Cams.com/Streamray files IPO ! - GoFuckYourself.com

minniesoporno · 01-26-2009, 12:42 AM

Just noticed this -- the parent company of Cams.com has filed for IPO! That isn't as good as it sounds though as they are doing it to try to raise cash to cover more than $400 million debts they have! I don't know much about finance but that doesn't sound good to me.

http://www.sec.gov/Archives/edgar/da...390/i10357.htm

What does this mean for webmasters, models, and staff of Streamray.

pocketkangaroo · 01-26-2009, 12:47 AM

It's not good. $400 million in debt during a real bad economy. No idea what Penthouse was thinking.

http://valleywag.gawker.com/5118461/...r-founders-car

dial · 01-26-2009, 12:49 AM

welcome to last year...literally

minniesoporno · 01-26-2009, 12:55 AM

Quote:

Originally Posted by dial

welcome to last year...literally

Do you have info on their current status. I model for acams.com I am wondering if I should take them off my work schedule. and look for another site to work with.

Barefootsies · 01-26-2009, 12:55 AM

Quote:

Originally Posted by dial

welcome to last year...literally

pocketkangaroo · 01-26-2009, 12:57 AM

Quote:

Originally Posted by minniesoporno

Do you have info on their current status. I model for acams.com I am wondering if I should take them off my work schedule. and look for another site to work with.

I would not worry about it. They aren't going out of business. The site's make money still. Penthouse is just in debt because they borrowed the money to buy AFF. If they go bankrupt, they'd simply sell Cams.com to someone else who would continue things.

STR$ · 01-26-2009, 12:59 AM

Quote:

Originally Posted by minniesoporno

Do you have info on their current status. I model for acams.com I am wondering if I should take them off my work schedule. and look for another site to work with.

you should not worry
PS: nice cats

MaDalton · 01-26-2009, 01:00 AM

Quote:

Originally Posted by pocketkangaroo

I would not worry about it. They aren't going out of business. The site's make money still. Penthouse is just in debt because they borrowed the money to buy AFF. If they go bankrupt, they'd simply sell Cams.com to someone else who would continue things.

i'm already saving the pocket money my mum gives me

WiredGuy · 01-26-2009, 01:01 AM

Read the whole prospectus. Yes, they have massive debts owed but at the same time look at their overall business health. Its not as bad as the press makes it out to be.
WG

Tjeezers · 01-26-2009, 01:37 AM

At least they don`t have a tube site as pop under on their cam site, this proves for sure that cams.com aka streamray.com is not worried at all, and why would we worry then

timoxxl2 · 01-26-2009, 02:03 AM

if you worry about cams.com ... just promote CupidoCam.com - still doing good business due to many unique performers

minniesoporno · 01-26-2009, 06:20 AM

Quote:

Originally Posted by STR$

you should not worry
PS: nice cats

Thanks, they are handful. I am trying to get my girl kitten out of the sofa she likes to sleep in there. I got her out but it's a hassle to figure out how to make sure she doesn't get in there.

I am loyal to cams as a performer. and I like to stay with them as long as possible . I have been with cams for over 6 years. and they have been extremely good to me.

I also wish they would bring back the top performer contest.

01-26-2009, 12:42 AM	#1
minniesoporno Confirmed User Industry Role: Join Date: Nov 2004 Location: Toronto Canada Posts: 1,150	Cams.com/Streamray files IPO ! Just noticed this -- the parent company of Cams.com has filed for IPO! That isn't as good as it sounds though as they are doing it to try to raise cash to cover more than $400 million debts they have! I don't know much about finance but that doesn't sound good to me. http://www.sec.gov/Archives/edgar/da...390/i10357.htm What does this mean for webmasters, models, and staff of Streamray.

01-26-2009, 12:49 AM	#3
dial Confirmed User Join Date: May 2006 Location: wherever you aren't Posts: 1,225	welcome to last year...literally __________________ boom chicka wah wah

01-26-2009, 01:01 AM	#9
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,470	Read the whole prospectus. Yes, they have massive debts owed but at the same time look at their overall business health. Its not as bad as the press makes it out to be. WG __________________ I play with Google.

01-26-2009, 01:37 AM	#10
Tjeezers Webmaster Industry Role: Join Date: Mar 2007 Location: BP4L - NL/RO Posts: 16,567	At least they don`t have a tube site as pop under on their cam site, this proves for sure that cams.com aka streamray.com is not worried at all, and why would we worry then __________________ Enroll in the SWAG Affiliate Asian Live Cam Program and get 9 free quality linkbacks from my network! Wanna see how old school I am? Look at this! All my Cam Review Sites are here!

01-26-2009, 12:47 AM	#2
pocketkangaroo Confirmed User Join Date: Jan 2005 Location: Chicago, IL Posts: 8,452	It's not good. $400 million in debt during a real bad economy. No idea what Penthouse was thinking. http://valleywag.gawker.com/5118461/...r-founders-car

01-26-2009, 02:03 AM	#11
timoxxl2 Confirmed User Industry Role: Join Date: Nov 2007 Posts: 997	if you worry about cams.com ... just promote CupidoCam.com - still doing good business due to many unique performers