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Hello GFY, I've been away for a while. Hope everyone had a great PHX Forum. Just to add a comment or two about this current iPorn story: Being a former independent contractor of iPorn, and having worked in the Adultvest/iPorn offices, I will confirm the story from the other employee. I personally witnessed Koenigs misuse of investors funds and can tell you that he is a flat out liar about using his "paycheck" to pay for his "fun". I personally witnessed him meeting a Brazilian, let's just say, lady of the evening during the 2008 AVN show. He brought her back to LA to live in his house for about a month and complained to all of us that worked for him, that he had spent nearly 30grand that month on her. That, only to come home and find her in his bed with someone else. Now if he says that he only spent his "paycheck", then that must meant his paycheck had to be in excess of 40K/mth because just his house note and his BMW payment alone was in excess of 7-9K/mth. Not to mention the monthly check we all witnessed his wife coming into the office to get once a month. Let's also not forget that all of his travels, even ones not job related were all paid for with the black amx card that is linked directly to the fund. I, along with other employees all witnessed these things with our own eyes. That doesn't even include me actually witnessing when he was drunk in Vegas at the last Gentlemens Club expo, put down the same black card numerous times at the gaming tables. He's a flat out liar and he knows it. I'm sure there will be more to come, just stay tuned.
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