The struggling Bopo prepaid Visa card and a misguided bail out of a loss making internet kiosk maker have dragged Bill Express' December 2007 half year into the red.The company, which has been dogged by internal wrangling between directors, has also announced a restructure aimed at ending the problems caused by cross directorships.On Friday Bill Express announced a half-year net loss after tax of $2.05 million. That included a $1.8 million equity write off on its investment in ETT Limited.  ETT had plans to roll out its internet kiosks into McDonalds outlets, and with Bill Express, add bill paying functionality. Those plans never eventuated."We got involved with ETT when they were more into the kiosk business," said Ian Christiansen, CEO of Bill Express."We were going to do a few things with them that didn't really come about so it has been a dormant investment."We are selling so we'll make a profit on it in the second half but it has affected our first half results."Bill Express also blamed its poor result on a $3.4 million marketing splurge for the Bopo card, which has been a disappointment in its first 18 months on the market."Bopo is the pre-eminent prepaid brand in a market that hasn't really taken off yet," said Ian Christiansen."We are working with some corporate and government trials, which are all very positive, and we expect it will continue to push forward strongly." Bill Express also announced on Friday that it was restructuring its corporate arrangements, which have been dogged by a dispute over debts and loans between directors and, in particular, Peter McDougall."I think it is common knowledge that both companies really need to come together. One is very strong domestically, but not internationally and one [OnQ] has the intellectual property."There is debt and royalties involved so how it will come together is still in question but both parties are going on with doing that."Clearly if one of the issues that's perceived about the company is cross directorships across the two companies, then if the two come together then that is no longer an issue."