(1) An enormous reservoir of good will towards Jill from her performing days.

(2) Utter disbelief at how a company with so much talent could fail so miserably for no damn good reason.

Granted, JKP seldom made the types of product most of us here at ADT prefer. And, they had a knack for taking the hottest stars (e.g. Cindy Crawford and Jenna Haze) and neutering them.
BUT...
Need I point out that Vivid hasn't done so bad for itself making fairly similar product.

There are so many top people affected by this whole JKP debacle with their careers treading water in purgatory. Let's hope that the rift in the space/time continuum is healed and the porn timeline is restored ASAP.

Me?
I'll be grateful enough if Cindy Crawford gets back on track with her pre-JKP career and Jenna gives up her veggie ways and sucks a cock once in a while

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I like the idea of IVD taking over and fixing things if they can. If they have 15 million shares they would have an interest to see the company succeed and the stock to rise.

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Edited by - jrv on 7/17/2005 6:02:52 PM

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the adventures of michael ryan

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--LA Times

NORTH HOLLYWOOD -- One of the better-known San Fernando Valley adult filmmakers has bared its precarious financial condition in a federal bankruptcy filing.

Jill Kelly Productions Inc. filed for Chapter 11 bankruptcy protection in Los Angeles as one of its creditors was about to foreclose on its property and seize its library of more than 250 films. The North Hollywood company lists about 85 creditors, more than $3 million in liabilities, and assets of $1.5 million to $3 million.

Its larger creditors include film company Nasty Pixx, American Express Co. and AVN Publications Inc., which follows the industry. The Chapter 11 action was made by a subsidiary of publicly traded Jill Kelly Productions Holding Inc., which did not file.

"We had no alternative but to file to protect the assets of the corporation," Chief Executive Philip Starr said.

The company is named for porn actress Jill Kelly, who served as president under her real name, Adrianne D. Moore. Starr said Kelly quit this year in a pay dispute. A Securities and Exchange Commission filing by the company said Kelly had been in the business for more than 10 years, starring in more than 200 adult films. She couldn't be reached for comment.

Brought in a month ago to turn the company around, Starr said Jill Kelly Productions had been losing money over the last two years because of mismanagement, but he declined to elaborate. He also said a federal grand jury in New York was inquiring about the company, but he did not provide details.

Starr said he succeeded ex-CEO Robert Friedland, who quit in June and could not be reached for comment. Long Beach lawyer Todd Becker, who represents the company, said executives were optimistic it could again be profitable and pay its debts.

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Don Fernando

http://donfernando.diaryland.com/index.html

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I have been wondering about AVN though lately. It seems AVN has turned into a giant ad magazine. There seem to be more and more ads every month and less and less stories and news.

One of my descions to buy stock in JKP was the AVN ads. They had like 3-4 pages of ads every month in the AVN and everything seemed ok and they were doing great.

Perhaps AVN should have been reporting the "news" about JKP and other studios instead of just taking money for full page ads from them.

But then again I guess you can't bite the hand that feeds you.

Oh well what can you do.

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