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View Full Version : DV2 - Chapter 11 Bankruptcy Filed May 1 - No Longer Multi-homed
bancruptcy news 07-31-2002, 08:27 PM Well, after seeing a thread here back a few weeks ago that was removed, I did some more research, and found out the rumors to be true - DV2, Incorporated, has filed for Chapter 11 Bankruptcy in the United States Bankruptcy Court, Northern District of Georgia, Atlanta Division as of May 1, 2002. Obviously since DV2 and Tranxactglobal are so closely connected - with Tranxact using DV2 IP space, equipment, and bandwidth, this means real trouble for TranxactGlobal. It also has come to my attention that DV2 has lost their connectivity to NationalNet, which means that they are only connected to one provider - Netrail/Cogent (one in the same). This means they are no longer providing the promised multi-homed bandwidth.
Here is evidence of my claims:
DV2, Incorporated filed for Chapter 11 Bankruptcy in Georgia on May 1. Their case number is 02-94626. You can verify the existence of this record by calling the Northern District of Georgia's toll-free information system at 1-800-510-8284, option 2. Enter the case number without the dash, hit pound, and it will read off the information pertinent to the case. If you're international, you can call +1-404-730-2866. You can obtain a copy of the filing if you are local to Atlanta by visiting the court - directions are available at http://www.ganb.uscourts.gov/. I hope to have access to the Public Access to Court Electronic Records system, or PACER shortly, so that I can post a link to a copy of the filing online.
They are no longer multi-homed because they lost their connectivity to NationalNet. You can see the listing of their peers at http://www.fixedorbit.com/AS/16/AS16626.htm - it shows only Netrail and Cogent. Unfortunately for DV2, Netrail was acquired by Cogent a while back, so having a Netrail and a Cogent connection is simply like having two connections to Cogent (same peers, running on the same network).
Finally - for a bit of irony - look at Jeff Hinkle criticizing companies for choosing a provider in Chapter 11 Bankruptcy on a public list - http://isp-lists.isp-planet.com/isp-colo/0105/msg00402.html.
So, in light of these discoveries, I would advise you to make backup plans for your dedicated server and colo providers - DV2 may not be around for much longer.
I hope that the administrators of this board will not remove this posting, because it contains very important information for customers of DV2 who need to be informed about what's happening behind the scenes. Thanks for listening.
clocker1996 07-31-2002, 08:36 PM so why not post on your normal username?
Word of the year: "Bankruptcy"
Originally posted by clocker1996
so why not post on your normal username?
Not defending him, but would it really make a difference?
Samuel 07-31-2002, 08:39 PM OOps
thesmallguyshost 07-31-2002, 08:41 PM Originally posted by clocker1996
so why not post on your normal username?
why does it matter? it's factual information... why does it matter where it came from? whoever it was would just get blasted somehow for 'bashing' another company when all they are doing is reporting something that persons may want to know before investing money in a server.
and it's funny how someone asked if they had filed bankruptcy a few weeks ago and it was denied and the thread got REMOVED... not just ended.
freeva 07-31-2002, 08:57 PM Damn.. Look like dedicated server pricing is on the way up... Or maybe rackshack is going to take over the world..lol.
Samuel 07-31-2002, 09:02 PM Re: Colo space in San Diego??? help
To: isp-colo@isp-colo.com
Subject: Re: Colo space in San Diego??? help
From: Jeff Hinkle <jhinkle@dv2.com>
Date: Thu, 31 May 2001 13:20:08 -0400
why go with someone in Chapter anything when there are other providers that are
not???? Seems like something to get fired over when the boss asks - "who signed
up with a company in bankruptcy?"
"Scheulov, Daniel" wrote:
_______________________________________
> From: Bill Pavich [mailto:pavich@nctimes.com]
> Sent: Thursday, May 31, 2001 12:20 PM
> To: isp-colo@isp-colo.com
> Subject: Colo space in San Diego??? help
>
> I was ready to move into Colo.com in san diego just before they chapter
> 11'd, so now I am in a bind. I can't find another colo.com in the san diego
> area at all. Does anyone have any ideas or can recommend a carrier neutral
> colo? I need mfs/worldcom and time warner local loops into the facility.
> The only option I have seen so far is switch&data, which i'm going to call
> today, but I heard they are maxed out at their facility.
>
> If anyone has any colo options they can recommend, please shout away!
>
> I need 4 racks.
>
All I can say is wow.
I never knew this stuff was happening behind the scenes...
thesmallguyshost 07-31-2002, 09:19 PM Originally posted by freeva
Damn.. Look like dedicated server pricing is on the way up... Or maybe rackshack is going to take over the world..lol.
Why would server pricing be going up?
ReliableServers 07-31-2002, 09:20 PM Originally posted by freeva
Damn.. Look like dedicated server pricing is on the way up... Or maybe rackshack is going to take over the world..lol.
Pull a Yipes....all debt gone and still the same people own it....funny how this stuff works.
freeva 07-31-2002, 09:21 PM Originally posted by rastoma
Why would server pricing be going up?
Maybe proving $99 server is not sustainable?? who knows..
MikeA 07-31-2002, 09:23 PM The moral of this story is, cheaper doesn't mean better.
MotleyFool 07-31-2002, 09:45 PM I can never ever come to grips with the way Modern America does business..
thesmallguyshost 07-31-2002, 10:03 PM Originally posted by freeva
Maybe proving $99 server is not sustainable?? who knows..
ahh.. i thought maybe he saying DV2 was a large business and that RS would now corner the market if they went under :)
clocker1996 07-31-2002, 10:03 PM Originally posted by rastoma
why does it matter? it's factual information... why does it matter where it came from? whoever it was would just get blasted somehow for 'bashing' another company when all they are doing is reporting something that persons may want to know before investing money in a server.
and it's funny how someone asked if they had filed bankruptcy a few weeks ago and it was denied and the thread got REMOVED... not just ended.
i was just wondering, my god
calm down
no need to get up all on my case
headsurfer 07-31-2002, 10:08 PM I believe that there is more to the story but Jeff will have to enlighten us to the "rest of the story".
Jeff is a good guy. I hope that he will share the additional information in this forum.
Robert
Alan - Vox 07-31-2002, 10:08 PM Rackshack should buy them out
thesmallguyshost 07-31-2002, 10:09 PM So I wonder why no comments from Jeff or anyone from Cabal Studios?
Imran was quick to jump in on the post a few weeks ago and emphatically said DV2 had NOT filed bankruptcy. But he's been getting quite comfy with other businesses... most notably Transoptics.... so if there were no problems I wonder why he has been out looking for other places to resell servers through?
http://www.webhostingtalk.com/showthread.php?s=&threadid=57372&perpage=15&highlight=transoptic&pagenumber=4
thesmallguyshost 07-31-2002, 10:10 PM Originally posted by clocker1996
i was just wondering, my god
calm down
no need to get up all on my case
dude... YOU calm down.... i wasn't getting on your case :)
i was just pointing to the fact that people on WHT can't say anything about another host without getting blasted for it :D
clocker1996 07-31-2002, 10:12 PM Originally posted by rastoma
dude... YOU calm down.... i wasn't getting on your case :)
i was just pointing to the fact that people on WHT can't say anything about another host without getting blasted for it :D
lol
i am calm
you on the other hand sound like you want to see dv2 burn =/
just saying thats the impression I get
does not mean its true
thesmallguyshost 07-31-2002, 10:22 PM Originally posted by clocker1996
lol
i am calm
you on the other hand sound like you want to see dv2 burn =/
just saying thats the impression I get
does not mean its true
No, no..... I don't want to see that... the fire may damage 56 Marietta across the street.. :)
Seriously though, I want just as much of a chance to make a living at this stuff as DV2 has had and I'm not jumping around gleefully at this. I've known about this news for a couple of months now, and I hope things stay together for the sake of their customers.
I've had my differences with Jeff.. and the lawsuits he's threated me with (which is no big deal.. he threatens EVERYBODY with a lawsuit). I'm not perfect... and I have a LONG ways to go before I can say I'm better than anyone else. But things have a funny way of coming back to bite you in the ass :) There is a lot more to the story.... but I doubt anyone will tell it all.
alchiba 07-31-2002, 10:58 PM Chapter 11 isn't the end of the world, but it's certainly not promising. Maybe this helps to explain why my emails to Jeff don't get returned?
BTW, that recording has an appropriately ominous tone to it.
Techark 07-31-2002, 11:01 PM Read the tranxactglobal forum Jeff is in England at the moment and he posted an emergency email address where customers can contact him if need be.
Incognito 07-31-2002, 11:13 PM There is nothing wrong with posting the information. However, when the first poster (under an new name) uses the name, "I Hate DV2" it tends to cloud the motive.
That said, I have experienced no deterioration of service, have continued to get excellent response from the entire staff, and remain pleased with the overall service of DV2. Do I have some concern...of course...but I do with most providers because their financial situation is not public. DV2's will be public as a result of their filing.
There are many things that lead to Chapter 11 filings...some very bad...some quite understandable. Without knowing the rest of the story, we are only speculating. Some of us may have additional information, but can't disclose it.
Once again, Robert Marsh shows class in stepping to the defense of Jeff, a competitor. I applaud that.
If we are only going to deal with providers we have absolute proof are financially stable, we will have to shut the entire industry down, unfortunately. We have many more Chapter 11's coming.
Let's just keep things in perspective.
coight 07-31-2002, 11:26 PM So what will happen with customers, why are they still misleading customers about multihomed, I now see why the decline in the network speeds. Why did cabalstudios deny the rumor? If I had known that I wouldn't purchased any more servers what can I do now?
I find it a bit insulting that noone ever bothered contacting me or any other clients regarding this issue. Did they wan't to disappear overnight without being noticed?
alchiba 07-31-2002, 11:27 PM Originally posted by Monte
Read the tranxactglobal forum Jeff is in England at the moment and he posted an emergency email address where customers can contact him if need be.
Thanks for posting that info. As I'm not a customer, I wouldn't know to look there for his whereabouts. Maybe it's a moot point anyway.
thesmallguyshost 07-31-2002, 11:35 PM Originally posted by Myacen
So what will happen with customers, why are they still misleading customers about multihomed, I now see why the decline in the network speeds. Why did cabalstudios deny the rumor? If I had known that I wouldn't purchased any more servers what can I do now?
Maybe Jeff never told Imran since Imran just resells their servers there.
Andrew 07-31-2002, 11:37 PM Originally posted by Myacen
So what will happen with customers, why are they still misleading customers about multihomed, I now see why the decline in the network speeds. Why did cabalstudios deny the rumor? If I had known that I wouldn't purchased any more servers what can I do now?
I find it a bit insulting that noone ever bothered contacting me or any other clients regarding this issue. Did they wan't to disappear overnight without being noticed?
Agreed. I've noticed the decline in network speed as well. I'm reserving my judgement on this though, until we get some kind of official word from cabalstudios or Jeff.
coight 07-31-2002, 11:44 PM Originally posted by rastoma
Maybe Jeff never told Imran since Imran just resells their servers there.
Why would they wan't to move to a different noc then?
FDrive 07-31-2002, 11:44 PM I didnt believe this thread when I saw it came from the username "I hate DV2", but I called the number and it does say they filed for Chapter 11... I hope Jeff posts here soon... I took my servers out of the DV2 datacenter a while ago, but I'm still concerned for them... Jeff, Shazad, and Imran are all good people, I hope everything's OK.
Many companies do file for Chapter 11, for various reasons. But, Jeff is the only one that can explain it.
From what I understand of Chapter 11, it allows the company to reorganize it's debts. While still being able to pay it's employees, and to continue doing business.
thesmallguyshost 08-01-2002, 12:05 AM Originally posted by Myacen
Why would they wan't to move to a different noc then?
This is true.... that even occured to me a few messages ago but I thought I'd give Imran the benefit of the doubt :)
MCHost-Marc 08-01-2002, 12:24 AM Me and one of our employees have been talking to DV2 about this a few days ago. While they did file for bankruptcy, they will not be ceasing operations. Filing for chapter 11 doesn't mean you're going to close down, but it does offer companies a protection. Is WorldCom ceasing operations? No.
Think before you talk and act ...and don't panic.
Samuel 08-01-2002, 12:36 AM Thanks for the confirmation again Marc on the financial problems of DV2, disapointing really... I actually wanted to see them propel into the statos.
mrbling 08-01-2002, 12:36 AM Heres my guess on what happened,
They had illusions of grandeur of selling many many servers, were locked into big bandwidth agreements, T3s, oc3s, for several providers for 2 years.
The Leased lines were totalling up to more then thye can pull in from selling $99 server, their data center rent is also skyrocketing,
so
Several t3 lines($30-50k) + Datacenter rent ($5-10k) + Several employees + Another expenses
When you sell $99 servers and make $30 profit off of each, you will go bankrupt.
They now have too much expenses but are still locked into those t3's and oc3 contracts for 2 years since they wanted a discount (providers lock you into long contracts and give you discounts)
So now they file chapter 11 to get out of it.
Hmm, I think I'm good.
Yeah? No? Give me your opinions :)
WoodShedd 08-01-2002, 12:45 AM DV2 is relatively large. Maybe this will serve as a sort of a warning to other providers.
Its high time that bandwidth was expensive for the consumer again.
I read somewhere that some companies have used Chapter 11 to get out of long term bandwidth contracts. E.g. ones, from when bandwidth was horridly expensive.
Techark 08-01-2002, 01:13 AM Originally posted by mrbling
Heres my guess on what happened,
They had illusions of grandeur of selling many many servers, were locked into big bandwidth agreements, T3s, oc3s, for several providers for 2 years.
The Leased lines were totalling up to more then thye can pull in from selling $99 server, their data center rent is also skyrocketing,
so
Several t3 lines($30-50k) + Datacenter rent ($5-10k) + Several employees + Another expenses
When you sell $99 servers and make $30 profit off of each, you will go bankrupt.
They now have too much expenses but are still locked into those t3's and oc3 contracts for 2 years since they wanted a discount (providers lock you into long contracts and give you discounts)
So now they file chapter 11 to get out of it.
Hmm, I think I'm good.
Yeah? No? Give me your opinions :)
I really think you guys should first give Jeff a chance to explain before jumping to conclusions.
Try and remember there is more to DV2 than just the server end. There is also a telco and DSL provider. I have been lead to believe it is the Telco DSL arm that has filed Chap 11 the dedicated server area has not.
Hopefully when Jeff gets on line again he will post and clear it up a little more.
I don't think wild guesses and speculation is going to help at all until then.
my 0.02 cents.
TimPD 08-01-2002, 01:41 AM I knew this was coming. I hope everything turns out good for Jeff and DV2. He is a good guy.
Techark 08-01-2002, 01:43 AM Originally posted by TimPD
I knew this was coming. I hope everything turns out good for Jeff and DV2. He is a good guy.
Can I ask how you knew this was coming Tim?
Samuel 08-01-2002, 01:52 AM Yea Tim, what did you know?
You knew they were filing, or just speculated that.
TimPD 08-01-2002, 02:05 AM How did I know? I just do. I guess I knew. With delays in servers, the offers they was giving etc I knew it would finally happen.
MCHost-Marc 08-01-2002, 02:13 AM I actually knew about this weeks ago, from talking to DV2. :D
Originally posted by Kiwi
I actually knew about this weeks ago, from talking to DV2. :D
Thanks for the heads up :stickout :eek: :cartman:
zdwebhosting 08-01-2002, 02:19 AM i hope they come out of this kickin and dont go under
best of luck DV2
Aussie Bob 08-01-2002, 02:27 AM I guess we'll see hosts advertising in the forums with "Not DV2 servers" :rolleyes:
Aussie Bob 08-01-2002, 02:28 AM Originally posted by Haze
Thanks for the heads up :stickout :eek: :cartman:
You didn't expect Marc to be shouting this one from the rooftops, did you? :stickout
tjquoll 08-01-2002, 02:30 AM DV2, Incorporated, has filed for Chapter 11 Bankruptcy in the United States Bankruptcy Court, Northern District of Georgia, Atlanta Division as of May 1, 2002.
This was 3 months ago and they're still going..! Am I missing something here....?
Samuel 08-01-2002, 02:31 AM I knew this was coming damnit, my Dr Pepper started to get stickier!
Funny really, the delays in servers, lack of response from sailor, the rampant cross dressing, man.... all the signs were there.
Originally posted by Aussie Bob
You didn't expect Marc to be shouting this one from the rooftops, did you? :stickout
Nah.. no hard feelings either Marc. Im just ticked that eservers didn't tell us / denied what was happening.
Originally posted by tjquoll
This was 3 months ago and they're still going..! Am I missing something here....?
Yeah, your missing 3 months :stickout
coight 08-01-2002, 02:33 AM Originally posted by Haze
Nah.. no hard feelings either Marc. Im just ticked that eservers didn't tell us / denied what was happening.
Yes I am also, with the response from Imran on that day lead me to believe everything was sound hence I ordered some more servers...
coight 08-01-2002, 02:35 AM Oh, and for all these people saying "$99" servers we are paying $230USD/mth for each of ours.
porcupine 08-01-2002, 02:37 AM I can't imagine dv2 is just going under due to financial problems, it seems a debt reconstruction is far more likely, because if they were in so many financial woes, why not have sold out to rackshack when rackshack offered to buy them up (this was awhile ago, might be false info, but hey, i read it on here), i'd rather walk away from a biz with my customers happy, my pockets in decent shape, and my reputation intact then go down in a blaze of glory, to say the least.
tjquoll 08-01-2002, 02:40 AM Yeah, your missing 3 months
I knew I shouldn't have inhaled... :eek:
Aussie Bob 08-01-2002, 02:44 AM Originally posted by Myacen
Oh, and for all these people saying "$99" servers we are paying $230USD/mth for each of ours.
Still nice and cheap though. But I guess it depends on what you're comparing that against.
Techark 08-01-2002, 02:47 AM Originally posted by Aussie Bob
Still nice and cheap though. But I guess it depends on what you're comparing that against.
Twice the cost of RackShack 1/2 the cost of RackSpace. So in the middle I would say and about what I am paying also.
coight 08-01-2002, 02:51 AM Business is as usual I have been told, it has nothing to do with the hosting (server) side of things, these services will be uneffected.
I have also been told that we would have been told if it was going to affect us but since their server business is running in a healthy profit, we have nothing to be concerned about.
:cool: Breathes a sigh of relief:D
Aussie Bob 08-01-2002, 02:57 AM Originally posted by Monte
Twice the cost of RackShack 1/2 the cost of RackSpace. So in the middle I would say and about what I am paying also.
I pay much more than that for our servers but I get a datacenter like NAC [not that they're impervious to these issues]. I'd like to have gone to rackspace, but they didn't have any machines in the $400 to $500/mth price range. Their Linux servers start at $250 for some small box with crappy specs and then jumps to around the $800/mth mark. There's nothing inbetween. :eek:
Aussie Bob 08-01-2002, 02:59 AM Originally posted by Myacen
I have also been told that we would have been told if it was going to affect us but since their server business is running in a healthy profit, we have nothing to be concerned about.
With all that's happened with corporate America, you're happy with that spin?? I would not be sleeping easy if I had servers in DV2. But that's just me and yes, I'm paranoid as hell. :eek:
mrbling 08-01-2002, 03:00 AM why no buyout?
I'll give you my opinion once again :)
Those $99 server customers are a dime a dozen, post an offer in the advertising forum and you got 10 clients, why would rackshack purchase dv2 clients when people are fighting over the servers at rackshack?
rackshack isn't in need of more $99 clients, they don't make anybody any money, and tons of those flocking around to anybody who would sell servers for $99.
look at fdcservers.net and you got your answer!
I have nothing against dv2 or rackshack, but its just so funny when I can make the same profit selling a virtual hosting client for $25 where my expense for that client is like $2 and the profit is like $23 while rackshack/and others sell $99 servers and only make $25-30 per client + $400 in startup costs for the servers.
silly business plans some people got
heehee :)
cabalstudios 08-01-2002, 03:00 AM To keep it simple but effective...
DV2 is more than just a dedicated server host, they area Telco and the DV2 filling bankruptcy issue will not be affecting the operations as a server supplier.
Everyone can rest assure you are still in safe hands and business will continue as before.
Samuel 08-01-2002, 03:01 AM hahaha spin, those that state they have "Current" information are currently wallowing in that spin,... about the only ones lol
Well, we got what we wanted, and im very happy with the responce from eservers.biz. Im more than happy to continue expanding our business with eservers & dv2. Back to normal / non panic mode I go.
Samuel 08-01-2002, 03:08 AM Originally posted by Haze
Well, we got what we wanted, and im very happy with the responce from eservers.biz. Im more than happy to continue expanding our business with eservers & dv2. Back to normal / non panic mode I go.
I would hate that to be famous last words... haze, "I got a bad feeling about this" lol
cabalstudios 08-01-2002, 03:09 AM Just a few comments to some of our loving wht members Rastoma, either you don’t understand English or you are incapable of seeing other business doing well; why don’t you understand “WE DO NOT RESELL FOR DV2”
Maybe you should spend more time with supporting the customer you have, who seem to have a tendency to contact us for external support/cpanel issues as you are “incable of proving it”, (btw they are words from your customers) than being the first to try to bash every host.
Comments regarding we are 100% cogent are also not true, national-net having been having router issues in the last few days therefore we have routed traffic off and running internal tests to check the stability of it and just to finish it off we are also adding a new circuit from a tier1 supplier very soon.
Shouts to our customers for there continued support! :D
Eveyone have an nice day!
mrbling 08-01-2002, 03:10 AM Haze,
so you will be depending on a business that just filed chapter 11?
Now thats good a business move :)
When have you ever seen a person that is related to the company go "Yes, we just filed bankruptcy our service will be going to ****.. "
It'll always go like "Theres nothing wrong! seriously its just a reorganization!"
check out f??ckedcompany for all the memos CEOs send, every single memo starts out with "EVERYTHING IS GOING GREAT.. except we are bankrupt"
HAHAHAHAHAH
mrbling 08-01-2002, 03:20 AM reorganization also means cut in staff to save money
so whatever support you see now... you'll probably see 1/2 of it when the staff cuts.
I still don't know how they pay for their staff selling $25-30 profit margin servers.
someone HAS to enlighten me.
thanks!
Originally posted by mrbling
Haze,
so you will be depending on a business that just filed chapter 11?
Now thats good a business move :)
When have you ever seen a person that is related to the company go "Yes, we just filed bankruptcy our service will be going to ****.. "
It'll always go like "Theres nothing wrong! seriously its just a reorganization!"
check out f??ckedcompany for all the memos CEOs send, every single memo starts out with "EVERYTHING IS GOING GREAT.. except we are bankrupt"
HAHAHAHAHAH
Chapter 11 doesn't mean the end of the world, there are a lot of others that have filed and are now picking up. I fully trust that eservers will continue to provide the excellent service & reliablity we have come to now them for.
Techark 08-01-2002, 03:25 AM mrbling
Lets see their cheapest server is a 1 GIG duron with a 40 gig hard drive and 256 meg of ram for $129.00 a month.
Now where are you getting $99.00 a month for a server from?
I doubt many of their customers are paying even that I bet most are paying as I am around the $200.00 $250.00 a month area.
Aussie Bob 08-01-2002, 03:32 AM Originally posted by cabalstudios
.....“WE DO NOT RESELL FOR DV2”
What is your relationship with them then? Do you colo your own servers with them? I am a little :confused:
universal2001 08-01-2002, 03:39 AM Yea where do you get these $99/mo price tags from? We're paying $200/mo + to eservers.biz
Oh man! DV2 :o
What's next now? :(
mrbling 08-01-2002, 03:49 AM :)
my mistake, it was $129
was thinking webreseller or something or rackshack ,
still low margins .
WildWayz 08-01-2002, 03:52 AM Originally posted by mrbling
:)
my mistake, it was $129
was thinking webreseller or something or rackshack ,
still low margins .
It may be $129 a month, but they have setup costs of about $400ish.
James
universal2001 08-01-2002, 03:54 AM I doubt DV2 is going down... A few weeks ago Jeff was on the SPEWS newsgroup asking the moderators there to remove DV2 IPs from the SPAM list... If he knew DV2 was going down, why would he bother doing this?
universal2001 08-01-2002, 03:55 AM hehe just noticed that I am now a "Web Hosting Guru".. ;)
Techark 08-01-2002, 03:57 AM Originally posted by universal2001
hehe just noticed that I am now a "Web Hosting Guru".. ;)
congrats, just think when you hit 500 you can be a whatcha ma call it.
TimPD 08-01-2002, 04:10 AM Congrats To Myself :) Soon to hit 2000ish :)...
Paul L. 08-01-2002, 04:12 AM Ok lets see if I get this right DV2 is one business and in that business they do Colo, DSL and Dialup Service but it all operates under the DV2 name so if DV2 files bankruptcy it has to effect all of the above.
If I am not wrong you can not just file for one part or division of a company you file for the whole thing.
Also if your a direct customer of DV2 I believe they have to give you a notice of bankruptcy because you will be listed as a asset in the bankruptcy court hearing incase the company is forced by the court to sale assets to pay off debt.
Any case best of luck to DV2 and all of its customers that this all works out for the best.
freeva 08-01-2002, 04:24 AM Originally posted by Paul L.
Ok lets see if I get this right DV2 is one business and in that business they do Colo, DSL and Dialup Service but it all operates under the DV2 name so if DV2 files bankruptcy it has to effect all of the above.
If I am not wrong you can not just file for one part or division of a company you file for the whole thing.
Also if your a direct customer of DV2 I believe they have to give you a notice of bankruptcy because you will be listed as a asset in the bankruptcy court hearing incase the company is forced by the court to sale assets to pay off debt.
Any case best of luck to DV2 and all of its customers that this all works out for the best.
I was wondering about the same thing. But I dont know much about the US corp regulations.
edude 08-01-2002, 04:37 AM Amazing how everyone flamed the starter of the last thread.. when he was just asking a simple question, now it seems hes right after all :rolleyes:
Samuel 08-01-2002, 04:39 AM WHich one edude?
Originally posted by cabalstudios
Just a few comments to some of our loving wht members Rastoma, either you don’t understand English or you are incapable of seeing other business doing well; why don’t you understand “WE DO NOT RESELL FOR DV2”
Maybe you should spend more time with supporting the customer you have, who seem to have a tendency to contact us for external support/cpanel issues as you are “incable of proving it”, (btw they are words from your customers) than being the first to try to bash every host.
Comments regarding we are 100% cogent are also not true, national-net having been having router issues in the last few days therefore we have routed traffic off and running internal tests to check the stability of it and just to finish it off we are also adding a new circuit from a tier1 supplier very soon.
Shouts to our customers for there continued support! :D
Eveyone have an nice day!
How unprofessional !:rolleyes:
TimPD 08-01-2002, 04:50 AM Originally posted by Jag
How unprofessional !:rolleyes:
:laugh:
edude 08-01-2002, 04:53 AM The post was locked, have to find it again.. But it was started by someone simply asking if DV2 filed for bankruptcy and he was flamed..
Jag spot on and to the point!
Originally posted by Samuel
WHich one edude?
cabalstudios 08-01-2002, 05:01 AM Originally posted by Jag
How unprofessional !:rolleyes:
Really ?? So defending yourself and the truth is called "unprofessional" :bawling:
If thats the way it is then let it be.
Shazad.
TimPD 08-01-2002, 05:02 AM :eek: I seen others that are unprofessional..:eek:
edude 08-01-2002, 05:09 AM Shazad, i don't think Greg means unprofessional by you defending yourself, more by the *way* you defended yourself :rolleyes:
/me wonders to who Timmah is referring to ;)
TimPD 08-01-2002, 05:10 AM Corrected Post:)...
Originally posted by cabalstudios
Really ?? So defending yourself and the truth is called "unprofessional" :bawling:
If thats the way it is then let it be.
Shazad.
In my opinion, the first and third paragraphs were legit defense statements, but that second paragraph just comes off as an attack.
TimPD 08-01-2002, 05:17 AM :look:
Samuel 08-01-2002, 05:30 AM Originally posted by cabalstudios
Maybe you should spend more time with supporting the customer you have, who seem to have a tendency to contact us for external support/cpanel issues as you are “incable of proving it”, (btw they are words from your customers) than being the first to try to bash every host.
What a highly insensitive way to attack your own customers? :eek:
mdrussell 08-01-2002, 05:31 AM I saw this happening a long time ago. From my perspective, it seems DV2 have tried to match / come close to RackShack's pricing, basically dominate the budget end of the market. However, they don't have the purchasing power that RackShack does, thus cannot get similar pricing to that of RackShack.
A Gig-E to Cogent costs $30,000 a month, plus at least another $30,000+ a month for the Aleron connection, plus I read that they had another Gig-E run in, so we're looking at $100,000 plus a month just for bandwidth. Add to that the datacenter rent and running costs, plus staff wages, they would be needing around 1000+ servers just to reach break even (and that's quite a conservative estimate). Do they have over 1000 servers?
These past few weeks have been bad for quite a few companies, and I wish DV2 all the best in their recovery.
Aussie Bob 08-01-2002, 06:13 AM Let's hope that it all works out for them and their business can move into cashflow positive territory. There's lots of businesses around these parts that have built their business off those DV2 servers. We are not one of them, but I still feel for my fellow hosters who have.
sailor 08-01-2002, 06:15 AM Originally posted by mrbling
Heres my guess on what happened,
They had illusions of grandeur of selling many many servers, were locked into big bandwidth agreements, T3s, oc3s, for several providers for 2 years.
The Leased lines were totalling up to more then thye can pull in from selling $99 server, their data center rent is also skyrocketing,
so
Several t3 lines($30-50k) + Datacenter rent ($5-10k) + Several employees + Another expenses
When you sell $99 servers and make $30 profit off of each, you will go bankrupt.
They now have too much expenses but are still locked into those t3's and oc3 contracts for 2 years since they wanted a discount (providers lock you into long contracts and give you discounts)
So now they file chapter 11 to get out of it.
ummmmm... No - you are not. This is so far off. Our server busienss is great and very profitable. :)
Hmm, I think I'm good.
Yeah? No? Give me your opinions :)
ummmm..... no your not - this could not be further from the truth. :laugh:
edude 08-01-2002, 06:16 AM I don't you get what you pay for...
Sorry
:P
Originally posted by Aussie Bob
Let's hope that it all works out for them and their business can move into cashflow positive territory. There's lots of businesses around these parts that have built their business off those DV2 servers. We are not one of them, but I still feel for my fellow hosters who have.
sailor 08-01-2002, 06:22 AM eveyone slow down for a moment and I will fill you in on many things -
and by the was - "Ihate DV2" - the board will find out which cometitor you are - and I find that the board is typically pretty fair about how they treat sales tactics like that.
and edude- thanks for the well wishes - I will remember you. :)
edude 08-01-2002, 06:31 AM haha sailor, good luck with the "i will remeber you"..
Because i simply dont know what "remeber" is :P
Ooo i'm scared the sailor and his pirate ship are after me :)
Ihate DV2 did not do anything wrong he posted the truth which you hid from your customers.
Originally posted by sailor
eveyone slow down for a moment and I will fill you in on many things -
and by the was - "Ihate DV2" - the board will find out which cometitor you are - and I find that the board is typically pretty fair about how they treat sales tactics like that.
and edude- thanks for the well wishes - I will remeber you. :)
Samuel 08-01-2002, 06:45 AM Sailor are you trying to mimic Sarah McLachlan singing with a hairlip?
"I will remeber you.. lalala la la a"
sailor 08-01-2002, 06:46 AM yes - we filed ch 11 - back on may 5. we did this for one reason only - we had one leasing company ~(Cisco systems - sunrise leasing) that we had shut down a business that their equipment was supporting (converged services - voip - business) that was eating up a large part of our free cash flow. They were very aggressive and very nasty and under threat of them coming to get equipment every time we were late or missed a payment (many of you know how running a business is - because I have cut many of you slack on payments :)) I decided we needed to replace their equipment with paid off equipment and just send theirs back - of course after we tried to renegotiate the terms of thelease to a 5 year instead of 3 year for an acceptable cash flow cost - well they did not want to negotiate anything - so over a period of 6 months - we paid them and moved to an infrastructure that is paid off. Well - in a lawsuit over this lease - we agreed to make payments to them - then when one of our largest customer decided to shaft us - we delayed payment on it for 30 days - well on day 31 they decided to get aggressive and stat costing us legal fees again -this is rediculous - and under advice - I figured it was better to forcefully reorg them and everyone else since we have a healthy business. Plus with the current climate - we would be behind the ball if we did not make sure we did this while everyone else was.
We are completely cash flow positive - and have been for a while. We are going to emerge from this when Igive my reorg plan on 9/5 - I have until then - so why rush.... at that point we will emerge and will pay our moneys to a trust and will have less debt and wont have to deal with these guys (who are really rediculous btw). We are only delivering a certain amount of servers because I only purchase the amount ofservers that part of of our previous months cash flow supports - we are not going into debt at all to grow our business.
So - as you can see - things are fine - we are growing fine and will be in a great position very shortly. Finally - another reason - is that by filing ch11 - we gain the help of the federal court in collecting on some very large judgments against a couple of our actions we are pursuing.
I made the decision not to run out and tell everyone this information because we were not going away and there was no reason togive unscrupulous operators like "I hate DV2" and premerature things to talk about - I am sure he is plenty premerature in other areas to spend his time on this one.
We have been buying more servers every month and we pay cash for them - everything is paid off from here - you can take that one to the bank - a federal court wont let you grow your business except off positive cash flow and profits. Our server business is very profitable and very healthy. We have done all our reorgs and changes in business that we need to and are in one of those boring growth modes - thank goodness. We have other business that is opart of our model and revenue each month - servers are only about 1/3 of our revenue -and we dont ahve any customes that represent more than 10% of our revenue. So - things are good - in fact they are better than they have ever been.
We appreciate everyones business and will continue to grow and support our customers.
On connectivity - we took national net down intermittantly - we were having problems with some routing between them on certain networks - netrail is still a seperate network and we have another connection to bale and wireless coming shortly - national net may be back up today and we intend on keeping them.
We are smaller and not like some of these big ships that when they file and are losing money - there isjust no way they will be ableto turn it around in time - we are profitable - and small and mangebale.
IF you have any moe questions - let me know -thanks as always.
Samuel 08-01-2002, 06:50 AM "la la la lala"
"I will remeber you..."
Sing Sailor!
Sniff a flower and stuff! (Glad you're solvent btw)
universal2001 08-01-2002, 06:54 AM you are on holidays and u had to stop in for a post? The spelling mistake is probably because he's using a notebook.. everyone knows how wierd those keyboards are... :)
sailor 08-01-2002, 06:55 AM "Ihate DV2 did not do anything wrong he posted the truth which you hid from your customers. "
whatever - look - you are oneof those negative people that seems to revel in negative energy and wishing peple harm - maybe if you would show some positive in your life - you would do better. Our server business is fine and making money - and has nothing to do withour filing -in fact it is a positive jewel for us. You are angry and want us to go away so you or whoever can start jacking prices to support a bloated expense business model and force a market to buy more than they need. SORRY.
btw - nothing to be scare about - I will just remember not to come to your support in the future - i would not come out and lambaste you here out of the blue.
Also - I would not stay here running this company unless there were some very positive things for me personall and the team - i have had several job offers for more than what I make here - but it is fun here - I love our customers - and I see a really good future here. Now - if you all hear that I suddenly resigned one day - eeeek -that might be worriesome. but as long as I feel comfortable to take a vacation - no worries.
Samuel 08-01-2002, 06:56 AM BOOONNGGGG!!!!!
universal2001 08-01-2002, 06:59 AM yea I agree with sailor... too many negative people here putting down other businesses.... As soon as a user says crap about a company, you get zillions of "COMPETITORS" jumping in for a piece...
sailor 08-01-2002, 07:01 AM Originally posted by universal2001
you are on holidays and u had to stop in for a post? The spelling mistake is probably because he's using a notebook.. everyone knows how wierd those keyboards are... :)
its actually full sized - but its ancient and horrible -keys are difficult and all that - plus - I am ready to go out for the day - but wanted to make sure the vandals were satisfactorily held at the gates (learned that at the tower of london the other day) ;)
you guys havea great day - will be out for the rest of day.
Samuel 08-01-2002, 07:01 AM Universal, that hasn't happened within this thread.
CritticAge 08-01-2002, 07:06 AM Good too hear :) i may be purchasing a server from you in the future :D
tazzy 08-01-2002, 07:52 AM Your in london ?
I'm from Worcestershire,England :rolleyes: ... how do you like the weather :D
and .... guess what .... its raining here ....
Two days ago i was burning ..... now i'm just watching the damn rain ...
:bawling:
richy 08-01-2002, 08:00 AM lol i was there very recently. you should have given a shout we'd have taken you on a pub crawl :) glad to hear things are going well.
edude 08-01-2002, 08:04 AM Well, most companies would tell their customers if they filed for bankruptcy why did you keep it from yours? you filed in may and they find out now? how sad..
I don't need your support, i did not wish anyone harm, but spoke the truth, you get what you pay for.. its a simple rule in life..
I am not a provider so i dont care about the pricing/competition and the likes ... sorry...
Originally posted by sailor
"Ihate DV2 did not do anything wrong he posted the truth which you hid from your customers. "
whatever - look - you are oneof those negative people that seems to revel in negative energy and wishing peple harm - maybe if you would show some positive in your life - you would do better. Our server business is fine and making money - and has nothing to do withour filing -in fact it is a positive jewel for us. You are angry and want us to go away so you or whoever can start jacking prices to support a bloated expense business model and force a market to buy more than they need. SORRY.
btw - nothing to be scare about - I will just remember not to come to your support in the future - i would not come out and lambaste you here out of the blue.
Also - I would not stay here running this company unless there were some very positive things for me personall and the team - i have had several job offers for more than what I make here - but it is fun here - I love our customers - and I see a really good future here. Now - if you all hear that I suddenly resigned one day - eeeek -that might be worriesome. but as long as I feel comfortable to take a vacation - no worries.
tazzy 08-01-2002, 08:05 AM Yeah, We "Myacen" use DV2 for our servers ( we go via eservers ).
We are very happy with the server, athought i have never spoken to jeff before i'm told he is very helpful and he seems nice :look:
and Welcome to England :beer:
MikeMc 08-01-2002, 08:20 AM Anyway, some people make me feel sick. Some of you guys in here act and post only for specific reasons and promoting your interests or other purposes. Just to let you know that the rest of the WHT members aren't stupid and get the whole story very easily. So stop flaming some companies and care to do well your jobs. Chapter 11 is a hard issue and for sure has various "behind the scenes" parameters. I think only DV2 knows all of them and not the rest of you. So feel less free to comment like that the moves of a business.
Actually I'm convinced because it's really clear ("like a not rainy sky") that the persons that govern these boards already know your attitude and they should make some actions sooner or later, to calm you down a bit.
Andrew 08-01-2002, 08:25 AM Well to hell with all the muckraking. I just want to know when this situation with NationalNet will be fixed.
edude 08-01-2002, 08:37 AM Name some names please...
i bet your reffering to me? i dont have any interests or purposes.
just my view and i feel i am entitled to my own views..
Originally posted by MikeMc
Anyway, some people make me feel sick. Some of you guys in here act and post only for specific reasons and promoting your interests or other purposes. Just to let you know that the rest of the WHT members aren't stupid and get the whole story very easily. So stop flaming some companies and care to do well your jobs. Chapter 11 is a hard issue and for sure has various "behind the scenes" parameters. I think only DV2 knows all of them and not the rest of you. So feel less free to comment like that the moves of a business.
Actually I'm convinced because it's really clear ("like a not rainy sky") that the persons that govern these boards already know your attitude and they should make some actions sooner or later, to calm you down a bit.
MikeMc 08-01-2002, 08:50 AM Originally posted by edude
Name some names please...
i bet your reffering to me? i dont have any interests or purposes.
just my view and i feel i am entitled to my own views..
Make some names? Your request edude is..I would say unrealistic. Names aren't necessary as the people that come everyday in this forum knows everyone's attitude so they understand very well what is going on. I'm a WHT member not really active but I'm here and watching and this everyday watching for me and for hundreds of others is a great way to get a full view on the roles, views, purposes of many persons.
I have never said that you can't express your views. I said that many should be carefull talking about things that they don't know 100% the full story, and keep their purposes a bit more innocent. That's all. Clear like a not rainy sky.
edude 08-01-2002, 08:55 AM ok MikeMC i understand your view..
danke.
WildWayz 08-01-2002, 09:00 AM The way I see it, DV2 should have announced to their clients they filed for Chapter 11 IF it would effect their service.
Sailor explained the reason for it, and in all fairness it seems like a sensible approach to getting themselves sorted out without their customers noticing changes.
James
sailor 08-01-2002, 09:19 AM communication is something you weigh carefully - in these filings you are going to lose a certain amount of customers whether or not anything is wrong or not with service. we felt that it would be better since we are small and itwould not be communicated except by a few cometitors that cant sell against us except by this approach - to not say anything since srvice would not be affected. then when time had passed and everyone saw that we were indeed profitable sincethe court was allowingus toreorganize after filing - then we could handel questions on a one by one basis. You dont want things to become a sky is falling self fulfilling prophecy.
and btw - all these businesses that have done this (mainly ones that have been started in the last 5 years - are in a much better position than the ones that have not. I am seeing that now. We are too. We have settled on cable and wireless by the way - unless someone comes in at the last minut and can beat the deal they have.
Andrew 08-01-2002, 09:21 AM I agree 100%. The chapter 11 really doesn't worry me much.
But when does this routing problem get fixed?
thesmallguyshost 08-01-2002, 09:34 AM Originally posted by cabalstudios
Just a few comments to some of our loving wht members Rastoma, either you don’t understand English or you are incapable of seeing other business doing well; why don’t you understand “WE DO NOT RESELL FOR DV2”
For some reason you single me out every time you and I both are in a discussion which is fine. You have something to hide and are afraid of something because you get so defensive about anything is said. And making up stories about customers going to YOU for Cpanel support and you don' t even offer it? And let's say they did, I'm not going to get in a kiddie arguing match here but I won't even publicly mention how many customers have contacted me and actually MOVED from dv2/eservers. But it doesn't matter... I have fallen short on support sometimes and I don't think anyone here can say it hasn't happened to them before... sometimes things fall through the crack and inadvertantly doesn't get taken care of.
And you've never told me you don't resell for DV2. But if you say you don't then fine... you don't. You just don't sell servers unless they do.... and you don't have servers available unless they do.... or wait..... we must be getting technical here.... you don't resell for DV2.. you resell for tranxact global? if transact is out of servers you're out. Funny coiencedences since you don't resell.
But I understand... you DO NOT resell for DV2!!! I got'cha!
You're so confident in DV2 not going anywhere that you're looking to go somewhere else and 'partner' with Transoptic.. a competitor of Tranxact/DV2?
Oh well, I hate this turns out to be a dog fight when I said nothing deragatory against anyone and hoped for the sake of DV2's customers that nothing happens to their servers. There is always enough business for EVERYONE on here.... distorting facts and jumping defensively on someone doesn't have to take place. We can both make a living without doing that.
One day I'll figure out what you're afraid of that causes you to get so upset about anything I say.
Btw.... the only thing I am curious about and could care less about anything else going on here... is why did you so sternly reply to thread a few weeks ago that DV2 DID NOT file bankruptcy?
universal2001 08-01-2002, 09:51 AM those C&W guys called us up recently asking whether or not we wanted some bandwidth off them.. I guest their sales guy sucked you in! :)
WildWayz 08-01-2002, 09:52 AM Isn't there a difference between filing for bankruptcy and filing for Chapter 11?
I thought Chapter 11 was basically getting the courts/government involved to sort out the situation, and if there is no way out THEN bankruptcy is the only solution.
James
AcuNett 08-01-2002, 10:09 AM I'm a donkey
WildWayz 08-01-2002, 10:11 AM And I'm hung like one, what's your point? :D
James
coight 08-01-2002, 10:24 AM Originally posted by AcuNett
I'm a donkey
LOL, :D
On a serious note I feel it's ok for end users of the service like me, Monte, Beau to comment and find out what's happening. We are business's to, and although we probably don't turn over what you guys do, you need to remember the following.
- Lying/Misleading (or not announcing) to the customer will get you no where in business.
- Without us users you would be nowhere.
Jeff, I think that you should have announced it, sure some people may have been angry, but then you would not have competitors breathing down your neck "exposing" you offering new deals to your existing client base (3 pm's of server offerings and counting).
We will see what the future holds, however I am determined to see Dv2 survive. If you need any assitance Jeff you know where to contact me.
Aussie Bob 08-01-2002, 10:43 AM Originally posted by WildWayz
And I'm hung like one, what's your point? :D
James
Dream on. :stickout
DanielP 08-01-2002, 12:02 PM Well with a positive cash flow and making a bad decision on dealing with a certain company in my book would not be enough justification to file for chapter 11. I'm glad the US government is moving forward in passing tighter bankruptcy laws. Already they've passed (i think) for the private sector (public not corporations) that gives the judge an extra option in bankruptcy now, in short he can tell you that you are not allowed to file bankruptcy and you need to pay your bills. I will be VERY happy when this filters into the commercial sector which should happen within the next 3 years. So go ahead and abuse bankruptcy while you can, but bankruptcy should be a last resort, not something to get you out of a deal that you got yourself into and you end up not liking the terms.
sailor 08-01-2002, 12:13 PM thanks everyone. hope you are all doing well. Rastoma - we have customers leave us and we ahve customers leave others and come to us all the time - just a natural cycle. I think what eservers is trying to say is that they are our largest parnter and do many things behind the scenes with us. MC host is like this as well. we are not able to handle all the volume we have currently. so - what is the bigdeal if they get other suppliers to help handle orders? It is not because they think we are going away....they need to be able to fulfill orders. I am delivering everything I can while staying profitable - this is a completely sustainable model - we are notbringing on debt to finance growth. we are shedding debt. this is good. That does not mean that my partners and resellers shouldbe constrained to not grow as fast as they can. hey - even I have multiple suppliers - no big deal. :) I think things are good for all.
other network will be ups shortly - they are working onissues now. lets all get along please......thanks!
sailor 08-01-2002, 12:16 PM Originally posted by DanielP
Well with a positive cash flow and making a bad decision on dealing with a certain company in my book would not be enough justification to file for chapter 11. I'm glad the US government is moving forward in passing tighter bankruptcy laws. Already they've passed (i think) for the private sector (public not corporations) that gives the judge an extra option in bankruptcy now, in short he can tell you that you are not allowed to file bankruptcy and you need to pay your bills. I will be VERY happy when this filters into the commercial sector which should happen within the next 3 years. So go ahead and abuse bankruptcy while you can, but bankruptcy should be a last resort, not something to get you out of a deal that you got yourself into and you end up not liking the terms.
thanks for your opinion and your statement that we are abvusing the bankruptcy situation - you obiviously feel the need to take swipes at companies that you dont have all the information and litle knowlege of bk law - which only makes you look bad. I wish people would quit making these kind of uninformed comments now. Iam not commenting any more -you can contact me offline ifyou have specific questions. thanks
DanielP 08-01-2002, 12:23 PM You’re most welcome. I base my opinions on the statements you've made and the actions you've taken. In my opinion you just looked for the easy way out because you couldn't hold up to the end of a lease that you signed for with Cisco and their leasing providers. Then you get upset because they won't re-negotiate and they feel the need to be strict with their leasing options.
You can call it taking swipes all you want, its a mis-guided name for it but if that makes you feel better that’s fine. I am simply stating my opinion on the matter with the facts and statements I have before me. You keep harping about being cash flow positive but yet you can't keep to a schedule of repaying your bills. Its really simple, your using chapter 11 to ignore them and get them off your back or force them into terms which suit you, and throw out the terms which you originally agreed to.
So yes, in my opinion you’re abusing the system because you don't like the lease anymore.
cabalstudios 08-01-2002, 12:27 PM Just to clear things up a little here....
Everyone that thinks eServers is moving away from DV2 is wrong... all we are doing is exploring our options.
I dont see anything wrong with eServers using 2 facilities to accomodate its client base?
We, personally think this would give us an even bigger client base, as we can locate clients in 2 different facilities, thus giving our clients a broader range of services.
We, have been working behind the scences with Transoptic, to conjur up future plans and services. We dont intend to leave DV2 and we wont. If it wasn't for Jeff and DV2, eServers would not be what it is today.
We have nothing to hide or to be ashamed of, clients should be more excited that eServers is working to improve there future. by offering even more services.
Kind Regards
Imran
Any more questions can be asked via email imran@eservers.biz
bobkat 08-01-2002, 12:45 PM Just a point of fact. If you do any basic reserach at all you will find that the Transaxt Global is owned by Jeff Hinkle. Jeff Hinkle also owns to a point DV2.
Tranxact Global was created to funnel funds away from DV2 for the benefit of the owners of Tranxact Global before the hammer fell on DV2. Appears the hammer has fallen.:bawling:
There are many ethical and solvent hosting companies to deal with so why deal with this kind of company. It was obvious to me and should be to you that if you purchase something for $5.00 and sell it $4.00 eventually the house cards of cards will fall apart. It is simply a matter of time.
DV2 has run out time. Simply my opinion at this pointm but will bear out to a point of fact over the next few months. Wait and see, but don't risk your business as it happens.
BobKat
cbaker17 08-01-2002, 12:50 PM I do have to say, ive never had problems with dv2 on here, they seemed like nice enough guys BUT Id have to say that:
1.Your passive attitude towards your bankruptcy situation is appalling! To say that youll be in alot better situation and that bankruptcy is no big deal, is prob. what put you into this situation in the first place. Bankruptcy is and should be a last resort, if your in bankruptcy it means youve exausted all other means to take care of your business, customers, and vendors. If youve entered into bankrupcty it is not something you can sweep under the table, and too act like its no big deal is absurd and appalling. Do you know how nice it would be for all of us hard working legit provider would be to just file bankruptcy get out of any contracts we dont like and not owe a single thing? You dont simply do that, for you to have so little business ethics upsets me.
2. You didnt contact your customers beforehand? Youd better while your going through this learn to keep your customers better informed or you wont have any customers left.
3. Then you make a stuck up rediculous comment about how you didnt notify anyone because competitors would use it against you as the only means of competing against you. This is rediculous and sad you would stoop so low. First of all competitors have every right to compete with you on this point, those who have not filed bankruptcy have worked very hard to build a stable business and to continue to provide good product and turn a profit even during this economic and internet slump. I hope to hell they plaster it all over the world its something they should be proud of. And trust me i dont know who you think you are but competitors can compete with you in many other ways, you guys have no brand, and ive never heard people posting outstanding comments (havent heard negative either). Suffice to say your statement was simply arrogant and i dont think with you being in bankruptcy you have any business being anything but humble.
You are no longer providing the service you originally promised your customers, your in bankruptcy, now is not the time to be creating enemys. Let me make it clear im not bashing a competitor, i dont even provide the same services you do, i dont offer cogent, dont do dsl, etc... This is from a bystander looking in and viewing the way you are handling yourself.
Techark 08-01-2002, 12:52 PM Bobkat
What company in Atlanta do you own or work for?
bobkat 08-01-2002, 12:56 PM Typical Hinkle...
Re: Colo space in San Diego??? help
To: isp-colo@isp-colo.com
Subject: Re: Colo space in San Diego??? help
From: Jeff Hinkle <jhinkle@dv2.com>
Date: Thu, 31 May 2001 13:20:08 -0400
why go with someone in Chapter anything when there are other providers that are
not???? Seems like something to get fired over when the boss asks - "who signed
up with a company in bankruptcy?"
"Scheulov, Daniel" wrote:
> go with Colo.com - ch11 is not ch7...
> DIS
>
> -----Original Message-----
> From: Bill Pavich [mailto:pavich@nctimes.com]
> Sent: Thursday, May 31, 2001 12:20 PM
> To: isp-colo@isp-colo.com
> Subject: Colo space in San Diego??? help
>
> I was ready to move into Colo.com in san diego just before they chapter
> 11'd, so now I am in a bind. I can't find another colo.com in the san diego
> area at all. Does anyone have any ideas or can recommend a carrier neutral
> colo? I need mfs/worldcom and time warner local loops into the facility.
> The only option I have seen so far is switch&data, which i'm going to call
> today, but I heard they are maxed out at their facility.
>
> If anyone has any colo options they can recommend, please shout away!
>
> I need 4 racks.
>
> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
> Today on ISP-Planet
> Hot business, marketing & tech tips for the ISP community
> http://www.isp-planet.com
Asher S 08-01-2002, 01:04 PM Ouch is all I'm gonna say... :eek:
I have to agree with Daniel and Charles.... using Chapter 11 as a way to avoid paying your bills is simply pathetic. If you were cash flow positive then why in the first place did you not pay your bills? If a company is cash flow positive and files for Chapter 11 that would mean they are having financial troubles and cannot pay their debts.
But here in this case like Jeff has mentioned that they are cash-flow positive, hence Daniel would be right, you are abusing the Chapter 11 bankruptcy law.
Now if you'll excuse me, I am off to file for Chapter 11 because I dont want to pay my DSL bill :rolleyes:
DanielP 08-01-2002, 01:10 PM Well, but not only that, you have to take into account that no person in their right mind will loan them money or give them leasing arrangements. So even if they make it throu this alive, they're in worse shape in the end. All it takes is one disaster like a line provider going down or something that requires them to spend a lot of money to get something new in, money that they don't have, but yet money that they can't borrow because they filed bankruptcy. Thus they'll have no options left. No one will lease them equipment, give them loans, etc.
bobkat 08-01-2002, 01:11 PM I work for Global Compass, www.globalcompass.com
<<removed>>
Asher S 08-01-2002, 01:12 PM Originally posted by DanielP
Well, but not only that, you have to take into account that no person in their right mind will loan them money or give them leasing arrangements. So even if they make it throu this alive, they're in worse shape in the end. All it takes is one disaster like a line provider going down or something that requires them to spend a lot of money to get something new in, money that they don't have, but yet money that they can't borrow because they filed bankruptcy. Thus they'll have no options left. No one will lease them equipment, give them loans, etc.
Yep, DV2 has tarnished their own business reputation by doing this.
Techark 08-01-2002, 01:16 PM Ahh I love it when the competitors come to bash.
Read his statement guys he was having a few problems paying the lease it was eating all his cash, he was trying to work out a deal with them so he could stay healthy, they would not work with him. In order to not go under he choose Chap 11, with out that one deal hanging over his head he is NOW cash flow positive.
I believe him and I will stick with DV2.
MikeMc 08-01-2002, 01:19 PM Actions allowed by law can't be called pathetic. DV2 has acted legally which make the situation absolutely not pathetic. When the law gives you the opportunity to make things , you just do them for your interest. So why don't you go in front of the people that have made the existing laws and call them pathetic? Actually some states in the USA have the death penalty, which is more than pathetic...but they continue to apply this law and that is huge issue in front of the business issues of DV2. So be cool. This is business not a play ground or the church. Chapter 11 is a method that have followed many good and bad companies, and the good ones have always survived and/or became better. So I think it's a matter of time DV2 to prove how good they are. In the meantime everyone is free to grab another train and move elsewhere their servers.
By the way ^Kyo, your attitude isn't correct as you're a competitor.
Asher S 08-01-2002, 01:22 PM Originally posted by Monte
Ahh I love it when the competitors come to bash.
Read his statement guys he was having a few problems paying the lease it was eating all his cash, he was trying to work out a deal with them so he could stay healthy, they would not work with him. In order to not go under he choose Chap 11, with out that one deal hanging over his head he is NOW cash flow positive.
I believe him and I will stick with DV2.
Technically I am not a competitor (officially) yet. Furthermore I am not bashing them, I have absolutely nothing against them. I was even looking at DV2 for colocation for some servers because had a good reputation. But personally, I would never deal with companys which file for Chapter 11.
You see Monte, even if you cant pay your debts its best to pay off WHATEVER you can to avoid Chapter 11 and work out some long term payment plan. By filing for Chapter 11, what DV2 really HAS done is ruin their business credit. Like Daniel said, no company in their right mind, knowing that DV2 filed for Chapter 11 will give them a huge credit.
Just my opinion/0.02c
cabalstudios 08-01-2002, 01:22 PM Originally posted by DanielP
Well, but not only that, you have to take into account that no person in their right mind will loan them money or give them leasing arrangements. So even if they make it throu this alive, they're in worse shape in the end. All it takes is one disaster like a line provider going down or something that requires them to spend a lot of money to get something new in, money that they don't have, but yet money that they can't borrow because they filed bankruptcy. Thus they'll have no options left. No one will lease them equipment, give them loans, etc.
Daniel,
Stop talking crap as YOU dont know whether if DV2 has any money to buy anything or not... Like Jeff said there is another Tier1 provider being added in the next couple of weeks, I suppose Jeff got the money from you for that then :confused:
Read the statement again, as Monte has cleared for you.
bobkat: Nice to see you here.. you just need an excuse to come bash here about DV2, as they are just accros the road from you, you comments are not even worth considering.. total waste of time.
Imran
cbaker17 08-01-2002, 01:23 PM I wouldnt expect customers of dv2 to understand, neither would companys who have only been in business for a short time understand, so ill chalk the above to statements to lack of exp.
And BobKat, while i disagree with what dv2 is doing, your blantant advertising (in my eyes) is rather unprofessional as well.
MikeMc 08-01-2002, 01:25 PM Originally posted by bobkat
I work for Global Compass, www.globalcompass.com
<<removed>>
Good for you...but you could find better ways to advertise yourself. I would say...unproffessional and not ethical attitude.
Asher S 08-01-2002, 01:26 PM Originally posted by MikeMc
By the way ^Kyo, your attitude isn't correct as you're a competitor. [/B]
Mike, what I have stated is my opinion. And read carefully first, I was looking to be their customer for colo and as a prospective customer I have every right to post what I posted.
MikeMc 08-01-2002, 01:28 PM Originally posted by ^Kyo
Mike, what I have stated is my opinion. And read carefully first, I was looking to be their customer for colo and as a prospective customer I have every right to post what I posted.
Yes, you have a point there, but please check your posts...you didn't just say your opinion...you have used some phrases a bit heavy. By the way I think we should stop this, because we have started getting all of us way too pathetic.
Andrew 08-01-2002, 01:30 PM Originally posted by ^Kyo
You see Monte, even if you cant pay your debts its best to pay off WHATEVER you can to avoid Chapter 11 and work out some long term payment plan.
Just my 0.02c
That's exactly what Jeff said he did. Do you really think Jeff just said 'Gee, I don't like paying my bills. Let's go Chapter 11 so I don't have to anymore'?
I suppose it's a possiblity, but I think too highly of Jeff to believe that.
Asher S 08-01-2002, 01:32 PM Maybe I misread, please point me to where Jeff has said that he is paying off the debt? :confused:
Andrew 08-01-2002, 01:32 PM Originally posted by bobkat
I work for Global Compass, www.globalcompass.com
<<removed>>
If you're so damned honest and ethical, what are you doing using a thread about another company being in Chapter 11 to further your own interests by breaking the well known (even to newbies) rules of the forum?
Techark 08-01-2002, 01:32 PM Originally posted by cbaker17
I wouldnt expect customers of dv2 to understand, neither would companys who have only been in business for a short time understand, so ill chalk the above to statements to lack of exp.
And BobKat, while i disagree with what dv2 is doing, your blantant advertising (in my eyes) is rather unprofessional as well.
Chaulk it up to to what ever you want, but I am 46 years old and have owned and ran more than one succesful business in my time. I dare say I have the experience and background to make a rational business decsion and understand the complex workings of chap 11 and the issues surrounding it. So I chaulk your remark up to pure arrogance.
Andrew 08-01-2002, 01:34 PM Originally posted by ^Kyo
Maybe I misread, please point me to where Jeff has said that he is paying off the debt? :confused:
Actually, he didn't say that. But he said in so many words that they had tried to work a deal with this particular creditor that would allow them to stop being choked by the debt. Apparently this creditor wouldn't agree to any deals.
I'm neither defending nor bashing their actions. But he did say words to that affect.
DanielP 08-01-2002, 01:34 PM cabal you need to learn to respond when your not being blinded by anger or ego or anything else, might make you look a bit more professional.
I was using that as an example to what bankruptcy can do to them, it basically will prevent them from being able to acquire a good bit of financing if they ever were to need it. Your right I don't know if they have a cash reserve or not, but if they did I doubt they'd be filing bankruptcy as they'd use it to pay off the loan.
MikeMC, yes actions which are legal can be called pathetic, and I'll also call those who left the loop holes in bankruptcy law open pathetic as well. Like I said earlier now that they've tightened the bankruptcy laws for the public it will happen eventually for the corporate sector as well.
Incognito 08-01-2002, 01:35 PM First....does chapter 11 mean they will not survive?
No
Does it mean they will survive?
No
Does it mean they are good or bad people?
No
Is it always an appropriate solution or always inappropriate?
Neither
Do any of us have the information to judge whether they should or should not have filed?
No, that is best left to the management, their attorneys and their accountants.
Now, to a parallel scenario....just for illustration purposes...
One opens a chain of retail stores. Does well with 3 stores....expands to 10....then to 100. All these stores are leased. Most are small, but 10 are very large and in major metropolitan areas with at least 10 year leases.
Those 10 stores are losing money and draining resources from the Company. The landlords refuse to terminate or modify the leases. The other 90 stores are profitable with a positive cash flow, the 10 however have enough negative cash flow to more than offset the 90.
Now, the options are:
1-Continue as is, which eventually leads to Chapter 7 bankruptcy and liquidation of the business.
2-Stop paying the rent on the 10, get sued, spend lots of money fighting a losing battle, eventually lose and be forced into Chapter 7.
3-File Chapter 11 to get some immediate relief allowing one to develop an economically sound ongoing plan and to allow relief from the future lease obligations as well as time to pay past obligations. The business continues on a sound basis, payments for debts incurred to date are paid over a longer period of time, new debts are paid when incurred, and unsound leases are terminated so no future obligations arise in respect to them.
As a professional consultant and accountant, I would have to advise my client to choose option 3. As a matter of fact, I have in the past. Those who have said, "no" and have chosen option 1 have ended up with no business. 90% who have chosen option 3 have continued, recovered from bankruptcy and are still operating. Just my personal professional experience.
I don't know enough of Jeff's situation to know the future and have no crystal ball. I just wish him the best of luck as I don't like to see anyone except those who are dishonest go out of business. It benefits no one. And, in all my dealings with Jeff, he has been quite professional.
Last....should he have informed his customers-a judgement call. Personally, had he been my client, I would have advised him to do so as they were going to learn eventually and it would have been better to learn from him. So, I think he made a mistake in that judgement. But, many advisors would have felt different from me. So, I don't consider failure to inform dishonest, just a course different from that I would have advised.
There is nothing wrong with the opposite view, nor with those who feel it is imprudent to continue business with him because of what they perceive to be a risk. There is something wrong with personal attacks and competitors taking shots.
Just one man's opinion.
Andrew 08-01-2002, 01:41 PM Originally posted by Incognito
Just one man's opinion.
And a very well stated one at that. Thanks! :)
DanielP 08-01-2002, 01:43 PM Ahh :) Incognito, finally someone to properly argue the opposite point of view professionally.
In that scenario yes I do agree that seems to be the best option available to the client. However, the way that dv2 has explained and announced this it seems as if its "not a big deal to them" which leads me to come to the conclusion that if they really wanted to they would be able to complete their lease that they agreed to on the equipment. Instead, from the way they themselves describe it, they just haphazardly cast that aside into a chapter 11 like its nothing at all just to get rid of the debt.
Could it be the way they presented it that has given me the wrong impression? That has a distinct possibility. But in my view they're just taking this way to lightly, after all, this is going to damage their credit a good bit and prevent them in the years to come from easily obtaining credit or lease lines etc.
Techark 08-01-2002, 01:45 PM Incognito
A voice of sanity in the crowd of angry wolves.
Thank you.
You guys bashing here have no idea of the damage you are doing to yourselves. I have been looking at my options for a new dedicated server for the last 2 weeks, many of you that are posting in this thread bashing Jeff and Eservers I dismissed because of the bashing I have seen you do on competitors many times before.
In the end I am proud to say my new PIII dual 60 gig HD system is set to go online today with DV2.
Now I am off to get some work done Ya'll have fun bashing this subject to death.
zdwebhosting 08-01-2002, 01:46 PM nice post incognito :)
and bobkat READ THE RULES then come back and advertise in the proper forums i hope you get banned for this and being warned numerous times. :angry: :angry: :angry:
Andrew 08-01-2002, 01:48 PM Originally posted by MikeMc
ok, go on...till you get a mod's notice.
:laugh: It's so nice to know the companies one should avoid like the plague in the future. :)
DanielP 08-01-2002, 01:48 PM Monte, you can call me an angry bashing wolf all you want. All I'm doing is speaking my mind and giving my opinion on the matter, if you don't like that, thats fine. No worries there :)
I'm not doing one bit of damage to myself, anyone who doesn't respect someone for having the guts to speak his mind doesn't need to be my customer.
We're all glad that you've found a place to put your server, best of luck :).
MikeMc 08-01-2002, 01:54 PM Originally posted by lightnin
:laugh: It's so nice to know the companies one should avoid like the plague in the future. :)
:) Thank you. Thats was a compliment actually j/k.
The truth is that many people like me...and by the way I didn't report Bobkat's posts because this type of posts, get reported by themeselves...;) :D
bobkat 08-01-2002, 01:55 PM Members of the forum,
Monte asked me to explain who I was and what I was about. If you take that as blatant advertising I'm sorry.
<<MOD NOTE: It has been removed>>
One last thing
ZAC ....seems to me your signature provides a vehicle for advertising does it not:
<<MOD NOTE: It does but is permitted per the forum guidelines>>
Zac Holley
www.zdwebhosting.com your #1 place for webhosting
Rules or not my mistake was inadvertent and as a result of a direct challenge. Yours is not.
Once again, I apologize to all. Consider my voice silenced.
zdwebhosting 08-01-2002, 02:03 PM Originally posted by bobkat
Members of the forum,
Monte asked me to explain who I was and what I was about. If you take that as blatant advertising I'm sorry.
One last thing
ZAC ....seems to me your signature provides a vehicle for advertising does it not:
Zac Holley
www.zdwebhosting.com your #1 place for webhosting
Rules or not my mistake was inadvertent and as a result of a direct challenge. Yours is not.
Once again, I apologize to all. Consider my voice silenced.
your allowed to have signatures not just post to provide competition for another company in these forums now if you have your company in your signature sure thats fine
XTStrike 08-01-2002, 02:04 PM Bobkat, i will mention this publicly instead of via e-mail.
zdwebhosting is a signature, this is allowed as per forum rules, you may have noticed a couple of thousand more signatures just like it on the forums.
Your "signature" was unfortunately not a signature, I know this because you had a URL in it that could be clicked upon, please re-read the forum rules.
Also I would be grateful if you could explain yourself in a way it does not describe your entire business to the forum, simply state what part you had to play as requested.
Apologies for being so harsh but im in a hurry.
Please, continue with the thread in a civilised manner, Thank You
:D
zdwebhosting 08-01-2002, 02:08 PM Originally posted by xtstrike
Bobkat, i will mention this publicly instead of via e-mail.
zdwebhosting is a signature, this is allowed as per forum rules, you may have noticed a couple of thousand more signatures just like it on the forums.
Your "signature" was unfortunately not a signature, I know this because you had a URL in it that could be clicked upon, please re-read the forum rules.
Also I would be grateful if you could explain yourself in a way it does not describe your entire business to the forum, simply state what part you had to play as requested.
Apologies for being so harsh but im in a hurry.
Please, continue with the thread in a civilised manner, Thank You
:D
thanks for clearing that up :D
bobkat 08-01-2002, 03:07 PM My sincerest apologies to all :)
BobKat
alain 08-01-2002, 04:03 PM Originally posted by ^Kyo
But personally, I would never deal with companys which file for Chapter 11.
Like WorldCom ? You're funny guys.
Asher S 08-01-2002, 04:11 PM Originally posted by alain
Like WorldCom ? You're funny guys.
Actually I got screwed big time by WorldCom, so thank you very much. Shares, ugh, im never investing in the stock exchange again :(
alain 08-01-2002, 04:34 PM and BTW you lie about your bandwith. this is what you really have:
6982 VECNET
13745 DAWSON
16631 COGENT-ASN
19151 WEBUSENET-1
19962 EPIK
22969 MARIETTA-FIBERNET
so you dont have DIRECT contract with just ONE major provider.
GLOBALCOMPASS / Global Compass, Inc. (website: www.globalcompass.com) [more info...]
An average of 3.31 networks traversed to the Internet (4.78 in explicit paths traversed)
Control of approx 100,856 IP addresses (0.01%) in 8 groups [more info...]
Issuer of approx 0 IP addresses (0.00%)
6 peers total (0.03%) (2 leaves)
Originally posted by bobkat
I work for Global Compass, www.globalcompass.com
<<removed>>
Asher S 08-01-2002, 04:42 PM Popcorn any one? :stickout
Originally posted by lightnin
That's exactly what Jeff said he did. Do you really think Jeff just said 'Gee, I don't like paying my bills. Let's go Chapter 11 so I don't have to anymore'?
I suppose it's a possiblity, but I think too highly of Jeff to believe that.
Um actually isnt that sort of what happened? They couldnt pay their debt and the debtors would not "renegotiate" and who would, thats what contracts are for, so before this particular debt took them under they filed chapter 11. Obviously they were not cash flow positive if they could not pay their debtors! But as with most bankruptcy filings Im sure they will be in the positive now that they have escaped that debt.
zdwebhosting 08-01-2002, 04:56 PM lol this has gone quite far :) i think everyone should just chill out and wait and see what comes of this :confused:
Originally posted by zdwebhosting
lol this has gone quite far :) i think everyone should just chill out and wait and see what comes of this :confused:
Your probably right, its just flogging a dead horse at this point.
zdwebhosting 08-01-2002, 05:30 PM Originally posted by Jag
Your probably right, its just flogging a dead horse at this point.
LOL whats flogging a dead horse?
probably somthing i dont wanna try at home but please enlighten me
is anyone else just simply not worried? Maybe I have blind faith? It isn't the end of the world - far from it.
alchiba 08-01-2002, 05:47 PM Originally posted by zdwebhosting
LOL whats flogging a dead horse?
You could have a separate thread on the origin and meaning of this phrase, but I think Jag is using it to mean "a waste of time" or "pointless".
flog = whip
headsurfer 08-01-2002, 06:06 PM Give the guy a break. Jeff, although a competitor, is know on this board to be a stand up guy.
**** happens. This time, it happened to a nice guy.
Unlike some other hoster who will remain nameless, Jeff is working to insure uninterrupted service to his customers.
Bad things sometimes happen to good people. This is a perfect example.
Chapter 11, although not a really good thing, is not the end of the world. Companies with a basically good business model, cash flow positive, etc. emerge from Ch.11 stronger for the process. It requires them to examine every part of their businesss and remold it for the future.
IMHO, Jeff will emerge from the process a better person,a better company, and a stronger competitor.
Robert
Samuel 08-01-2002, 06:11 PM Originally posted by headsurfer
IMHO, Jeff will emerge from the process a better person,a better company, and a stronger competitor.
Robert Here Here!
BONNNGGGG!
WebmastTroy 08-01-2002, 07:41 PM Originally posted by ^Kyo
Popcorn any one? :stickout
:liplick:
:D
sailor 08-01-2002, 08:02 PM bobkat - I knew you rear your ugly head around here sometime. Do you not do that any more.....I guess you and the "fine" people over there ar just getting bored - you and Jeff Kehe and your other new guys - charles and alan. Well it appears that you have assembled quit a crew of people that dont pay their bills and break contracts at the drop of a hat.
thats right - to all of the fine people at WHT - CP Cyberwurx- ie same people that manage Global Compass- boke a contract with us andcaused some of thisproblem - they then stiffed us for a bunch of money - (the court will be contacting you shortly - lol) then Jeff kehe - stiffed us for a buncch of money and went to them - lol - another fine gentlemen and I suspect one of the originators ofthis post.
it gets better - you migh want to get more beer and popcorn.
Five star - ie dragon networks -stiffed us for a bunch of money - at least 35K. We are suing them too.
Jeff kehe - srver host - plus web -whatever he iscalling himself- stiffed us for 10K and has now sold and joined with dragon who isnow iwth global compass - is this too good or what?
I looked up the tax roles and it appears that none ofthem are paying their property taxes in Fulton county where all the equipment is presideing - I ahve informed them of this in the past andthey ahve not remedied this - which shows their intention to be tax cheats - WOW - who is unethical????? It would appear they all are -
yes - you can look up our property taxes - you will see they are all filed and there.
I think everyone now knows who the unethical slimy people are on this board now - and I am sure you will get your just rewards with massive amounts of business being thrown to you. Hell - I think rastoma is even in with you guys - although after all this - I am sure he will be looking to move to notlose his customers from being associated with such people as you.
Bob - you never cease to amaze me. are you still being pursued by globix for stealing customers andbreaking your deal with them ?
What a fine bunch of guys you are .
On a serious note -
Robert Marsh - thanks - as I have said time and time again - you continue to amaze me with professionalism and class - hats off to you. I wish more like you were out there.
WebmastTroy 08-01-2002, 08:08 PM Comment by sailor
it gets better - you migh want to get more beer and popcorn.
brb
sailor 08-01-2002, 08:12 PM one more thing - the new company he is with - isthe old company that has done this about 3 times - now - they star up dont makeit shaft everyone and startagain - very little financing and a mob of angry people after them - this is dragon networks formerly five star - and jeff is now dragon formerly server host formerly plusweb.
This is hwere you really need to be careful -but I will let everyone do their own searches andcome to that conclusion with these guys. What a joke -and yes it does make sense now
do you really t hink people on this board were going to come runing toyou with typeof behavior - most likely they will run away form you now.
Techark 08-01-2002, 08:15 PM Jeff do yourself a favor and do not respond to them. You are a better person than to stoop to their level. I know you are angry but some things are better left as is. Almost all of your customers are here we see what is going on and are standing by you. Don't let them bring you down and cause you to lose that respect and dedication.
Just my 0.02 cents
sailor 08-01-2002, 08:20 PM I needed to get a few things on the table that most people dont know - enough said - Iam done - going to look for beer.
England is really fun - youguys havea great place - watched goldmember tonight in the odeon in SOHO in london - kind of nostalgic tosee it there . Very funny movie.
Gnight.
thesmallguyshost 08-01-2002, 08:48 PM Originally posted by sailor
Hell - I think rastoma is even in with you guys
Yes I am colo'ing in GC. I am a separate entity just buying space and bandwidth. I don't know the history of the ill feelings between you and anyone at GC but my experience there has been very good.
What ever the case and the things we've each said to each other, I think it's best if everyone just continues to run their respective businesses the best that each of us can and what the future brings we'll each handle and take care of as it happens.
Each of our reputations of how we treat our customers and run our businesses will stand on their own merit..... you, I, GC and anyone else. People USUALLY don't just take someone's word to stay away from a particular business. People do research and hear/read past experiences for respective customers and decide for themselves. I'm sure everyone here can bash each other and that's not going to stop each of us from getting customers. You have happy customers.... I have happy customers... Global Compass has happy customers. The customers decide who the good and the bad ones are by their own experiences..... so let's go take care of our customers so we can make our next paycheck :)
2Grumpy 08-01-2002, 11:52 PM Originally posted by headsurfer
Unlike some other hoster who will remain nameless, Jeff is working to insure uninterrupted service to his customers.
Robert
No downtime on my server, so guess I'll wait it out, I feel that if circuits are gonna get cut that Jeff's gonna be the type to let us know in advance so we can prep, but, so far no problems on my end other than wasting time reading a thread this long :D
Rochen 08-01-2002, 11:55 PM Jeff, I take it you're in London then, some stuff you should look into doing.
Tower Bridge (You can go up inside the bridge where they have a big exacerbation, near the Tower of London)
Houses of Parliament - Commons and Lords, go in and if there is a debate on you can view from the gallery
Winston Churchill's World War II bunker, behind Downing Street
10 Downing Street (you can look down from the top of the street and see Tony Blair's door and normally his car is parked outside, you can also see members of parliament going in and out to meetings with the prime minister)
Buckingham Palace (not sure if it is open at this time of the year, anyway, worth a look from outside if not)
Millennium Dome (now closed, but if you want to see the building it's there ;) )
The Planetarium and the thing next to it, can't remember it's name (Anyway you can see lots of stars etc. and the things next door has models of actors and actresses, anyway worth a visit :) )
HMS Belfast (I think that is the name, anchored at the other side of the river Themes from the Tower of London and near Tower Bridge, you can go on a tower round it)
Ritz Hotel and Harrods (Harrods is a must to go to :) and you should, if you have time go and take a look at the Ritz, I presume you're staying there :D Incidentally they are both owned by the same guy)
The British Airways Millennium Wheel (You can go on this and get views all over London, it is across the water from the Houses of Parliament)
St Polls Cathedral and Westminster Abbey (A lot of events have happened at these two places such as Princesses Diana's Marriage and Funeral, Queen Mothers Funeral etc.)
+ Lots of room service :D
and that is really all I can think of for now :)
zdwebhosting 08-02-2002, 12:25 AM /me i wishes i was in London lol lots of cool stuff to do
edude 08-02-2002, 03:28 AM awww.. you forgot to include me in the list :(
wawa you hurt my feelings
Originally posted by sailor
bobkat - I knew you rear your ugly head around here sometime. Did you run out of heroin or something? Or do you not do that any more.....I guess you and the "fine" people over there ar just getting bored - you and Jeff Kehe and your other new guys - charles and alan. Well it appears that you have assembled quit a crew of people that dont pay their bills and break contracts at the drop of a hat.
thats right - to all of the fine people at WHT - CP Cyberwurx- ie same people that manage Global Compass- boke a contract with us andcaused some of thisproblem - they then stiffed us for a bunch of money - (the court will be contacting you shortly - lol) then Jeff kehe - stiffed us for a buncch of money and went to them - lol - another fine gentlemen and I suspect one of the originators ofthis post.
it gets better - you migh want to get more beer and popcorn.
Five star - ie dragon networks -stiffed us for a bunch of money - at least 35K. We are suing them too.
Jeff kehe - srver host - plus web -whatever he iscalling himself- stiffed us for 10K and has now sold and joined with dragon who isnow iwth global compass - is this too good or what?
I looked up the tax roles and it appears that none ofthem are paying their property taxes in Fulton county where all the equipment is presideing - I ahve informed them of this in the past andthey ahve not remedied this - which shows their intention to be tax cheats - WOW - who is unethical????? It would appear they all are -
yes - you can look up our property taxes - you will see they are all filed and there.
I think everyone now knows who the unethical slimy people are on this board now - and I am sure you will get your just rewards with massive amounts of business being thrown to you. Hell - I think rastoma is even in with you guys - although after all this - I am sure he will be looking to move to notlose his customers from being associated with such people as you.
Bob - you never cease to amaze me. are you still being pursued by globix for stealing customers andbreaking your deal with them ?
What a fine bunch of guys you are .
On a serious note -
Robert Marsh - thanks - as I have said time and time again - you continue to amaze me with professionalism and class - hats off to you. I wish more like you were out there. :bawling: :bawling: :bawling:
zdwebhosting 08-02-2002, 03:40 AM Originally posted by edude
awww.. you forgot to include me in the list :(
wawa you hurt my feelings
:bawling: :bawling: :bawling:
lol edude its over maybe time to drop it lets all act mature here we already discuessed everything that needed to be talked about.
bobkat 08-02-2002, 03:56 AM Jeff,
Since you choose to air your dirty laundry publicly I can help oblige you if you insist. You can lie and put forth personal attacks on me all you want, but the bottom line, your track record and current financial situation speak for itself.
Answer this for the group since you are so righteous in all your actions. Why has the bulk of your business, at least the accounts with any value all been forced to leave to maintain any business at all?
What would cause well established and respected businesses like CPCyber Wurx, National-Net, Dragon Networks, Server-Host…the list is to long to mention, all feel that to maintain any as semblance of a business they be forced to cut ties with you.
Could it be the way you do business? Oh no not you, its your x-customer’s fault. Issues like broken commitments, outright lies and false promises have had no bearing on your current situation. You’re just a poor victim of the economy I suppose.
My experience has been that leaving a data facility is typically a customer’s last resort and an option only pursued when no other alternative is available.
You should change the name of the business from DV2 to DV-SUE since that is what you threaten most everyone you have come into contact with since I have known you. Spend your time focusing on fulfilling your business commitments and not suing your customers and you might not be in the situation you currently find yourself in.
One cannot deny the facts.
zdwebhosting 08-02-2002, 04:03 AM Originally posted by bobkat
Jeff,
Since you choose to air your dirty laundry publicly I can help oblige you if you insist. You can lie and put forth personal attacks on me all you want, but the bottom line, your track record and current financial situation speak for itself.
Answer this for the group since you are so righteous in all your actions. Why has the bulk of your business, at least the accounts with any value all been forced to leave to maintain any business at all?
What would cause well established and respected businesses like CPCyber Wurx, National-Net, Dragon Networks, Server-Host…the list is to long to mention, all feel that to maintain any as semblance of a business they be forced to cut ties with you.
Could it be the way you do business? Oh no not you, its your x-customer’s fault. Issues like broken commitments, outright lies and false promises have had no bearing on your current situation. You’re just a poor victim of the economy I suppose.
My experience has been that leaving a data facility is typically a customer’s last resort and an option only pursued when no other alternative is available.
You should change the name of the business from DV2 to DV-SUE since that is what you threaten most everyone you have come into contact with since I have known you. Spend your time focusing on fulfilling your business commitments and not suing your customers and you might not be in the situation you currently find yourself in.
One cannot deny the facts.
LOL GUY ok i'm sure i'm much much younger than you and you act like a KID yes let me say it again a KID
we have said its OVER so goto the advertising section and post alot of times so you can get banned or somthing?
somone saids its like "flogging a dead horse" i guess I understand it now so get over it until they try to pull out not much more needs to be talked about
just my $0.02 :stickout
zdwebhosting 08-02-2002, 04:04 AM btw.. i'm not a customer of his i'm just looking at this from my point of view and 13 pages of BS is just stupid.
all the facts are here. all the relavent ones anyhow so mod should close this
StevenG 08-02-2002, 04:20 AM Originally posted by Aussie Bob
I guess we'll see hosts advertising in the forums with "Not DV2 servers" :rolleyes:
:D :)
bobkat 08-02-2002, 04:21 AM Zac,
Your right, I will bow out at this point.
Just having some fun with Jeff.
By the way your contact form is not working at:
http://www.zdwebhosting.com/contact.shtml
it returns:
Not Found
The requested URL was not found on this server.
TimPD 08-02-2002, 04:23 AM Originally posted by bobkat
Zac,
Your right, I will bow out at this point.
Just having some fun with Jeff.
By the way your contact form is not working at:
http://www.zdwebhosting.com/contact.shtml
it returns:
Not Found
The requested URL was not found on this server.
:laugh: Looks like bobkat got you there :)..
Get-Hosted.com 08-02-2002, 04:29 AM Looks like formail isn't there... or the page it is supposed to foward you to isn't.
Get-Hosted.com 08-02-2002, 04:30 AM Formail looks to be working but: http://www.zdwebhosting.com/new/thanks.shtml
Isn't there...
So I think it still sends the contact form information.
zdwebhosting 08-02-2002, 04:37 AM Originally posted by bobkat
Zac,
Your right, I will bow out at this point.
Just having some fun with Jeff.
By the way your contact form is not working at:
http://www.zdwebhosting.com/contact.shtml
it returns:
Not Found
The requested URL was not found on this server.
LOL what this has to do with this topic?
Nothing but if you so feel the need to talk to me go ahead and punch that pm button below my post or the email one they both work just as effectively.
zdwebhosting 08-02-2002, 04:38 AM Originally posted by Get-Hosted.com
Formail looks to be working but: http://www.zdwebhosting.com/new/thanks.shtml
Isn't there...
So I think it still sends the contact form information.
I'm an idiot i deleted it on accident and dont know the first thing about html etc... so I have to wait until the webmaster gets off vacation :(
Samuel 08-02-2002, 04:46 AM Zac, your general attacks are a bit obvious and if you add any more $.02 cents we will all have a very expensive thread.
zdwebhosting 08-02-2002, 04:48 AM Originally posted by Samuel
Zac, your general attacks are a bit obvious and if you add any more $.02 cents we will all have a very expensive thread.
personal attacks on who? lol this guy just kept going on and on with this thread when its over.
could you point out who I have been personally attacking?
thanks hope we can clear this up
StevenG 08-02-2002, 04:51 AM Aussie Bob...
I pay much more than that for our servers but I get a datacenter like NAC [not that they're impervious to these issues]. I'd like to have gone to rackspace, but they didn't have any machines in the $400 to $500/mth price range. Their Linux servers start at $250 for some small box with crappy specs and then jumps to around the $800/mth mark. There's nothing inbetween.
Nothing like having servers in your own back yard.... as long as the cats don't interfere with the UPS is all ..... :D :)
Samuel 08-02-2002, 04:55 AM Originally posted by zdwebhosting
personal attacks on who? lol this guy just kept going on and on with this thread when its over.
could you point out who I have been personally attacking?
thanks hope we can clear this up
By overgeneralizing everyone's comments with 13 pages of bull **** you are personally attacking everyone within this thread.
Do you need more relativity or should I just consider your eyes as open.
With all this 2 cents being thrown around... might be enough to get a happy meal...need something after 14 pages of craziness.
edude 08-02-2002, 05:37 AM Ummm..
you wouldnt want to have your servers in your backyard in Australia, you would have kangaroos jumping all over them :)
Originally posted by Dotcomsnz
Aussie Bob...
Nothing like having servers in your own back yard.... as long as the cats don't interfere with the UPS is all ..... :D :)
edude 08-02-2002, 05:38 AM I agree with samuel on this one..
Zac you hurt my feelings..
Originally posted by Samuel
By overgeneralizing everyone's comments with 13 pages of bull **** you are personally attacking everyone within this thread.
Do you need more relativity or should I just consider your eyes as open. :bawling: :bawling: :bawling: :bawling:
StevenG 08-02-2002, 05:44 AM Originally posted by edude
Ummm..
you wouldnt want to have your servers in your backyard in Australia, you would have kangaroos jumping all over them :)
LOL :D
NZ doesn't have any such problems, no poisonous stuff to get you on the way to do a reboot either. :D :)
I hope that it isn't the end for DV2 and eservers... they are all great people... good things usually happen to good people, so time will tell. :D :)
I wish them all the very best in their re-organisation :)
AussieHosts 08-02-2002, 09:29 AM Originally posted by Dotcomsnz
NZ doesn't have any such problems
Steve...we just watched a New Zealander marry a *sheep* on national TV just to get free tickets to tomorrow night's clash. Mate...believe me...there are some very deep rooted problems over there across the lake. ;)
Watching the game tomorrow night? Looking forward to it myself.
Cheers
Gary
freakysid 08-02-2002, 10:15 AM Go the Wallabies! :smash:
freeva 08-02-2002, 10:19 AM Originally posted by freakysid
Go the Wallabies! :smash:
Off topic..My heart go with All Blacks..:)
freeva 08-02-2002, 10:20 AM I think moderator probably need to close this post. I think it is getting nowhere.
freeva 08-02-2002, 10:21 AM .
ckpeter 08-02-2002, 11:43 AM I agree. This post should be closed. There doesn't seem to be more information coming out.
Furthermore, a number of people apparently have too much time on their hands. (and they keeping posting useless posts that send me email notifications; they must think that I do, which I do not, have time on my hand :rolleyes: )
Peter
coight 08-02-2002, 01:10 PM Jeff can you please post some more information on the matter? Alot of people have posted valid arguments and I would like to know where we stand with eservers & dv2. Considering you failed to inform us of the bankruptcy I now have a fear you will fail to inform us if you close and it will be too late :(
thesmallguyshost 08-02-2002, 01:25 PM Originally posted by ckpeter
I agree. This post should be closed. There doesn't seem to be more information coming out.
Furthermore, a number of people apparently have too much time on their hands. (and they keeping posting useless posts that send me email notifications; they must think that I do, which I do not, have time on my hand :rolleyes: )
Peter
Well... there's two things that I do when I receive an email response saying that a new reply has been entered in a discussion I was monitoring:
1. Don't click on the link to go there to see what was said (also that keeps me from saying 'this thread needs to be closed' which would further waste my time). Because receiving an email takes all of about a SECOND, I can simply delete the email and I'm not forced to click on the link to go back to the discussion.
2. Open my control panel on WHT and simply unsubscribe from the thread I don't want to receive notification for.
Just a couple of suggestions that might help you.
coight 08-02-2002, 01:27 PM Well, for some reason from several locations I only go through netrail now (seems like cogent has gone anyone wan't to confirm this) pings have increased significantly since when I first joined, and more to the point since yesterday they are up by 60ms.
thesmallguyshost 08-02-2002, 01:31 PM My Cogent connections in ATL are still showing Cogent and still pretty fast. From 2 hours away from ATL I'm getting 50-75 ms.
ckpeter 08-02-2002, 01:33 PM Thanks Robin. The only problem is: I don't want to miss out on important news (and I don't want to wait until there are 15 pages to start the reading; I want to start from page 1).
Peter
thesmallguyshost 08-02-2002, 01:37 PM Originally posted by ckpeter
Thanks Robin. The only problem is: I don't want to miss out on important news (and I don't want to wait until there are 15 pages to start the reading; I want to start from page 1).
Peter
I can appreciate that... I lose interest when following a thread from the beginning this long :)
But I was only suggesting those things because it sounded like you've lost interest and wanted the thread closed... so I thought that meant there was nothing else important here you needed :)
AussieHosts 08-02-2002, 01:37 PM Originally posted by Myacen
anyone wan't to confirm this
I'm not sure how much help this will be to you Robert, but I use http://www.telstra.net/cgi-bin/trace? a lot to get a different view of things than what you and I see over Netspace. You're looking good right now though, better than yesterday (although Telstra had its own issues yesterday as well).
Cheers
Gary
zdwebhosting 08-02-2002, 01:40 PM Originally posted by edude
I agree with samuel on this one..
Zac you hurt my feelings..
:bawling: :bawling: :bawling: :bawling:
LOL I meant his posts were BS not all you guys :)
XTStrike 08-02-2002, 05:28 PM THREAD CLOSED
It seems its gone way off topic, any additional information should be talked about off forum, although i feel we have exhausted every possible evenue on this one.
To Everyone, Thanks for your input on this matter.
Chicken 08-03-2002, 04:14 PM Originally posted by Incognito
There is nothing wrong with posting the information. However, when the first poster (under an new name) uses the name, "I Hate DV2" it tends to cloud the motive.
Thread already closed however, I have to agree with Incognito. Even if the information is correct, this is bashing disguised as 'news', due to things like the username, the email address used and from looking at the IPs and reading past posts, I don't think it is hard to figure out who this is coming from. That lessens the value of the thread for no reason.
I changed the username, as we do not permit bashing usernames (posts may speak for themselves, however the message should not be contained in the username).
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