AFF IPO Trouble - GoFuckYourself.com

ajrocks · 07-05-2011, 06:03 AM

The Securities Law Firm of Menzer & Hill, P.A. Announces Investigation of FriendFinder Network, Inc., Ladenburg Thalman Financial Services and Imperial Capital LLC

The investigation relates to the disclosures made to investors related to the risks involved with investing in the IPO of FriendFinder Network, Inc., (NasdaqGM:FFN - News) including the fact that the company has a debt level of approximately $450 million.

Since its IPO in May 2010, at $10.00 a share, the stock price has plummeted, dropping to approximately $4.00 a share or 60 percent.

Investors who purchased shares in FriendFinder Network, Inc. are urged to explore their legal rights and options. The attorneys at the Securities Law Firm of Menzer & Hill, P.A. are dedicated to pursuing claims on behalf of investors who have suffered investment losses.

http://finance.yahoo.com/news/The-Se....html?x=0&.v=1

DamianJ · 07-05-2011, 06:07 AM

Jman · 07-05-2011, 06:23 AM

Will Manwin step in for a bailout???

iamtam · 07-05-2011, 06:25 AM

they only had to read the previous failed ipos to know how much debt the company had, and how much of that debt is air debt, created to pay off lars and such.

u-Bob · 07-05-2011, 06:29 AM

the question is who didn't see this one coming?

Dwreck · 07-05-2011, 06:37 AM

I don't have a strong financial background can you explain this to me in English

iamtam · 07-05-2011, 06:50 AM

Quote:

Originally Posted by Dwreck

I don't have a strong financial background can you explain this to me in English

to create ffn, they company agreed to pay lars and andrew a certain large sum of money that the company didnt have to start with. so they are in debt, with the debt instruments held by andrew and lars. the idea was they when the company goes ipo, they get paid off and also make some more money on the stock in the new company that they own.

they tries to ipo a few times, the first was big enough to cover all of the debt. the most recent one that actually went through was for a small percentage of the debt. if ffn actually has to pay the debt service for the remaining amounts and pay the actually debt, they will be more than broke. they would appear to have more debt than their entire yearly income.

this comes from a company that has spent years losing money on average for every customer they took on, paying out more to obtain new customers than the total those customers would pay over their lifetime. ffn has continued to rack up losses as a result of their over generous affiliate programs and marketing costs related to obtaining new customers.

porno jew · 07-05-2011, 07:38 AM

see you in costa rica.

Thomas007 · 07-05-2011, 07:39 AM

Interesting read.

seeandsee · 07-05-2011, 07:48 AM

who really expected a share rise with such debt?

TRe$yNFuL · 07-05-2011, 09:20 AM

Damn, feel bad for those investors!

RycEric · 07-05-2011, 10:12 AM

Quote:

Originally Posted by Dwreck

I don't have a strong financial background can you explain this to me in English

It also potentially means investors shorting the stock made out big and perhaps some people want to know if it could've possibly been manipulated. Since this is still adult, I wonder who some of the "playas" were if there was manipulation

Lamis · 07-05-2011, 10:31 AM

This guy above me is full of shit.

you have no fucking idea about financials, TEXAN REPUBLICAN FANATIC. Better go get a clue, ignorant analfabet.

never ever do business with this dude.. never ever.

Internet User · 07-05-2011, 10:37 AM

Quote:

Originally Posted by porno jew

see you in costa rica.

How big is the event? Any idea how many people coming?

07-05-2011, 06:03 AM	#1
ajrocks Confirmed User Join Date: Nov 2004 Location: On Uranus Posts: 4,526	AFF IPO Trouble The Securities Law Firm of Menzer & Hill, P.A. Announces Investigation of FriendFinder Network, Inc., Ladenburg Thalman Financial Services and Imperial Capital LLC The investigation relates to the disclosures made to investors related to the risks involved with investing in the IPO of FriendFinder Network, Inc., (NasdaqGM:FFN - News) including the fact that the company has a debt level of approximately $450 million. Since its IPO in May 2010, at $10.00 a share, the stock price has plummeted, dropping to approximately $4.00 a share or 60 percent. Investors who purchased shares in FriendFinder Network, Inc. are urged to explore their legal rights and options. The attorneys at the Securities Law Firm of Menzer & Hill, P.A. are dedicated to pursuing claims on behalf of investors who have suffered investment losses. http://finance.yahoo.com/news/The-Se....html?x=0&.v=1 __________________ SEO Strategy - Digital Strategy - Cannabis Lead Generation Skype aj.durden1

07-05-2011, 06:23 AM	#3
Jman Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,790	Will Manwin step in for a bailout??? __________________ email: [email protected] Best AI Affiliate Program Niche Dating Program PPS! FantasyXXX.AI Teams: jean.francois.laverdiere TG: @jman1216

07-05-2011, 06:37 AM	#6
Dwreck Confirmed User Join Date: Nov 2002 Location: Toronto Posts: 7,362	I don't have a strong financial background can you explain this to me in English __________________ Derek Dwreck Smout Program Manager Icq 165976549 Skype derekthomassmout

07-05-2011, 07:39 AM	#9
Thomas007 Confirmed User Industry Role: Join Date: Aug 2001 Location: AdultReviews.com - Denmark - ICQ: 6565211 Posts: 920	Interesting read. __________________ Get your paysite reviewed by Adult Reviews Get your paysite reviewed by Porn Reviews

07-05-2011, 07:48 AM	#10
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	who really expected a share rise with such debt? __________________ BUY MY SIG - 50$/Year Contact here

07-05-2011, 06:07 AM	#2
DamianJ Too lazy to set a custom title Industry Role: Join Date: Jul 2006 Location: A magical land Posts: 15,808

07-05-2011, 06:25 AM	#4
iamtam So Fucking Banned Join Date: Feb 2010 Posts: 1,211	they only had to read the previous failed ipos to know how much debt the company had, and how much of that debt is air debt, created to pay off lars and such.

07-05-2011, 06:29 AM	#5
u-Bob there's no $$$ in porn Industry Role: Join Date: Jul 2005 Location: icq: 195./568.-230 (btw: not getting offline msgs) Posts: 33,063	the question is who didn't see this one coming?

07-05-2011, 07:38 AM	#8
porno jew Too lazy to set a custom title Industry Role: Join Date: Nov 2006 Posts: 10,166	see you in costa rica.

07-05-2011, 09:20 AM	#11
TRe$yNFuL Confirmed User Join Date: Aug 2008 Posts: 386	Damn, feel bad for those investors! __________________ Skype: tresynful

07-05-2011, 10:31 AM	#13
Lamis So Fucking Banned Join Date: Sep 2007 Posts: 961	This guy above me is full of shit. you have no fucking idea about financials, TEXAN REPUBLICAN FANATIC. Better go get a clue, ignorant analfabet. never ever do business with this dude.. never ever. Last edited by Lamis; 07-05-2011 at 10:34 AM..