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Holland confirmed that the site "does not collect data regarding our members' sexual preferences."Leaked Source said breaking with usual tradition because of the kind of breach, it will not make the data searchable.
And I think that these “scammers” are on all types of dating sites.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.The contemplated public offering, scheduled to reach the market on January 27, 2010 was delayed by FFN.As of January 17, 2010, Friend Finder Networks had a negative net worth equal to 8 million, million in cash on hand and 0 million in liabilities.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.
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