OPW - Nov 11 - FriendFinder is mired in debt and looking for a better deal. The 2nd line of this press release states 'Company to Explore Debt Refinancing Opportunities.' That's an interesting way of inspiring hope with shareholders and putting pressure on the founder, Andrew Conru. Here's
their prior numbers. The main
creditor is the founder and former CEO Andrew Conru.
On
Nov 14, FriendFinder Networks will report its Q3 2012 results. Expected
highlights include Adjusted EBITDA that is estimated at ~$22M, compared
to Adjusted EBITDA of $20M reported in Q3 2011 and $17M reported in Q2.
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