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#204528 - 12/01/06 09:07 AM Wankus Helps Puts Black Widow Out of Business
Jeff Steward Offline
Porn Jesus

Registered: 04/14/03
Posts: 7408
Loc: JM Productions
This is what happens when your company teams up with Wankus and you start hosting PSK.

Black Widow Productions Sends Letter to Distributors
By: Eddie Adams
Posted: 6:15 pm PST 11-30-2006


CHATSWORTH, Calif. - Black Widow Productions, LLC has recently sent out a letter to its vendors and producers, suggesting the company has hit some financial hardships and may be going out of business. The company’s President, Richard D. Williams, told AVN.com that if they don’t secure the financial assistance they need, the company may need to shut down next year.


The letter is as follows:

November 13, 2006

To Our Vendors and Producers:

First of all, my apologies for not being accessible recently. We have been going through a very trying time in our history and are focusing on recovering. In the USA we have been facing a severe reduction in DVD sales since last March. We all thought it was just a harder summer than usual (or perhaps we were hoping that was the case), but we are not seeing the traditional rebound in sales that we normally see at this time of the year. If that wasn’t enough, we have also had extreme pressure on our receivables. We have been hit with several bankruptcies by our customers, some very large like Tower Records which hit us for almost $30,000 and also several business failures where there was nothing left to collect. This has severely impacted our cash flow to the point where we have gone below break even and have been funding the operational costs from our savings.

We are currently pursuing financing options to help us weather this downturn in our industry, but if we are unsuccessful we will have no option but to dissolve Black Widow Productions, LLC.

Where this will leave you we are unsure at this point, but we have begun initial talks with our attorneys to assist us in the event that we are unsuccessful in securing financing.

We thank you for hanging in there with us, and it is our sincerest wish to continue operations and pay all of our debts in full. We will advise you as soon as we have something new to report, but we are not expecting to have any news for around 30 days due to the holidays.

Sincerely,

Richard D. Williams

President




_________________________
all women should be victims of something, because they lied. - big moose

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#204529 - 12/01/06 09:18 AM Re: Wankus Helps Puts Black Widow Out of Business
Conky Offline
Porn Jesus

Registered: 11/04/06
Posts: 4203
Loc: Bakersfield Plumbing Supplies ...
Credit where it's due, Wankus, on a job well done. Perhaps you could get involved with the GoP in some way? Financial advisor or something?
_________________________
I also am subcribe to postal pornography - CAOH

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#204530 - 12/01/06 09:44 AM Re: Wankus Helps Puts Black Widow Out of Business
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9149
Isn't this the same Ric Williams who claimed he was going to open this monstrously huge, popular modeling agency where he would take Stormy and her two oversized melons into "mainstream" acting?

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#204531 - 12/01/06 11:11 AM Re: Wankus Helps Puts Black Widow Out of Business
Sergio T. Offline
Porn Jesus

Registered: 07/20/03
Posts: 5256
Loc: CSW Wrestling - Gracie Academy
Quote:

Isn't this the same Ric Williams who claimed he was going to open this monstrously huge, popular modeling agency where he would take Stormy and her two oversized melons into "mainstream" acting?



Yep, same dude.
_________________________

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#204532 - 12/01/06 11:13 AM Re: Wankus Helps Puts Black Widow Out of Business
The Ghost Is Toast Offline
Whoremaster

Registered: 10/21/05
Posts: 2710
Quote:

Isn't this the same Ric Williams who claimed he was going to open this monstrously huge, popular modeling agency where he would take Stormy and her two oversized melons into "mainstream" acting?




Yep...Black Widow Talent, I believe, although I'm sure he has technically separate agencies for mainstream and XXX work. No idea if either one of these agencies will be affected by the downturn in business on the DVD/Production end, or if they are completely separate entities.

Well, if this news has proven anything, it's the value of sponsoring PSK...and that anything even peripherally related to Wankus is doomed.

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#204533 - 12/01/06 12:01 PM Re: Wankus Helps Puts Black Widow Out of Business
Bornyo Offline
Porn Jesus

Registered: 09/23/04
Posts: 10321
I dunno...It's been pretty good for Zenman so far


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#204534 - 12/01/06 12:05 PM Re: Wankus Helps Puts Black Widow Out of Business
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9149
Quote:

but we have begun initial talks with our attorneys to assist us in the event that we are unsuccessful in securing financing.


This phrase pops up every time a business is circling the drain. It really means, "Our suit monkeys are looking for new cash where we don't have to file a UCC-1 on our children. In the meantime, they're filling in the Chapter 7 boilerplate language, too."

Quote:

Stormy and her two oversized melons


A bit part in music video doesn't count, unless you also marry an Anaheim Angels' pitcher and beat the crap out of him.

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#204535 - 12/01/06 01:17 PM Re: Wankus Helps Puts Black Widow Out of Business
Soopergrizz Offline
Porn Fucking Master

Registered: 02/23/05
Posts: 3724
Loc: Paddling my canoe in the wild
Quote:








How come "her" Adam's Apple is the bigger of the two?
_________________________
You're all still alive?

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#204536 - 12/01/06 03:07 PM Re: Wankus Helps Puts Black Widow Out of Business
pornloser Offline
Max Hardcore Prison Bitch

Registered: 03/12/05
Posts: 167
Because she has way more testosterone and a delicious penis might i add.

Peace Out,
Landon

Quote:

Quote:








How come "her" Adam's Apple is the bigger of the two?



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#204537 - 12/02/06 01:28 PM Re: Wankus Helps Puts Black Widow Out of Business
zenman Offline

Porn Jesus

Registered: 08/26/03
Posts: 8160
Loc: Roma, Repubblica Italiana
That whore has stroke value. I sexually degraded her later that night.

Quote:

I dunno...It's been pretty good for Zenman so far




_________________________
"All my years in p*rn didn't quite prepare me for childbirth. I mistakenly thought all the stretching I did would make this easier."

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#204538 - 12/03/06 10:13 AM Re: Wankus Helps Puts Black Widow Out of Business
Monstar Offline
Porn Jesus

Registered: 03/28/04
Posts: 4450
Loc: The Planet Houston
Quote:


Quote:

Stormy and her two oversized melons


A bit part in music video doesn't count, unless you also marry an Anaheim Angels' pitcher and beat the crap out of him.




she didn't get this through black widow but she got it.

trailer for "Dirt"

jan. 2nd. werd.
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ContactPornStars.com TheStarFactoryEnt.com

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