iBill
IBill Parent Says It Needs to Restate Earnings for 4 Quarters
Interactive Brand Development reported in a filing to the Securities and Exchange Commission that it needs to restate its financial statements for the last four quarters. IBD, which owns third-party credit card processor iBill, has a 35 percent stake in Penthouse and an approximate 18 percent share in ITVN.
IBill ‘Still Working’ on Paying Clients, Decides to Outsource Processing
Interactive Brand Development said Wednesday that iBill is “still working” to pay online adult companies that settled with the company last year. In related news, iBill has decided to outsource its online payment processing to Etelegate.com, an unrelated third-party processor.
IBill Denies Exposing 17 Million Customers' Data
IBill denied allegations the company leaked credit card information that may have eventually made its way onto the Internet and into the hands of fraud artists and spammers. Wired News reported that 17 million customers have had their personal information released over the Internet.
IBill Terminates Shopping Cart Service
IBill issued a notice late Monday stating that it would no longer be processing tangible goods and was discontinuing its Catalog Shopping Cart option for Complete or Processing Plus clients.
Guccione Zeroes in on Penthouse, iBill and Others in Suit
Penthouse founder Bob Guccione has filed suit in New York County Court, claiming that Penthouse Media Group and its executives drove his empire into bankruptcy.
iBill Sponsors ASACP
LOS ANGELES – Association of Sites Advocating Child Protection (ASACP) has announced that iBill is supporting its mission as a Corporate Sponsor.
iBill Operating Despite Hurricane Wilma
DEERFIELD BEACH, Fla. – Internet Billing Company (iBill) has announced that it is back in full swing after the near catastrophic hit endured by South Florida last week as Hurricane Wilma ripped through Broward County, doing extensive damage to the area and causing many businesses to close down, at least temporarily. With electric power and water knocked out at its corporate headquarters for nearly a week, iBill continued its credit card processing without interruption.
IBill Parent Says It Needs More Financing to Pay Off Debts
Interactive Brand Development, in a filing Tuesday with the Securities and Exchange Commission, said that in order satisfy its debts it must obtain additional financing.
IBill Sees Gain in New Client Sign-Up Traffic
Third-party processor iBill is seeing a gain in new client sign-up traffic as it attempts to swing to a profit, its parent company said Friday.
IBill to Meet With Webmasters at Internext
DEERFIELD BEACH, Fla. – Internet Billing Company ("iBill"), a subsidiary of Interactive Brand Development, Inc., will be attending Internext Expo, Aug. 5-7 in Hollywood, Fla.
IBill Launches Blog
Third-party processor iBill and its parent company, Interactive Brand Development, entered the blogsphere this week with the unveiling of G Spot News, a blog aimed at increasing traffic for adult webmaster clients.
IBill Claims to Have Fixed Payment Glitch
Responding to criticism that it has not paid affiliates in its latest round of payment settlements, Internet payment services provider iBill admitted that a temporary accounting glitch had left revshare payments undistributed to webmasters.
IBill ‘Moving Forward’ Despite IBD Earnings Report
Interactive Brand Development President Gary Spaniak Jr. sees his company, which owns iBill, "moving forward.” Spaniak’s positive outlook is a bright one, despite last week’s news that the adult-entertainment company posted a net loss of $3.4 million for fiscal year 2004.
IBill Attempts Turnaround
Internet Payment Processor iBill is in turnaround, its president says, and disgruntled webmasters owed money from the frozen coffers of merchant account First Data will be getting checks by the beginning of next week, at the latest, he claims.
iBill Under Scrutiny, Braces for Lawsuits
Embattled Internet Payment Services Provider iBill is weathering a lengthy review by Corporate Revitalization Partners, a Texas-based turnaround firm. The IPSP’s reputation is in ruins amid charges of misappropriating millions of dollars from clients in the adult and mainstream worlds.
IBill Parent Hires Firm to Restructure Company
Interactive Brand Development has hired Corporate Revitalization Partners to help turn around the company. The firm has staffed senior executives on-site at iBill's corporate headquarters in Deerfield Beach, Fla., to advise on day-to-day management for iBill.
Cybersocket Settles IBill Advertising Dispute
As the list of disgruntled webmasters and advertisers begins to mount against troubled payment processor iBill, Cybersocket won a recent victory for non-payment of advertising based on two claims filed in Los Angeles Superior Court’s Small Claims division.
Cybersocket Sues IBill for Nonpayment
In an attempt to take a stand against “what iBill has done” to the online community, Cybersocket co-owner Morgan Sommer has filed two legal claims against the third-party processor over nonpayment of advertising. The claims total $10,000 and are for back payment for two months of advertising.
IBD Stock Trading Halted, Forced to Acquire IBill
Trading on all stock of media holding company Interactive Brand Technologies, which had recently been informed of its imminent delisting from the American Stock Exchange, was halted last week after it was forced to complete its acquisition of third-party payment processor iBill.
IBill Acquisition Falls Through
Media holding company Interactive Brand Development Inc., formerly known as Care Concepts, has called off its acquisition of beleaguered third-party billing company iBill, according to company filings obtained by XBiz.