TECH CRUNCH - Mar 17 - More than a year after cancelling its IPO, citing terrible market conditions, FriendFinder has filed an amendment to the Registration Statement on Form S-1 with the SEC in connection with a re-launch of its proposed IPO. The company says it intends to use the net proceeds of the public offering to repay a portion of its existing indebtedness.
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FriendFinder is a money mill. Its surprising how little press they get, so this IPO will really help them raise the tide of attention and press that they deserve.
Posted by: Mark Brooks | Mar 22, 2011 at 04:48 PM