FriendFinder Says It's Facing Delisting on Nasdaq - GoFuckYourself.com

Roald · 01-13-2012, 11:51 PM

Quote:

Nasdaq warned FriendFinder that the value of its publicly traded shares dipped below $15 million for 30 days and its stock price fell below $1 for 30 days, both grounds for delisting.

Quote:

FriendFinder traded Friday on the Nasdaq at 23 cents a share.

http://www.xbiz.com/news/143242

Whoopsy

k0nr4d · 01-14-2012, 12:00 AM

What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.

AdultKing · 01-14-2012, 12:00 AM

Spectacular IPO fail right there.

PSD · 01-14-2012, 12:05 AM

Quote:

Originally Posted by k0nr4d

What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.

If they are given the opportunity by the exchange to come into compliance and do so it may be relisted but more likely it will be relisted in a smaller exchange or the pink sheets with the rest of the penny stocks. Often companies will do a reverse stock split in order to boost their share price to get back into compliance.

Roald · 01-14-2012, 12:08 AM

Quote:

Originally Posted by k0nr4d

What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.

http://www.thestreet.com/story/10358...-delisted.html

TwinCities · 01-14-2012, 06:41 AM

They'll simply do a reverse split to have a higher share price to get them by for some period of time.

candyflip · 01-14-2012, 06:42 AM

Karma comes calling.

cherrylula · 01-14-2012, 06:45 AM

amazing all around

Fletch XXX · 01-14-2012, 06:47 AM

to anyone who has watched porn companies in california do the "we are porn but lets cover it with mainstream and go public" always ends up something like this.

i had stock in an early company that did this

Paul Markham · 01-14-2012, 08:30 AM

I remember when everyone was bleating this is the biggest company in porn. Just like they bleat the same thing today about

Quote:

Originally Posted by Fletch XXX

to anyone who has watched porn companies in california do the "we are porn but lets cover it with mainstream and go public" always ends up something like this.

i had stock in an early company that did this

Like Hustler, Playboy and other crap little porn companies. Spot on Fletch.

DWB · 01-14-2012, 09:57 AM

Every dog has its day.

stocktrader23 · 01-14-2012, 10:05 AM

Quote:

Originally Posted by Paul Markham

I remember when everyone was bleating this is the biggest company in porn. Just like they bleat the same thing today about

Like Hustler, Playboy and other crap little porn companies. Spot on Fletch.

First of all, their listing on the NASDAQ has fuck all to do with how big they are or how much revenue they generate.

Second, Hustler and Playboy are both fucked financially. Not good examples of "going mainstream and succeeding".

Edit: spot on you old codger.

V_RocKs · 01-14-2012, 10:12 AM

It was a novel idea.

stocktrader23 · 01-14-2012, 10:32 AM

Quote:

Originally Posted by Jesus H Christ

Of course it is. FFN is also facing, not one, not two, but three Class Action lawsuits. What gets me, some people in this forum think they are players in this biz when they knew FFN was all smoke and mirrors with their fake profiles etc. Almost like inside trading information and how could they NOT hedge against the stock? It's like free money.

They paid for ads with every shady company in existence right in front of everyones face. Lars pumped up that shit so hardcore on GFY it was like watching a magic show. Perfect summarization of this industry.

DBS.US · 01-14-2012, 11:09 AM

Quote:

Originally Posted by Jesus H Christ

Of course it is. FFN is also facing, not one, not two, but three Class Action lawsuits. What gets me, some people in this forum think they are players in this biz when they knew FFN was all smoke and mirrors with their fake profiles etc. Almost like inside trading information and how could they NOT hedge against the stock? It's like free money.

The face of AFF fake profiles

gabe100 · 01-14-2012, 11:19 AM

Quote:

Originally Posted by stocktrader23

They paid for ads with every shady company in existence right in front of everyones face. Lars pumped up that shit so hardcore on GFY it was like watching a magic show. Perfect summarization of this industry.

Your summarization was perfect too.

Paul Markham · 01-14-2012, 11:35 AM

Quote:

Originally Posted by stocktrader23

First of all, their listing on the NASDAQ has fuck all to do with how big they are or how much revenue they generate.

Second, Hustler and Playboy are both fucked financially. Not good examples of "going mainstream and succeeding".

Edit: spot on you old codger.

Sometimes you're very funny. Very funny.

Quote:

Originally Posted by stocktrader23

They paid for ads with every shady company in existence right in front of everyones face. Lars pumped up that shit so hardcore on GFY it was like watching a magic show. Perfect summarization of this industry.

And loads of people praised them.

Quote:

Originally Posted by Jesus H Christ

Of course it is. FFN is also facing, not one, not two, but three Class Action lawsuits. What gets me, some people in this forum think they are players in this biz when they knew FFN was all smoke and mirrors with their fake profiles etc. Almost like inside trading information and how could they NOT hedge against the stock? It's like free money.

The class actions might be a warning to many. Once this one goes through and the lawyers win. Then the next fake dating site is put in the cross hairs. These companies are sitting ducks. Get a couple of dozen of pissed off members, fake profiles, fake emails, fake geo targeting screen grabs. Play the victim up as a trusting single person who thought it was all genuine. Then goes for damages. Both financial and emotional damages here to be counted.

Maybe Wall Street was wise to more than ST thinks.

porno jew · 01-14-2012, 12:24 PM

Quote:

Originally Posted by Paul Markham

The class actions might be a warning to many. Once this one goes through and the lawyers win. Then the next fake dating site is put in the cross hairs. These companies are sitting ducks. Get a couple of dozen of pissed off members, fake profiles, fake emails, fake geo targeting screen grabs. Play the victim up as a trusting single person who thought it was all genuine. Then goes for damages. Both financial and emotional damages here to be counted.

lawsuits have already happened. obviously the ftc knows and don't give a fuck about dating sites.

they have their hands full with payday loans, get rich, money making scams and dangerous and fraudulent diet product claims right now. raven riley on a dating site i'm sure is low on their priorities.

Socks · 01-14-2012, 12:28 PM

Quote:

Originally Posted by k0nr4d

What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.

You wait until you get a letter that says they've changed names and are using what money they have left to "invest" with (ie: keep a few board members in a salaried job). Then you sell them for next to nothing in a year where it benefits you to write off the capital losses.

L-Pink · 01-14-2012, 12:33 PM

Profiles are a dating sites "inventory" ... Depending on fake inventory to boost the value of a company being publicly traded will not end well.

.

porno jew · 01-14-2012, 12:37 PM

most dating sites have it in their tos that profiles may be fake anyway.

aff has had disclaimers on their banners for like 5 years now.

SleazyDream · 01-14-2012, 12:52 PM

the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

but haters will hate....

L-Pink · 01-14-2012, 12:55 PM

Quote:

Originally Posted by SleazyDream

the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

but haters will hate....

Some of their sites like "alt" are saturated with fake profiles.

.

cherrylula · 01-14-2012, 01:03 PM

Quote:

Originally Posted by DBS.US

The face of AFF fake profiles

how hot maybe someone had a threesome with both.... lol

Roald · 01-14-2012, 01:06 PM

Quote:

Originally Posted by SleazyDream

the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

but haters will hate....

sorry but

Shap · 01-14-2012, 01:07 PM

The stock is actually at $0.86.

http://www.google.com/finance?q=NASDAQ:FFN

porno jew · 01-14-2012, 01:08 PM

read any consumer reviews of the aff sites. they have a different take than the brogasm which made this thread suddenly sticky.

cherrylula · 01-14-2012, 01:10 PM

I would have sent them more traffic if they didn't make you meet the minimum payout on every site. I always thought that was somewhat shady. But their checks always good.

DamageX · 01-14-2012, 01:26 PM

Congrats to the winners!

Paul Markham · 01-14-2012, 03:20 PM

Quote:

Originally Posted by Jesus H Christ

It was a setup from day one and WT does not care. You just can't file an IPO without your financials being sound and certified. It's over for FFN as this was a massive stock/money grab. The Lawyers will go over the financial submitted and then go after the accountant who "certified" the auditing to get the IPO, who'll then roll and say FFN lied on their financials. The lawyers will then try to recover what they can as they toss the bad financials to the SEC on the way out.

Anyway, we all knew AFF needed money, knew they'd never be what they were, knew profiles we fake, as they made a last ditch effort to grab what they could as that ship sank. Again, how could you NOT hedge against their stock, as I'd bet they also did by proxy?

Sorry I thought you were talking about a class action on the dating scams. Is there another one?

Quote:

Originally Posted by SleazyDream

the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

but haters will hate....

Now it's the rogue submitters.

SomeCreep · 01-14-2012, 04:58 PM

AFF just seems like a poorly run company. Their debt is burying them alive. Ive always liked Lars though. I hope he got out on top.

Half man, Half Amazing · 01-14-2012, 10:59 PM

Couldn't happen to a more deserving bunch of guys. Anyone remember when Marc Bell was Xbiz Man of the Year? Just try and remember the people involved in this clusterfuck because once they've cashed out leaving some poor schmuck holding the bag, they'll be back to tout some new venture and how it was all someone else's fault.

GonZo · 01-15-2012, 12:11 AM

Quote:

Originally Posted by Paul Markham

Now it's the rogue submitters.

LARS WAS FORCED ! ! !

bean-aid · 01-15-2012, 12:19 AM

Quote:

Originally Posted by k0nr4d

What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.

It means that your shares will soon evaporate to about .0001 cents.

Happened to me twice now.

BAKO · 01-15-2012, 01:30 AM

No matter what happens AFF will stay strong. U guys really don't know how strong that company is. Wish there was more companies out there like AFF but there isn't.

Paul Markham · 01-15-2012, 06:02 AM

Quote:

Originally Posted by Jesus H Christ

Yes, for their stock performance, or lack of.

Law Offices of Howard G. Smith announces that all persons or entities who purchased the common stock of FriendFinder Networks, Inc

Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Florida on behalf of investors who purchased FriendFinder Networks, Inc.

Harwood Feffer LLP Announces That a Securities Class Action Lawsuit Has Been Filed Against FriendFinder Networks, Inc.

Now image if you bought $5k of stock at $8 and then hedged it as you then submit your claim, then write off the investment. - ChaChing!= Free money motherfuckers!

Anyone who invested in this company, is going to be very pissed off. But seeing the debt mountain and the way the shares slid down, I don't suppose it will be many.

BAKO if they were so strong, why did the shares fall so fast?

teomaxxx · 01-15-2012, 09:46 AM

Quote:

Originally Posted by BAKO

No matter what happens AFF will stay strong. U guys really don't know how strong that company is. Wish there was more companies out there like AFF but there isn't.

counting the time when they will stop to pay the affiliates....

jimmycooper · 01-15-2012, 10:27 AM

Quote:

Originally Posted by Paul Markham

Anyone who invested in this company, is going to be very pissed off. But seeing the debt mountain and the way the shares slid down, I don't suppose it will be many.

BAKO if they were so strong, why did the shares fall so fast?

With such a low market cap, it is possible that share prices could have been manipulated by even a small hedge fund. I'm not saying that's what happened, as I haven't been following the stock or the company, but it is possible.

GAMEFINEST · 01-15-2012, 10:43 AM

Friend finder for life

porno jew · 01-16-2012, 06:43 PM

anexsia · 01-16-2012, 06:47 PM

Quote:

Originally Posted by porno jew

pornmasta · 01-16-2012, 06:58 PM

this is a bro

CyberHustler · 01-16-2012, 07:09 PM

Operator · 01-16-2012, 10:04 PM

Those two are both packing revolvers if you ask me

01-14-2012, 12:00 AM	#2
k0nr4d Confirmed User Industry Role: Join Date: Aug 2006 Location: Poland Posts: 9,228	What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious. __________________ Mechanical Bunny Media Mechbunny Tube Script \| Mechbunny Webcam Aggregator Script \| Custom Web Development

01-14-2012, 06:42 AM	#7
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,052	Karma comes calling. __________________ Spend you some brain. Email Me

01-14-2012, 06:47 AM	#9
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	to anyone who has watched porn companies in california do the "we are porn but lets cover it with mainstream and go public" always ends up something like this. i had stock in an early company that did this __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

01-14-2012, 12:52 PM	#22
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit. Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there. I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years. but haters will hate.... __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

01-14-2012, 01:26 PM	#29
DamageX Marketing & Strategy Industry Role: Join Date: Jun 2001 Location: Former nomad Posts: 14,293	Congrats to the winners! __________________ Whitehat is for chumps If you don't do it, somebody else will - true story!

01-14-2012, 12:00 AM	#3
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,605	Spectacular IPO fail right there.

01-14-2012, 06:41 AM	#6
TwinCities Confirmed User Join Date: Oct 2003 Posts: 492	They'll simply do a reverse split to have a higher share price to get them by for some period of time.

01-14-2012, 06:45 AM	#8
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	amazing all around

01-14-2012, 09:57 AM	#11
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Every dog has its day.

01-14-2012, 10:12 AM	#13
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,391	It was a novel idea.

01-14-2012, 12:33 PM	#20
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,152	Profiles are a dating sites "inventory" ... Depending on fake inventory to boost the value of a company being publicly traded will not end well. .

01-14-2012, 12:37 PM	#21
porno jew Too lazy to set a custom title Industry Role: Join Date: Nov 2006 Posts: 10,166	most dating sites have it in their tos that profiles may be fake anyway. aff has had disclaimers on their banners for like 5 years now.

01-14-2012, 01:07 PM	#26
Shap Confirmed User Industry Role: Join Date: May 2001 Posts: 8,313	The stock is actually at $0.86. http://www.google.com/finance?q=NASDAQ:FFN

01-14-2012, 01:08 PM	#27
porno jew Too lazy to set a custom title Industry Role: Join Date: Nov 2006 Posts: 10,166	read any consumer reviews of the aff sites. they have a different take than the brogasm which made this thread suddenly sticky.

01-14-2012, 01:10 PM	#28
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	I would have sent them more traffic if they didn't make you meet the minimum payout on every site. I always thought that was somewhat shady. But their checks always good.

01-14-2012, 04:58 PM	#31
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	AFF just seems like a poorly run company. Their debt is burying them alive. Ive always liked Lars though. I hope he got out on top. __________________ Webair Hosting I use and recommend Webair for hosting.

01-14-2012, 10:59 PM	#32
Half man, Half Amazing Confirmed User Join Date: Feb 2008 Location: Capital Wasteland, DC Posts: 372	Couldn't happen to a more deserving bunch of guys. Anyone remember when Marc Bell was Xbiz Man of the Year? Just try and remember the people involved in this clusterfuck because once they've cashed out leaving some poor schmuck holding the bag, they'll be back to tout some new venture and how it was all someone else's fault. __________________ Is this gonna get ugly, now? Huh? I hope not. Because I thought what we were here, racial differences notwithstanding, was just a couple of old friends. You know, just both of us Californians.

01-15-2012, 01:30 AM	#35
BAKO Etology.com Industry Role: Join Date: Jul 2005 Location: Hollywood CA Posts: 18,369	No matter what happens AFF will stay strong. U guys really don't know how strong that company is. Wish there was more companies out there like AFF but there isn't. __________________ DatingNetwork.com Skype: Bako2323

01-15-2012, 10:43 AM	#39
GAMEFINEST Make STACK$ Industry Role: Join Date: Nov 2006 Location: sexy time Posts: 14,418	Friend finder for life __________________ Compound interest.

01-16-2012, 06:43 PM	#40
porno jew Too lazy to set a custom title Industry Role: Join Date: Nov 2006 Posts: 10,166

01-16-2012, 06:58 PM	#42
pornmasta Too lazy to set a custom title Join Date: Jun 2006 Posts: 18,942	this is a bro

01-16-2012, 07:09 PM	#43
CyberHustler So Fucking Banned Industry Role: Join Date: Feb 2006 Posts: 25,214

01-16-2012, 10:04 PM	#44
Operator So Fucking Banned Industry Role: Join Date: May 2009 Location: ΠπΠ Posts: 2,419	Those two are both packing revolvers if you ask me