Adultvest: current news

[pornlaw]

Francis is gone and out of the business.... the domains and most of the company's assests that were left were "returned" to the investor(s)....

[gonzo]

Originally Posted by pornlaw

Francis is gone and out of the business.... the domains and most of the company's assests that were left were "returned" to the investor(s)....

Who didnt see that one coming?

[EmporerEJ]

Originally Posted by pornlaw

Francis is gone and out of the business.... the domains and most of the company's assests that were left were "returned" to the investor(s)....

Wow, what a surprise......
I guess we know how long it takes to burn through a few mill.

And now the rest of us legit business people must live with the further stain he left. I hope someone gets control of that domain, and posts the facts for the world. So that future potential investors see he was nothing but a loser from the other side coming over to our world and have some fun, at others' expense.

But it makes it that much more difficult for the rest of us to attract investment capital.

[EmporerEJ]

Originally Posted by pornlaw

Francis is gone and out of the business.... the domains and most of the company's assests that were left were "returned" to the investor(s)....

How long ago did this go down?
I haven't seen any stories about it?
Either in the "legit" media, or the adult industry.

[pornlaw]

Originally Posted by EmporerEJ

How long ago did this go down?
I haven't seen any stories about it?
Either in the "legit" media, or the adult industry.

A couple of months ago.. I really dont know all the details just what I have said so far...Wish I did though... I never liked Francis. Douche...

[EmporerEJ]

Originally Posted by pornlaw

A couple of months ago.. I really dont know all the details just what I have said so far...Wish I did though... I never liked Francis. Douche...

Yea, I knew I didn't like him when he called me to yell at me for a comment I had responded to in Xbiz, or AVN, or somewhere about my opinion of the company. Actually had someone call and say "Can you hold for Mr....."

I was.....okeee dokee, that's all I needed to know.

It wasn't even a bad comment, it was just a "I'm waiting to hear from someone whom has had success from them...." kind of comment.

And I specifically remember trying to be neutral when I MADE the comment, as i genuinely hoped we were getting some legit investment capital in this industry.

[ed_dolten]

Originally Posted by pornlaw

Francis is gone and out of the business.... the domains and most of the company's assets that were left were "returned" to the investor(s)....

I made the mistake of investing money with Francis. I wish my due diligence had uncovered this message board. I would never have answered his phone calls. When I searched on his name, all I came up with the the self-serving BS about this great hedge-fund background.

He tried to sell iporn.com in October, but I don't think he was able to get the deal done. I think one of his investors managed to take over the operation. The iporn.com site changed a few days later, but I don't know who controls it.

I haven't been contacted about my investment. From what I hear, I doubt that there is any chance of recovering anything.

Ed

[EmporerEJ]

Originally Posted by ed_dolten

I made the mistake of investing money with Francis. I wish my due diligence had uncovered this message board. I would never have answered his phone calls. When I searched on his name, all I came up with the the self-serving BS about this great hedge-fund background.

He tried to sell iporn.com in October, but I don't think he was able to get the deal done. I think one of his investors managed to take over the operation. The iporn.com site changed a few days later, but I don't know who controls it.

I haven't been contacted about my investment. From what I hear, I doubt that there is any chance of recovering anything.

Ed

And that's exactly what pisses me off. That's why the adult industry can't attract legitimate investment capital for Research & Development.
It's bad enough when the slime in our own industry rip people off, but worse when so called "legitimate" people come over to "start a fund," and turn out to be worse thieves than the slime people in the industry.

I just hope the few people left out there in the investment world realize, not everyone in our industry are thieves. There are still legitimate investment vehicles here.

[gonzo]

Originally Posted by ed_dolten

I made the mistake of investing money with Francis. I wish my due diligence had uncovered this message board. I would never have answered his phone calls. When I searched on his name, all I came up with the the self-serving BS about this great hedge-fund background.

He tried to sell iporn.com in October, but I don't think he was able to get the deal done. I think one of his investors managed to take over the operation. The iporn.com site changed a few days later, but I don't know who controls it.

I haven't been contacted about my investment. From what I hear, I doubt that there is any chance of recovering anything.

Ed

Did he tell you how much he liked cream pies?

Id love to hear your stories about this weasel and maybe do an interview . Rumor has it hes out running yet another scam on this business.

[ed_dolten]

Businessweek still has info about adultvest in its research section listing Koenig as CEO. However, the adultvest.com site is no longer available.

I would be interested in any information on legal actions regarding adultvest or related investments.

Ed

[EmporerEJ]

Originally Posted by gonzo

Did he tell you how much he liked cream pies?

Id love to hear your stories about this weasel and maybe do an interview . Rumor has it hes out running yet another scam on this business.

As would I.