Adultfyi.com quotes AdultVest founder and CEO Frances Koenig as stating his company won an award from Alternative Investment News Hedge Fund Industry Association at their awards show in June. This is an excerpt from the article:
Koenig wouldn’t reveal the project to be financed, and he danced around names, saying only that I would recognize them—a coyness that, to be fair, both hedge funds and adult entertainment share.
He says he met many of them at the Alternative Investment News Hedge Fund Industry Awards last June, when AdultVest won Hedge Fund Launch of the Year. (Other honorees included the Blackstone Group and the Teacher Retirement System of Texas.)
The awards show has a web domain located at http://www.iialternatives.com. However, the Contact page only lists phone numbers and emails, no physical address for the awards or company. A Whois of the domain reveals an address of 225 Park Avenue South, 10033, which is actually the address of the Port Authority in New York City along with the name of the domain owner - Institutional Investor. Below is a screencap.
On the Port Authority website, here is the page where I found their address: http://www.panynj.gov/AboutthePortAuthority/ContactInformation/. They share the same address as Alternative Investment News Hedge Fund Industry Association. Maybe someone should call the Port Authority suspicious activity line.
Here is a screenshot.
Koenig also mistakenly believes that Iporn will be a front runner in creating an application that will deliver porn to Ipods. The Adultfyi.com article states:
He sees the porn downturn as temporary and believes that technological improvements will trigger a turnaround. One example: iPorn, a start-up in AdultVest’s portfolio that is developing an application to deliver porn to the Apple iPod. “The industry’s not going anywhere,” Koenig says. “You’ve got 6 billion people on the planet,” he laughs, “and they’re all horny.”
It has already been done. If you have a Windows based PC, use Media Widget to transfer data from your PC to your Ipod, click here. If you are on a MAC, use ffmpegX to transfer porn from your MAC to your Ipod.
Ipod porn is not the next money mecca for the adult industry. Three years ago, when video Ipods came into play, many companies created ipod porn sites. The sites did not generate huge revenue.
No one invests in porn to make money. Instead, they are trying to write off expenses for financing their sex life.
