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Old 10-11-2013, 07:59 PM  
Jim_Gunn
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I was wondering when this debacle would make it to GFY. What the original poster describes is just the tip of the iceberg. Kim Nielsen owes deep into the tens and perhaps even hundreds of thousands of dollars to producers around the world that he can not or will not pay. He owes me a balance of nearly $16,000 for shoots from as far back as March 2013- seven months! That amount is reduced from close to $20,000 he owed due to the single thousand dollar or fifteen hundred dollar pittances he's paid every so often this year when I hound him via email.

The guy is a habitual liar and textbook sociopath who is jerking producers around all over the globe to fund his business ventures and his international jet setting lifestyle. From what I hear- and believe me producers and talent talk- he has ran up bills with many producers until they cannot extend him any longer terms and then hires some lesser known or newer producers in certain areas to run up a bill on those poor saps too.

Kim gave me a forty-five minute long sob story in person back in May at Xbiz Miami full of a dozen preposterous excuses about why his business was doing so poorly and his sites were losing members and how he couldn't get paid by his DVD distributors and more woe is me bullshit about the acrimonious divorce he is going through. He flat out told me that he could not pay his bills in a timely manner in the foreseeable future.

Meanwhile, he's still purchasing more new content updates than ever before to update his various sites including relatively newly purchased or licensed sites like Aunt Judy's. The ATK updates for some time now have been almost all shot in the same house in "Montana" (LOL) because I guess he has to be current with at least one local producer. No wonder the sites are floundering. According to Kim, ATK doesn't make a profit online anymore and depends on DVD to sustain itself, such as it is. Can you imagine how ridiculous that sounds?

In the same breath in our personal conversation he told me that he couldn't pay what he owed me, he also told me that he had just purchased long successful adult DVD studio Kickass Pictures for their offline distribution- a deal that has to be worth over a million dollars with their deep library! On top of that I hear he's well into production on his third big budget vanity project, a feature R-rated & X-rated movie, the follow-up to his overblown "Revenge of the Petites" movie and sequel that he probably lost his shirt on each time based on the over budget clusterfuck he told me the shoots were.

The guy has no shame, even going so far as to tell me he didn't even want his company to show that it was making money this year in case it would affect the settlement terms with his ex or soon-to-be-ex wife. Why that means he can't pay his bills when he clearly has money I don't understand. I have half a mind to contact his wife's attorney to make trouble for him if he's going to fuck me over this hard.

I don't like drama and wouldn't normally reveal personal business like this, but con artist Kim Nielsen has a special kind of arrogance that I have never dealt with in over twenty years in the adult industry. All interested parties be warned- his business is either a house of cards ready to collapse owing who knows how many people who knows how much money; or he's just a total shitheel who's laughing all the way to the bank with other people's money.
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Jim Gunn
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