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-   -   TrafficDude Bankruptcy? (https://gfy.com/showthread.php?t=904794)

mvee 05-13-2009 10:53 AM

Another causality of the economy or porn market contraction?

Either way good luck Scott.

BSleazy 05-13-2009 03:29 PM

I thought they were going strong with their new partnerships and everything earlier this year.

Due 05-13-2009 04:01 PM

Quote:

Originally Posted by ravo (Post 15844306)
Wow, this is big news! :(

But, maybe I don't understand the backruptcy process, but how does a personal bankruptcy affect the business? Unless, of course, it wasn't incorporated... (which doesn't sound like a smart thing).

If you have personal debt your creditors can force you to liquidate anything of value to pay your debt, that can include shares in a company.

A corporation protect the owner against bad debt but it doesn't protect the company from the owner :2 cents:

After Shock Media 05-13-2009 04:16 PM

Quote:

Originally Posted by SBR Richard (Post 15845037)
a lawyer using a gmail account?

Why would that be strange? It is just a damn email address. Was not that long ago that I had to deal with a "professional" that had an AOL address, then again I have dealt with many people who had hotmail and all sorts of other email addresses.

BoobleBob 05-13-2009 08:31 PM

Thats too bad. We have always had good dealings with Scott and crew, he is good person. Best wishes to all of them...

Major (Tom) 05-13-2009 10:18 PM

They sent out an email to their users that didnt sound too promising about 2 months ago. I just pulled my shit there and then. Sucked because they were good.
Duke

LeslieSharp 05-13-2009 11:12 PM

I am so sorry to read this post. Love Scott, Tony and the entire crew over there.

Best of luck with future endeavors and stay in touch.

Leslie


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