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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.
Suggestions Adult Friendfinder provides for the "tell others about yourself" field include, "I like my partners to tell me what to do in the bedroom," "I tend to be kinky" and "I'm willing to try some light bondage or blindfolds." The hack, which took place in March, was first uncovered by independent IT security consultant Bev Robb on her blog Teksecurity a month ago. It wasn't until this week, when England's Channel 4 News reported on the hack, that Adult Friend Finder was named as the victim.The hack also revealed that the company had kept information on 15 million accounts that users had deleted, as well as information on users for assets it no longer owned, such as Penthouse.By comparison, the Ashley Madison hack that took place in July 2015 revealed 32 million accounts, although that attack was also accompanied by a more aggressive extortion campaign.Its corporate headquarters are located in Boca Raton, Florida, with additional offices in California, New York, and Taiwan.The company primarily deals in adult entertainment, online dating, and social networking services.
According toa security researcher going by the name Revolver uncovered Local File Inclusion vulnerabilities on the site in October.