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Shortly thereafter, Limm became the managing director and Percival the lead developer.To help with the scale of the project, two additional developers, Freddie Bingham and Mike Sullivan were brought on to help finish v Bulletin 2.Version 3.8 introduced more new features, such as social group discussions, social group categories, private message sorting and filtering options, private message history, quick edit for newer types of content (visitor messages and picture comments), social group icons, social group transfers, a private message quick reply box, private message throttling (limit messages sent over a time period), private message reporting, profile privacy (limit blocks to a subset of users), lightbox navigation, thread prefix permissions, and dismissible notices.The latest stable release of v Bulletin 3 is 3.8.11 which was released on 10th May 2017, and is a maintenance and compatibility release (for PHP 7.x compatibility).

As there was still a demand for the software, Limm and Percival created Jelsoft and released their work as a paid solution, called v Bulletin 1.against Xen Foro Ltd., and its founders Kier, Mike and Ashley.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.In 2005, v Bulletin 3.5 was released that addressed some of the shortcomings of 3.0 (discussed later on).v Bulletin 3.6 was released as a stable version on 3 August 2006.

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