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v Bulletin 3.6 was released as a stable version on 3 August 2006.On 4 July 2007 Jelsoft announced that Jelsoft had been acquired by Internet Brands, which promised significant investment in software development.In August, we announced a major overhaul of the code base.Rather than targeting all of these changes in a single, long-term release, we intend to accomplish all the planned improvements over a number of versions.When this version was released, it had numerous new features over v Bulletin 1, which it replaced.

Kier Darby was brought on during the v Bulletin 2.0 Beta phase to further development.

Architecturally, v Bulletin 4 follows MVC (model-view-controller) object oriented principles, allowing far greater capabilities in code re-use and extendability." At the time, the requirements of v Bulletin 4 were "PHP 5.2.3 and My SQL 5.0.22 or newer".

On 15 December 2008, James Limm, Managing Director of Jelsoft, posted the v Bulletin 4 Series Development Update with significant differences from the August announcement.

The lawsuit alleges "widespread infringement and unlawful exploitation" of v Bulletin's source code and "equally damaging misappropriation of trade secrets" developed and owned by v Bulletin with "investments of millions of dollars over the last ten years." The lawsuit further alleges that the developers of Xen Foro Ltd.

"took with them virtually every type of document a competitor would need to enter the market and unlawfully create a competing bulletin board software program." Since the initial release of the v Bulletin forum product in 2000, there have been many changes and improvements.

Initially, it was designed solely as a rewrite of UBB, in PHP using My SQL, and was meant only for their own forum.

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