Oprano Adult Industry Forums - View Single Post - Top Bucks to Get Out of Site Membership Biz ?

RawAlex · 03-10-2008

It sort of reads more like left hand right hand stuff. Many sponsors from the early days go on strong with changes in the names of the owners but the same players in and around the product. There are various reasons why this happens, and certainly satisfying an FTC settlement would be a good reason to have a change of ownership.

The current owner(s) form an offshore trust. That trust owns a company called "Topbucks Affiliates 2008 Inc" which purchases the program. Now the original owners no longer "own" the paysites. You can go even one step further creating an offshore company to hold the US based company, and have the trust own the offshore company.

Dancing with stars has nothing on modern corporate ownership structures.

03-10-2008	#5
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: Top Bucks to Get Out of Site Membership Biz ? It sort of reads more like left hand right hand stuff. Many sponsors from the early days go on strong with changes in the names of the owners but the same players in and around the product. There are various reasons why this happens, and certainly satisfying an FTC settlement would be a good reason to have a change of ownership. The current owner(s) form an offshore trust. That trust owns a company called "Topbucks Affiliates 2008 Inc" which purchases the program. Now the original owners no longer "own" the paysites. You can go even one step further creating an offshore company to hold the US based company, and have the trust own the offshore company. Dancing with stars has nothing on modern corporate ownership structures. __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds