Xbiz article on AFF IPO. Russian Bank? - GoFuckYourself.com

pamon · 12-29-2008, 11:39 PM

Interesting article on xbiz talking about the AFF/Penthouse IPO. Russian bank is now backing the IPO. The russian bank is underwriting the IPO.

Per xbiz: Renaissance Capital is based in Moscow but has satellite offices across Eastern Europe, the U.K., in Nigeria and in New York.

A questionable company with questionable practices now getting the backing of an eastern european bank and nigeria. I smell dirty laundered money. Just my thoughts. Don't ban me for that opinion, but going to a Russian bank for underwriting an IPO for $500MM with $48mm in revenue is iffy..

Ouch

Iron Fist · 12-29-2008, 11:41 PM

Offices in Nigeria? Holy fuck... what is wrong with this picture?

spacedog · 12-30-2008, 12:33 AM

I wonder if they can pay me with stock shares instead of dollars

JD · 12-30-2008, 12:35 AM

ummmm..... wtf

XPays · 12-30-2008, 12:36 AM

there are now more 7 figure and up individuals in Russia than anywhere in the world fyi.

okfling · 12-30-2008, 12:45 AM

would a bankrupt investment bank from the US do a better job?

DWB · 12-30-2008, 01:20 AM

LOLOLOL

By scammers, for scammers.

nolongerexists · 12-30-2008, 01:31 AM

slavdogg · 12-30-2008, 01:35 AM

Quote:

Originally Posted by pamon

Interesting article on xbiz talking about the AFF/Penthouse IPO. Russian bank is now backing the IPO. The russian bank is underwriting the IPO.

Per xbiz: Renaissance Capital is based in Moscow but has satellite offices across Eastern Europe, the U.K., in Nigeria and in New York.

A questionable company with questionable practices now getting the backing of an eastern european bank and nigeria. I smell dirty laundered money. Just my thoughts. Don't ban me for that opinion, but going to a Russian bank for underwriting an IPO for $500MM with $48mm in revenue is iffy..

Ouch

yes the choice of Renaissance Capital is a very interesting option. But that in itself is nothing weird. As Ren Cap is a large global investment bank
Take a look at their history in equity markets
http://www.rencap.com/eng/project/project.asp

They could have picked any # of US underwriters you've never heard of, now that would have been seen as a joke.

another interesting bit, Renaissance Capital is #1 in google under IPO. guess they're doing something right.

sacX · 12-30-2008, 02:49 AM

Quote:

Originally Posted by pamon

Interesting article on xbiz talking about the AFF/Penthouse IPO. Russian bank is now backing the IPO. The russian bank is underwriting the IPO.

Per xbiz: Renaissance Capital is based in Moscow but has satellite offices across Eastern Europe, the U.K., in Nigeria and in New York.

A questionable company with questionable practices now getting the backing of an eastern european bank and nigeria. I smell dirty laundered money. Just my thoughts. Don't ban me for that opinion, but going to a Russian bank for underwriting an IPO for $500MM with $48mm in revenue is iffy..

Ouch

Revenue was 240+ million, not 48.

AsianDivaGirlsWebDude · 12-30-2008, 03:42 AM

On September 23, 2008, Fitch a financial rating company has downgraded Renaissance Capital's individual rating to D from C/D and changed the outlook on the bank's long-term issuer default rating to negative from stable.

Sounds like par for the course for iBill/Penthouse/AFF...

ADG

xmas13 · 12-30-2008, 06:03 AM

http://www.renaissancegroup.com/about_us/management.asp

Richard Olphert
Hans Jochum Horn
Stephen Jennings
Neil Harvey
Steven Wootton

pamon · 12-31-2008, 11:17 PM

it'll make for an interesting IPO for sure. Love to call up a major broker and tell them to ride my fortune on stock AFF. Awesome

HorseShit · 01-01-2009, 12:00 AM

nice looking stock, what a plummet

12-29-2008, 11:41 PM	#2
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Offices in Nigeria? Holy fuck... what is wrong with this picture? __________________ i like waffles

12-30-2008, 12:33 AM	#3
spacedog Yes that IS me. Bitch. Industry Role: Join Date: Nov 2001 Posts: 14,149	I wonder if they can pay me with stock shares instead of dollars Last edited by spacedog; 12-30-2008 at 12:34 AM..

12-30-2008, 12:36 AM	#5
XPays Team Player Join Date: May 2004 Location: Inside the most accurately counting and reporting affiliate system in the world at XPays.com Posts: 13,002	there are now more 7 figure and up individuals in Russia than anywhere in the world fyi. __________________ InterNext Expo Domain Auction Live Now thru Feb 5 HuntingMoon GFY Domains Marketplace is LIVE XPays always pays! Top Site: * RealJasmine.com * + HotelHeiress® with The Paris Hilton Sex Video Insert the HotelHeiress® HD FEED into your members areas XPin.com Opening for Pin Partners Soonish Mainstream Offers For Emailers and DomainersNONADULT.COM Like Us!

12-30-2008, 01:31 AM	#8
nolongerexists Confirmed User Industry Role: Join Date: Apr 2003 Posts: 1,096	__________________ work smart not hard ;) Last edited by nolongerexists; 12-30-2008 at 01:32 AM..

12-30-2008, 03:42 AM	#11
AsianDivaGirlsWebDude Purveyor, Fine Asian Porn Industry Role: Join Date: Jul 2004 Location: San Francisco Bay Area Posts: 38,323	On September 23, 2008, Fitch a financial rating company has downgraded Renaissance Capital's individual rating to D from C/D and changed the outlook on the bank's long-term issuer default rating to negative from stable. Sounds like par for the course for iBill/Penthouse/AFF... ADG __________________ Asian Diva Girls - Exclusive Photos and Videos Asian Diva Girls Affiliate Program (50% ccBill Revshare)

12-29-2008, 11:39 PM	#1
pamon Confirmed User Industry Role: Join Date: Dec 2007 Posts: 3,107	Xbiz article on AFF IPO. Russian Bank? Interesting article on xbiz talking about the AFF/Penthouse IPO. Russian bank is now backing the IPO. The russian bank is underwriting the IPO. Per xbiz: Renaissance Capital is based in Moscow but has satellite offices across Eastern Europe, the U.K., in Nigeria and in New York. A questionable company with questionable practices now getting the backing of an eastern european bank and nigeria. I smell dirty laundered money. Just my thoughts. Don't ban me for that opinion, but going to a Russian bank for underwriting an IPO for $500MM with $48mm in revenue is iffy.. Ouch __________________ Email: [email protected] Skype: davidamodt. / TG: Davidamodt US Adult Content & Porn Writer Project/Sites/Tubes/Reviews & More

12-30-2008, 12:35 AM	#4
JD Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Posts: 22,651	ummmm..... wtf

12-30-2008, 12:45 AM	#6
okfling So Fucking Banned Join Date: Oct 2008 Posts: 112	would a bankrupt investment bank from the US do a better job?

12-30-2008, 01:20 AM	#7
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	LOLOLOL By scammers, for scammers.

12-30-2008, 06:03 AM	#12
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	http://www.renaissancegroup.com/about_us/management.asp Richard Olphert Hans Jochum Horn Stephen Jennings Neil Harvey Steven Wootton __________________ ICQ 557504926

12-31-2008, 11:17 PM	#13
pamon Confirmed User Industry Role: Join Date: Dec 2007 Posts: 3,107	it'll make for an interesting IPO for sure. Love to call up a major broker and tell them to ride my fortune on stock AFF. Awesome __________________ Email: [email protected] Skype: davidamodt. / TG: Davidamodt US Adult Content & Porn Writer Project/Sites/Tubes/Reviews & More

01-01-2009, 12:00 AM	#14
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	nice looking stock, what a plummet