FriendFinder Says It's Facing Delisting on Nasdaq

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  • Roald
    SecretFriends.com
    • May 2001
    • 27910
    #1

    FriendFinder Says It's Facing Delisting on Nasdaq

    Nasdaq warned FriendFinder that the value of its publicly traded shares dipped below $15 million for 30 days and its stock price fell below $1 for 30 days, both grounds for delisting.
    FriendFinder traded Friday on the Nasdaq at 23 cents a share.
    http://www.xbiz.com/news/143242

    Whoopsy


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    Tags: None
    • k0nr4d
      Confirmed User
      • Aug 2006
      • 9231
      #2
      What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.
      Mechanical Bunny Media
      Mechbunny Tube Script | Mechbunny Webcam Aggregator Script | Custom Web Development

        Comment

        • AdultKing
          Raise Your Weapon
          • Jun 2003
          • 15601
          #3
          Spectacular IPO fail right there.

            Comment

            • PSD
              PornSiteDomains.com
              • Oct 2002
              • 1265
              #4
              Originally posted by k0nr4d
              What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.
              If they are given the opportunity by the exchange to come into compliance and do so it may be relisted but more likely it will be relisted in a smaller exchange or the pink sheets with the rest of the penny stocks. Often companies will do a reverse stock split in order to boost their share price to get back into compliance.
              Last edited by PSD; 01-13-2012, 10:08 PM.
              PornSiteDomains.com

                Comment

                • Roald
                  SecretFriends.com
                  • May 2001
                  • 27910
                  #5
                  Originally posted by k0nr4d
                  What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.
                  http://www.thestreet.com/story/10358...-delisted.html


                  WE ARE BUYING PAY SITES! CONTACT ME


                  ClubSweethearts | ManUpFilms | SinfulXXX | HOT * AdultPrime * HOT


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                    Comment

                    • TwinCities
                      Confirmed User
                      • Oct 2003
                      • 492
                      #6
                      They'll simply do a reverse split to have a higher share price to get them by for some period of time.

                        Comment

                        • candyflip
                          Carpe Visio
                          • Jul 2002
                          • 43069
                          #7
                          Karma comes calling.

                          Spend you some brain.
                          Email Me

                            Comment

                            • cherrylula
                              lol
                              • Jan 2002
                              • 15969
                              #8
                              amazing all around

                                Comment

                                • Fletch XXX
                                  GFY HALL OF FAME DAMMIT!!!
                                  • Jan 2002
                                  • 60840
                                  #9
                                  to anyone who has watched porn companies in california do the "we are porn but lets cover it with mainstream and go public" always ends up something like this.

                                  i had stock in an early company that did this

                                  Want an Android App for your tube, membership, or free site?

                                  Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

                                    Comment

                                    • Paul Markham
                                      Too old to care
                                      • Jun 2001
                                      • 52942
                                      #10
                                      I remember when everyone was bleating this is the biggest company in porn. Just like they bleat the same thing today about













                                      Originally posted by Fletch XXX
                                      to anyone who has watched porn companies in california do the "we are porn but lets cover it with mainstream and go public" always ends up something like this.

                                      i had stock in an early company that did this
                                      Like Hustler, Playboy and other crap little porn companies. Spot on Fletch.
                                      Last edited by Paul Markham; 01-14-2012, 06:31 AM.



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                                        Comment

                                        • DWB
                                          Registered User
                                          • Jul 2003
                                          • 31779
                                          #11
                                          Every dog has its day.

                                            Comment

                                            • stocktrader23
                                              Let's do some business.
                                              • Jan 2003
                                              • 18781
                                              #12
                                              Originally posted by Paul Markham
                                              I remember when everyone was bleating this is the biggest company in porn. Just like they bleat the same thing today about

                                              Like Hustler, Playboy and other crap little porn companies. Spot on Fletch.
                                              First of all, their listing on the NASDAQ has fuck all to do with how big they are or how much revenue they generate.

                                              Second, Hustler and Playboy are both fucked financially. Not good examples of "going mainstream and succeeding".

                                              Edit: spot on you old codger.


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                                              "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                                Comment

                                                • V_RocKs
                                                  Damn Right I Kiss Ass!
                                                  • Nov 2003
                                                  • 32447
                                                  #13
                                                  It was a novel idea.

                                                    Comment

                                                    • stocktrader23
                                                      Let's do some business.
                                                      • Jan 2003
                                                      • 18781
                                                      #14
                                                      Originally posted by Jesus H Christ
                                                      Of course it is. FFN is also facing, not one, not two, but three Class Action lawsuits. What gets me, some people in this forum think they are players in this biz when they knew FFN was all smoke and mirrors with their fake profiles etc. Almost like inside trading information and how could they NOT hedge against the stock? It's like free money.
                                                      They paid for ads with every shady company in existence right in front of everyones face. Lars pumped up that shit so hardcore on GFY it was like watching a magic show. Perfect summarization of this industry.


                                                      Hands Free Adult - Join Once, Earn For Life

                                                      "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                                        Comment

                                                        • DBS.US
                                                          Geo Cities
                                                          • Aug 2003
                                                          • 11843
                                                          #15
                                                          Originally posted by Jesus H Christ
                                                          Of course it is. FFN is also facing, not one, not two, but three Class Action lawsuits. What gets me, some people in this forum think they are players in this biz when they knew FFN was all smoke and mirrors with their fake profiles etc. Almost like inside trading information and how could they NOT hedge against the stock? It's like free money.

                                                          The face of AFF fake profiles
                                                          Have an unused domain? Make a Free Chaturbate White Label site and be making money tonight

                                                            Comment

                                                            • gabe100
                                                              Confirmed User
                                                              • Dec 2002
                                                              • 459
                                                              #16
                                                              Originally posted by stocktrader23
                                                              They paid for ads with every shady company in existence right in front of everyones face. Lars pumped up that shit so hardcore on GFY it was like watching a magic show. Perfect summarization of this industry.
                                                              Your summarization was perfect too.

                                                                Comment

                                                                • Paul Markham
                                                                  Too old to care
                                                                  • Jun 2001
                                                                  • 52942
                                                                  #17
                                                                  Originally posted by stocktrader23
                                                                  First of all, their listing on the NASDAQ has fuck all to do with how big they are or how much revenue they generate.

                                                                  Second, Hustler and Playboy are both fucked financially. Not good examples of "going mainstream and succeeding".

                                                                  Edit: spot on you old codger.
                                                                  Sometimes you're very funny. Very funny.

                                                                  Originally posted by stocktrader23
                                                                  They paid for ads with every shady company in existence right in front of everyones face. Lars pumped up that shit so hardcore on GFY it was like watching a magic show. Perfect summarization of this industry.
                                                                  And loads of people praised them.

                                                                  Originally posted by Jesus H Christ
                                                                  Of course it is. FFN is also facing, not one, not two, but three Class Action lawsuits. What gets me, some people in this forum think they are players in this biz when they knew FFN was all smoke and mirrors with their fake profiles etc. Almost like inside trading information and how could they NOT hedge against the stock? It's like free money.
                                                                  The class actions might be a warning to many. Once this one goes through and the lawyers win. Then the next fake dating site is put in the cross hairs. These companies are sitting ducks. Get a couple of dozen of pissed off members, fake profiles, fake emails, fake geo targeting screen grabs. Play the victim up as a trusting single person who thought it was all genuine. Then goes for damages. Both financial and emotional damages here to be counted.

                                                                  Maybe Wall Street was wise to more than ST thinks.



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                                                                    • porno jew
                                                                      Too lazy to set a custom title
                                                                      • Nov 2006
                                                                      • 10166
                                                                      #18
                                                                      Originally posted by Paul Markham

                                                                      The class actions might be a warning to many. Once this one goes through and the lawyers win. Then the next fake dating site is put in the cross hairs. These companies are sitting ducks. Get a couple of dozen of pissed off members, fake profiles, fake emails, fake geo targeting screen grabs. Play the victim up as a trusting single person who thought it was all genuine. Then goes for damages. Both financial and emotional damages here to be counted.
                                                                      lawsuits have already happened. obviously the ftc knows and don't give a fuck about dating sites.

                                                                      they have their hands full with payday loans, get rich, money making scams and dangerous and fraudulent diet product claims right now. raven riley on a dating site i'm sure is low on their priorities.

                                                                        Comment

                                                                        • Socks
                                                                          Confirmed User
                                                                          • May 2002
                                                                          • 8475
                                                                          #19
                                                                          Originally posted by k0nr4d
                                                                          What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.
                                                                          You wait until you get a letter that says they've changed names and are using what money they have left to "invest" with (ie: keep a few board members in a salaried job). Then you sell them for next to nothing in a year where it benefits you to write off the capital losses.

                                                                            Comment

                                                                            • L-Pink
                                                                              working on my tan
                                                                              • Mar 2005
                                                                              • 39151
                                                                              #20
                                                                              Profiles are a dating sites "inventory" ... Depending on fake inventory to boost the value of a company being publicly traded will not end well.

                                                                              .

                                                                                Comment

                                                                                • porno jew
                                                                                  Too lazy to set a custom title
                                                                                  • Nov 2006
                                                                                  • 10166
                                                                                  #21
                                                                                  most dating sites have it in their tos that profiles may be fake anyway.

                                                                                  aff has had disclaimers on their banners for like 5 years now.

                                                                                    Comment

                                                                                    • SleazyDream
                                                                                      I'm here for SPORT
                                                                                      • Jul 2001
                                                                                      • 41470
                                                                                      #22
                                                                                      the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

                                                                                      Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

                                                                                      I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

                                                                                      but haters will hate....
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                                                                                        Comment

                                                                                        • L-Pink
                                                                                          working on my tan
                                                                                          • Mar 2005
                                                                                          • 39151
                                                                                          #23
                                                                                          Originally posted by SleazyDream
                                                                                          the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

                                                                                          Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

                                                                                          I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

                                                                                          but haters will hate....
                                                                                          Some of their sites like "alt" are saturated with fake profiles.

                                                                                          .

                                                                                            Comment

                                                                                            • cherrylula
                                                                                              lol
                                                                                              • Jan 2002
                                                                                              • 15969
                                                                                              #24
                                                                                              Originally posted by DBS.US

                                                                                              The face of AFF fake profiles


                                                                                              how hot maybe someone had a threesome with both.... lol

                                                                                                Comment

                                                                                                • Roald
                                                                                                  SecretFriends.com
                                                                                                  • May 2001
                                                                                                  • 27910
                                                                                                  #25
                                                                                                  Originally posted by SleazyDream
                                                                                                  the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

                                                                                                  Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

                                                                                                  I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

                                                                                                  but haters will hate....
                                                                                                  sorry but


                                                                                                  WE ARE BUYING PAY SITES! CONTACT ME


                                                                                                  ClubSweethearts | ManUpFilms | SinfulXXX | HOT * AdultPrime * HOT


                                                                                                  Paying webmasters since 1996! Contact: r.riepen @ sansylgroup.com | telegram: roaldr

                                                                                                    Comment

                                                                                                    • Shap
                                                                                                      Confirmed User
                                                                                                      • May 2001
                                                                                                      • 8313
                                                                                                      #26
                                                                                                      The stock is actually at $0.86.

                                                                                                      http://www.google.com/finance?q=NASDAQ:FFN

                                                                                                        Comment

                                                                                                        • porno jew
                                                                                                          Too lazy to set a custom title
                                                                                                          • Nov 2006
                                                                                                          • 10166
                                                                                                          #27
                                                                                                          read any consumer reviews of the aff sites. they have a different take than the brogasm which made this thread suddenly sticky.

                                                                                                            Comment

                                                                                                            • cherrylula
                                                                                                              lol
                                                                                                              • Jan 2002
                                                                                                              • 15969
                                                                                                              #28
                                                                                                              I would have sent them more traffic if they didn't make you meet the minimum payout on every site. I always thought that was somewhat shady. But their checks always good.

                                                                                                                Comment

                                                                                                                • DamageX
                                                                                                                  Marketing & Strategy
                                                                                                                  • Jun 2001
                                                                                                                  • 14293
                                                                                                                  #29
                                                                                                                  Congrats to the winners!
                                                                                                                  Whitehat is for chumps

                                                                                                                  If you don't do it, somebody else will - true story!

                                                                                                                    Comment

                                                                                                                    • Paul Markham
                                                                                                                      Too old to care
                                                                                                                      • Jun 2001
                                                                                                                      • 52942
                                                                                                                      #30
                                                                                                                      Originally posted by Jesus H Christ
                                                                                                                      It was a setup from day one and WT does not care. You just can't file an IPO without your financials being sound and certified. It's over for FFN as this was a massive stock/money grab. The Lawyers will go over the financial submitted and then go after the accountant who "certified" the auditing to get the IPO, who'll then roll and say FFN lied on their financials. The lawyers will then try to recover what they can as they toss the bad financials to the SEC on the way out.

                                                                                                                      Anyway, we all knew AFF needed money, knew they'd never be what they were, knew profiles we fake, as they made a last ditch effort to grab what they could as that ship sank. Again, how could you NOT hedge against their stock, as I'd bet they also did by proxy?
                                                                                                                      Sorry I thought you were talking about a class action on the dating scams. Is there another one?

                                                                                                                      Originally posted by SleazyDream
                                                                                                                      the only fake profiles on AFF are ones created by users pretending to be someone they arn't. This is almost impossible to stop, but it's a small percentage of the total. I'd honestly say less then 2 or 3%. thinking about that from a user perspective, it's meaningless. I use AFF as a swinger, and the vast majority of profiles in the swinging community are in fact real. I'm not saying some creep doesnt' make a fake profile of a girl sometimes cause they get off on it, it happens, but from my usage of the site, it's pretty much all legit.

                                                                                                                      Bottom line - using AFF as a swinging couple, you WILL meet people and you will get laid. If a fat bastard like me can hook up with hundreds of hot wives in couples though it, anyone can. It works, better then any other site out there.

                                                                                                                      I pray they can sort out this paperwork issue, but I'm of the feeling they're fighting in a world that has a lot of prejudice against them because of the adult connections to the business. Fact is, AFF pays, and better then most other things out there, still, after 15 years.

                                                                                                                      but haters will hate....
                                                                                                                      Now it's the rogue submitters.



                                                                                                                      Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
                                                                                                                      PM me for a deal. Skype Paulmarkham70

                                                                                                                        Comment

                                                                                                                        • SomeCreep
                                                                                                                          :glugglug
                                                                                                                          • Mar 2003
                                                                                                                          • 26118
                                                                                                                          #31
                                                                                                                          AFF just seems like a poorly run company. Their debt is burying them alive. Ive always liked Lars though. I hope he got out on top.

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                                                                                                                            Comment

                                                                                                                            • Half man, Half Amazing
                                                                                                                              Confirmed User
                                                                                                                              • Feb 2008
                                                                                                                              • 372
                                                                                                                              #32
                                                                                                                              Couldn't happen to a more deserving bunch of guys. Anyone remember when Marc Bell was Xbiz Man of the Year? Just try and remember the people involved in this clusterfuck because once they've cashed out leaving some poor schmuck holding the bag, they'll be back to tout some new venture and how it was all someone else's fault.
                                                                                                                              Is this gonna get ugly, now? Huh? I hope not. Because I thought what we were here, racial differences notwithstanding, was just a couple of old friends. You know, just both of us Californians.

                                                                                                                                Comment

                                                                                                                                • GonZo
                                                                                                                                  Confirmed User
                                                                                                                                  • Jul 2002
                                                                                                                                  • 3180
                                                                                                                                  #33
                                                                                                                                  Originally posted by Paul Markham
                                                                                                                                  Now it's the rogue submitters.
                                                                                                                                  LARS WAS FORCED ! ! !
                                                                                                                                  Assclown Bob Rice wants to BANG your credit card!
                                                                                                                                  "I am putting the bastards of this world on notice; greed and corruption will always be met with "a voice made of ink and rage."
                                                                                                                                  All the information above is my personal opinion.

                                                                                                                                    Comment

                                                                                                                                    • bean-aid
                                                                                                                                      So Fucking Banned
                                                                                                                                      • Jun 2011
                                                                                                                                      • 16493
                                                                                                                                      #34
                                                                                                                                      Originally posted by k0nr4d
                                                                                                                                      What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.
                                                                                                                                      It means that your shares will soon evaporate to about .0001 cents.

                                                                                                                                      Happened to me twice now.

                                                                                                                                        Comment

                                                                                                                                        • BAKO
                                                                                                                                          https://traffichaus.com/
                                                                                                                                          • Jul 2005
                                                                                                                                          • 18478
                                                                                                                                          #35
                                                                                                                                          No matter what happens AFF will stay strong. U guys really don't know how strong that company is. Wish there was more companies out there like AFF but there isn't.
                                                                                                                                          Global Traffic Acquisition & Monetization
                                                                                                                                          Telegram: @bakokaye

                                                                                                                                            Comment

                                                                                                                                            • Paul Markham
                                                                                                                                              Too old to care
                                                                                                                                              • Jun 2001
                                                                                                                                              • 52942
                                                                                                                                              #36
                                                                                                                                              Originally posted by Jesus H Christ
                                                                                                                                              Yes, for their stock performance, or lack of.

                                                                                                                                              Law Offices of Howard G. Smith announces that all persons or entities who purchased the common stock of FriendFinder Networks, Inc

                                                                                                                                              Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Florida on behalf of investors who purchased FriendFinder Networks, Inc.

                                                                                                                                              Harwood Feffer LLP Announces That a Securities Class Action Lawsuit Has Been Filed Against FriendFinder Networks, Inc.

                                                                                                                                              Now image if you bought $5k of stock at $8 and then hedged it as you then submit your claim, then write off the investment. - ChaChing!= Free money motherfuckers!
                                                                                                                                              Anyone who invested in this company, is going to be very pissed off. But seeing the debt mountain and the way the shares slid down, I don't suppose it will be many.

                                                                                                                                              BAKO if they were so strong, why did the shares fall so fast?



                                                                                                                                              Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
                                                                                                                                              PM me for a deal. Skype Paulmarkham70

                                                                                                                                                Comment

                                                                                                                                                • teomaxxx
                                                                                                                                                  Confirmed User
                                                                                                                                                  • May 2003
                                                                                                                                                  • 2737
                                                                                                                                                  #37
                                                                                                                                                  Originally posted by BAKO
                                                                                                                                                  No matter what happens AFF will stay strong. U guys really don't know how strong that company is. Wish there was more companies out there like AFF but there isn't.
                                                                                                                                                  counting the time when they will stop to pay the affiliates....

                                                                                                                                                    Comment

                                                                                                                                                    • jimmycooper
                                                                                                                                                      Confirmed User
                                                                                                                                                      • May 2010
                                                                                                                                                      • 4016
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by Paul Markham
                                                                                                                                                      Anyone who invested in this company, is going to be very pissed off. But seeing the debt mountain and the way the shares slid down, I don't suppose it will be many.

                                                                                                                                                      BAKO if they were so strong, why did the shares fall so fast?
                                                                                                                                                      With such a low market cap, it is possible that share prices could have been manipulated by even a small hedge fund. I'm not saying that's what happened, as I haven't been following the stock or the company, but it is possible.

                                                                                                                                                        Comment

                                                                                                                                                        • GAMEFINEST
                                                                                                                                                          Make STACK$
                                                                                                                                                          • Nov 2006
                                                                                                                                                          • 14477
                                                                                                                                                          #39
                                                                                                                                                          Friend finder for life
                                                                                                                                                          Compound interest.

                                                                                                                                                            Comment

                                                                                                                                                            • porno jew
                                                                                                                                                              Too lazy to set a custom title
                                                                                                                                                              • Nov 2006
                                                                                                                                                              • 10166
                                                                                                                                                              #40

                                                                                                                                                                Comment

                                                                                                                                                                • anexsia
                                                                                                                                                                  Confirmed User
                                                                                                                                                                  • May 2010
                                                                                                                                                                  • 5735
                                                                                                                                                                  #41
                                                                                                                                                                  Originally posted by porno jew

                                                                                                                                                                    Comment

                                                                                                                                                                    • pornmasta
                                                                                                                                                                      Too lazy to set a custom title
                                                                                                                                                                      • Jun 2006
                                                                                                                                                                      • 20016
                                                                                                                                                                      #42
                                                                                                                                                                      this is a bro

                                                                                                                                                                        Comment

                                                                                                                                                                        • CyberHustler
                                                                                                                                                                          Masterbaiter
                                                                                                                                                                          • Feb 2006
                                                                                                                                                                          • 28728
                                                                                                                                                                          #43
                                                                                                                                                                          “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”

                                                                                                                                                                            Comment

                                                                                                                                                                            • Operator
                                                                                                                                                                              So Fucking Banned
                                                                                                                                                                              • May 2009
                                                                                                                                                                              • 2419
                                                                                                                                                                              #44
                                                                                                                                                                              Those two are both packing revolvers if you ask me

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