Hydra - BURN THE WITCH!

-Matt- said:
^ this place is becoming WaFo with the amount of removed threads lately.
Click to expand...

Well it's one thing to have a thread removed where we Gary Theim'ed a guy. We did at least get an explanation about it.

It's also understandable to remove a thread where someone is wrongly accused, as has happened by frauds rallying the mob in the past. Only to find out the D-Bag was running shady traffic and that's why he didn't get paid.

However it's completely another thing all together to have a thread removed just because it makes a network look bad, when they probably deserve it.
 


Rage9 said:
Well it's one thing to have a thread removed where we Gary Theim'ed a guy. We did at least get an explanation about it.

It's also understandable to remove a thread where someone is wrongly accused, as has happened by frauds rallying the mob in the past. Only to find out the D-Bag was running shady traffic and that's why he didn't get paid.

However it's completely another thing all together to have a thread removed just because it makes a network look bad, when they probably deserve it.
Click to expand...

It's being looked into, trust me. Jon says it wasn't him and we're waiting on the logs to figure out what happened.
 
nickycakes said:
Did you really just say that your company being days away from complete bankruptcy less than 60 days ago has no bearing on its current financial stability?
Click to expand...

It's clear you just don't understand.

Whatever was said back in November and the beginning of December was part of a legal process that had restructuring as its goal. The process went according to plan and the goal was achieved. Hydra has a new corporate structure and new investment subsequent to the court docs you presented.
 
Rage9 said:
If Hydra wasn't in trouble then why would posts and threads be removed from the forum? Undoubtedly Hydra has put pressure on Jon or some other mod.

Obviously someone has something to hide.
Click to expand...

Sorry to disappoint but there is no conspiracy.

We didn't pressure or even ask WF to remove threads or posts. I wasn't even aware of the issue until just today.

Will a WF moderator please step up and explain what happened.
 
cakes - are you writing all this to just get the story out there as a warning to affiliates, or because they screwed you in some way?
 
masonwiley said:
It's clear you just don't understand.
Click to expand...

Your condescending remarks do nothing to further your argument. On the contrary, it's clear that YOU don't understand or are just avoiding the situation.

Are you saying that Zac made up the stuff about being millions in debt and just days away from defaulting on everything so the court would let you guys restructure?

Facts are facts, and while I've been trying really hard not to take sides, your attempt at avoiding the real issues and patronizing remarks make that very difficult for anyone.
 
masonwiley said:
Hydra is in trouble and soon to go out of business
Click to expand...

WHAT?!?

oh_noes.gif
 
mberman84 said:
cakes - are you writing all this to just get the story out there as a warning to affiliates, or because they screwed you in some way?
Click to expand...

I've never been screwed by them, and if I am ever screwed by a company I assure you I won't be handling it with a blog post.

I'm posting this, as you said, to give affiliates information about their company so they can make an educated decision about working with them.
 
I have never had issues with Hydra, but honestly why do you keep coming back here to argue with everyone? You're just stirring up more negative publicity for Hydra, you're not going to win this battle here.

If you truly believe everything you write then let it play out as so.
 
nickycakes said:
it's clear that YOU don't understand or are just avoiding the situation.

Are you saying that Zac made up the stuff about being millions in debt and just days away from defaulting on everything so the court would let you guys restructure?
Click to expand...

By the amount i have and am continuing to participate - how can it said i am avoiding the situation? I started this thread!

The court docs -- including Zac's statements -- are what they are. Those statements were made in mid-November. It is now mid-January. But even back when those statements were made, there were investors and money already lined up for when the legal process ended. We were assured of a specific outcome and that's what came to pass. The legal process ended and the money came in as planned. All of our affiliates got paid and continue to get paid and that is not in danger. We never planned or were close to entering Bankruptcy as you claimed.

Is that somehow not clear? I have said this in one way or another several times now. That you are so fixated on specific comments in court docs indicates you don't understand the big picture of what occurred. I was not being condescending--even despite the snide comments you have made about me personally.
 
How did you magically solve the problem of bankruptcy (yes, i know about the investment of money, I'm talking about the reason behind the bankruptcy) and suddenly are 100% sure you won't go bankrupt or near bankrupt again?

You seem to want to sit here and say "Don't worry about our bankruptcy problem that happened 3 months ago, they don't mean anything!"
 
I dont think this is just a Hydra problem. I'm curious to see every CPA Networks finance numbers now. I can almost guarantee that alot if not ALL of big CPA are in the shitter. With every CPA Network cutting each others throats, more and more new CPA networks popping up, and the decline in Rebills revenue. If you are an AM or an employee for a CPA Network in anyway I would keep my options open can anyone say "job security".
 
kingrage said:
I have never had issues with Hydra, but honestly why do you keep coming back here to argue with everyone? You're just stirring up more negative publicity for Hydra, you're not going to win this battle here.
Click to expand...

In the past we chose not to participate because it always is a losing battle getting into arguments here. But not participating turned out to be worse.

So now i do respond to what we think are unfair allegations or insinuations, because they do have a negative effect on business. Plus it is disheartening to our hard working employees to see Hydra being smeared with no response from us. So i do respond as factually and revealingly as is possible.

We don't expect to win. Only inform.
 
Faint said:
How did you magically solve the problem of bankruptcy (yes, i know about the investment of money, I'm talking about the reason behind the bankruptcy) and suddenly are 100% sure you won't go bankrupt or near bankrupt again?

You seem to want to sit here and say "Don't worry about our bankruptcy problem that happened 3 months ago, they don't mean anything!"
Click to expand...

We had nearly $10 million in bad debt from advertisers. That is money we never collected despite paying out affiliates for most of it. Yes, that did cause some cash flow issues. We had a plan we successfully executed to get past it.

We have substantially changed our mix of advertisers and campaigns to avoid a repeat of the problem. We took a hit from this - not unlike when we cut out cash incentivizers - but have recovered nicely.

As a result, we are today on solid footing and well poised for future growth.

We faced the pain early. Other networks are going to have to soon face it too. Some will survive. Many will not. We did.
 
Ya all those Rebill Advertisers not paying I'm sure can cause a fucked up cash flow situation.
 
masonwiley said:
We had nearly $10 million in bad debt from advertisers. That is money we never collected despite paying out affiliates for most of it. Yes, that did cause some cash flow issues. We had a plan we successfully executed to get past it.

We have substantially changed our mix of advertisers and campaigns to avoid a repeat of the problem. We took a hit from this - not unlike when we cut out cash incentivizers - but have recovered nicely.

As a result, we are today on solid footing and well poised for future growth.

We faced the pain early. Other networks are going to have to soon face it too. Some will survive. Many will not. We did.
Click to expand...

I assume you (as in Hydra) at one point thought about suing the advertisers if they owed you money? Yes/No?
 
You must log in or register to reply here.
Top Bottom