So Whats The Latest On iBill?

[Lee]

Havent really heard much about them as of late, are things running how they should be on the good ship iBill recently?

I know a few people were waiting on payments, did you actually get them as promised?

Regards,

Lee

[tombarr]

We got our FDR reserves, but that does not really relate to the money IBill owes us..

We signed the "gun to the head" agreement which gives them two years to pay the money they owe us. It is worded kind of strangely so not really sure when we get any money.

they are paying through an actuary now who seems to be paying consistently and on time thus far, having recieved 4 of 4 payments from them at this time.

[LavenderLounge]

Just spoke to Steve Levine, Ibill's in-house attorney.

I got a judgement from Small Claims Court in Oakland, CA on April 19. Still no payment. Back then he said they would be settling some cases on May 10. Today he said Ibill didn't give him the budget he requested on May 10 and they are meeting again on June 10.

Ibill also hired a guy named Todd Gravelle to help settle cases and re-activate webmasters. On the phone they both sound like their last job was working for the Sopranos - in the kneecap busting department. I'm very suspicious.

Steve Levine - 954-363-4417
Todd Gravelle - 954-363-4860