okay, so ibill is now sold - GoFuckYourself.com

quiet · 03-22-2004, 11:19 PM

http://news.moneycentral.msn.com/tic...mbo l=US:ICPT

Quote:

ATLANTA, March 22 /PRNewswire-FirstCall/ -- InterCept, Inc. ICPT, a leading provider of technology products and services for financial institutions, announced that it closed today the sale of its merchant services division, InterCept Payment Solutions (IPS). The sale was consummated via two separate transactions -- one for the sale of Internet Billing Company, LLC (iBill) and another for the sale of the remainder of the IPS business. The total sale price for both transactions was $53.5 million, which is $16.1 million more than the sale price stated in a letter of intent for the sale of IPS announced in February.

to Penthouse. thoughts?

Voodoo · 03-22-2004, 11:20 PM

This spot for sale.

Martin · 03-22-2004, 11:21 PM

Damn.

NetRodent · 03-22-2004, 11:22 PM

And they got it for a steal. Aside from the debt.

tootie · 03-22-2004, 11:22 PM

Wow, that's pretty big news!

420 · 03-22-2004, 11:22 PM

penthouse owns ibill now?

Reak · 03-22-2004, 11:23 PM

uh oh

SomeCreep · 03-22-2004, 11:23 PM

Martin · 03-22-2004, 11:24 PM

Quote:

Originally posted by Reak
uh oh

I would think this is a good thing?

Vox · 03-22-2004, 11:24 PM

Quote:

Originally posted by quiet
http://news.moneycentral.msn.com/tic...mbo l=US:ICPT

to Penthouse. thoughts?

Don't be surprised if Penthouse starts spamming your members.

KMR Stitch · 03-22-2004, 11:26 PM

hmmm, can't be good.

03-22-2004, 11:26 PM

let's see where this goes

SleazyDream · 03-22-2004, 11:26 PM

Quote:

Originally posted by Vox

Don't be surprised if Penthouse starts spamming your members.

baaa - who cares. it would only be one of a hundred spams a day that came from someone at ibill that 'leaked' their client list to spammers

HS-Trixxxia · 03-22-2004, 11:26 PM

They'll have access to allot of marketing & statistics info.....Penthouse online will certainly be reinvented.

chowda · 03-22-2004, 11:27 PM

well lets home penthouse knows how to run a company properly this time comin

WiredGuy · 03-22-2004, 11:27 PM

Quote:

Originally posted by quiet
to Penthouse. thoughts?

I'm actually very interested in your thoughts considering you use ibill for such a large percentage of your business.

WG

Martin · 03-22-2004, 11:28 PM

Quote:

Originally posted by Trixxxia
They'll have access to allot of marketing & statistics info.....Penthouse online will certainly be reinvented.

True.

NetRodent · 03-22-2004, 11:30 PM

Quote:

Originally posted by chowda
well lets home penthouse knows how to run a company properly this time comin

Yes. Especially in light of Bob Guccione's comments in this article:
http://www.avnonline.com/issues/2003...081903_3.shtml

FilthyRob · 03-22-2004, 11:30 PM

Interesting

KRL · 03-22-2004, 11:32 PM

Run don't walk.

Vitasoy · 03-22-2004, 11:32 PM

damn....

Shoplifter · 03-22-2004, 11:33 PM

It can't be good. I feel that one of the only reasons it weathered the whole IPSP thing was due to ICPT's clout with the banking industry.

Having it run by known pornographers may marginalize it, even though it always has been a porn outfit. It's out of the closet now.

The other thing is the dirt cheap price. Really it was just $700k and the assumption of the operational debt. WTF is up with that? I should have bought it just for kicks.

chowda · 03-22-2004, 11:34 PM

quiet man, u could have easily bought ibill and ran it urself

dominating no?

brand0n · 03-22-2004, 11:35 PM

Quote:

Originally posted by KRL
Run don't walk.

you should listen to this

quiet · 03-22-2004, 11:35 PM

Quote:

Originally posted by Shoplifter
The other thing is the dirt cheap price. Really it was just $700k and the assumption of the operational debt. WTF is up with that? I should have bought it just for kicks.

i agree, it looks pretty crazy from the outside.

Bansheelinks · 03-22-2004, 11:35 PM

Bad news in the long term

quiet · 03-22-2004, 11:35 PM

Quote:

Originally posted by brand0n

you should listen to this

been said for the last 3 years.

SleazyDream · 03-22-2004, 11:36 PM

Quote:

Originally posted by chowda
quiet man, u could have easily bought ibill and ran it urself

dominating no?

i don't think quiet was ibill's largest client. maybe top 10 - i'd think more like top 20.

Mutt · 03-22-2004, 11:36 PM

are you talking about Penthouse as in General Media, Bob Guccione etc?

they aren't even out of bankruptcy protection yet.

KRL is right ..... run don't walk.

NetRodent · 03-22-2004, 11:39 PM

Quote:

Originally posted by Mutt
are you talking about Penthouse as in General Media, Bob Guccione etc?

they aren't even out of bankruptcy protection yet.

KRL is right ..... run don't walk.

General Media (the magazine publisher) filed for bankruptcy. Its parent company, Penthouse International, isn't in bankruptcy. Still cause for concern though.

chowda · 03-22-2004, 11:39 PM

Quote:

Originally posted by SleazyDream

i don't think quiet was ibill's largest client. maybe top 10 - i'd think more like top 20.

thats true. but he can easily afford to buy ibill (if it was really 700k)

and looking at his paysite, he wont screw ppl over if he ran ibill.

my

HS-Trixxxia · 03-22-2004, 11:40 PM

From the perspective of a big affiliate program owner, I think it's not good for them for a competitor to have 1) a hold of their income 2) a hold of their client lists 3) a hold of their financial situation

From the perspective of an investor - it's shady - they filed for bankruptcy not too long ago with their own money - what will they do with mine

If I would be using them, I'd worry for those two reasons + if there were reasons for the government to seize the assets/funds of IBill incase there are discrepancies on the bankruptcy and what not...

Trax · 03-22-2004, 11:40 PM

i dont like that at all

NetRodent · 03-22-2004, 11:40 PM

Quote:

Originally posted by chowda

thats true. but he can easily afford to buy ibill (if it was really 700k)

And the small matter of 22 million in debt.

SleazyDream · 03-22-2004, 11:42 PM

Quote:

Originally posted by chowda

thats true. but he can easily afford to buy ibill (if it was really 700k)

and looking at his paysite, he wont screw ppl over if he ran ibill.

my

it's a big risk to assume, but from his rep on GFY alone tons would flock to ibill if quiet did buy it.

but why? -the same people would flock to him if he started a billing company from scratch. Why bother buying a sinking ship and assuming that debt.

let it go under, buy the scarps at rock bottom prices and start new with no debt.

chowda · 03-22-2004, 11:42 PM

Quote:

Originally posted by NetRodent

And the small matter of 22 million in debt.

write it off for years and years and not claim any profit?

NiTe-HaWk · 03-22-2004, 11:42 PM

Glad I don't promote many ibill sites.

quiet · 03-22-2004, 11:42 PM

Quote:

Originally posted by NetRodent

And the small matter of 22 million in debt.

no problem, fletch, aaronm and sleazy will be on my board of directors!!

NetRodent · 03-22-2004, 11:44 PM

Quote:

Originally posted by chowda

write it off for years and years and not claim any profit?

You still have to pay the creditors.

SleazyDream · 03-22-2004, 11:44 PM

Quote:

Originally posted by quiet

no problem, fletch, aaronm and sleazy will be on my board of directors!!

hey - fltech and aaron are US citizens with US addresses. There's the US principal!!!!!!!!!!

NetRodent · 03-22-2004, 11:45 PM

Quote:

Originally posted by quiet

no problem, fletch, aaronm and sleazy will be on my board of directors!!

I don't think sig sales could pay that off anytime soon.

Bansheelinks · 03-22-2004, 11:45 PM

One of the Big 3 owned by Penthouse? Nice track record lately for PH.........this can't be good.

chowda · 03-22-2004, 11:45 PM

Quote:

Originally posted by SleazyDream

it's a big risk to assume, but from his rep on GFY alone tons would flock to ibill if quiet did buy it.

but why? -the same people would flock to him if he started a billing company from scratch. Why bother buying a sinking ship and assuming that debt.

let it go under, but the scarps at rock bottom prices and start new with no debt.

well lookin at quiet's ibill stats, i dont think he wants them to go under.. i hope not at least.

i dont know much about bankruptcy, but cant they just declare bankruptcy and operate under restructure? kmart did that no?

integrated · 03-22-2004, 11:46 PM

it was so cheap because they are going backwards.

you would need ALOT of money behind to take this on

JulianSosa · 03-22-2004, 11:51 PM

Goodnight Ibill

psyko514 · 03-22-2004, 11:54 PM

Ibill and Penthouse. Jettis and Hustler. Interesting.

goBigtime · 03-22-2004, 11:55 PM

Quote:

Originally posted by Vox

Don't be surprised if Penthouse starts spamming your members.

Technically I don't think they are your members... as far as the transaction goes anyway.

monkeysnap · 03-22-2004, 11:56 PM

WOW. This should get interesting.

eroswebmaster · 03-22-2004, 11:56 PM

once again it's a daily barrage in this biz...more ups and downs than a bi-polar crack whore

quiet · 03-22-2004, 11:56 PM

Quote:

Originally posted by psyko514
Ibill and Penthouse. Jettis and Hustler. Interesting.

for sure.

03-22-2004, 11:20 PM	#2
Voodoo ♥ ♦ ♣ ♠ Industry Role: Join Date: Sep 2002 Location: Porn Valley, CA Posts: 10,590	This spot for sale. __________________ "I'm selflessly supporting the common good, but only coincidentally looking out for No.1."

03-22-2004, 11:21 PM	#3
Martin "Assassins" Industry Role: Join Date: Dec 2001 Location: At home Posts: 17,277	Damn. __________________

03-22-2004, 11:22 PM	#4
NetRodent Confirmed User Join Date: Jan 2002 Location: In the walls of your house. Posts: 3,985	And they got it for a steal. Aside from the debt. __________________ "Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats." --H.L. Mencken

03-22-2004, 11:22 PM	#5
tootie Confirmed User Join Date: Jun 2003 Location: Planet Earp Posts: 6,041	Wow, that's pretty big news! __________________

03-22-2004, 11:22 PM	#6
420 cuck Industry Role: Join Date: Mar 2003 Posts: 11,571	penthouse owns ibill now? __________________ <!--BEGIN SIMUTRONICS PLAY BUTTON CODE --> <p align="center"> <a href="http://buddy.play.net/dr?TMOREAU1"> <img src="drplay.gif" width="128" height="64" alt="Play DragonRealms!"></a></p> <!--END SIMUTRONICS PLAY BUTTON CODE -->

03-22-2004, 11:23 PM	#7
Reak So Fucking Banned Join Date: Mar 2003 Location: 420Calendar.com Posts: 17,920	uh oh

03-22-2004, 11:23 PM	#8
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	__________________ Webair Hosting I use and recommend Webair for hosting.

03-22-2004, 11:26 PM	#11
KMR Stitch I am cool Join Date: Jul 2003 Posts: 14,494	hmmm, can't be good.

03-22-2004, 11:26 PM	#12
buddyjuf Guest Posts: n/a	let's see where this goes

03-22-2004, 11:26 PM	#14
HS-Trixxxia Confirmed User Join Date: Mar 2002 Location: Montreal Canada Posts: 2,946	They'll have access to allot of marketing & statistics info.....Penthouse online will certainly be reinvented. __________________ ~~♥~~♥~~♥~~♥~~♥~~♥~~♥~~♥~~ Patrizia COO - ♥ MassiveDollars Email: patrizia at MassiveDollars dot com ICQ: 465.826.441 Yahoo: trixxxia_me MSN: trixxxia at hotmail dot com

03-22-2004, 11:27 PM	#15
chowda Confirmed User Join Date: Jun 2003 Location: Gooch city Posts: 9,527	well lets home penthouse knows how to run a company properly this time comin __________________ Someone finds you... 2007 PS: Nationalnet is the best host I've ever had. And i tried alot of them.

03-22-2004, 11:30 PM	#19
FilthyRob Confirmed User Join Date: Feb 2004 Location: Anaheim - CA Posts: 6,741	Interesting __________________ AKA - Clubsexy

03-22-2004, 11:32 PM	#20
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Run don't walk. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

03-22-2004, 11:32 PM	#21
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	damn.... __________________ [email protected]

03-22-2004, 11:33 PM	#22
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,566	It can't be good. I feel that one of the only reasons it weathered the whole IPSP thing was due to ICPT's clout with the banking industry. Having it run by known pornographers may marginalize it, even though it always has been a porn outfit. It's out of the closet now. The other thing is the dirt cheap price. Really it was just $700k and the assumption of the operational debt. WTF is up with that? I should have bought it just for kicks.

03-22-2004, 11:34 PM	#23
chowda Confirmed User Join Date: Jun 2003 Location: Gooch city Posts: 9,527	quiet man, u could have easily bought ibill and ran it urself dominating no? __________________ Someone finds you... 2007 PS: Nationalnet is the best host I've ever had. And i tried alot of them.

03-22-2004, 11:35 PM	#26
Bansheelinks Confirmed User Join Date: Apr 2003 Posts: 6,023	Bad news in the long term

03-22-2004, 11:36 PM	#29
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	are you talking about Penthouse as in General Media, Bob Guccione etc? they aren't even out of bankruptcy protection yet. KRL is right ..... run don't walk. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

03-22-2004, 11:40 PM	#32
HS-Trixxxia Confirmed User Join Date: Mar 2002 Location: Montreal Canada Posts: 2,946	From the perspective of a big affiliate program owner, I think it's not good for them for a competitor to have 1) a hold of their income 2) a hold of their client lists 3) a hold of their financial situation From the perspective of an investor - it's shady - they filed for bankruptcy not too long ago with their own money - what will they do with mine If I would be using them, I'd worry for those two reasons + if there were reasons for the government to seize the assets/funds of IBill incase there are discrepancies on the bankruptcy and what not... __________________ ~~♥~~♥~~♥~~♥~~♥~~♥~~♥~~♥~~ Patrizia COO - ♥ MassiveDollars Email: patrizia at MassiveDollars dot com ICQ: 465.826.441 Yahoo: trixxxia_me MSN: trixxxia at hotmail dot com

03-22-2004, 11:40 PM	#33
Trax [----------------------] Join Date: Aug 2001 Posts: 14,487	i dont like that at all

03-22-2004, 11:42 PM	#37
NiTe-HaWk Confirmed User Join Date: Jul 2003 Location: USA Posts: 1,196	Glad I don't promote many ibill sites. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

03-22-2004, 11:45 PM	#42
Bansheelinks Confirmed User Join Date: Apr 2003 Posts: 6,023	One of the Big 3 owned by Penthouse? Nice track record lately for PH.........this can't be good.

03-22-2004, 11:46 PM	#44
integrated Confirmed User Join Date: Apr 2003 Location: west end Posts: 3,826	it was so cheap because they are going backwards. you would need ALOT of money behind to take this on __________________ Pioneer of .TV domains Grandfather of .TV development Respected among industry LEADERS

03-22-2004, 11:51 PM	#45
JulianSosa Confirmed User Join Date: Aug 2003 Posts: 3,042	Goodnight Ibill

03-22-2004, 11:54 PM	#46
psyko514 See sig. Join Epic Cash. Join Date: Oct 2002 Location: Montreal, Quebec. ICQ: 214702014 Posts: 22,366	Ibill and Penthouse. Jettis and Hustler. Interesting. __________________ Bad Girl Bucks - 50% Revshare through CCBill. Promote BrandyDDD, Pixie's Pillows, Action Allie and more! Phoenix Forum Pics \| Webmaster Access Montreal pics email: psyko514(a)gmail.com \| icq: 214-702-014

03-22-2004, 11:56 PM	#48
monkeysnap Confirmed User Industry Role: Join Date: Sep 2003 Location: Los Angeles, CA Posts: 603	WOW. This should get interesting. __________________ I make sex games and you might also know me as 'orange'.

03-22-2004, 11:56 PM	#49
eroswebmaster March 1st, 2003 Join Date: Jul 2001 Location: Seat 4 @ Venetian Poker Room Posts: 20,295	once again it's a daily barrage in this biz...more ups and downs than a bi-polar crack whore __________________ For rent - ICQ 127-027-910 Click here for more details