Prior to last month’s Internext Expo in Florida, the following article appeared on www.finalternatives.com –
“Earlier this summer, smutty hedge fund AdultVest crashed the Apple developer’s conference in San Francisco with a quintet of scantily-clad models flogging one of the firm’s portfolio companies, iPorn.com. For its next publicity stunt, the adult entertainment industry hedge fund is staying a little closer to home.
iPorn—which offers users thousands of free “XXX adult-rated” videos— is holding its “annual iPorn Hot Body Contest” at InterNEXT Expo tomorrow. www.adultfyi.com/read.php?ID=36506
InterNEXT is “the adult industry’s premier summer event,” according to the press release.
iPorn is offering $10,000 in prizes—$1,000 to the winner, with an $8,000 modeling contract on the line—for the would-be models who participate. Interested women have until tomorrow at 4 p.m. to sign up at the “iPorn Cabana” at the Westin Diplomat Resort and Spa in Hollywood, Fla.
AdultVest’s Priapus Investment Fund was named Institutional Investor Magazine’s “Hedge Fund Launch of the Year” last year. But sources close to the firm told FINalternatives earlier this year that AdultVest founder Francis Koenig was looting the fund to pay for his lavish lifestyle.
“There is almost no money left in the fund,” an investor said. “Koenig has an American Express black card through the company that he uses on partying, girls and high living. Most money is missing and iPorn.com is not worth what he says it is.”
Koenig has denied that there is anything untoward about AdultVest, other than its smutty investments.”
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JFK writes on GFY.com :re the modelling contract, this is just off my icq, the contributor wishes to remain anonymus……………….
i knew they scammers man, all they wanted me to do was send girls to their hotel room to win the *modeling contract*
they were even rude to Janessa, telling her she should leave her boyfriend because he was rich and good looking…I was a bit disgusted…….he=francis…….she was contestant #1
they were saying the winner would be announced on Monday so that they could *judge* the girls all weekend monday came and they never posted who won that i could see…but they def were implying whoever partied with them and fucked them would get the contract
winner to be decided on the following monday? WHY??? why not right then…well i know why