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Actually, I can address both Don and Xpays questions. While I can't go into explicit details about the deal with Stiletto, it was for a five percent stake in the company, and a good deal.
I do agree that many print magazines are not a good investment. AEC has to look carefully at a business before proceeding.
Stiletto is a strip club publication, covering the southwest. The magazine has been in business for about two years. The owner is looking to expand and cover some new markets. There are also several business opportunites Stiletto has to offer that are outside of the publishing business.
The real point of the deal is it allows AEC to diversify the portfolio, have new opportunities, and most importantly to help a company with a good business plan grow, and realize its potential.
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Publicist and owner of HighOctaneHeart.com, FetishArtist.net and FetishForLife.com
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