Originally posted by Lee
You know what i just realized...

Penthouse filed for a chapter 11 bankruptcy order a few months ago didnt they? Makes you wonder just how financialy viable iBill is going to be now.

Weird if you ask me a company files for bankruptcy then buys a billing processor

Regards,

Lee
Not if they filed for Reorganization. I think it's chapter 13. It's still a bankruptcy proceeding. If memory serves a company in chapter 11 can not buy or sell stocks. A comapny in chapter 13 can proceed as normal, but must file the companies new organization structure to prove ongoing solvency.

GA