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AURORA, Colo. — Internet Billing Company, Inc., doing business as iBill, has announced a debt conversion program for creditors of the Deerfield, Fla.-based company previously known as iBill. iBill is a provider of turnkey ecommerce solutions for small and large businesses around the world, providing secure transaction services that enable merchants to accept and process realtime payments for goods and services purchased over the Internet. Founded in 1997, sold by 2002, and insolvent by 2007, iBill Fla. processed payments mainly in the adult entertainment arena, from which 99 percent of the unpaid claims spring. With estimated outstanding claims in the millions, IBill Fla. became defunct in 2007, and in 2008 iBill, Colo., registered the lapsed trademarks, and purchased the relevant Internet domain more here http://www.xbiz.com/news/news_piece.php?id=118144&mi=all&q=ibill |
| It is currently March 10th, 2010, 9:32 am |
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All times are UTC - 5 hours |