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peterk · 09-10-2012, 11:50 PM

I just read article http://finance.yahoo.com/news/friendfinder-networks-releases-based-social-103000446.html SUNNYVALE, Calif., Sept. 10, 2012 /PRNewswire/ -- FriendFinder Networks Inc. (FFN) today announced that its newest web game, Clans of NeoEarth, is live and available on Facebook in beta version and will officially launch by month's end.ha Clans of NeoEarth is an action-packed combat simulation and city builder game already gaining popularity with gamers having more than 4,000 "likes" and 6,000 active players on its Facebook fan page.ha

few moaths back they bought this http://www.forbes.com/sites/ericsavitz/2011/09/12/friendfinder-networks-buying-deals-site-jigocity/ FriendFinder Networks this morning announced the acquisition of BDM Global Ventures, the parent of JigoCity, a local daily deals site, for 1.6 million in FFN shares and about 6.4 million of FFN warrants with strike prices ranging from $5 to $18 a share. The company said the deal could be worth as much as $65 million; but note that FriendFinder closed Friday at $2.71, which means the stock portion of the deal is worth just $4.3 million, with the resent dependent on the performance of FFN?s stock in the months and years ahead.
Based in Los Angeles, JigoCity has about 150 employees, and operates sites in Australia, Brazil, China, Hong Kong, Singapore and Taiwan. According to FriendFinder, JigoCity had revenue of about $600,000 in July and $1.1 million in August, and now has over 1 million members.

they are not stupid they are diversifying into games and daily deals sites. they will be around for a long time.

09-10-2012, 11:50 PM
peterk Confirmed User Join Date: Aug 2007 Posts: 3,529	why aff is not going anyware I just read article http://finance.yahoo.com/news/friendfinder-networks-releases-based-social-103000446.html SUNNYVALE, Calif., Sept. 10, 2012 /PRNewswire/ -- FriendFinder Networks Inc. (FFN) today announced that its newest web game, Clans of NeoEarth, is live and available on Facebook in beta version and will officially launch by month's end.ha Clans of NeoEarth is an action-packed combat simulation and city builder game already gaining popularity with gamers having more than 4,000 "likes" and 6,000 active players on its Facebook fan page.ha few moaths back they bought this http://www.forbes.com/sites/ericsavitz/2011/09/12/friendfinder-networks-buying-deals-site-jigocity/ FriendFinder Networks this morning announced the acquisition of BDM Global Ventures, the parent of JigoCity, a local daily deals site, for 1.6 million in FFN shares and about 6.4 million of FFN warrants with strike prices ranging from $5 to $18 a share. The company said the deal could be worth as much as $65 million; but note that FriendFinder closed Friday at $2.71, which means the stock portion of the deal is worth just $4.3 million, with the resent dependent on the performance of FFN?s stock in the months and years ahead. Based in Los Angeles, JigoCity has about 150 employees, and operates sites in Australia, Brazil, China, Hong Kong, Singapore and Taiwan. According to FriendFinder, JigoCity had revenue of about $600,000 in July and $1.1 million in August, and now has over 1 million members. they are not stupid they are diversifying into games and daily deals sites. they will be around for a long time.