This is literally a guy who saw a good opportunity ($2000 reseller account) without a clear TOS (i.e. "unlimited accounts) and then exploited it. LiveDrive is pissed off, they terminate, and he's scrambling.

This doesn't end well for ANYONE.

I did the numbers for this exact same thing a few months ago - I was going to set up a white labelled LiveDrive and sell it nationally on Groupon/Groupon clones for "1 year, 80% off full cloud backup storage" etc. Obviously the intention is to get them to keep going after the 1 year since their files are already uploaded. Ultimately, although money was there, it just wasn't a good option. As has been clearly shown here, your entire model is in the hands of LiveDrive, and they are in it to make money, not to make peanuts of you and get hammered with costs.