More on the Geckonet “net-out”
Here is a little more on the Geckonet collapse.
Jason Stead from Geckonet said that iBurst connections are no longer active because he couldn’t pay the connection fees and that clients were not coughing up the monthly service fee.
One user called “Paul” commented on something that is actually very true:
Have Debts + Cannot repay these debts = Trading insolvent. It’s a big no no. There is prison time for this.
Apparently Jason has also been involved in a few failed “ISPs”. I’ve lost two weeks productive work while the connection has not been working and I have already paid for my monthly access. I hope he goes down for this.