Adult Filmmaker Files for Chapter 11 - GoFuckYourself.com

directfiesta · 08-13-2005, 01:21 PM

http://www.latimes.com/business/la-f...ack=hpmorenews

Quote:

One of the better-known San Fernando Valley adult filmmakers has bared its precarious financial condition in a federal bankruptcy filing.

Jill Kelly Productions Inc. filed for Chapter 11 bankruptcy protection in Los Angeles as one of its creditors was about to foreclose on its property and seize its library of more than 250 films. The North Hollywood company lists about 85 creditors, more than $3 million in liabilities, and assets of $1.5 million to $3 million.

Drake · 08-13-2005, 01:23 PM

That's a shame the rumors were true. Makes you wonder what went wrong.

Harmon · 08-13-2005, 01:24 PM

This was a long time coming... no surprises here

The Ghost · 08-13-2005, 01:27 PM

Quote:

Originally Posted by Harmon

This was a long time coming... no surprises here

Most everyone jumped ship already as it headed into the ground. I think this makes Private (PRVT) the only active adult company that traded publicly.

CybermedAndy · 08-13-2005, 01:31 PM

Assets of only 1.5 mil? Wow I woulda thought JKP was a much bigger player. (Of course I'm sure they are not stating their real worth, but still)

detoxed · 08-13-2005, 02:08 PM

man.... i just dont get how someone can FAIL in this biz with those assets. Focusing them on the same old shit I guess.....

detoxed · 08-13-2005, 02:09 PM

Quote:

Originally Posted by AngelDollarsAndy

Assets of only 1.5 mil? Wow I woulda thought JKP was a much bigger player. (Of course I'm sure they are not stating their real worth, but still)

You'd be suprised about a lot of these porn companies... from what I've seen dating is MUCH bigger. Even small scale dating sites dwarf porn sites.

DaddyHalbucks · 08-13-2005, 02:12 PM

There's no money in porn.

;)

08-13-2005, 01:24 PM	#3
Harmon ( ͡ʘ╭͜ʖ╮͡ʘ) Industry Role: Join Date: Mar 2004 Posts: 20,010	This was a long time coming... no surprises here __________________ [email protected]

08-13-2005, 01:31 PM	#5
CybermedAndy Confirmed User Join Date: Jul 2004 Location: Vancouver Posts: 4,170	Assets of only 1.5 mil? Wow I woulda thought JKP was a much bigger player. (Of course I'm sure they are not stating their real worth, but still) __________________ Add some upsell items to your pages here!

08-13-2005, 02:12 PM	#8
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	There's no money in porn. ;) __________________ Boner Money

08-13-2005, 01:23 PM	#2
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	That's a shame the rumors were true. Makes you wonder what went wrong.

08-13-2005, 02:08 PM	#6
detoxed vip member Join Date: Jan 2003 Posts: 17,798	man.... i just dont get how someone can FAIL in this biz with those assets. Focusing them on the same old shit I guess.....