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Ezra Shashoua, the company's chief financial officer, blamed the lower revenue on a drop in membership and increased advertising costs for affiliates, according to court documents.
Shashoua also said credit card companies had refused to process transactions for the company's Internet businesses.
When pressed on details, Ballou declined to comment further.When selecting your preferred matches', you can choose as many orientations as you like.The site also allows you to choose a unique username of your choice.This will be your primary identifier on Adult Friend Finder as your name won't be displayed unless you decided to use it as your username.Once you have completed the registration process, you will automatically be redirected to a page where you will see the latest activities of all active Adult Friend Finder users.With over 80 million members all over the world, Adult Friend Finder is one of the largest adult casual dating sites worldwide.Originated in the United States, this dating platform helps its users find suitable sex partners through its many contacting features and functionality.Just like its sister companies from the Friend Finder Network, it requires an email verification process once finished.Upon signing up, you will be asked to answer a few questions that ask about some of your relevant, basic information.But why Friend Finder Networks has held onto millions of accounts belonging to customers is a mystery, given that the site was sold to Penthouse Global Media in February."We are aware of the data hack and we are waiting on Friend Finder to give us a detailed account of the scope of the breach and their remedial actions in regard to our data," said Kelly Holland, the site's chief executive, in an email on Saturday.Holland confirmed that the site "does not collect data regarding our members' sexual preferences."Leaked Source said breaking with usual tradition because of the kind of breach, it will not make the data searchable.