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UBid Complaint - Bad avenue for sellers - computers/electronics

computers/electronics - Complaint
Review by pcchips on 2011-07-05
pcchipsUBid
1/5 posted Jul-05-2011

"Seller and small business people: Be careful of this website. Do not sign up to sell with them. They drag you down and not pay you for the goods you post on their website. They've cheated us of more than $8,300 and refused to pay. They even pretended that they are not the same company now.

We used to sell computers and electronics on their website for thousands of dollars. They topped paying us and when we called over & over, they kept encouraging us to post more items and that they have a temporary problem but they'll pay us later. There was no later and we ended $8,300 in the hole.


Scam and not worth any initial money you may make at the beginning."
Company Response:
Unfortunately, due to the anonymous nature of this posting, uBid Holdings, Inc. f/k/a SunRise Bidders, Inc. and its subsidiaries (“we” or “us”), cannot effectively respond to the allegations in this complaint. However, it is a matter of public record that the online marketplace, uBid.com, was formally owned and operated by Enable Holdings, Inc., and its subsidiaries. In September, 2010, various creditors of Enable Holdings, Inc., filed an involuntary bankruptcy petition against Enable Holdings, Inc. We are an entirely separate company from Enable Holdings, Inc., and were, in fact, creditors of Enable Holdings, Inc., and its subsidiaries at the commencement of the bankruptcy proceeding (although we were not among the petitioning creditors). on October 8, 2010, we acquired the uBid.com market place pursuant to a public foreclosure sale of Enable Holdings’ assets, which was conducted with the authorization of the Bankruptcy Court and in accordance with the Illinois Uniform Commercial Code. As such, we did not own or operate the uBid.com website prior to the foreclosure sale and are not responsible for Enable Holdings, Inc.’s actions. Furthermore, no third party seller has failed to receive payment from us. Currently, numerous third party sellers sell products through the uBid.com marketplace on a regular basis and promptly receive sale proceeds from us as per the terms of our agreements with these sellers. Moreover, we have made numerous changes to the uBid.com website and enacted specific policies designed to make the marketplace attractive to third party sellers and to ensure that sellers receive the payments they are entitled to. Among other things, all proceeds that are to be paid to third party sellers are segregated from our bank accounts and are not available to us in the operation of our business. These are substantial changes from the way that uBid.com was previously operated and managed. We are working to make uBid.com a vibrant and robust marketplace that sets the standard for our collective industry. We are very grateful for the many sellers that have and continue to sell goods on uBid.com and look forward to welcoming new sellers in the future. Please visit our website and give us a call if you have any questions about selling through the uBid.com marketplace and especially if you have any reservations of doing so based on any prior experiences.
Comments:
Posted by pcchips on 2011-07-08:
No matter what excuses you use, UBIS still owes us money since you are still in business. Your "voluntarily" maneuver is just another scam to avoid paying your debts. No matter what excuses you claim, you still owe us $8,300 and we will not sit quiet and let you get away with that. I will keep posting and warning customers against you on every occasion on every avenue. And I will file a law suit against you.
I was selling on UBID for more than 10 years and UBID collected a good amount of commission from our sales of computers and the they need to pay their debts. Just a reminder to all sellers to remember that UBID could at any time file again for “voluntarily” bankruptcy to avoid paying the sellers their money.

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