Home > News > AdultVest Acquires iPorn.com • Bookmark   • Newsletters   • Register Search Options

NEWS STORY

AdultVest Acquires iPorn.com

AdultVest Acquires iPorn.com
Get XBIZ News
XBIZ Research
Should governments have the power / ability to stop content piracy? (e.g. SOPA / PROTECT IP)
Yes
  45.22%
No
  45.22%
Undecided
  9.57%
Out of 230 votes. Results based on votes submitted by members of XBIZ.net social network.
Friday, Apr 11, 2008    Text size: 
BEVERLY HILLS, Calif. — Adult industry investment services company AdultVest has acquired iPorn.com. Financial terms of the deal were not disclosed.

AdultVest Chairman Francis Koenig said that he has big plans for the company’s latest acquisition.

“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,” Koenig said. “Developers, content producers, strategic partners and investors interested in iPorn.com should contact us now while we are laying the critical ground work. We have several major acquisitions on the horizon, which will compliment iPorn nicely. Our goal will be to bring these combine acquisitions public. Ultimately, our goal is to assist in bringing all the successful adult companies public, not just the ones we invest in.”

The company’s purchase of iPorn.com coincides with a major financial milestone — the firm’s online marketplace topping $7 billion in available capital for adult industry related investments, Koenig claims.

AdultVest’s online investment community is claimed to grow at a rate of $300 million per week.

“The public wants to invest in this industry, but there are not enough opportunities out there in the public market,” Koenig said. “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.”

In addition to its robust financial portfolio Koenig stated that AdultVest has developed new mobile and SMS technologies that are in the process of being patented.

For more information, contact Koenig at (323) 330-6480, or email info@adultvest.com.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !

BUSINESS ANALYSIS

Traffic: Taking a Look at the Stats

Traffic is everything to ecommerce website operators, so it’s vital to understand how the current traffic pie is being sliced, and how adult fits in. The short course is that the once dominant American... More »

Getting By in a ‘Gimme Free’ World

It’s no secret to content based Internet marketers that online consumers today want everything for free. While it’s great to be able to make content sales, such as an adult paysite membership,... More »

Search for Quality Traffic

While much has been made about the number of people using social networks today, with traffic hungry mainstream and adult website operators sitting up to take close notice, research is showing that most... More »
XBIZ NEWSLETTERS
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.






POPULAR PRODUCTS & SERVICES
Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Access the latest issues of the industry's premier trade journals in digital format - view online or download for offline viewing!

UPCOMING EVENTS

XBIZ London Gathering

Feb 23 - Feb 23
Truckles Wine Bar in Holborn

Adult Entertainment Virtual Convention

Feb 24 - Feb 26
World Wide Web

The European Summit

Mar 05 - Mar 08
Barcelona, Spain

International Lingerie Show

Mar 26 - Mar 28
Las Vegas, Nevada
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!