BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTNER

LAJ · 11-19-2007

FOR IMMEDIATE RELEASE

CONTACT:

Connor Young
YNOT Network, LP
President
Email: connor@ynot.com
Website: http://www.ynot.com/
ICQ: # 216511706
Phone: 281-534-6356

BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTNER

YNOT Network, owner of the longest running adult Webmaster resource site YNOT.com, announced today that former company owner Bob Rice has sold his percentage of ownership in the company to longtime business partner Gary Grigoryan.

The financial terms of the deal were not disclosed, but the move leaves Grigoryan, who was an equal shareholder with Rice before the transaction, as the sole owner of YNOT Network, while the direction and operation of the company remains under the control of company president Connor Young. The move also officially frees up Rice, who has not been active with the company for some time, to focus more directly on his tasks, including the growing of popular adult affiliate program LightspeedCash.

“It’s been a great ride, and I’m proud of the accomplishments YNOT has made during my ownership,” states Rice. “I have been away for a bit, and left the helm of YNOT in Connor’s more-than-capable hands. Since leaving, I have launched a new affiliate program (the hugely successful IncredibleDollars), and then teamed up with Lightspeedcash. It was simply time for me to release my shares and responsibilities in YNOT and move on to focus more on my current business at hand. I continue to wish YNOT the best and will always be around if they need any help.”

Company president Connor Young says Bob’s presence will be missed.

“Bob will definitely be missed here at YNOT,” says Young. “He was a part of the company for a long time, not just as an owner, but also as the face of the company. I wish both him and LightspeedCash the best. I know Bob is fiercely proud of this company and the role it has played in shaping the adult Internet business, and that’s a tradition we plan to continue to carry out here at YNOT for a long time.”

As for the direction of the company, Young says he expects YNOT to be in the news often in the next six months as it releases projects that have been in development for some time.

“There are so many things that we have been quietly working on for many months now, both in regard to YNOT.com and our other company assets,” says Young. “I have the pleasure of working with extremely talented people here at YNOT, so I’m eager to share their work with the rest of the industry. Our reputation is rock solid here because we innovate rather than copy or imitate. What we have in store will definitely keep that YNOT tradition of innovation alive.”

ABOUT YNOT - Established in 1996, YNOT Network LP is a leading provider of vital services for online adult entertainment businesses. Its flagship website, YNOT.com, is the Web’s leading online resource center for adult industry professionals; it features daily news, community forums, and a constantly updated Service Directory that helps adult businesses find the products and services they need to grow.

gonzo · 11-19-2007

Why would someone "be away" a bit for a company that they own part of?

That doesnt make any sense.

D-man · 11-19-2007

humm so what do we call him now "Just Bob"?

bluemoney · 11-19-2007

Quote:

Originally Posted by D-man

humm so what do we call him now "Just Bob"?

My guess would be "Lightspeed Bob"

Hell Puppy · 11-19-2007

Quote:

Originally Posted by bluemoney

My guess would be "Lightspeed Bob"

More like Unemployed Bob

MRock · 11-19-2007

How 'bout "The artist formerly known as YNOT Bob"?

JFK · 11-20-2007

Quote:

Originally Posted by Hell Puppy

More like Unemployed Bob

well , no, Lightspeed Bob fits the bill

Hammer · 11-19-2007

Quote:

Originally Posted by gonzo

Why would someone "be away" a bit for a company that they own part of?

RawAlex · 11-19-2007

I guess they can get rid of YNOT Neal as well. (neal and bob... get it? )

11-19-2007	#1
LAJ Underwear model Join Date: Nov 2002 Location: Austin Posts: 566	BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTNER FOR IMMEDIATE RELEASE CONTACT: Connor Young YNOT Network, LP President Email: connor@ynot.com Website: http://www.ynot.com/ ICQ: # 216511706 Phone: 281-534-6356 BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTNER YNOT Network, owner of the longest running adult Webmaster resource site YNOT.com, announced today that former company owner Bob Rice has sold his percentage of ownership in the company to longtime business partner Gary Grigoryan. The financial terms of the deal were not disclosed, but the move leaves Grigoryan, who was an equal shareholder with Rice before the transaction, as the sole owner of YNOT Network, while the direction and operation of the company remains under the control of company president Connor Young. The move also officially frees up Rice, who has not been active with the company for some time, to focus more directly on his tasks, including the growing of popular adult affiliate program LightspeedCash. “It’s been a great ride, and I’m proud of the accomplishments YNOT has made during my ownership,” states Rice. “I have been away for a bit, and left the helm of YNOT in Connor’s more-than-capable hands. Since leaving, I have launched a new affiliate program (the hugely successful IncredibleDollars), and then teamed up with Lightspeedcash. It was simply time for me to release my shares and responsibilities in YNOT and move on to focus more on my current business at hand. I continue to wish YNOT the best and will always be around if they need any help.” Company president Connor Young says Bob’s presence will be missed. “Bob will definitely be missed here at YNOT,” says Young. “He was a part of the company for a long time, not just as an owner, but also as the face of the company. I wish both him and LightspeedCash the best. I know Bob is fiercely proud of this company and the role it has played in shaping the adult Internet business, and that’s a tradition we plan to continue to carry out here at YNOT for a long time.” As for the direction of the company, Young says he expects YNOT to be in the news often in the next six months as it releases projects that have been in development for some time. “There are so many things that we have been quietly working on for many months now, both in regard to YNOT.com and our other company assets,” says Young. “I have the pleasure of working with extremely talented people here at YNOT, so I’m eager to share their work with the rest of the industry. Our reputation is rock solid here because we innovate rather than copy or imitate. What we have in store will definitely keep that YNOT tradition of innovation alive.” ABOUT YNOT - Established in 1996, YNOT Network LP is a leading provider of vital services for online adult entertainment businesses. Its flagship website, YNOT.com, is the Web’s leading online resource center for adult industry professionals; it features daily news, community forums, and a constantly updated Service Directory that helps adult businesses find the products and services they need to grow. __________________ AMP Worldwide - High Risk Merchant accounts Retain attorney Eric M. Bernstein - Ask me how! Cybernet Expo 2009 returns to San Francisco, June 25-27! ICQ 92418228 or email jay at ynot dot com

11-19-2007	#2
gonzo Fat Fucking Nobody Want to see your own Advertising Here! Join Date: Apr 2003 Location: Atlanta,Ga. Posts: 17,795 Blog Entries: 11	Re: BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTN Why would someone "be away" a bit for a company that they own part of? That doesnt make any sense. __________________ We are putting the bastards of this world on notice; greed and corruption will always be met with "a voice made of ink and rage." "Never try and be like anyone else" - Hunter S. Thompson "The truth is the truth no matter how you try and package a lie" - Shellee Hale

11-19-2007	#3
D-man Where am I and how did I get here? Join Date: Jul 2003 Location: USA Posts: 38	Re: BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTN humm so what do we call him now "Just Bob"? __________________ Industry Old School PLRadult Resource Submitter

11-19-2007	#6
MRock Tossing Chairs and Blacking Out. Join Date: Sep 2007 Location: Tampa, FLA Posts: 340	Re: BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTN How 'bout "The artist formerly known as YNOT Bob"? __________________ DD Blonde Amateur Horny DD Milf - Strapongurl - Busty Smoker - Pimping My Music

11-19-2007	#9
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: BOB “YNOTBob” RICE OFFICIALLY EXITS YNOT, SELLS SHARES TO LONGTIME BUSINESS PARTN I guess they can get rid of YNOT Neal as well. (neal and bob... get it? ) __________________ 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