OPW - Sep 19 - A letter was sent to FFN affiliates. See the full letter on InternetDatingAffiliates.com, but here's the highlights...
- A substantial amount of the sale in 2007 was in the form of debt.
- They will cut the debt in half and return the majority of the company to the founders. (Andrew Conru and 'Legendary Lars')
- Less debt means more funds for affiliate payouts.
- Right now, affiliate checks have the highest priority.