More Ibill News...

Nickatilynx · 01-03-2005

December 30, 2004 09:01 AM US Eastern Timezone

PHSL Worldwide, Inc. Announces $10.4 Million Payment Expected by January 31, 2005

DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Dec. 30, 2004--PHSL Worldwide, Inc. (Pink Sheets:PHSL) announced that the payment by Interactive Brand Development of the termination fee of $10.4 million is expected to be received by January 31, 2005. As previously disclosed, PHSL is being paid the fee pursuant to an agreement with IBD and in connection with its recent $16.475 million private placement that included Internet Billing Company (iBill).

PHSL intends to use the $10.4 million payment to enhance the balance sheet and liquidity of its iBill subsidiary. iBill is the principal operating subsidiary of PHSL.

The consideration for the payment is twenty million IBD shares and a $1.0 million promissory note. The shares were registered by IBD with the US Securities and Exchange Commission on Form S-3.

iBill sells access to online services and other downloadable products (music, games, videos, personals, etc.) to consumers through proprietary web-based payment applications. The iBill online payments systems manage transaction authorization on the global financial networks such as Visa® and MasterCard®. Since 1996, iBill has established a trusted brand with consumers and online businesses with 27 million customers in 38 countries. In 2003, iBill averaged 1.2 million transactions per month and completed approximately $330.00 million in gross transactions.

About PHSL Worldwide, Inc.

PHSL is a media holding company which publishes magazines under the PENTHOUSE™ name in Mexico, pursuant to a pending license agreement with Penthouse Media Group. In addition to publishing, PHSL Worldwide has significant real estate holdings in Ixtapa, Mexico that it intends to develop. PHSL owns iBill, an online payment processor of credit cards and financial transactions. PHSL is majority owned by the Molina Vector Investment Trust, an entity controlled by Dr. Luis Enrique Fernando Molina.

DrGuile · 01-03-2005

Looks like you'll be paid in Pesos...

Olé!

Nickatilynx · 01-03-2005

pesos , lira.

It'd be something.

cmi still says "updated 22nd dec"

Wonder what their booth will be like at the show?

Top_Of_Google_Man · 01-03-2005

Quote:

Originally posted by Nickatilynx@Jan 3 2005, 09:11 PM
pesos , lira.

It'd be something.

cmi still says "updated 22nd dec"

Wonder what their booth will be like at the show?

Very busy.....possibly with extra security lol

egor256 · 01-03-2005

are you still sending traffic to ibill? hm..

gonzo · 01-04-2005

Quote:

Originally posted by Nickatilynx@Jan 3 2005, 03:11 PM
pesos , lira.

It'd be something.

cmi still says "updated 22nd dec"

Wonder what their booth will be like at the show?

Breaking internext show floor news....

There is no ibill booth. We had planned to set up a cam and wait for the fun.

Rumor is anths company got the booth space. I hope they didn't buy the company.

Ibill has killed a lot of programs lots of people are looking to sell and on in specific is out 190k.

Now you know why ibill wanted you back.

Rolo · 01-04-2005

Well - thats information is 3 weeks old... only thing new is the date of the $10.4M "stock/promissory" money. Would have been nice with $10.4M in cash, but maybe some banker/investor/loaner etc. think this will make IBill more interesting to loan/give money... who knows?

egor256 · 01-04-2005

one my friend is begging for 170k from ibill for a long time... the problem is inside FD, I think, not with ibill. and if they need more money, it's just a problem of money. not about bad management or bad attitude to clients - us...

or?

Nickatilynx · 01-05-2005

Payout Update
iBill continues to make substantial progress and we are close to putting our September 16, 2004 problems behind us.

To this end, iBill has obtained an investment from a New York fund management company. We received the first $2 million installment this week.

It is our sincerest intent to ensure all of our webmasters that are processing with iBill are kept current on funds owed going forward.

For Wednesday, January 5, 2004, the following payouts will be made:
12/08/04 RevShare Payout

12/22/04 RevShare Payout

For Tuesday, January 11, 2004, the following payouts will be made:
12/15/04 US Payout

12/19/04 EU Payout

The 01/01/05 US payout, 01/05/05 EU payout and past due EU reserves will be funded in January. An update on payout dates will be provided on January 11, 2004. Thank you again for your continued support. We look forward to resuming a reliable payout schedule with you and earning your business. We will continue to update you as we move forward.

01-03-2005	#2
DrGuile french with welsh tendancies Join Date: Oct 2002 Posts: 2,007	Looks like you'll be paid in Pesos... Olé! __________________ LiveBucks / Privatefeeds - Giving you money since 1999 Up to 40% Commission! 25% Webmaster Referal

01-04-2005	#7
Rolo Members Join Date: Dec 2002 Location: Six Feet Under Posts: 2,150	Well - thats information is 3 weeks old... only thing new is the date of the $10.4M "stock/promissory" money. Would have been nice with $10.4M in cash, but maybe some banker/investor/loaner etc. think this will make IBill more interesting to loan/give money... who knows? __________________ "Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918

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01-03-2005	#1
Nickatilynx Banned Want to see your own Advertising Here! Join Date: Oct 2002 Location: Vancouver Canada Posts: 15,115	December 30, 2004 09:01 AM US Eastern Timezone PHSL Worldwide, Inc. Announces $10.4 Million Payment Expected by January 31, 2005 DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Dec. 30, 2004--PHSL Worldwide, Inc. (Pink Sheets:PHSL) announced that the payment by Interactive Brand Development of the termination fee of $10.4 million is expected to be received by January 31, 2005. As previously disclosed, PHSL is being paid the fee pursuant to an agreement with IBD and in connection with its recent $16.475 million private placement that included Internet Billing Company (iBill). PHSL intends to use the $10.4 million payment to enhance the balance sheet and liquidity of its iBill subsidiary. iBill is the principal operating subsidiary of PHSL. The consideration for the payment is twenty million IBD shares and a $1.0 million promissory note. The shares were registered by IBD with the US Securities and Exchange Commission on Form S-3. iBill sells access to online services and other downloadable products (music, games, videos, personals, etc.) to consumers through proprietary web-based payment applications. The iBill online payments systems manage transaction authorization on the global financial networks such as Visa® and MasterCard®. Since 1996, iBill has established a trusted brand with consumers and online businesses with 27 million customers in 38 countries. In 2003, iBill averaged 1.2 million transactions per month and completed approximately $330.00 million in gross transactions. About PHSL Worldwide, Inc. PHSL is a media holding company which publishes magazines under the PENTHOUSE™ name in Mexico, pursuant to a pending license agreement with Penthouse Media Group. In addition to publishing, PHSL Worldwide has significant real estate holdings in Ixtapa, Mexico that it intends to develop. PHSL owns iBill, an online payment processor of credit cards and financial transactions. PHSL is majority owned by the Molina Vector Investment Trust, an entity controlled by Dr. Luis Enrique Fernando Molina.

01-03-2005	#5
egor256 Members Join Date: Jan 2005 Posts: 7	are you still sending traffic to ibill? hm..

01-05-2005	#9
Nickatilynx Banned Want to see your own Advertising Here! Join Date: Oct 2002 Location: Vancouver Canada Posts: 15,115	Payout Update iBill continues to make substantial progress and we are close to putting our September 16, 2004 problems behind us. To this end, iBill has obtained an investment from a New York fund management company. We received the first $2 million installment this week. It is our sincerest intent to ensure all of our webmasters that are processing with iBill are kept current on funds owed going forward. For Wednesday, January 5, 2004, the following payouts will be made: 12/08/04 RevShare Payout 12/22/04 RevShare Payout For Tuesday, January 11, 2004, the following payouts will be made: 12/15/04 US Payout 12/19/04 EU Payout The 01/01/05 US payout, 01/05/05 EU payout and past due EU reserves will be funded in January. An update on payout dates will be provided on January 11, 2004. Thank you again for your continued support. We look forward to resuming a reliable payout schedule with you and earning your business. We will continue to update you as we move forward.