Friday, February 10, 2006

News on 12DailyPro About StormPay Refusing to Negotiate Resolution

I wonder if both are playing with our money, see news:
As we announced two days ago, attorneys for LifeClicks, LLC (the owner of 12DailyPro.com) have been communicating with StormPay, Inc. in an attempt to resolve business disputes with StormPay that arose about 10 days ago when StormPay objected to our members’ use of a competing processor, EMO, and demanded that we remove the EMO payment processor option from our website.

We complied with StormPay’s demand that StormPay should be our exclusive processor, and reached other agreements with StormPay, but within a few days StormPay reneged on those agreements and suspended all activity on 12DailyPro members’ accounts and our LifeClicks account. As StormPay has itself stated in published news reports, it has “frozen” our account and funds, falsely accusing us of misrepresenting our business model to StormPay.

Unfortunately, although StormPay’s president and lawyer committed to working with us to resolve our disputes, StormPay is not responding to calls from our lawyer and is taking unilateral actions concerning 12DailyPro members’ accounts without our consent or without any authorization from LifeClicks or 12DailyPro members. They are taking these actions even though we have demanded that they stop and work out a plan with us.

In light of these developments and StormPay’s refusals to communicate or negotiate with us, our lawyers are evaluating our legal options. They are also assisting us in our communications with law enforcement authorities who have contacted us, and we are cooperating fully with all investigations.

As you know, in recent days, many accusations and allegations have been made about 12DailyPro, and about people who are doing things and using our name without our authorization and consent. But you should know that until these problems arose with StormPay, 12DailyPro never missed making a payment or reimbursement to 12DailyPro members. The problems we are currently trying to resolve all trace back to the demands and actions taken by StormPay.

:: Note the above statement has also been sent to all news entities who have requested a statement from us in regards to these recent events.

I will continue to keep all of you up to date on these matters as anyt new developments of substance arise. Thank you all for your continued support of our program.

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