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Old 11-19-2007, 07:49 AM   #1
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BOB ?YNOTBob? RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTNER

FOR IMMEDIATE RELEASE

CONTACT:

Connor Young
YNOT Network, LP
President
Email: [email protected]
Website: http://www.ynot.com/
ICQ: # 216511706
Phone: 281-534-6356


BOB ?YNOTBob? RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTNER

YNOT Network, owner of the longest running adult Webmaster resource site YNOT.com, announced today that former company owner Bob Rice has sold his percentage of ownership in the company to longtime business partner Gary Grigoryan.

The financial terms of the deal were not disclosed, but the move leaves Grigoryan, who was an equal shareholder with Rice before the transaction, as the sole owner of YNOT Network, while the direction and operation of the company remains under the control of company president Connor Young. The move also officially frees up Rice, who has not been active with the company for some time, to focus more directly on his tasks, including the growing of popular adult affiliate program LightspeedCash.

?It?s been a great ride, and I?m proud of the accomplishments YNOT has made during my ownership,? states Rice. ?I have been away for a bit, and left the helm of YNOT in Connor?s more-than-capable hands. Since leaving, I have launched a new affiliate program (the hugely successful IncredibleDollars), and then teamed up with Lightspeedcash. It was simply time for me to release my shares and responsibilities in YNOT and move on to focus more on my current business at hand. I continue to wish YNOT the best and will always be around if they need any help.?

Company president Connor Young says Bob?s presence will be missed.

?Bob will definitely be missed here at YNOT,? says Young. ?He was a part of the company for a long time, not just as an owner, but also as the face of the company. I wish both him and LightspeedCash the best. I know Bob is fiercely proud of this company and the role it has played in shaping the adult Internet business, and that?s a tradition we plan to continue to carry out here at YNOT for a long time.?

As for the direction of the company, Young says he expects YNOT to be in the news often in the next six months as it releases projects that have been in development for some time.

?There are so many things that we have been quietly working on for many months now, both in regard to YNOT.com and our other company assets,? says Young. ?I have the pleasure of working with extremely talented people here at YNOT, so I?m eager to share their work with the rest of the industry. Our reputation is rock solid here because we innovate rather than copy or imitate. What we have in store will definitely keep that YNOT tradition of innovation alive.?

ABOUT YNOT - Established in 1996, YNOT Network LP is a leading provider of vital services for online adult entertainment businesses. Its flagship website, YNOT.com, is the Web?s leading online resource center for adult industry professionals; it features daily news, community forums, and a constantly updated Service Directory that helps adult businesses find the products and services they need to grow.
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Old 11-19-2007, 07:51 AM   #2
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Congrats and best of luck to everyone involved.
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Old 11-19-2007, 07:54 AM   #3
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Best of luck!
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Old 11-19-2007, 08:34 AM   #4
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All the best to both parties
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Old 11-19-2007, 08:36 AM   #5
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all the best to everyone

drinks on Bob..lol
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Old 11-19-2007, 08:44 AM   #6
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All the best to you YNOTBob!!!
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Old 11-19-2007, 08:46 AM   #7
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good luck
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Old 11-19-2007, 08:47 AM   #8
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All the best two everyone involved good people all around.
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Old 11-19-2007, 08:56 AM   #9
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Old 11-19-2007, 09:01 AM   #10
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Best of Luck to all of you!

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Old 11-19-2007, 09:37 AM   #11
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Congrats to YNot Bob!
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Old 11-19-2007, 10:08 AM   #12
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we should call him "Ex-YNot Bob" from now on
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Old 11-19-2007, 10:29 AM   #13
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All the best two everyone involved good people all around.
INDEED--all of them. Steve Lightspeed, too!

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Old 11-19-2007, 10:30 AM   #14
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The news wire is printing overtime this week it seems
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Old 11-19-2007, 10:35 AM   #15
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Ynot will not be the same without Bob, he was Ynot
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Old 11-19-2007, 10:37 AM   #16
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congrats to both b.t.w. almost forgot that in all the excitement.....wet my panties too.....what a mess
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Old 11-19-2007, 10:45 AM   #17
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we should call him "Ex-YNot Bob" from now on
Maybe "Because-Bob"
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Old 11-19-2007, 10:50 AM   #18
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YnotBobSoldOut
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Old 11-19-2007, 10:57 AM   #19
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Good Luck to all parties involved.

"because he said so" Bob?
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Old 11-19-2007, 11:04 AM   #20
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Best of luck and let's have a drink on many unforgettable moments to come!
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Old 11-19-2007, 11:18 AM   #21
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so now he is LightBob
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Old 11-19-2007, 11:20 AM   #22
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Bob, you're so old and famous now you can just retire and live off hosting the BAA awards
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Old 11-19-2007, 11:30 AM   #23
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Bob, you're so old and famous now you can just retire and live off hosting the BAA awards
with his spending habits......no way....Ynot isn't worth that much
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Old 11-19-2007, 11:34 AM   #24
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with his spending habits......no way....Ynot isn't worth that much


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Old 11-19-2007, 11:55 AM   #25
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Talk about the end of an era....


The only constant is change.
Congratulations and best of luck to all parties.

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Old 11-19-2007, 12:08 PM   #26
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That name sounds familiar. I wish this 'Bob' character well!
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Old 11-19-2007, 12:11 PM   #27
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That press release is missing the time when he converted water into wine.
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Old 11-19-2007, 12:15 PM   #28
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Great news. Congrats to everyone involved.
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Old 11-19-2007, 02:05 PM   #29
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Good luck to all the great people involved in this thread!
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Old 11-19-2007, 02:11 PM   #30
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I guess he'll just be "Bob"...at least now I can say "what about Bob?" lol the ynot got in the way sometimes...congrats to everyone!
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Old 11-19-2007, 02:26 PM   #31
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All the best two everyone involved good people all around.
I concur! Good peeps indeed.
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Old 11-19-2007, 02:28 PM   #32
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I love Bob Rice! Always have always will!

Way to go Buddy!
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Old 11-19-2007, 02:40 PM   #33
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Although it's an end of an era of free hookers from Bob - I wish him and YNOT the best for the future as they are both close to me
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Old 11-19-2007, 05:27 PM   #34
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Congrats to both parties!
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Old 11-19-2007, 05:30 PM   #35
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Good luck to everyone
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Old 11-19-2007, 09:20 PM   #36
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WasNot Bob from now on in ?

He he

Congrats to all concerned !
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Old 11-19-2007, 10:11 PM   #37
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ynotb is the best... always fun to hang out with...
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Old 11-21-2007, 03:39 PM   #38
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good luck to all, fuck, I missed the free hookers?

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Although it's an end of an era of free hookers from Bob - I wish him and YNOT the best for the future as they are both close to me
Wait, you mean I worked with THE YNOT Bob all summer and never got any of the free hooker action? Bob, you never offered! Damn, why do the free hookers have to end now?

I propose we just call him THE BOB.
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Old 11-21-2007, 04:05 PM   #39
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Bob is a top quality human being. Best of luck.
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Old 11-21-2007, 04:06 PM   #40
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Bob is one cool dude! Respect!
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Old 11-23-2007, 02:29 AM   #41
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Best of luck Bobby, you're the best man! If it wasn't for Bob I wouldn't still be in this business. Also good luck to YNot, you guys rock!
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Old 11-23-2007, 02:36 AM   #42
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Congrats Bob....hope it was a mutual deal for both parties!

PS: Still waiting for your call Bob :-)
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Old 11-23-2007, 07:34 AM   #43
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