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-   -   Adult Filmmaker Files for Chapter 11 (https://gfy.com/showthread.php?t=503191)

directfiesta 08-13-2005 01:21 PM

Adult Filmmaker Files for Chapter 11
 
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.

;)


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