[gonzo]

Originally posted by Opti@May 23 2003, 11:21 AM
Dear Valued Customers:

As you all probably know there has been a lot of uproar in the Adult Entertainment business lately. Some of our friends and competitors had no choice but to cease operations and we had
to take into consideration the same fate as all the others, means the end of GloboSale.net.
Gladly for us we managed to keep our system alive and working but we must put in force the following drastic changes, which will affect the way for you how to conduct business with us
in the future.

GloboSale.net will end immediately processing content in the non nude and nude sector under the age of 18 and likewise we will and can not accept links which might point to an website promoting underage content. All websites affected by our decision will be disconnected today.
We deeply regret this decision and not being able to give you advance notice in this case but to keep our system working and to comply we had no other choice than act the way we did. The suspended accounts will be handled according to the agreement.
All customers which are not affected by our decision must new be registered with ICRA (Internet Content Rating Association) and labelled on the websites. http://www.icra.org

You also must on your first website (Starting page) explicit point out that this is an adult site and that the user must be of legal age to enter the site. This procedure must be followed for our and your own safety.
Furthermore we must inform our valued customers, that due to the pressure and new requirements imposed and passed on by Visa and Mastercard our account has been disconnected already 14 days ago without prior notice to us. At that point we had to decide in either close the operations immediately or to continue accepting transactions without being able to authorize them. We decided not to close our operation but to accept the transactions and today we can inform you that, all the transactions done in the last 14 days will be processed. This means to you, that not all transaction batched and executed will go through the system and therefore some have to be debited to your account.

Of course we will do our best that as many as possible transactions will be processed.
We do regret but we think that we acted in your interest in handling the business the way we did. The credit notes will be retroactivated to the correct transaction date and debited correctly. This means, that the calculation from Monday May 19 is not correct and must be redone and recalculated. The calculation of next Monday, May 26 must be postponed for a couple of days. Good news is that the payments will not be affected and paid out as usual.

We are well aware that this statement is hard to take but our philosophy is to inform our customers correctly and truthfully. We are very proud of the service that we have offered and are proud to have the opportunity to continue working with you in an honest and clear environment and way.
If we want to continue our business there is no other choice for us and for you as our customer and partner to meet and comply with the requirements imposed by the Credit Card companies.

Sincerely

Andreas De Terra
GloboSale.net
Chairman of the Board of Directors

Looks like I lost the bet. It was globlowsmell instead of globill.

But hey they arent all the way out of the biz right?