NY Tim inside please .

[JoesHO]

Feel free to post here, no one here cares about any non business related issues, or who dates who etc.....

please tell us about Mobbucks, and teach us some things about taking a company public...

we want to know about business here not sex life. :okthumb:

[Mike AI]

Depends on whose sex life.

[Winetalk.com]

Depends on whose sex life.

Are we gonna turn this thread into another bush discussion!?
;)

[Mike AI]

Are we gonna turn this thread into another bush discussion!?
;)

Serge you know me I am anti-Bush. Though I am pro-Hitler mutache!

[Winetalk.com]

Serge you know me I am anti-Bush. Though I am pro-Hitler mutache!

No, I do not! If memorry serves me right, which is not always a fact, considering all wines we had, we only swapped recipes and not haircuts!
;)

[JoesHO]

Bush is the anti christ .

[NY_TIM]

Feel free to post here, no one here cares about any non business related issues, or who dates who etc.....

please tell us about Mobbucks, and teach us some things about taking a company public...

we want to know about business here not sex life. :okthumb:

Thanks.. Well first off, going public sucks, as we are no longer public. It is so very expensive and too much shit to deal with. Stay private and actually keep the money you make and not have to give it to accoutants and lawyers and pay for filings every quarter... :rolleyes:

[JoesHO]

Thanks.. Well first off, going public sucks, as we are no longer public. It is so very expensive and too much shit to deal with. Stay private and actually keep the money you make and not have to give it to accoutants and lawyers and pay for filings every quarter... :rolleyes:


for a new start up is it a wise move to raise venture capitol?

or should someone look for private investors? or just not even attempt it unless they are well funded already ?

what would be your advice to a new guy trying to get into the business today ?

[Mike AI]

What was the listing on the company that was public, but is now private?

[Biggy]

Thanks.. Well first off, going public sucks, as we are no longer public. It is so very expensive and too much shit to deal with. Stay private and actually keep the money you make and not have to give it to accoutants and lawyers and pay for filings every quarter... :rolleyes:

What was the purpose of going public?

[Dianna Vesta]

Serge you know me I am anti-Bush. Though I am pro-Hitler mutache!

Yeah you're anti-Bush now but you were on his band wagon when he was running. Remember? Or maybe you were just Republican and there wasn't anyone esle worth voting for?

:blink:

[LadyMischief]

Tim is an awesome, smart guy and this is gonna be a great thread. Look forward to his answers ;)

[Mike AI]

Yeah you're anti-Bush now but you were on his band wagon when he was running. Remember? Or maybe you were just Republican and there wasn't anyone esle worth voting for?

:blink:

Take the time to read through the thread and my responses slowly.

:okthumb:

[Winetalk.com]

DV, he is not anti Bush, he is anti bush!
;)

BIG difference!

let's do it once and for all:
show your bush and we'll see which "anti" he is
;)

[NY_TIM]

for a new start up is it a wise move to raise venture capitol?

or should someone look for private investors? or just not even attempt it unless they are well funded already ?

what would be your advice to a new guy trying to get into the business today ?

Just from experience I would suggest private funding. Over the past 4 years or so I have owned 2 public companies and its always an up hill battle. Thats just from my experience...

[NY_TIM]

What was the listing on the company that was public, but is now private?

OTEN.BB

My company Jade Entertainment Group (Mobbucks) did a reverse merge in to the public company OTEN.BB. So We owned OTEN and Jade was a sub of the public company. After about a year we pulled Jade out of the public company so Jade was private again and sold off the public company.

[NY_TIM]

What was the purpose of going public?

There are not too many public companies in the adult space and we figured we would get some spin and publicity. Well we did get that, but it was just too expensive and to hard to run an adult company under the public umbrella.

[NY_TIM]

Tim is an awesome, smart guy and this is gonna be a great thread. Look forward to his answers ;)


:wnw: :wnw: :wnw:

[JoesHO]

There are not too many public companies in the adult space and we figured we would get some spin and publicity. Well we did get that, but it was just too expensive and to hard to run an adult company under the public umbrella.


Now if I understand correctly....

Playboy is a public company

but Hustler and Penthouse are private companies ? is that right ?

[LadyMischief]

Now if I understand correctly....

Playboy is a public company

but Hustler and Penthouse are private companies ? is that right ?


I thought only part of Penthouse was private, this would be something to look into.. just how many adult companies are being publically traded in one way or another, and are there really benifits, or bigger drawbacks to going that route?

[Biggy]

Now if I understand correctly....

Playboy is a public company

but Hustler and Penthouse are private companies ? is that right ?

that is correct.

[Grump]

Some portion of the assets of Penthouse had been sold to a public company. I do not know if the deal went through or not, and also remember reading about problems with the listing status of the acquiring public company.

Rick's Cabaret may still be public, they were in the past, and Mustang Ranch tried to go public back int he 80s, but the deal was pulled due to the Mustang owner's IRS problems at the time.

Being public is a great way to raise funding, many sources will not consider investing in a private company. That said, the demands on time and finances can be significant in running a public company and maintaining all the required reports and standards.

[LadyMischief]

Some portion of the assets of Penthouse had been sold to a public company. I do not know if the deal went through or not, and also remember reading about problems with the listing status of the acquiring public company.

Rick's Cabaret may still be public, they were in the past, and Mustang Ranch tried to go public back int he 80s, but the deal was pulled due to the Mustang owner's IRS problems at the time.

Being public is a great way to raise funding, many sources will not consider investing in a private company. That said, the demands on time and finances can be significant in running a public company and maintaining all the required reports and standards.


One would think it would be more difficult to find people willing to invest in that case, because ROI can be unpredictable in this marketplace. Look at the .com bubble bursting... That made a lot of people nervous.

[JoesHO]

I always wondered about the whole IPO thing, as I know in the lumber/demolition business for example a few companies did it just to raise the captiol to stat out . and it worked for them .

[NY_TIM]

I always wondered about the whole IPO thing, as I know in the lumber/demolition business for example a few companies did it just to raise the captiol to stat out . and it worked for them .

Ya, it works for some, you just need to have some big money backing you