Ibux.ca Shut Down

Quoted from the owner:

http://ibux.ca
I'm going to keep this brief. unfortunately, I am forced to shut down my site, without delay. I'm expecting alot of critics, and I know each one of you have an opinion on this. I received a Fedex letter today from a law office in the US, and I have visited my lawyer within an hour of getting the letter. The name iBux.ca has infringed on the rights of another international company. They have previously copyrighted "iBux" and I used the name without knowing. I have been ordered to disable the site and the domain name. I have broken the law in US as well as Canada without knowing, and I'm hoping it doesn't go any further.

My lawyer advised me not to communicate with any of my previous clients nor open another site. They see this as using there copyrighted name to gain business, and steal potential clients. I must seize business operations to avoid aggrevating the situation. I'm sorry about this. I have always tried my best, and was honest and kind to all my members. I wanted to create an atmosphere where members are customers, and the customer is always right. I didn't want my members to have fear to ask questions, or yell if there payment was delayed. They are my customers. I tried my very best, and never forseen any of this. Refunds will be given for the recent transaction. I was on the verge of tears and heart break when I read the letter.

WITH ALL THE RECENT SCAMS, I know this is going to make it harder on everyone to trust other sites. But there are a lot of great sites out there, and I apologize the hit the industry will take. I'm very sad and sorry for everything, I was always honest.

Sad to see that a good site such as Ibux.ca has to shut down due to copyright problem. I do really like Ibux.ca. :'(