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-   -   Newly founded iBill agrees to cover merchant debts of former iBill. (https://gfy.com/showthread.php?t=956104)

epitome 02-28-2010 05:58 PM

Quote:

Originally Posted by F-U-Jimmy (Post 16908342)
Its not if, but how they will pay. Thats the question :mad:Lets see how they spin this shit :1orglaugh

Maybe someone will get control of the cursed iBill domain along with nice new office furniture?

But as to what you're saying ... it sure would be suspicious if a startup had $30 million lying around to blow, no?

If they pay, iBill.net will go down as the most expensive domain purchase in Internet history -- what, $30 million?!

F-U-Jimmy 02-28-2010 06:01 PM

Quote:

Originally Posted by epitome (Post 16908356)
Maybe someone will get control of the cursed iBill domain along with nice new office furniture?

But as to what you're saying ... it sure would be suspicious if a startup had $30 million lying around to blow, no?

If they pay, iBill.net will go down as the most expensive domain purchase in Internet history -- what, $30 million?!

IBILL.COM is available if someone with deep pockets wants to fuck with them :1orglaugh

epitome 02-28-2010 06:04 PM

Quote:

Originally Posted by F-U-Jimmy (Post 16908366)
IBILL.COM is available if someone with deep pockets wants to fuck with them :1orglaugh

:1orglaugh :1orglaugh :1orglaugh

I wonder how many times a day Jonas Brown cusses about the adult industry refusing to accept the new iBill.

I also wonder how many people have cussed the old iBill.

It's a fucking nightmare and a half, really.

I can't figure out if the people behind new iBill just have a grand plan in mind and balls of steel or are truly clueless. I guess time will tell.

Here's to hoping they make good on things...

justinsain 02-28-2010 06:06 PM

Quote:

Originally Posted by MsCheyenne (Post 16908021)
How about obtaining the records and paying back webmasters who do not have promissory notes? Ibill went down owing me 20k. There were emails sent out about promissory notes but I never received one. As I recall it was mandatory to agree to a convoluted payment plan in order to receive a promissory note. This offer was made after many, many, many broken Ibill promises. It also took the legal demand for payment in full off the table and would block legal action against Ibill.

While your current gesture may sound grand it is not. It is worthless. If you are sincere, obtain the records and pay back the hard working web masters who trusted Ibill and got fucked over.

Cheyenne

I must say you certainly have a firm grasp of the situation.

Brent 3dSexCash 02-28-2010 06:15 PM

Quote:

Originally Posted by F-U-Jimmy (Post 16908321)
Ha Ha Ha Ha !
Here's what i think will happen. These new IBALLs guys will make it a condition that you sign up with there new IBalls 2 program and the deal will be you get a lower transaction rate until your note is paid off? Something like 4% instead of 10% or whatever these fools are charging now. Stupid people will fall for this not realizing all they are doing is making Iballs more money. Im sure they will say the more joins you send the quicker your note will be paid off :error

And im sure some people are silly enough to fall for this :1orglaugh:1orglaugh



lol. I think this is dead on.

nice 1

seeric 02-28-2010 07:28 PM

very few people even received those notes.

some others got some rubber shares.

this smells.

F-U-Jimmy 02-28-2010 07:35 PM

Wiktionary for Bull Shit
 
This article is about the expletive. For other uses, see Bullshit (disambiguation).

Look up bullshit in Wiktionary, the free dictionary.
Bullshit (also bullcrap, bullplop, bullbutter, horseshit) is a common American English expletive which may be shortened to the euphemism bull or the initialism B.S. In British English, "ibill" is a comparable expletive, although bullshit is now commonly used in British English as well.

famous 02-28-2010 07:47 PM

fuck i bill. I would not piss on them if they were on fire....yeah i am a bit bitter too...

Gerco 02-28-2010 07:48 PM

Quote:

Originally Posted by MsCheyenne (Post 16908265)
Did you happen to save the conditions of accepting Ibill's promissory note? Their conditions and payment terms were convoluted and outrageous at best. The condition of Ibill's promissory note came with an agreement not to sue and was made after month after month after month of broken promises to pay. Ibill destroyed their credibility and the asked webmasters to waive their rights to sue. Did you happen to save any of the emails Ibill routinely sent out assuring long time clients that they would be catching up payments soon?

Cheyenne

Actually... yes I do...
NOTE
PAYABLE
FOR VALUE ACKNOWLEDGED AND RECEIVED, Internet Billing Company LLC, a
Georgia limited liability company, ("Maker" or "Payor") promises to pay
on or before the 2nd year anniversary from the date of execution, to
the order of Gerco Inc, a Limited Liability Company, ("the Holder" or
"Payee") the sum of: $10,277.61, reduced by any chargebacks or
adjustments, as agreed to by the parties with interest at the rate of
Three Percent (3%) paid in arrears from the date of execution. This
Note Payable will be subject to an amortization schedule of 50% of the
face amount plus accrued interest payable in two installments on the
1st and 2nd year anniversaries of the date of execution. This Note
Payable will be subject to an amortization schedule of 50% of the face
amount plus accrued interest payable in two installments on the 1st and
2nd year anniversaries of the date of execution. After 90 days from the
execution of this Note, Maker at its discretion may elect to convert
the note into a Secured Convertible Note. Such Secured Convertible Note
will have identical amortization provisions as the Note Payable.
Presentment, demand, notice of dishonor and protest are hereby waived,
and the parties hereto assent to indulgence of the Payee without waiver
by the Payee of any of his, her, or its rights hereunder. The Maker of
this note reserves the right to pre-pay whole or in part of this note
prior to maturity. Should the note not be repaid at or before the due
date, then the note shall accrue interest at the highest possible legal
rate permitted in the State of Florida.
Internet Billing Company LLC
ACCEPTANCE: The undersigned Holder/Payee does hereby acknowledge that
they have read and understood, in its entirety, the "Limited Release"
and that said "Limited Release" represents the full and final
satisfaction of all claims due and owing from Internet Billing Company
LLC, with respect to the particular claims described therein. The
Holder/Payee further acknowledges that any and all sums due and owing
to any and all affiliates will be satisfied solely by the Holder/Payee
and not by Internet Billing Company, LLC. Finally, the Holder/Payee
accepts the validity of the Note Payable enumerated herein and
understands that it represents full and final settlement of a claim.

AdPatron 02-28-2010 08:51 PM

I say it's too late for ibill.

Gerco 02-28-2010 08:57 PM

Course, it does say...
"Should the note not be repaid at or before the due
date, then the note shall accrue interest at the highest possible legal
rate permitted in the State of Florida."

FLORIDA, the legal rate of interest is 12%; the general usury limit
is 18%. On loans above $ 500,000 the maximum rate is 25%.

If I'm correct thats 12%...


So by this note the original 10,277.61 is actually 16,172.02 after these 4 years/

Farang 02-28-2010 08:58 PM

hmmmmmmm

uno 02-28-2010 09:03 PM

I doubt this will happen.

Iron Fist 02-28-2010 09:04 PM

2nd page sig spot.... this is too good :)

AdPatron 02-28-2010 09:06 PM

I say it's too late.

tony286 02-28-2010 09:06 PM

Well how is this done I have a payment plan signed by the CEO of ibill at that time. They made payments and stopped they owe me $13k.

Gerco 02-28-2010 09:11 PM

Quote:

Originally Posted by tony404 (Post 16909140)
Well how is this done I have a payment plan signed by the CEO of ibill at that time. They made payments and stopped they owe me $13k.

Your one of the lucky ones. I just got a run around and never saw a dime... then that other billing company continued to bill my recurring members and never sent me a dime either.

tony286 02-28-2010 09:12 PM

I sent them a email asking how to move forward I will report back.

F-U-Jimmy 02-28-2010 09:54 PM

Quote:

Originally Posted by tony404 (Post 16909167)
I sent them a email asking how to move forward I will report back.


Please join our IBILL 2 program send us all your sign ups and we will let you have an amazing discount rate until such time as the outstanding debt is paid in full. Remember the more memberships you send the faster you will recoup your "note". :helpme

If im wrong i owe you a beer or three :winkwink:

XPays 02-28-2010 11:31 PM

I like this -ish

RyuLion 02-21-2013 01:06 AM

^^^^^^^^^^^^^^^


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