Intercept INC 3 month chart lends even more credence to Wig (and I believe Monk) investment strategies of cycle investing
Intercept has an ugly quarterly report
http://biz.yahoo.com/e/021114/icpt10-q.html last Thursday and their stock rises
Ibill has problems and will continue to have problems (Dianna, I ranted and raved about the check box and even busted Ibill making fradulent posts to Netpond about the check boxes)
and Intercept seems to be saying they didn't fully know what they were getting when they acquired Ibill
If they do go chapter 11 don't expect to get paid - Not anything you're owed including rebill and reserves and current payments
maybe Intercept will just close them down, I don't really see a lot of assets associated with Ibill but I do see a lot of liability (they have data management challenges, process for adult sites, are having at least $75K in fines passed on to them among other things)- closing is just purely speculation on my part - Ibill could also be sold again - one supposed to be born every minute
A few adult internet companies went back to processing with Ibill and I thought that may keep them afloat for a while .... but it may also have been due to challenges with merchant acounts