iPorn.com Acquired by AdultVest!

Fri Apr 11, 2008 7:38pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]
AdultVest.com On-line Investable Assets Reach Record High - $7 Billion

BEVERLY HILLS, Calif., April 11 /PRNewswire/ -- AdultVest, Inc., the
Beverly Hills based investment bank that concentrates its practice exclusively
on adult industry investments, mergers, and acquisitions, announced the
acquisition of iPorn.com today.  The acquisition coincides with the firm's
online marketplace topping $7 Billion in available capital for adult industry
related investments.  "We are very excited about the acquisition of
www.iPorn.com.  Investors in our Priapus Investment Fund, LLC are
extremely pleased to be a part of this landmark purchase.  We have very big
plans for iPorn.com.  This acquisition is a natural fit.  Our team has
incredibly strong technical and marketing capabilities and we have already
developed several mobile and SMS technologies that are in the process of being
patented.  Our developers are already hard at work on what will be 'the
iPorn.com platform' and we have begun to cut deals with technology providers
and major adult studios.  Developers, content producers, strategic partners,
and investors interested in iPorn.com should contact us now while we are
laying the critical groundwork.  We have several major acquisitions on the
horizon which will complement iPorn nicely.  Our goal will be to bring these
combined acquisitions public.  Ultimately our goal is to assist in bringing
all the successful adult companies' public, not just the ones we invest in.
Our online investment community (http://www.AdultVest.com) is now growing at
the rate of $300 Million USD per week, and quite a few of the companies listed
have successfully secured funding through our online marketplace.  The public
wants to invest in this industry, but there are not enough opportunities out
there in the public market.  We are working to create those opportunities.
Transparency and liquidity builds credibility and investor confidence, which
ultimately drives the price of a company higher.  I believe this is the
formula to unlocking value in some of the adult industry's hidden gems.  Wait
till you see what we have in store," says AdultVest Chairman, Francis Koenig.
    For more information on AdultVest, Inc. log on to:
www.AdultVest.com or contact AdultVest, Inc. at: 1-323-330-6480 or
info@AdultVest.com
SOURCE  AdultVest, Inc.

AdultVest, Inc., +1-323-330-6480, info@AdultVest.com

 

Featured Broker sponsored link

Most Popular on Reuters

Photo
Bearing Witness
Reuters award-winning multimedia piece, reflecting five years of reporting the war in Iraq.