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The company had also indicated that it lacked existing cash or cash from operations to repay a .5 million debt that was due July 31.
It has cautioned that, unless it can repay or restructure its obligation, it will face “a material deficiency in our short term liquidity.” With these shortfalls in mind, the company again announced an intention to make an initial public offering of stock, representing a 49% stake in the company, with plans to use the proceeds to pay down its debt and become listed on the New York Stock Exchange.
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Adult Friend Finder is open to all types of arrangements, from couple share, polygamy, fuck buddies, monogamy, and many more.Majority of its members provide and share sexual content to the site.It can be through a video, photo, blog, or live stream.Friend Finder Networks (formerly Various, Inc.) is an American internet company founded in 1996 by Andrew Conru.