On April 5, 2002, the Company received notice from its merchant bank that a certain credit card association assessed fines as a result of the Company exceeding certain pre-established chargeback
thresholds. The fine amount withheld by the merchant bank approximates $1.2 million and pertains to transactions processed for the month of January 2002. The Company is currently disputing the validity of
these fines through its merchant bank; however, there can be no assurance that the fines will be reversed.
During the first quarter of 2002, the Company ("Seller") entered into an Asset Purchase Agreement with Intercept, Inc. ("Purchaser") to sell substantially all of its assets and liabilities for an initial amount of
$112 million plus potential monies from an earn out that extends through December 31, 2003. This transaction closed on April 8, 2002. From the gross proceeds, certain monies totaling $19.6 million were
escrowed in accordance with the terms of the Asset Purchase Agreement.
On April 10, 2002, the Board of Directors reduced the unit exercise price for 1,130,000 options to zero. This action was approved as a means to reward for faithful service.
During March and April 2002, the Company's merchant bank increased its reserves to $19 million for the purpose of guaranteeing the payment of potential future chargebacks, increased transaction volume, and the potential risk that the Purchaser would change merchant banks for the settlement of transactions processed.
Serge
Mon, 13 May - 15:21:35 172.148.159.54 Post #: 80100
DrGuille - you take a dive?? Say it isn't so!!
I do not think I will break top 50 hahaa But I know nothing about hockey.
Of course I though I knew a lot about football but sucked that one too!
Mike AI
Mon, 13 May - 15:12:04 63.100.104.52 Post #: 80099
darn,
Im about to take a dive in the NHL pickem standings
So, for my last day as #1, I would just like to say a big 'fuck you' to everyone/anyone who will be passing me by in the standings!
;)
DrGuile
Mon, 13 May - 14:56:37 216.18.119.1 Post #: 80098
Any of you Canadians need a new collections agent?
Mon, 13 May - 14:55:43 12.226.153.78 Post #: 80097
Ahhh come on Jeff, you have people around here saying that Ashcroft and Bush were going to destroy all of our rights... that democrats are the only people who would keep us safe.
Going back to 96 would be good, but those days are over... we are dealing with 2003 soon enough...
Mike AI
Mon, 13 May - 14:52:20 63.100.104.52 Post #: 80096
Jeff,
I still haven't got my invitation for BBQ!
;-)))
Serge
Mon, 13 May - 14:37:21 172.137.170.205 Post #: 80095
Mon, 13 May - 14:31:58 64.105.76.173 Post #: 80094
Agreed Mike,
I would like nothing better than seeing all Harcore content behind a pay shield..
It would be like 96-97 all over again - but....I Like dreaming....cause dreaming will make me rich.
The sky is not falling - even the most republican of republican Supreme Court is not going to overture the First Amendment... But they will hit us everywhere they can. JeffShit.....If you don't know by now
Mon, 13 May - 14:30:24 64.105.76.173 Post #: 80093
MikeAI....that's a good choice to not come visit me....you just never know what dangers lie in the corners of my house...hehe
<< GiGi,
I think she just loves you and likes staying with you as long as she possibly can and does EVERYTHING in her power to prolong the visit >>
Ya know Serge, I think yer exactly right...haha....but it's more her wanting to stay as long as possible for my kiddies....she HATES being so far away. ;o)
Mon, 13 May - 14:03:48 24.69.255.204 Post #: 80092
Absolutely Jeff!
I agree with you, people tend to take the smallest news ( many times without reading it) and blowing it up, and start the sky is falling routine.
I think there is enough of us who have been around long enough to know the reality of the situation.
I still think an effective COPA would help business.
Mike AI
Mon, 13 May - 13:29:16 63.100.104.52 Post #: 80091
COPPA revisited -
I see links to article's everywhere and people saying the sky is falling. Does anyone actually read....
Quotes from the Washington Post
"The Court expresses no view as to whether COPA suffers from substantial overbreadth for reasons other than its use of community standards, whether the statute is unconstitutionally vague, or whether the statute survives strict scrutiny," said Justice Clarence Thomas, writing for the majority.
"The court vacated the lower court's decision, and remanded the case back to the appeals court, saying "prudence dictates allowing the Third Circuit to first examine these difficult issues."
Today's action, however, has no effect on the 1999 district court ruling that bars the government from enforcing the law."
The only thing they did was say applying community standards is not unconstitutional, they also said there was a LOT of other stuff in there that is unconstitutional - and they are STILL not allowed to enforce it.
Mon, 13 May - 13:23:59 64.105.76.173 Post #: 80090
Vick that is the amazing thing about the Internet. Our current concepts of laws is going to need a major overhaul. It is definately something that is going to be a major challenge for the courts, and for our industry!
Mike AI
Mon, 13 May - 13:18:50 63.100.104.52 Post #: 80089
When it comes to community standards and locations there is something I have always been confused about
If I have servers in California, live in Maryland and a person in Salt Lake City, Utah access images from my site that are by community standards of Salt Lake City "harmful to minors" who is held accountable and where do they stand trial? If I am held responsible as the content provider then the standards of Salt Lake city are imposed upon the entire nation.
Don't think it is a bad thing, just very confusing
I think I would love to see a version of this law upheld and all the American based free hosts and TGP out of the business. Of course short term, lacking vision and or good business sense cockholsters would move every where else around the world. How can the US expect to police the internet? Ok content deemed "harmful to minors" is made illegal from being hosted in the USA and punishable by law, what happens when a US based person accesses "harmful to minors" content from around the globe?
Vick I read the Supreme Court opinion and it is very narrow. It could provide some hope for us porn slingers though by helping get rid of the huge abundence of free porn.
Mike AI
Mon, 13 May - 12:51:42 63.100.104.52 Post #: 80087
NOTHING surprises me anymore...
Serge
______________
AMEN SERGE!
Mike AI
Mon, 13 May - 12:12:23 63.100.104.52 Post #: 80085
but that is sick
Nick
***********************
Nick,
NOTHING surprises me anymore...
Serge
Mon, 13 May - 12:07:18 172.137.170.205 Post #: 80084
OK, Serge,I'll take your word for it.
Now I can go with kinky,but that is sick
Nick
Mon, 13 May - 12:03:32 24.69.255.204 Post #: 80083
GiGi,
I think she just loves you and likes staying with you as long as she possibly can and does EVERYTHING in her power to prolong the visit
;-)))
Serge
Mon, 13 May - 12:03:13 172.137.170.205 Post #: 80082
Ouch.... GiGi remind me not to visit you on family holidays! ;-)
Mike AI
Mon, 13 May - 12:01:46 63.100.104.52 Post #: 80081
Morning Oprano :o)
Hope you all had a wonderful weekend....especially all you mom's out there. :o)
My weekend was a disaster all starting when my mother broke her foot falling on my stairs. 2 days before Mother's Day, and 3000 miles from home. (she is visiting from Toronto)....of course on her last visit she ended up in emerg too when she was cutting the LAST peel and stick tile we were putting in and cut through her finger with an exacto knife....lol....I think my house is a bad omen for her. :P
Spending time and dating anti-semites is one example in everyday life.
**********************
MikeAI,
historically, Jews like to excell in everythign they do, and when Jew decides to excell in STUPIDITY,
he usually succeeds and goes where no gentyles went before
;-)))
Serge
Mon, 13 May - 11:34:11 172.137.170.205 Post #: 80074
I agree with that one Serge. Even today many Jews seek out opression. Spending time and dating anti-semites is one example in everyday life.
Mike AI
Mon, 13 May - 11:32:02 63.100.104.52 Post #: 80073
Mike,
I shed no tears for him finding axe in his back in Mexico City...
Serge
Mon, 13 May - 11:26:32 172.137.170.205 Post #: 80072
Serge, anti-semetism by Jews is very common... many bolshevicks, including Trosky were Jews.
Mike AI
Mon, 13 May - 11:23:57 63.100.104.52 Post #: 80071
MikeAI,
100% true and right on the money
"The discussions on the forum have a definite anti-Western bent, particularly anti-American. They are critical of American foreign policy. Some of the members of the forum also express anti-Semitic views."
they banned me because I was telling themn what a fucking cocksucking losers they all were...
If I wrote this NYT article, I wouldn't have much to add to what was written there already.
The quirk in all this,
one of those boards is run by 1/2 Jew, 1/2 Russian dude who is one of the biggest contributors in anti-semitism hysteria in Russia.
Go figure this out...Freud, where are you?
Serge
Mon, 13 May - 11:20:11 172.137.170.205 Post #: 80070
Mike, I didnt see that.
Are you serious?
That is quite possibly
the saddest story I
have ever heard.
Mon, 13 May - 10:56:22 209.81.207.156 Post #: 80064
wig - you are one tough redneck.
bill - funny guy ;)
Zooted webmsters - Just want to announce that beginning today, May 13, period 96, we will be paying $35 per signup and for those who get 40 or more sigups a week, $40 a signup.
jonas (zOOted - 8 Hot Gay Sites to Promote, Serge's Favorit!)
Mon, 13 May - 10:48:26 216.189.162.55 Post #: 80063
Mon, 13 May - 10:37:34 24.69.255.204 Post #: 80062
Voodoo, did you see the attorneys that are sueing the US gov't because there were no watering holes for illegal aliens to drink water when trying to cross into the US through the desert?
I saw that and I was livid.... maybe we should put up rest stops and reaturants too!
Fucking cockholsters!
Mike AI
Mon, 13 May - 10:30:40 63.100.104.52 Post #: 80061
Voodoo,
do you have NORMAL friends?
;-)
Serge
Mon, 13 May - 10:28:06 172.137.170.205 Post #: 80060
MikeAI,
Good point!!!
One of my good friends is
an attorney in NYC, I tell
him everyday what a cockholster
he is, he thinks Im joking.
:-))))
Mon, 13 May - 09:40:43 24.69.255.204 Post #: 80054
Voodoo, trial lawyers have been taking over the world... they find suits and arguements where none esisted, they pay off the politicans and thus we live in a world that is so litigous soon nothing will ever get done.
Mon, 13 May - 09:28:29 216.66.64.207 Post #: 80052
see 60 Minutes last night? Hussein killed 5,000 Iraqui rebels with biochemicals.
He had to be killed soon, very soon.
mutt
Mon, 13 May - 09:16:24 66.185.85.76 Post #: 80051
Wig
It was just a big mess. No it wasn't the gun's fault. If anything I think the woman should have also been charged for giving a gun to someone who was on drugs and angry. It was a failure of our system for letting someone who is mentally ill to own a gun. It was a failure of our system to offer treatment to someone who had tried to get help with their drug problem many times over the twenty years that I had known him.
Our problems with our society run much deeper then what any law can fix.
Cleo that sucks about your being shot, but it has more to do with the unstable person behind the gun rather then the gun.
This person could have come after you with an automobile, a baseball bat, numerous kitchen knives, or other weapons.
Though it is unde-reported by the press, guns save people lives everyday.
To stop gun crimes, is simple, but liberals won't do it - because they think its the guns fault not the person operating it. ( amazing how people blame inanimate objects)
To end gun crime: any crime commited with a gun, even if it is unloaded, or a fake fun is punishable with a minimum jail sentence of 40 years. If the gun is fired in a crime, it is life. If someone is killed, death penalty.
Don't take guns away from legitimate responsible owners, lets put the criminals and nutcakes away.
Mon, 13 May - 09:03:04 66.157.51.116 Post #: 80049
so the Court threw it back to a lower court. That law is way too broad, no way it goes anywhere.
All of these laws they keep trying to pass are doomed. Thank god for the Constitution. There are already pornography laws on the books, the do gooders are going to have to realise one day that you can't make a whole set of new laws just for the Net, enforce the laws you have and forget about tilting at windmills.
mutt
Mon, 13 May - 09:02:32 66.185.85.76 Post #: 80048
yeap, VL,
time to watch because:
"Still, Thomas said the government remained barred from enforcing the law as a lower court now should consider whether it was unconstitutionally vague, too broad for other reasons or fails to survive strict scrutiny. "
can be resolved at any time ...
Serge
Mon, 13 May - 08:46:45 172.137.170.205 Post #: 80047
Mon, 13 May - 07:59:54 24.147.73.216 Post #: 80045
Cleo,
I am truly sorry and it sounds like a
terrible experience. He should have
been put away for the 20!
Accountability is the only long-term
prevention!!!
I still don't see why this is the
guns fault. ;-) Sounds to me like
whether a gun was around or not this
was a bad and dangerous situation.
"The problem with guns is more often then not they end up in the wrong hands instead of helping to defend you."
So, the problem is not that he was a
mean drunk with a temper who was
also high on heroin?!?!? ;-)
Better bone up and re-contemplate. ;-))
Wig
Mon, 13 May - 07:59:53 63.151.255.189 Post #: 80044
congratulations meni. it's a well deserved honor.
mutt
Mon, 13 May - 07:50:54 66.185.85.76 Post #: 80043
all this talk of FL
reminds me
Pompano will have a parade in my honor on Friday Meni (The Golden Tongue)
Mon, 13 May - 07:31:32 24.147.73.216 Post #: 80042
Wig
The gun was legally owned by a mentally ill woman. I was shot by my ex husband. It had been many years since we were together so it had nothing to do with our past relationship. He has a had drug and drinking problem with a bad temper, but not really violent. We were over and the gun owners house and he was very drunk and high on heroin. I was laying on a couch bitching at him for being drunk. Have you every seen how pissed a drunk gets when you call them a useless drunk. I was just sick of baby sitting him and told him that he was just a stupid drunk at which time she put a gun in his hand.
One cat got killed and I took two bullets and the rest went into the ceiling.
The problem with guns is more often then not they end up in the wrong hands instead of helping to defend you.
He did a year and is now under 7 years of parole with drug and anger control treatment plus forced to work at Burger King in Orlando Florida. I could have put him in jail for 20 to life, but agreed to this.
The woman after stalking me and terrorizing me has gone into hiding.
anybody wanna buy my AK-47?
--------------------------------
Russian made or Chinese made ?
Chinese made blow ;((
I still have some nice armor pearcing rounds from my last one.
nothing like seeing a 6ft flame coming out the barrel at night
:-))
Cybrglide
Mon, 13 May - 07:22:04 65.34.116.33 Post #: 80040
Jim,
obviously this is getting to be a popular feature,
we are working on it as we speak
;-)))
Serge
Mon, 13 May - 07:21:24 172.131.13.142 Post #: 80039
AWWRRIGHT...how do we do the cool color and picture shit!
JimMr$$$ (Is Serge going to make it to PAYDAY?)
Mon, 13 May - 07:17:17 65.35.91.68 Post #: 80038
Mutt,
I wonder WHO's gonna take a role of leading Oprano tranny expert
;-))
Serge
Mon, 13 May - 07:13:24 172.131.13.142 Post #: 80037
Safer said that "a growing number of [doctors] are no longer just asking patients if they smoke or drink or diet and exercise, they're asking if there's a gun in the house. Guns, they believe, are hazardous to our health."
********************************
geeze,
anybody wanna buy my AK-47?
;-))
I feel it affects my health!
;-))
Serge
Mon, 13 May - 07:11:11 172.131.13.142 Post #: 80036
Trannies really give me the creeps.
Especially the ones with bigger dicks than me.
Are most trannies men in the middle of being medically changed into women? Or are most born like the picture below?
mutt
Mon, 13 May - 07:09:29 66.185.85.76 Post #: 80035
now I just ride my mule up and down the mountains and drink beer. It's safer. ;-)
*********************************
Wow....Jill must be in really good shape! doh! 8^)
Jonas, sorry to hear about your accident. Probably a good thing we can't make it down there.... now that you can't get on your knees when you see me! doh! 8^)
Then again.... CybrGlide is ALWAYS good for that! hehe
Mon, 13 May - 07:04:36 216.66.64.207 Post #: 80032
voodooman
You used up your two paragraphs in identical posts.
Wig
I got shot in three of my fours limbs. For a few months I was a one legged helpless complete bitch. I now really appreciate walking, wiping my ass and all the other things that us bipeds do.
Mon, 13 May - 06:50:38 216.66.64.207 Post #: 80028
Voodooman,
Yeah, it's amazing the things you take
for granted. Writing, wiping your
ass, brushing your teeth, etc. ;-))
I'm fat and out of shape, so now I just
ride my mule up and down the mountains
and drink beer. It's safer. ;-)
Wig
Mon, 13 May - 06:50:37 63.151.255.189 Post #: 80027
Wig, Jonas,
Sorry to hear about your
bad weekend, you guys
should be more careful.
:-))
Wig, I can sympothize with
you, I had a compound fracture
to the right wrist, freaky.
Mon, 13 May - 06:40:11 216.66.64.207 Post #: 80026
What is your infatuation
with guys getting fucked
up the ass?
**************************
(in 10 paragraphs or less, please)
;-)))
Serge
Mon, 13 May - 06:40:02 172.131.13.142 Post #: 80025
wig - ouch. that is why you never go alone. and i carry a cellphone.
*********************
I was with a buddy, but we were deep
in the mountains and there is
nothing anyone could do to get me
out. I either had to walk back and
leave my bike or ride it.
My buddy hauled ass in front of me
and got his truck and met me as
close as he could get. Still, I had
to ride several miles to get to the
road. ;-(
Wig
Mon, 13 May - 06:31:12 63.151.255.189 Post #: 80024
Cleo,
What is your infatuation
with guys getting fucked
up the ass?
Mon, 13 May - 05:34:41 144.137.186.15 Post #: 80015
so I am happy to be guided ;)
**********************************
some girls do, some girls don't....
;-))
woiks both ways with me
;-))
Serge
Mon, 13 May - 05:33:26 172.131.13.142 Post #: 80014
HB,
that was constructive critisism, nothing nore,
glad you are not getting pissy on me
;-))
Serge
**********************************
No problems Serge ; )
I'm just too blonde to take offence
*grin*
Hey Serge, I appreciate the honesty and feedback, you obviously read the text.
As you know I am fairly new to the Adult side, so I am happy to be guided ;)
Mon, 13 May - 05:29:41 144.137.186.15 Post #: 80013
HB,
that was constructive critisism, nothing nore,
glad you are not getting pissy on me
;-))
Serge
**********************************
No problems Serge ; )
I'm just too blonde to take offence
*grin*
Hey Serge, I appreciate the honesty and feedback, you obviously read the text.
As you know I am fairly new to the Adult side, so I am happy to be guided ;)
Mon, 13 May - 04:32:23 216.189.162.55 Post #: 80011
damn hillbillys, i guess they couldn't get new wheels for their horse and buggy. ;)
We will try for next week then, as long as i get this splint off my hand. Funny thing is, i was kidding with emil that morning that if we fuck up our right hand, we are screwed cause we can't work. I am going to have to get insurance on my right hand in case this happens again.
jonas (zOOted - 8 Hot Gay Sites to Promote, Serge's Favorit!)
Mon, 13 May - 04:29:32 216.189.162.55 Post #: 80010
Jonas, please e-mail me your number,
let me cheer you up!
Serge
Mon, 13 May - 04:27:13 172.135.117.10 Post #: 80009
slid down a mountain
***************************
mountain in Florida????????????
where? where?
;-)
Serge
Mon, 13 May - 04:26:23 172.135.117.10 Post #: 80008
ok. we will try for next week. Unless the hillbillys come down before.
Mon, 13 May - 04:26:06 216.189.162.55 Post #: 80007
I have not heard from the hillbillys at achdebit.com
*******************************
they are not coming
;-(((
Serge
Mon, 13 May - 04:25:37 172.135.117.10 Post #: 80006
Jonas,
yes, let's make plans for the next week before weekend.
Sorry to hear that, mano,
how do you feel?
Serge
Mon, 13 May - 04:21:39 172.135.117.10 Post #: 80005
hmmmm how does the colors and images work Serge?
****************************
I don't know...you gotta ask cj,
she did it,
look at her post#79992
Serge
Mon, 13 May - 04:19:30 172.135.117.10 Post #: 80004
serge - good to see you back. is there still going to be a get together? I have not heard from the hillbillys at achdebit.com.
By the way, was doing some mt. biking on friday, and wiped out. slid down a mountain on my knees and crashed into a tree. knees are ripped up and my trackball hand is in a splint. going to an ortho tomorrow.
jonas (zOOted - 8 Hot Gay Sites to Promote, Serge's Favorit!)
Mon, 13 May - 04:17:49 216.189.162.55 Post #: 80003
HB,
that was constructive critisism, nothing nore,
glad you are not getting pissy on me
;-))
Serge
Mon, 13 May - 04:12:03 172.135.117.10 Post #: 80002
on a side note on the topic of cc processing isn't there something new going on with visa as well regarding some kind of certification-like regulations that visa is going to require processors to meet?
ytcracker