Friend Finder FFN Stock @ $2.52 - all time low

[will76]

Down 7.5% today while the rest of the market was up pretty good. I wonder what happened to cause the sharp drop. Penny stock, almost here!!!

[bushwacker]

Blue Horsehoe loves ffn!!

[Goldmaniacs]

should i continue to promote them or is it too risky?

[Atticus]

Guess investors weren't to impressed with their new Asian daily deals site purchase.

Over/Under 2 years before they have to start (forced to) selling off assets?

[will76]

Originally Posted by Atticus

Guess investors weren't to impressed with their new Asian daily deals site purchase.

Over/Under 2 years before they have to start (forced to) selling off assets?

Yeah I saw that. wtf... Why would they buy a daily deal site in japan or china or where it was, that doesn't go along with what they focus on at all.


The tidal wave that is still looming that will wipe them out is the facebook lawsuit. I can't find anything about it being posted by wallstreet, so likely it wont be acknowledged till it is sorted out and they start the court proceedings or settle. Either way that will crush the stock when it breaks and if FFN throws their affiliates under the bus which I think they will, then they will likely lose a lot of sales and revenue.

Originally Posted by Goldmaniacs

should i continue to promote them or is it too risky?

if you have to ask that question now, then continue on, you will be fine! Marc Bell did great with ibill when he took it over, I am sure the prosperous penthouse crew will run AFF top notch!!!! LMAO.

[Dubya]

ships sinking

[SomeCreep]

Even @ $2.52/share, FFN's market cap of $75M is still way too big. The way they bleed money, I think their market cap is more fairly valued around $30M, and even that may be to high. The stock should bottom out around $1/share (assuming they don't go bankrupt of course).

[will76]

Ok fess up, who here bought some of the stock???

[DBS.US]

Originally Posted by will76

Ok fess up, who here bought some of the stock???

I bet the same guys trying to buy .xxx domains

[BruceM]

Originally Posted by will76

Ok fess up, who here bought some of the stock???

I heard xxxjay bought $100,000 worth

[will76]

Originally Posted by BruceM

I heard xxxjay bought $100,000 worth

you mean $25,000 worth

[Goldmaniacs]

You seem to have a bone to pick with AFF. Have they treated you unfairly as an affiliate?

[will76]

Originally Posted by Goldmaniacs

You seem to have a bone to pick with AFF. Have they treated you unfairly as an affiliate?

Considering AFF is a piece of shit dirty company that used spyware to get traffic and also was one of the first and biggest companies to fund warez sites and illegal tube sites by buying ads from them PLUS the fact that the penthouse crew is the same fucking morons that were in charge of ibill when they ran it into the ground causing me to lose tens of thousands of dollars... what would make you think I don't like Friend Finder Network?


ps, i never promoted AFF ever. Thankfully. because a lot of their biggest affiliates are getting sued by facebook for promoting AFF's FaceBookofPorn site.

[DBS.US]

Originally Posted by Goldmaniacs

You seem to have a bone to pick with AFF. Have they treated you unfairly as an affiliate?

http://www.ripoffreport.com/Search/A...nd-Finder.aspx

They make us all look bad = less $$$ for me and you

[boneprone]

Why you so angry?
Just curious...
Are you Black?

[boneprone]

Originally Posted by will76

Ok fess up, who here bought some of the stock???

And I have a limit set for tomorrow to buy more if it dips.. But the after hours trading shot it back up so doesnt look like it's happening.

[boneprone]

Originally Posted by Goldmaniacs

should i continue to promote them or is it too risky?

I dont know. You tell me.. She looks pretty Risky.




And the reason why the stock keeps dropping is becasue they keep flying me around on the private Jet.
Do you have any idea how much this shit costs!!




Yeah. Too risky. Stay on the sidelines and let me take all the risk.
BP4L

[boneprone]

Originally Posted by Goldmaniacs

You seem to have a bone to pick with AFF. Have they treated you unfairly as an affiliate?

You said "bone" lol...
I think you mean bone-prone......

And it does look like this bone has something to pick with aff as an affiliate...



Yes. Unfair..
Unfair for you.

I win. All your Penthouse Pets Blong to us. BP4L

[will76]

Originally Posted by boneprone

And I have a limit set for tomorrow to buy more if it dips.. But the after hours trading shot it back up so doesnt look like it's happening.

LOL it closed today down again 4% at $2.42 .... so much for those after hours gains.

[FeelMyTube]

are they making any money?

[InfoGuy]

Originally Posted by boneprone

And I have a limit set for tomorrow to buy more if it dips.. But the after hours trading shot it back up so doesnt look like it's happening.

You got filled.

[WarChild]

What's a share in Will76 enterprises worth? I'm guessing substantially less on a much lower market cap.

[boneprone]

Originally Posted by InfoGuy

You got filled.

Not totally. I had a limit set at 2.38 and it only got a partial fill.
Shit. Almost had it.


Ahhh correction! IT did get filled. Before the bell it took another dip and hit 2.37. So I did get filled.

[will76]

Originally Posted by WarChild

What's a share in Will76 enterprises worth? I'm guessing substantially less on a much lower market cap.

probably $.0001

[will76]

Originally Posted by boneprone

Not totally. I had a limit set at 2.38 and it only got a partial fill.
Shit. Almost had it.


Ahhh correction! IT did get filled. Before the bell it took another dip and hit 2.37. So I did get filled.

You keep saying "i got filled" ..... thinking about the situation on hand and how I think you getting screwed i keep invisioning a creampie in your ass. You do know you going to get fucked hard when they go bankrupt and get delisted. Hope you joking about buying stock all this time.

[boneprone]

Well it looks like there will be an NBA lockout so I cant exactly bet/invest on my beloved Blazers anymore. So I went ahead and invested/bet on FFN at what I hope to be a low buyin. I think we will have some nice ups and downs and plenty of oppertunity to make some money with it.

[ShellyCrash]

Originally Posted by will76

The tidal wave that is still looming that will wipe them out is the facebook lawsuit. I can't find anything about it being posted by wallstreet, so likely it wont be acknowledged till it is sorted out and they start the court proceedings or settle. Either way that will crush the stock when it breaks and if FFN throws their affiliates under the bus which I think they will, then they will likely lose a lot of sales and revenue.

Maybe someone else can confirm or deny but I heard they settled.

http://facebookofsex.com/go/page/deactivated_site

Some legal battles aren't worth the press, esp when you're public.

[will76]

Originally Posted by ShellyCrash

Maybe someone else can confirm or deny but I heard they settled.

http://facebookofsex.com/go/page/deactivated_site

Some legal battles aren't worth the press, esp when you're public.

no they didn't settle. After facebook sued them they took the site down but they are still getting sued.

The thing is when you are a public company, everything is news. If they would have settled you would have heard about it because they are a public company. facebook is going to crush them one way or another. Facebook is also sueing their top 100 biggest affiliates who were also promoting the facebookofsex site. Shit still hasn't hit the fan yet.

[will76]

Originally Posted by ShellyCrash

Maybe someone else can confirm or deny but I heard they settled.

http://facebookofsex.com/go/page/deactivated_site

Some legal battles aren't worth the press, esp when you're public.

They did just settle this lawsuit though...


SUNNYVALE, Calif., July 7, 2011 /PRNewswire/ -- FriendFinder Networks Inc. ("FFN") (NasdaqGM: FFN) announced today that it has reached an agreement to settle its previously disclosed litigation with Broadstream Capital Partners, Inc. ("Broadstream"). The agreement governing the settlement provides that FFN is obligated to pay Broadstream a total of $15.0 million, in three installments of $8.0 million, $5.0 million and $2.0 million, which are due on July 13, 2011, September 29, 2011 and January 2, 2012, respectively.

As a result of the settlement, FFN is able to put the Broadstream matter to rest, eliminate the potential impact of this litigation on its business and more fully focus on business growth now that this matter is resolved.

"We are pleased to have settled this matter at the low end of our potential exposure. Now that we have removed the uncertain impact of this litigation we look forward to continuing with our plans for acquisitions and organic growth," stated Marc Bell, Chief Executive Officer of FFN.

http://www.prnewswire.com/news-relea...125131284.html

Anyone else know more about Broadstream Capital partners?
Broadstream Capital Partners, LLC, is a Los Angeles based merchant bank formed in mid 2001. We are focused on making investments in, and providing advisory services to, companies in the underserved lower middle market.

[will76]

Originally Posted by boneprone

And I have a limit set for tomorrow to buy more if it dips.. But the after hours trading shot it back up so doesnt look like it's happening.

So how much do you own now? It dropped below $2 this morning, currently at $2.13

[lazycash]

Originally Posted by will76

So how much do you own now? It dropped below $2 this morning, currently at $2.13

I'll be below $2 for good sometime next week. I think Boneprone is more worried about the 60k he put into BAC at $7/share.

[boneprone]

yeah. my stocks are fucked right now all across the board. i bought some more ffn yesterday and some safeway today at 16.15

Im thinking the market hasn't hit bottom yet but still buying. Its the kind of guy I am.
All stocks getting hit hard right now. May be a bad time to buy but I'm still buying. This may be the end of me people.

Come say goodbye!

[fris]

[insert jim cramer sound board]

[BAKO]

FFN is the greatest company in the world. Nothing is going to faze them.

[will76]

Originally Posted by boneprone

yeah. my stocks are fucked right now all across the board. i bought some more ffn yesterday and some safeway today at 16.15

Im thinking the market hasn't hit bottom yet but still buying. Its the kind of guy I am.
All stocks getting hit hard right now. May be a bad time to buy but I'm still buying. This may be the end of me people.

Come say goodbye!

All stocks taking a beating, today but not many have dropped over 80% in value over the last 6 months. And most stocks will go back up, except FFN

[lazycash]

Originally Posted by boneprone

yeah. my stocks are fucked right now all across the board. i bought some more ffn yesterday and some safeway today at 16.15

Im thinking the market hasn't hit bottom yet but still buying. Its the kind of guy I am.
All stocks getting hit hard right now. May be a bad time to buy but I'm still buying. This may be the end of me people.

Come say goodbye!

I think its a good time to buy, and BofA and Safeway are good buys at their current levels imo. However, I'm having a hard time believing you bought some FFN even though I know you have an allegiance to them.

[Coup]

[mountainmiester]

Isn't pretty much every stock at an all time low?

[will76]

Originally Posted by mountainmiester

Isn't pretty much every stock at an all time low?

no. you idiots can point to the stock market and say " but look all stocks are down" all you want. Fact of the matter is FFN went IPO about 6 months ago and is down 80%. While other stocks might be down for the year, not many have dropped 80% over the last few months. just face it FFN sucks

[will76]

Oh look a picture from wallstreet, a group of guys trading FFN stock.

[Sasha18]

$ 1.90- all time low

[will76]

Originally Posted by Sasha18

$ 1.90- all time low

till tomorrow

[ilnjscb]

Originally Posted by will76

They did just settle this lawsuit though...


SUNNYVALE, Calif., July 7, 2011 /PRNewswire/ -- FriendFinder Networks Inc. ("FFN") (NasdaqGM: FFN) announced today that it has reached an agreement to settle its previously disclosed litigation with Broadstream Capital Partners, Inc. ("Broadstream"). The agreement governing the settlement provides that FFN is obligated to pay Broadstream a total of $15.0 million, in three installments of $8.0 million, $5.0 million and $2.0 million, which are due on July 13, 2011, September 29, 2011 and January 2, 2012, respectively.

As a result of the settlement, FFN is able to put the Broadstream matter to rest, eliminate the potential impact of this litigation on its business and more fully focus on business growth now that this matter is resolved.

"We are pleased to have settled this matter at the low end of our potential exposure. Now that we have removed the uncertain impact of this litigation we look forward to continuing with our plans for acquisitions and organic growth," stated Marc Bell, Chief Executive Officer of FFN.

http://www.prnewswire.com/news-relea...125131284.html

Anyone else know more about Broadstream Capital partners?
Broadstream Capital Partners, LLC, is a Los Angeles based merchant bank formed in mid 2001. We are focused on making investments in, and providing advisory services to, companies in the underserved lower middle market.

That will eat up over half of their 28m cash

[will76]

Originally Posted by ilnjscb

That will eat up over half of their 28m cash

Wait till FB gets finished with them, not to mention the other lawsuits they have against them.

[will76]

Bone, how much stock you own now? It closed at $1.90 today.

[L-Pink]

Originally Posted by will76

Bone, how much stock you own now? It closed at $1.90 today.

And twice it's hit 1.87, looking for 1.5, and under 1. by end of Oct.

.

[will76]

Originally Posted by Jesus H Christ

I wonder if some of their affiliates took stock options instead of re-bills? If so, I wonder if it was A or B?

I never heard of that being offered but I am pretty sure some of their big time supporters here who have been promoting them for years went out and bought stock early on. If you look back at some of the old threads back when it was over $5 a share you could see some people saying they were buying as much as they can. FFN ( Penthouse / AFF) the company that is like a bad std, a gift that never stops giving. Everything they touch turns to shit and everyone who does business with them get screwed.

Even Sean is getting sued these days...

[InfoGuy]

I may be wrong, but IMO rule 144 stock options can only be issued to company employees or board members. As independent contractors, affiliates wouldn't be eligible.

[ShellyCrash]

Maybe they will sell the company to Specific Media.

http://techcrunch.com/2011/09/30/face-uh-myspace/

[will76]

New all time low today, closed at $1.84