GoFuckYourself.com - Adult Webmaster Forum - View Single Post - AFF Going Out of Business

pamon · 12-28-2008, 01:18 AM

funny... Penthouse was losing $$ left and right and bought iBill and tanked that. Then borrowed a crap load of $$ to buy AFF and now is tanking that.

stat on penthouse per wiki... An April 2002 New York Times article quoted Guccione as saying that Penthouse grossed $3.5 billion to $4 billion over the 30-year life of the company, with a net income of almost half a billion dollars

so guccione leaves the company in 03 and the company runs itself into debt and into forseeable BK.

With the turmoil in the markets and credit markets, there is "NO" way this IPO gets done. Auditors and SOXS auditors would have a field day going through the books.

let AFF burn..

12-28-2008, 01:18 AM
pamon Confirmed User Industry Role: Join Date: Dec 2007 Posts: 3,112	funny... Penthouse was losing $$ left and right and bought iBill and tanked that. Then borrowed a crap load of $$ to buy AFF and now is tanking that. stat on penthouse per wiki... An April 2002 New York Times article quoted Guccione as saying that Penthouse grossed $3.5 billion to $4 billion over the 30-year life of the company, with a net income of almost half a billion dollars so guccione leaves the company in 03 and the company runs itself into debt and into forseeable BK. With the turmoil in the markets and credit markets, there is "NO" way this IPO gets done. Auditors and SOXS auditors would have a field day going through the books. let AFF burn.. __________________ Email: [email protected] TG: Davidamodt US Adult Content & Porn Writer Project/Sites/Tubes/Reviews & More