Who is buying control of Jill Kelly movies?

[NaughtyRob]

Whoever has control of these or is getting control of them will have some great stuff on their hands.


From AVN

Is Jill Kelly Productions Nearing End?
By: Dan Miller
Posted: 4:11 pm PDT 7-14-2005

NORTH HOLLYWOOD, Calif. - Jill Kelly Productions is close to dissolving, sources told AVN.com, though chief operating officer Dan Ice said, ?It?s not true.?

Secured creditors are closing in and will seize control in a matter of days, sources said, and a buyer is close to taking over their library of titles as over $10 million of investment money has been lost.

?I hear that library thing almost daily, not true,? Ice said.

JKP owes over $2 million to unsecured creditors and some $500,000 to the IRS, sources confirmed. Ice said ?the company owes a variety of customers for the normal course of business.?

According to sources, Ice has invested over $300,000 in JKP. While not confirming the amount, he said, ?I have an investment in the company like a lot of other people and I have hopes to make money on my investment. I?m just one of a number of other investors that believe in the future of the company.?

Sources said that former CEO Bob Friedland has fled to New York, and no one has heard from him since. Former President Jill Kelly left the organization in June, and then the company?s final three contract girls, Jenna Haze, Tyra and Nikki Benz, separately announced their departures, followed by publicist Scott Hoover, who left to start Lucky Star Management.

Kelly, a Hall of Fame performer who founded the company with Friedland close to five years ago, was not available for comment.

[The Ghost]

I dunno, just glad I never owned any JKP stock.