FriendFinder Networks Announces $50+ Million IPO
 

BOCA RATON, Fla.?FriendFinder Networks (FFN), the Florida-based parent company of Penthouse and Adult FriendFinder has filed papers with the Securities and Exchange Commission (SEC) announcing its intent to seek an initial public offering (IPO) of shares of common stock worth between $50-$57 million.

full story:

http://business.avn.com/articles/vid...PO-434000.html

FriendFinder Estimates IPO Terms; Expects To Sell 5M Shares At $10-$12

http://online.wsj.com/article/BT-CO-...27-706738.html

should be interesting

lets see if it works this time ;) best of luck to them:thumbsup

So how many of you are gon' buy shares and why?

Time to Buy $1,000.000 worth of shares :thumbsup:thumbsup:thumbsup

Didn't someone bought them for 300M years ago...

Thats it?

How much did Lars and whatever his name sell both companies for?

Im shorting this just as shares are available

try,try,try,try,try, and try again.

Only thing that sucks is that it actually worked for .xxx. He tried and failed about 10x before he got it to go through. Really hope the IPO doesn't go through, would like to see them bastards not get their big payday.

http://1.bp.blogspot.com/_fOzYgq3p3O...0/fail2it9.jpg

Way to go dumb ass, in your attempt to try to dis AVN by posting another link to the story, you did so to a news service that is subscription based and only showed the first two sentences for free. I'll stick with AVN, ftw.

Talk about a lot of debt:


" As of December 31, 2010,? it continues, ?we had $305.0 million of New First Lien Notes and $13.8 million of Cash Pay Second Lien Notes outstanding. The New First Lien Notes and Cash Pay Second Lien Notes have a stated maturity date of September 30, 2013. Interest on the New First Lien Notes and Cash Pay Second Lien Notes accrues at a rate per annum equal to 14 percent. "

305M in the hole, and paying 14% interest. And last year they had a whopping Net Loss of 43.2 million.

If anyone doesn't see this as a way for the "executive officers, directors, and principal stockholders" to all of a sudden get a wealth of their own stock, so they can then cash it in and run with the money, they are crazy. Basically they going to let John Public buy stock, making their paper with something so they can cash in their own shares before the company goes bankrupt. I don't know shit about stocks but this one looks pretty fucking obvious. Why would anyone want to buy stock in that company.

Strange, it didn't say anything about the Facebook lawsuit either :1orglaugh:winkwink:

Public is the way to go.... :pimp

This is great news. With a 1/3 billion turn over in porn they made a loss. :uhoh

Obviously reach (traffic) means little.

The loss might be an accountants mastery, but good luck selling it. :1orglaugh

Dating sites are part of the Network supporting pirated porn.

The online porn industry does sweet fuck all to bring them down, and the others supporting pirated porn. In fact it does the opposite, it sends traffic to them. :upsidedow

The online porn industry could bring these guys down in a heartbeat. Stop sending them traffic and start explaining that free dating sites are everywhere.

But not while they get $30 for for a sign up and the Dating sites buy them drinks at a bar.

So now flame me for doing what the rest of you do. Taking money from pirates.

If they can rise that money, they will burst next year and make their stocks grow!

Wonder how many shares fake profiles will buy?

didnt they file before and were denied?

Never accept money from people you think are involved in piracy, right kids!

Nobody really knows wtf is going on. LOL

i didn't realize they did IPOs for such small amounts.

Theooooooooo!

anyone investing in this must have brain damage imho

this can only go wrong in the long term

That would be a juicy short if it came out at the top of its range. It would be headed for single digits in no time.

That's an 88% reduction from their last time they tried to go public at $400M.
WG

same price as last time I think . only fewer shares are being sold.

I dont know anything about stocks.. All I know is these mother fuckers pay me and pay me well for over 8 years now. I just paid cash for my new Range Rover after winning the grand prize of the Nostrings contest Plus they give me Penthouse Pets whenever needed.. I shit you not and have the pics to prove it.

With that said, dont buy the stock. Im gunna bankrupt them. With a combo of sexual harassment lawsuits from the Pets and the high payout and amount they pay to spoil me it makes no sence..

Hmmm. Hopefully the fun police doesnt buy this company. Casue Im just getting started..
BP4L My Bitches.. Learn It.

hey Theo
is there a way we can talk about cooperation with AVN?

drop me a line at daizzzy + signbucksdaily.com please

Just to point out that Penthouse is very likely a big cause for that loss. They are a 100,000 pound weight that drags down anything that company touches. Print mags died several years ago, yet they keep losing money trying to keep penthouse's printing division going. They sunk Ibill when they attached on to it, and now it is pulling AFF down. Everything they touch turns to shit.

In all seriousness, it will be interesting to see how the FB lawsuit affects them.

wonder if blockbuster follows suit with a new company. lol

If you trust there members profiles, Then you can feel safe buying there stocks:winkwink: