Quote:
Originally Posted by ShellyCrash
From Reuters:
did not say when it might again try to price the IPO, but said in a statement it would not proceed "until market conditions improve."
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or they go bankrupt first. A lot of financial guys were saying this was their last ditch hail mary pass to not go bankrupt.... "market conditions" to improve enough for a sinking ship porn company to go puiblic, LOL maybe back in the late 90's when could take a startup site with no assets or value public but not these days, not any more.
So the next question is, how long till they implode, go bankrupt, stop paying affiliates, sell off the different properties and raid the coffers? Anyone that doubts what will happen next needs to look no further than what happened to ibill once Stanton and Bell took that sinking ship over. Where did all the money go?
got a feeling people will be saying this phrase about AFF in the next couple years.