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Old 03-20-2008   #7
RawAlex
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Default Re: Former Penthouse Editor Quit Because of Marc Bell's "Meddling"

Quote:
Originally Posted by gonzo View Post
This theory has a ring to it. Like you said well know before the end of the year.

We are all still waiting on Sean from Streamray to get back from lunch.

It's been a very long lunch.

I am feeling that, in whole or in part, that the deal to take over the AFF properties was a move to get the whole package taken public. In my mind, a large part of the deal pays off if and when penthouse goes public again, bringing in a large amount of money to pay off debts (part of the purchase) and the vesting or value of shares that may have been granted to the Various partners.

Pure speculation, but I have a feeling that a large part of the purchase price was "financed" by the original owners, and if Penthouse is unable to go public in a certain amount of time, i suspect you will see the whole deal unravel pretty quickly.
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