Beware of Webmedia (wmadv.com) – Carried out test with them, still no payment. Scam?

I was contacted by Webmedia (wmadv.com) and I gave them a week’s test with payment promised within 24 hours of completion. It’s now been over 2 weeks and all the rep (Raz Almog) keeps telling me is it’s being processed, blah blah blah. In total we’ve sent 12 million ad impressions so they are sitting on a few hundred bucks. Apparently they are a big company so this should be tiny money to them anyway. So the word SCAM is ringing in my head.
I’ll keep you posted on when/if I do get payment, but in the meantime everyone be careful. They will set up your account within hours, but when will you paid? Who knows…

See original post by monkeyclap