So iBill has been sold

[Winetalk.com]

Originally posted by scoreman@Mar 23 2004, 10:21 PM


You are misinformed as to the Internet division of General Media. The Internet Division was GM's shining star, and the financial papers filed with the SEC lists them grossing about 500-650k a month. Thats a pretty outstanding number considering they do not have a real affiliate program. I myself was a bit skeptical of those numbers but while General Media was for sale recently, in the due diligence towards making an offer on this company, I was able to see additional documentation of this SEC 10k listed revenue. Believe it, they have good revenue monthly in their internet division.

Whether you love iBill or hate them, anyone who has a significant role in the adult internet market has a vested interest in seeing all of the processors remain in business, not only for the stability but also the competition factor they bring.

hmmmm..are you sure about that???

Were the publically traded company???

I never knew that, IF it's true, and if it is NOT, as I suspect,
why, WHY would they file anything with SEC????

please explain....