NY Tim inside please .
 

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:

Re: NY Tim inside please .
 

Depends on whose sex life.

Re: NY Tim inside please .
 

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

Re: NY Tim inside please .
 

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

Re: NY Tim inside please .
 

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!
;)

Re: NY Tim inside please .
 

Bush is the anti christ .

Re: NY Tim inside please .
 

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:

Re: NY Tim inside please .
 

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 ?

Re: NY Tim inside please .
 

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

Re: NY Tim inside please .
 

What was the purpose of going public?

Re: NY Tim inside please .
 

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:

Re: NY Tim inside please .
 

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

Re: NY Tim inside please .
 

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

:okthumb:

Re: NY Tim inside please .
 

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
;)

Re: NY Tim inside please .
 

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...

Re: NY Tim inside please .
 

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.

Re: NY Tim inside please .
 

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.

Re: NY Tim inside please .
 

:wnw: :wnw: :wnw:

Re: NY Tim inside please .
 

Now if I understand correctly....

Playboy is a public company

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

Re: NY Tim inside please .
 

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?

Re: NY Tim inside please .
 

that is correct.

Re: NY Tim inside please .
 

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.

Re: NY Tim inside please .
 

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.

Re: NY Tim inside please .
 

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 .

Re: NY Tim inside please .
 

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