Oprano Adult Industry Forums - Jettis isnt the only one cashing out

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Interesting, looks like a paper deal. If it is possible, it gives me even LESS confidence in Ibill.

Quote:

Originally posted by Mike AI@Jul 30 2004, 09:11 AM
Interesting, looks like a paper deal. If it is possible, it gives me even LESS confidence in Ibill.

I don't understand why. This is a good deal for them, and it's a JV stock move, so it will only put them in a better position to raise capital

Quote:

Originally posted by sperbonzo+Jul 30 2004, 12:30 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (sperbonzo @ Jul 30 2004, 12:30 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-Mike AI@Jul 30 2004, 09:11 AM
Interesting, looks like a paper deal. If it is possible, it gives me even LESS confidence in Ibill.

I don't understand why. This is a good deal for them, and it's a JV stock move, so it will only put them in a better position to raise capital [/b][/quote]

Do you really beleive this?

What capital are they going to raise? What is the capital for?

Epoch, Jettis, CCBill are not public nor did they have a need to access markets for capital.

Any company that has been sold more then once a year raises red flags for me.

I HOPE Ibill comes around as a stable processing company, the industry needs it. However, I will wait and see how things shake out over there.

Mike, time to move that "2.5 left" down to "2.1"

Quote:

Originally posted by Dravyk@Jul 30 2004, 05:37 PM
Mike, time to move that "2.5 left" down to "2.1"

Yes indeed. Thanks for pointing that out!!