FriendFinder Says It's Facing Delisting on Nasdaq
 

http://www.xbiz.com/news/143242

Whoopsy :helpme

What happens if you have stocks in a company that gets delisted? Not that I do of course, just curious.

Spectacular IPO fail right there.

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.

They'll simply do a reverse split to have a higher share price to get them by for some period of time.

Karma comes calling.

amazing all around

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

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.

Every dog has its day.

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.

It was a novel idea.

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.

The face of AFF fake profiles
http://upload.wikimedia.org/wikipedi...aven_Riley.jpg

Your summarization was perfect too.

Sometimes you're very funny. Very funny. :thumbsup

And loads of people praised them.

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.

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.

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. :Oh crap

Profiles are a dating sites "inventory" ... Depending on fake inventory to boost the value of a company being publicly traded will not end well.

.

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.

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.

.

http://img34.imageshack.us/img34/456/17346210.jpg

how hot maybe someone had a threesome with both.... lol :1orglaugh

sorry but :1orglaugh

The stock is actually at $0.86.

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

read any consumer reviews of the aff sites. they have a different take than the brogasm which made this thread suddenly sticky.

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.

Congrats to the winners! :thumbsup

Sorry I thought you were talking about a class action on the dating scams. Is there another one?

Now it's the rogue submitters. :1orglaugh

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.

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.

LARS WAS FORCED ! ! !
:thumbsup

It means that your shares will soon evaporate to about .0001 cents.

Happened to me twice now.

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.

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?

counting the time when they will stop to pay the affiliates....

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.

Friend finder for life

:1orglaugh

this is a bro

:1orglaugh

Those two are both packing revolvers if you ask me