reason they are allowed to present excuses to a judge as to why they lied about payments and why payments they confirmed had been paid, were not.

But after that... yes, a field trip with a court order and some help to remove some office furniture and a few computers is in order :-)

This does not take long - when were you planning to go?

AmeliaG 12-25-2004 02:59 PM

Hey, if anyone wants to buy Globill, the Utah bankruptcy court sent me notice that it is going for $2,500. Which is a hell of a lot less than they owe me, much less all of the people who processed through them or promoted Globill sites. SpookyCash paid affiliates out of pocket, but that definitely sucked for development of everything else at the time. It definitely sucked to Globill vaporize the way they did. Adult internet can be a high margin business, but it is a very unstable one. I hope iBill pulls through because having more billers is a good thing for all of us. I think there is still a chance iBill will pull through because (a) they have been around for so long and (b) they are bothering to communicate with webmasters instead of just locking the doors and skipping to St. Kitts.

Webby 12-25-2004 03:42 PM

Quote:

Hey, if anyone wants to buy Globill, the Utah bankruptcy court sent me notice that it is going for $2,500. Which is a hell of a lot less than they owe me, much less all of the people who processed through them or promoted Globill sites. SpookyCash paid affiliates out of pocket, but that definitely sucked for development of everything else at the time. It definitely sucked to Globill vaporize the way they did. Adult internet can be a high margin business, but it is a very unstable one. I hope iBill pulls through because having more billers is a good thing for all of us. I think there is still a chance iBill will pull through because (a) they have been around for so long and (b) they are bothering to communicate with webmasters instead of just locking the doors and skipping to St. Kitts.
Unless there are tangible/sellable assets worth more than $2500 - the name Globill is not a desireable one :-)

I'm the same as you on iBill - or any processor - last thing we want is less processors, - forgetting anything about competition between processors.

Tho, who knows, but I smell the end of the day for what is known as "third party processing". This is a horrible biz to be involved in where efforts to build a business are rarely in your hands, but involve the fickle whims of banks and card companies who can adopt policies with each breakfast and have major implications for your business. That's not a real business :-)

Merchant account processing is little different on the bottom line.

Just looking towards a totally fresh model for payment processing which holds card companies at arms length and banks you can sue/close if they cannot produce client funds on a due date :-)

AmeliaG 12-25-2004 04:39 PM

Quote:

Originally Posted by Webby
Unless there are tangible/sellable assets worth more than $2500 - the name Globill is not a desireable one :-)

I'm the same as you on iBill - or any processor - last thing we want is less processors, - forgetting anything about competition between processors.

Tho, who knows, but I smell the end of the day for what is known as "third party processing". This is a horrible biz to be involved in where efforts to build a business are rarely in your hands, but involve the fickle whims of banks and card companies who can adopt policies with each breakfast and have major implications for your business. That's not a real business :-)

Merchant account processing is little different on the bottom line.

Just looking towards a totally fresh model for payment processing which holds card companies at arms length and banks you can sue/close if they cannot produce client funds on a due date :-)

I was a bit perturbed by the idea that Globill was being sold. Like you said, the name can't be valuable. I'm like, hey, they owe me a lot of dough, what assets exactly do they have?

strats 12-25-2004 05:14 PM

oh ibill! :love-smil

yes like that baby, i need ur dick semen in my mouth

Webby 12-25-2004 05:48 PM

AmeliaG:

Quote:

I was a bit perturbed by the idea that Globill was being sold. Like you said, the name can't be valuable. I'm like, hey, they owe me a lot of dough, what assets exactly do they have?
I don't know of the remaining assets of Globill, but assume at the moment any assets within the US are being handled by a liquidator who is getting clearance from and acting on court instructions.

That is fine in theory, but it is not uncommon for legal/liquidation fees to eat into remaining assets and leave very little for the actual creditors.

It smells like Globill is a mess to clear up - it involves more than one jurisdiction. This same scenario actually applies to several processors by the nature of the business - that may be something to watch out for in future :-)

If this is an attempt to sell Globill as a corp or business (don't see how this can be possible for a bust corp) - some folks ain't got a clue, - but they may be attempting to maximize values for creditors - who knows?

The St Kitts end is not exactly problem free either - offshore jurisdictions don't like folks who go bust owing others money, especially if there is an indication they are abusing the rights afforded to them under the laws of that jurisdiction. The price is paid in the end:-)

keyboard warrior 12-25-2004 08:05 PM

Next ibill will be for sale.

Stallion 12-25-2004 08:11 PM

Quote:

Originally Posted by Webby
DeadFidel:
PS.. Always wondered why they call it "felony theft" - theft has never been anything other than a felony.


Not all theft is a felony. It depends on the money amount of the item or value stolen before it becomes a felony.


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