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Originally Posted by imageman
To be honest if it was my company starting a new banking relations or being purchased by another company i would 100% declare my involvement in the adult world. I mean why start out lying, isn't that what we are all so pissed off about. Ibill has been lying or misleading webmasters for at least 3+ years now this "ADULT "cover up only goes to prove Ibill has not changed, if they can lie to the market they sure as hell will lie to us. As for Bob, he had cancer last time i heard and so i can understand him not being committed to Penthouse 100% I only hope he pulls through as he was indeed a fine person and produced a great product.
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I totally agree with that!!!
I like "upfront" and defined on paper - means ya can sue if they fuck up.
If some bank don't like something - fuck em - there are plenty more.
This is.. assuming we are "normal" people and don't have the baggage PHSL/iBill are carrying around.
The problem with PHSL/iBill is word has already spread around on em. It's not going to be easy for them to get decent banking, partly because of the background of some of the individuals in control.
Simple example... I got a friend who is ... forget, think Vice President of a merchant bank within the EU. We were chatting about iBill and I showed her the "CMI updates" and she was already aware of PHSL. The comments on the updates about "Credit Suisse" were "Crap!" :-) (That's informal banking terminology! *s*). The other isssue is... "What is wrong with a company that has have been rejected by 4 banks recently and keep doing the circuit trying to find more?" She basically said she would not dream of touching iBill as a client - and she is not alone!
So... I'm damned if I can see how iBill/PHSL/IBD are going to set up any banking relationship - the track record has been kinda fucked.