Just a quick note that we sent this out to our webmasters today. For anyone that may not have got it here it is.
Tom.
Wednesday, March 16, 2005
RE: Logixxx, Lawsuits & iBill
Dear Webmasters,
I am writing to inform you of the recent iBill-related events at logixxx.com.
As you are probably aware, iBill ran into some rather major problems in September 2004. IBill was our primary credit card processor up until October 2004, at which time we - like so many others - switched over to alternate payment processors.
LOGIXXX AFFILIATE PAYMENTS
With the exception of payouts for the last few weeks, we have continued to pay you as usual, including the 65% commission on rebills currently being withheld by iBill.
Late cheques have been sent from Australia this week, with the latest cheque run being sent tomorrow. The delay was due to my horrendous workload with 2257 due-diligence & getting our iBill lawsuit underway more than anything.
iBill is currently processing & withholding recurring revenues for signups that occurred prior to September 2004, and accounts for approximately 10% of our current rebills. We will continue to pay you a commission on these rebills and hope to get the card numbers released by iBill soon.
AFFILIATES PAID BY IBILL
Unfortunately a small number of our webmasters chose to have their affiliate payments distributed directly by iBill and have not been paid.
Yesterday, we filed a complaint against iBill in the Broward County Circuit Court to recover these funds and named our ‘affiliates’ in the lawsuit.
If you are one of the webmasters affected by this then I have sent you an email asking you to participate directly in the lawsuit at no cost to yourself.
FUTURE PAYMENTS
While this is a little bleep on the radar for us, we are doing the right thing & I think you can agree that in the past we have always paid on time.
Our new credit card processing arrangement is going smoothly, and we have some really exciting new products on the way!
If you need an update, my direct email is tom@logixxx.com, icq 13933865, or you can call my desk phone on +61-3-9820-0805. And yes the form on the website is working again! Sorry about that!
Best Regards,
Tom
Affiliate Manager
www.logixxx.com
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