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-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   DRAMA ALERT: Xbiz- Get your story straight (https://gfy.com/showthread.php?t=555174)

JFK 12-21-2005 05:00 PM

Fittyyyyyyyyyy YEAH :thumbsup :thumbsup

Nicky 12-21-2005 05:00 PM

50 stories that need to be straight

TDF 12-21-2005 05:00 PM

51 news reports

selena 12-21-2005 05:00 PM

Quote:

Originally Posted by Rob
Could have been worse...they could have said that you traded it for 2 donkeys and a mule. :thumbsup


:1orglaugh

Nicky 12-21-2005 05:00 PM

Quote:

Originally Posted by JFK
Fittyyyyyyyyyy YEAH :thumbsup :thumbsup

god damn it :mad: :)

PinkElectric 12-21-2005 05:00 PM

Quote:

Originally Posted by Rob

Twins, right?? :winkwink:

Rob 12-21-2005 05:02 PM

Quote:

Originally Posted by PinkElectric
Twins, right?? :winkwink:

Naw, that's my page one drama image going to the highest bidder. :winkwink:

Doctor Dre 12-21-2005 05:03 PM

Last drama with xxxoutsourcing went huge too

dropped9 12-21-2005 05:12 PM

Now thats a fucking idea Rob....

Lensman 12-21-2005 05:19 PM

Quote:

Originally Posted by NichePay - StuartD
XBiz just reports what is posted here... someone posted that it was $12mil... thus, it's a news story!

This was the post:

Original post on GFY:

Quote:

Originally Posted by warlock5
May be I'm late with this news.. but Playboy's recent SEC filings said they paid $12 million for an "online distribution business" which I am told is ICS.

"At the end of the third quarter, we acquired an online distribution business to complement our current online business for consideration of $12.0 million, of which $8.0 million was paid at closing, with an additional $2.0 million payable on each of the first and second anniversaries of the closing. Pursuant to the asset purchase agreement, we are obligated to pay future contingent earnout payments, payable over a five-year period, based primarily on the financial performance of the acquired lines of business."

"In order to create opportunities to promote our websites to a broader audience and enhance our current product offerings, at the end of the current year quarter we acquired an online distribution business with an extensive affiliate network. Pursuant to the asset purchase agreement, we are obligated to pay future contingent earnout payments, payable over a five-year period, based primarily on the financial performance of the acquired lines of business. As contingencies have not been met as of September 30, 2005, these amounts are not recorded. If future payments are made based on contingencies being met, amounts will be recorded as a combination of additional purchase price and compensation expense."

See their SEC filings here: http://finance.yahoo.com/q/sec?s=PLA


Juicy D. Links 12-21-2005 05:22 PM

Yo Lens , how about you and I go on Vacation to Tahiti and celebrate the sale?

deniska 12-21-2005 05:22 PM

XBIZ is a fucking joke... let me go flaunt my xbiz award so everyone can see how cool I'm lol

Juicy D. Links 12-21-2005 05:22 PM

BTW Lens I want to order some stuff from Playboy Store Ill use your ref code bro.

PinkElectric 12-21-2005 05:25 PM

My wife is for sale ...>>> $12 ... anybody??

Juicy D. Links 12-21-2005 05:28 PM

4 more lens till 10k!!!!!!!!!!!!!!!!!!!

PinkElectric 12-21-2005 05:35 PM

Quote:

Originally Posted by Juicy D. Links
4 more lens till 10k!!!!!!!!!!!!!!!!!!!

2 more PinkElectric till 220 and...
29106 more Juicy till 100000 :winkwink:


edit: 29105

Pete-KT 12-21-2005 05:38 PM

am i too late for a sig spot;)

JFK 12-21-2005 05:47 PM

Quote:

Originally Posted by PinkElectric
My wife is for sale ...>>> $12 ... anybody??

will you take 12 liras ?

PinkElectric 12-21-2005 05:48 PM

Quote:

Originally Posted by JFK
will you take 12 liras ?

Cīmon, sheīs just 28 yrs old ... give me 15 liras and you can have her!! :winkwink:

webair 12-21-2005 05:51 PM

Shit even I wouldn't settle for 12 mill!!! go get em lens!!!

12 sheckles perhaps :thumbsup

jaYMan 12-21-2005 05:52 PM

I'm for sale.



If anyone is interested btw.

Oh Lensman, I know someone who wants you to call her. Hint Hint.

PinkElectric 12-21-2005 05:54 PM

Quote:

Originally Posted by jaYMan
I'm for sale.



If anyone is interested btw.

Oh Lensman, I know someone who wants you to call her. Hint Hint.

Lensman isīnt around right now! Can i make that call?? :winkwink:

JD 12-21-2005 05:57 PM

at least it wasn't a thread about GAYVN

Xenophage 12-21-2005 05:58 PM

Xbiz man of the Biz year ! Lensman

RonC 12-21-2005 06:22 PM

Quote:

Originally Posted by Lensman
Just got the new issue where it says Adult.com was bought for 12 Million Bucks. I would not have sold it for just for 12 Million.

You have no idea what the deal was, it is not disclosed. Even the disclosure stated that there was more to it.

I'm not at liberty to disclose the deal, but at least report what the public disclosures report, and not just part of it as the whole deal.


Joe

Do you remember what you were going to sell for during the Firstname days:))
Don't you love it when you make the right choice:) LOL

I can wait to see you at XXXXXXX Party "you know where". Lets email with details


Ron Cadwell
CEO
_____________

CCbill.com
Cavecreek.com
Drmnetworks.com

Ross 12-21-2005 06:30 PM

I love the way Lens said "for JUST 12 million"

Thats pimp.

Manowar 12-21-2005 06:30 PM

The drama llama is alerted

Webby 12-21-2005 06:37 PM

Quote:

Originally Posted by LegendaryLars
Xbiz man of the Biz year ! Lensman

:1orglaugh :1orglaugh :1orglaugh

Would be kinda ironic!

Vitasoy 12-21-2005 06:50 PM

and I was about to head to bed... :upsidedow

Kevsh 12-21-2005 06:53 PM

The Keyword Density report for the original post:

disclosure - 27.5%

Shoehorn! 12-21-2005 06:57 PM

Quote:

Originally Posted by Rob
http://www.acidflyers.com/tv/chew_old.gif
^^ That's a first page drama image called "chew_old.gif" and is hosted on my webserver. I can change it to whatever image you want me to change it to. :winkwink:

A nice big image promoting your service would be nice in this to-be monstrous thread. Who needs sigs! :pimp

:1orglaugh

boneprone 12-21-2005 07:00 PM

Quote:

Originally Posted by RonC
Joe

Do you remember what you were going to sell for during the Firstname days:))
Don't you love it when you make the right choice:) LOL

I can wait to see you at XXXXXXX Party "you know where". Lets email with details


Ron Cadwell
CEO
_____________

CCbill.com
Cavecreek.com
Drmnetworks.com



The XXXXXXXXXX Party??
Hmm. Im just filling in the blanks here. But that wouldnt happen to be the "ANALHOBBIT PARTY" would it?

Damn. Where's my invite!!

Congrats again to Lensman.

See you all in Vegas.

phonesex 12-21-2005 07:28 PM

OK the truth. You sold if for 12,000,000.01

SetTheWorldonFire 12-21-2005 07:39 PM

like whoa! :pimp

FlogTheLog 12-21-2005 07:40 PM

i sell some drama

Spunky 12-21-2005 07:44 PM

Whoa..12 big ones is still a good chunk of change

BradShaw 12-21-2005 07:44 PM

It may work out well for you though if the IRS reads Xbiz.

JFK 12-21-2005 07:47 PM

Quote:

Originally Posted by RonC
Joe

Do you remember what you were going to sell for during the Firstname days:))
Don't you love it when you make the right choice:) LOL

I can wait to see you at XXXXXXX Party "you know where". Lets email with details


Ron Cadwell
CEO
_____________

CCbill.com
Cavecreek.com
Drmnetworks.com


Just dont forget to CC me :Graucho

riddler 12-21-2005 07:56 PM

So what award will Lens get since hes calling em out on some fake news, Occash busts em down and gets a best sponsor award/nomination so i wonder what lens will get..

xbiz - the industry leader in misleading board gossip!

SmokeyTheBear 12-21-2005 07:58 PM

well after falsely outing occash as pedo porn producers , i haven't given them much credibility.. They don't seem to investigate their "news" very well.. its to bad because i like xbiz. :(

sickbeatz 12-21-2005 07:58 PM

who wrote the article?

mikeyddddd 12-21-2005 10:00 PM

http://www.eazytraffic.com/gfy/images/scoop.gif

Platinum Dave 12-21-2005 10:04 PM

Don't worry Lens, many people know it's not just 12 MIL

that's only the cash part. Sure you got shares also worth I'd say at least 5 MIL more.

Platinum Dave 12-21-2005 10:04 PM

Don't worry Lens, many people know it's not just 12 MIL

that's only the cash part. Sure you got shares also worth I'd say at least 5 MIL more.

mikeyddddd 12-21-2005 10:07 PM

S-S-S-S-stutterer

AsianDivaGirlsWebDude 12-21-2005 10:08 PM

Two thoughts occured to me while reading this thread...

Shit...Johnny Damon makes more that $12 million a year, and all he does is hit a baseball.

What!!!...More than $12 million and still no GFY party in Vegas?!?

I know - you're saving your dough to buy X-Biz. :1orglaugh

ADG Webmaster

Biggy2 12-21-2005 11:02 PM

From: http://yahoo.brand.edgar-online.com/...05-005239&nad=

"At the end of the third quarter, we acquired an online distribution business to complement our current online business for consideration of $12.0 million, of which $8.0 million was paid at closing, with an additional $2.0 million payable on each of the first and second anniversaries of the closing. Pursuant to the asset purchase agreement, we are obligated to pay future contingent earnout payments, payable over a five-year period, based primarily on the financial performance of the acquired lines of business."

Biggy2 12-21-2005 11:11 PM

So the xBiz article was pretty accurate, the rest of the deal seems to include payments that are contingent based upon earnings goals being met. 8 million cash on the deal closing, 2 mill in a year, 2 mill 2 years after. You can't include money thats not guaranteed. Can't blame them for writing the article the way they did...

pornstar2pac 12-21-2005 11:16 PM

playboy is a public company, so shouldn't playboy's post how much they paid for it?

Biggy2 12-21-2005 11:18 PM

Quote:

Originally Posted by pornstar2pac
playboy is a public company, so shouldn't playboy's post how much they paid for it?

http://yahoo.brand.edgar-online.com/...05-005239&nad=

the link above is the public disclosure. technically speak, present day value is less than 12 million when you factor in the time value of money since 4 million is deferred.

Either way, you gotta give props to a smart businessman who implemented a great exit strategy. Most people in his shoes, it would be extraordinarily difficult to find a buyer to cash out, and he did. He also still gets to maintain control and the opportunity exists for him to make even more money.


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