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"LATEST HEADLINES (PlanetOut)" posted by ~Ray
Posted on 2008-11-13 12:18:34

“American Idol” viewers will never see this particular performance of anti-AIDS songs and dances in a modest community hall in Khayelitsha. South Africa but they helped pay for it. This entry was postedon Monday. October 29th. 2007 at 5:19 pmand is filed under. You can follow any responses to this entry through the feed. You can or from your own site.





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"Take a little time to say Hi to Carli" posted by ~Ray
Posted on 2008-09-09 21:15:34

planetout bloggers, take a bit of your day to say Hi to Carli Banks. She has a nice new teaser video for you.
~Ray



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"PlanetOut Offloads RSVP Vacations to Atlantis Events" posted by ~Ray
Posted on 2008-03-12 23:13:37

GLBT media enterprise PlanetOut. Inc is selling off the company's gay & lesbian cruise business RSVP Vacations. RSVP Vacations will be taken over by former competitor Atlantis Events. Inc. the world's largest affiliate specializing in all-gay and lesbian cruises and resort vacations. PlanetOut bought RSVP Vacations in 2006 for $6.5 million cash with an agreement to pay up to an additional $3 million if RSVP reached designated financial performance targets for 2007 & 2008 according to a report by However. RSVP has not proven to be a money-maker for PlanetOut. RSVP cruises were undergo been underbooked and their much-hyped promote Mary 2 journey earlier this year failed to garner success and ended up as a major financial loss for the company as reported by. The GLBT media company has faced other serious monetary issues recently cutting 15 percent of its workforce this pass and closing offices overseas in Buenos Aires and London. Microsoft mogul Bill furnish's Cascade Investment LLC was among a group of private investors that pumped $26.2 million into PlanetOut earlier this year according to to rescue the affiliate from the brink of bankruptcy. The move to offload RSVP Vacations is seen as another go in PlanetOut's efforts to bring up the company's bottom lie and stabilize its finances. In a touch release. Karen Magee chief executive officer of PlanetOut stated the sale reflects PlanetOut's strategy of shifting its business to a model which has advertising revenue at its core out and draws strength from the company's powerful iconic media brands. "From a corporate perspective we believe this transaction demonstrates to our shareholders that we are continuing to deliver on our commitment to leverage our strengths by simplifying our business model and emphasizing our core competencies," added Magee. "We are focused on ensuring that we are in the best position to realize our full potential as the leading media and entertainment company exclusively serving the LGBT market while also strengthening our balance sheet." "We're thrilled to carry Atlantis and RSVP together into the same family for the first measure," said Rich Campbell chief executive officer of Atlantis. "The two companies are stronger together than they are apart and taken together demonstrate the strength and vitality of the gay travel market." Atlantis charters entire journey ships and all-inclusive resorts for the exclusive use of its gay and lesbian guests. In 2007. Atlantis has hosted approximately 20,000 guests on 11 different events. Established in 1985. RSVP Vacations was the originator of the gay and lesbian cruise concept. Destinations in 2007 have included the Caribbean. Barbados the Mediterranean. Central Europe and an historic trans-Atlantis crossing on the Queen Mary 2. "This move is a great step forward for guests of both RSVP and Atlantis who will now benefit from the largest and most diverse collection of all-gay vacations in the world," Campbell said. According to a press channel from Atlantis the company plans to grow and create RSVP while maintaining it as a displace and distinct brand. Atlantis stated their intention for RSVP to be true to its heritage of providing high quality gay vacations that emphasize community personal growth learning and cultural experiences. "We are extremely pleased that RSVP ordain change state part of the Atlantis family," said Magee. "Preserving RSVP's distinct mark will enable Atlantis to expand the audience it serves by taking advantage of RSVP's unique positioning within the LGBT community. We believe this combination will be a real positive for RSVP's customers and business partners. It really is a perfect match and we're looking send to expanding and extending our marketing relationship with Atlantis." As part of this strategy. Atlantis ordain appoint Charlie Rounds president of RSVP. Rounds an original employee and one-time co-owner of RSVP Vacations will be responsible for all sales marketing production administration and operational issues at RSVP. "Charlie Rounds embodies the spirit of RSVP at its finest," said Campbell. "He knows RSVP's brand and guests better than anyone else and is the best person to lead RSVP successfully into the future." "I'm very honored to have the opportunity to rejoin the RSVP family," said Rounds. "Our longtime guests experience my passion for the brand and commitment to our product. Under my leadership. RSVP guests can expect the same high quality experience and vacation change that they have go to know and love. Our vacations will act to be consistent with our heritage our culture and our guest expectations. In fact this acquisition is a great opportunity for RSVP to truly identify our vacations from Atlantis vacations and to exceed answer our very distinct customers," he said. The act will mirror similar arrangements in the travel industry of separate and distinct brands housed under one corporate roof including: Royal Caribbean International and Celebrity Cruises. Marriott and Ritz-Carlton. Lufthansa German Airlines and SWISS International Air Lines and Carnival Corporation and its family of cruise brands. RSVP will operate all of its scheduled programs in 2008—including its Exotic Caribbean cruise in February its Barbados Bliss cruise in March and its Tahitian Treasure journey in November. The company also plans to inform new vacations and destinations in the very near future. RSVP ordain keep its office in Minneapolis the longtime home of RSVP Vacations. The affiliate will continue to market its vacations through a network of more than 7,500 of travel agencies worldwide as come up as through direct sales. Atlantis stated that the sale would not affect RSVP's scheduled itineraries or current passenger bookings. Financial details regarding the sale which is expected to close within a few weeks were not disclosed. PlanetOut. Inc is expected to release their third accommodate earnings report on November 1st. PlanetOut reported an Adjusted Net Loss of $6.6 million loss for the first quarter of 2007 according to financial statements released by the company—compared to a $132,000 loss in the same accommodate of 2006. Adjusted Net Loss for the company in the back up quarter of 2007 was $5.6 million.





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"PlanetOut Offloads RSVP Vacations to Atlantis Events" posted by ~Ray
Posted on 2008-03-12 23:13:37

GLBT media enterprise PlanetOut. Inc is selling off the company's gay & lesbian journey business RSVP Vacations. RSVP Vacations will be taken over by former competitor Atlantis Events. Inc. the world's largest company specializing in all-gay and lesbian cruises and resort vacations. PlanetOut bought RSVP Vacations in 2006 for $6.5 million change with an agreement to pay up to an additional $3 million if RSVP reached designated financial performance targets for 2007 & 2008 according to a report by However. RSVP has not proven to be a money-maker for PlanetOut. RSVP cruises were have been underbooked and their much-hyped Queen Mary 2 cruise earlier this year failed to garner success and ended up as a major financial loss for the company as reported by. The GLBT media company has faced other serious monetary issues recently cutting 15 percent of its workforce this summer and closing offices overseas in Buenos Aires and London. Microsoft mogul Bill furnish's Cascade Investment LLC was among a group of private investors that pumped $26.2 million into PlanetOut earlier this year according to to rescue the company from the brink of bankruptcy. The move to offload RSVP Vacations is seen as another step in PlanetOut's efforts to bring up the affiliate's bottom line and stabilize its finances. In a press release. Karen Magee chief executive command of PlanetOut stated the sale reflects PlanetOut's strategy of shifting its business to a copy which has advertising revenue at its core and draws strength from the company's powerful iconic media brands. "From a corporate perspective we believe this transaction demonstrates to our shareholders that we are continuing to deliver on our commitment to leverage our strengths by simplifying our business model and emphasizing our core competencies," added Magee. "We are focused on ensuring that we are in the best position to realize our beat potential as the leading media and entertainment company exclusively serving the LGBT market while also strengthening our balance sheet." "We're thrilled to bring Atlantis and RSVP together into the same family for the first time," said Rich Campbell chief executive command of Atlantis. "The two companies are stronger together than they are apart and taken together demonstrate the strength and vitality of the gay travel market." Atlantis charters entire cruise ships and all-inclusive resorts for the exclusive use of its gay and lesbian guests. In 2007. Atlantis has hosted approximately 20,000 guests on 11 different events. Established in 1985. RSVP Vacations was the originator of the gay and lesbian journey concept. Destinations in 2007 have included the Caribbean. Barbados the Mediterranean. Central Europe and an historic trans-Atlantis crossing on the Queen Mary 2. "This move is a great go forward for guests of both RSVP and Atlantis who will now benefit from the largest and most diverse collection of all-gay vacations in the world," Campbell said. According to a press release from Atlantis the company plans to grow and build RSVP while maintaining it as a separate and distinct brand. Atlantis stated their intention for RSVP to be true to its heritage of providing high quality gay vacations that emphasize community personal growth learning and cultural experiences. "We are extremely pleased that RSVP ordain become move of the Atlantis family," said Magee. "Preserving RSVP's distinct mark will enable Atlantis to expand the audience it serves by taking advantage of RSVP's unique positioning within the LGBT community. We believe this combination will be a real positive for RSVP's customers and business partners. It really is a perfect match and we're looking forward to expanding and extending our marketing relationship with Atlantis." As part of this strategy. Atlantis ordain constitute Charlie Rounds president of RSVP. Rounds an original employee and one-time co-owner of RSVP Vacations will be responsible for all sales marketing production administration and operational issues at RSVP. "Charlie Rounds embodies the spirit of RSVP at its finest," said Campbell. "He knows RSVP's brand and guests exceed than anyone else and is the best person to bring about RSVP successfully into the future." "I'm very honored to have the opportunity to fall in the RSVP family," said Rounds. "Our longtime guests know my passion for the brand and commitment to our product. Under my leadership. RSVP guests can expect the same high quality experience and pass format that they have come to know and like. Our vacations ordain continue to be consistent with our heritage our grow and our guest expectations. In fact this acquisition is a great opportunity for RSVP to truly differentiate our vacations from Atlantis vacations and to better answer our very distinct customers," he said. The act will mirror similar arrangements in the travel industry of displace and distinct brands housed under one corporate cover including: Royal Caribbean International and Celebrity Cruises. Marriott and Ritz-Carlton. Lufthansa German Airlines and SWISS International Air Lines and Carnival Corporation and its family of cruise brands. RSVP will operate all of its scheduled programs in 2008—including its Exotic Caribbean cruise in February its Barbados Bliss journey in March and its Tahitian Treasure journey in November. The affiliate also plans to announce new vacations and destinations in the very come future. RSVP will keep its office in Minneapolis the longtime home of RSVP Vacations. The company will continue to market its vacations through a communicate of more than 7,500 of jaunt agencies worldwide as well as through enjoin sales. Atlantis stated that the sale would not alter RSVP's scheduled itineraries or current passenger bookings. Financial details regarding the sale which is expected to close within a few weeks were not disclosed. PlanetOut. Inc is expected to release their third quarter earnings report on November 1st. PlanetOut reported an Adjusted Net Loss of $6.6 million loss for the first quarter of 2007 according to financial statements released by the company—compared to a $132,000 loss in the same quarter of 2006. Adjusted Net Loss for the company in the second quarter of 2007 was $5.6 million.





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"PlanetOut Takes Big Loss on Sale of Tour Unit RSVP Vacations ..." posted by ~Ray
Posted on 2008-01-01 20:53:14

RSVP the packaged tour unit of gay and lesbian media affiliate PlanetOut was sold for $2.15 million to Atlantis Events according to an SEC filing. The affiliate originally announced the disposal last week fitting with a plan to shed itself of non-core assets.





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"PlanetOut Takes Big Loss on Sale of Tour Unit RSVP Vacations ..." posted by ~Ray
Posted on 2008-01-01 20:53:14

RSVP the packaged journey unit of gay and lesbian media company PlanetOut was sold for $2.15 million to Atlantis Events according to an SEC filing. The company originally announced the disposal measure week fitting with a plan to shed itself of non-core assets.





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"PlanetOut Reports Third-Quarter 2007 Results" posted by ~Ray
Posted on 2007-12-15 14:54:06

This press channel includes the non-GAAP financial measures of Adjusted EBITDA. Adjusted Net Income (Loss) and Adjusted earnings per share ("Adjusted EPS") -- Basic and Diluted which are reconciled to net income (loss) net income (loss) and net income (loss) per share -- basic and diluted respectively which the affiliate believes are the most comparable GAAP measures. The company uses these non-GAAP financial measures for internal managerial purposes when providing its business outlook and as a means to evaluate period-to-period comparisons. These non-GAAP financial measures are used in addition to and in conjunction with results presented in accordance with GAAP. These non-GAAP financial measures designate an additional way of viewing aspects of the company's operations that when viewed with its GAAP results and the accompanying reconciliations to corresponding GAAP financial measures give a more complete understanding of factors and trends affecting the company's business. These non-GAAP measures should be considered as a add to and not as a substitute for or superior to income (loss) from operations cash flow from operating activities and net income (loss) and net income (loss) per share calculated in accordance with generally accepted accounting principles. Adjusted EBITDA is defined as net income (loss) before arouse taxes depreciation and amortization stock-based compensation restructuring non- change impairment charges executive transition financial advisory fees loss from discontinued operations and other depreciate net. The affiliate considers Adjusted EBITDA to be an important indicator of its operational strength. The company deducts other depreciate net consisting primarily of interest income (expense) from net income (loss) in calculating Adjusted EBITDA because it regards interest income (expense) to be a non-operating item. This decide also eliminates the effects of depreciation and amortization restructuring non-cash impairment charges executive transition financial advisory fees loss from discontinued operations and stock-based compensation depreciate from period to period which the company believes is useful to management and investors in evaluating its operating performance as depreciation and amortization restructuring non-cash impairment charges executive transition financial advisory fees loss from discontinued operations and stock-based compensation costs are not directly attributable to the underlying performance of the company's business operations. A limitation associated with this measure is that it does not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues in the company's businesses. Management evaluates the costs of such tangible and intangible assets through other financial measures such as capital expenditures. A further limitation associated with this decide is that it does not include stock-based compensation expenses related to the company's workforce. Management compensates for this limitation by providing supplemental information about stock-based compensation depreciate on the approach of the consolidated statements of operations. Adjusted Net Income (Loss) is defined as net income (loss) excluding loss from discontinued operations stock-based compensation depreciate restructuring non-cash impairment charges executive transition and financial advisory fees. The company considers Adjusted Net Income (Loss) to be a profitability measure which facilitates the forecasting of its operating results for future periods and allows for the comparison of its results to historical periods and to other companies in its industry. A limitation of Adjusted Net Income (Loss) is that it does not include all items that impact the company's net income (loss) and net income (loss) per share for the period. Adjusted EPS -- Basic and Diluted are defined as Adjusted Net Income (Loss) calculated on a basic and diluted per share basis respectively. PlanetOut's management believes the non-GAAP information is useful because it can enhance the understanding of the company's ongoing economic performance and PlanetOut therefore uses non-GAAP information internally to evaluate and manage the company's operations. PlanetOut has chosen to give this information to investors to alter them to act comparisons of operating results in a manner similar to how the affiliate analyzes its operating results. In addition to the historical information contained herein this press channel contains forward-looking statements including statements regarding PlanetOut's anticipated future growth and financial performance as well as statements containing the words "believes," "anticipates," "expects," and similar words. Such forward-looking statements involve known and unknown risks uncertainties and other factors which may cause the actual results performance or achievements of the company to differ materially from any future results performance or achievements expressed or implied by such forward-looking statements. Such factors include among others the company's limited operating history and variability of operating results; competition; the company's ability to attract and bear subscribers and advertisers; timing of product launches; success of its marketing efforts; and the company's dependence on technology infrastructure and the Internet. Additional information concerning factors that could alter PlanetOut's future business and financial results is included in the affiliate's Quarterly inform on create 10-Q for the quarter ended June 30. 2007. Annual Report on Form 10-K for the year ended December 31. 2006 and other public filings filed from time to time with the Securities and Exchange Commission (SEC) which are available at the SEC's website at PlanetOut Inc. Unaudited Condensed Consolidated Statements of Operations (In thousands object per share amounts) Three months ended Nine months ended September 30. September 30. 2006 2007 2006 2007 Revenue: Advertising services $6,386 $7,296 $19,051 $19,361 Subscription services 5,831 5,393 18,422 16,734 Transaction services 1,823 1,037 5,663 3,731 be revenue 14,040 13,726 43,136 39,826 Operating costs and expenses: (*) be of revenue 6,221 7,079 19,405 21,949 Sales and marketing 3,777 4,126 11,432 12,297 General and administrative 2,845 3,683 8,617 11,959 Restructuring 58 581 892 581 Depreciation and amortization 1,192 1,703 3,549 5,077 Impairment of goodwill - - - 21,100 be operating costs and expenses 14,093 17,172 43,895 72,963 Loss from operations (53) (3,446) (759) (33,137) Other expense net (123) (610) (242) (1,494) Loss from continuing operations before income taxes (176) (4,056) (1,001) (34,631) furnish (acquire) for income taxes (38) 6 (38) 6 Loss from continuing operations (214) (4,050) (1,039) (34,625) Loss from discontinued operations net of taxes (1,280) (705) (941) (8,055) Net loss $(1,494) $(4,755) $(1,980) $(42,680) Loss per share from continuing operations - basic and diluted $(0.12) $(1.03) $(0.60) $(14.12) Loss per share from discontinued operations- basic and diluted $(0.74) $(0.18) $(0.54) $(3.28) Net loss per share - basic and diluted $(0.86) $(1.21) $(1.14) $(17.40) Weighted-average shares used to compute net loss per share - basic and diluted 1,733 3,920 1,730 2,453 (*) Includes stock-based compensation depreciate as follows: be of revenue $11 $36 $17 $164 Sales and marketing 16 2 18 37 General and.





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"PlanetOut Joins as Media Sponsor for South Florida Travel Expo ..." posted by ~Ray
Posted on 2007-11-27 19:52:28

Steve Rothaus to ask Steve Rothaus a question online or construe his Gay Q&A to contact him directly by e-mail to construe Steve's latest stories. Miami Herald staff writer Steve Rothaus covers gay and lesbian issues in South Florida. A graduate of Miami Dade College and Florida International University. Steve joined The tell in 1985. He came out at work two years later and has covered gay issues since 1997. Steve won the 1998 GLAAD Media Award for outstanding newspaper columnist and is a board member of the National Lesbian & Gay Journalists Association. When he's not writing. Steve travels the country for NLGJA visiting other newspapers television stations and college campuses to discuss gay news coverage and workplace issues. PlanetOut Inc. (Nasdaq: LGBTD) the leading media and entertainment company exclusively focused on the gay and lesbian merchandise has joined as a media support presenter and exhibitor at the South Florida Travel Expo scheduled for November 17-18. 2007 at the Fort Lauderdale Convention Center. Based in San Francisco. PlanetOut offers advertisers find to one of the most extensive multi-channel networks within the LGBT community. PlanetOut's digital media brands include Gay com. PlanetOut com. advise com. Out com. OutTraveler com and HIVPlusMag com. PlanetOut print media brands include The advise. Out and The Out Traveler. In addition to PlanetOut’s sponsorship of the South Florida jaunt Expo. Ed Salvato editor-in-chief of The Out Traveler and corporate director of jaunt media for PlanetOut Inc. is scheduled to present a workshop for consumers on Saturday. November 17. 2007. “Gay Travel: Hot new destinations events tours and cruises” will be presented jointly by Salvato and other top journalists. The one-hour adorn starts at 1:30 p m and will cover the latest on cruises and land tours for gay travelers as well as gay hot spots. “It’s exciting and an honor to participate in the inaugural South Florida Travel Expo,” Salvato said. “My fellow presenters and I look forward to sharing some perspectives learned from many years in the gay and lesbian jaunt market.” As a media partner. PlanetOut believes it can help drive its extensive audiences to the South Florida Travel Expo. The gay travel and cruise industry has grown tremendously over the past ten years and during that measure PlanetOut’s digital and print brands have focused on many aspects of gay travel. Today the company’s Web sites feature a vast arrange of global activities and destinations catering to gay and lesbian travelers. Showcasing jaunt destinations from around the world the South Florida Travel Expo ordain bring out both cultural exhibits and vacation activities. A diverse set of travel experts representing every segment of the travel industry will furnish detailed information on trips to every region of the world. In addition to the many jaunt related exhibits the South Florida Travel Expo will feature Destination Pavilions showcasing both overseas and domestic destinations and tourism boards. pass undergo Areas will offer a taste of traveling to various destinations around the world including culinary tasting and cooking demonstrations luxury spa treatments and activities such as golfing diving and kayaking pools along with original and indigenous music and dance from diverse cultures. The show is open to the public on Saturday. November 17 and Sunday. November 18. Exhibitors ordain furnish special jaunt packages and pricing to travelers who schedule trips at the show. Also on Saturday. November 17th the American Society of Travel Agents. South Florida Chapter is holding its annual technical conference which is open exclusively to travel agents and professionals from 9:30 a m to 12:30 p m. PlanetOut Inc is the leading global media and entertainment company exclusively serving the lesbian gay bisexual and transgender (LGBT) community. PlanetOut's digital media brands include Gay com. PlanetOut com. Advocate com. Out com. OutTraveler com and HIVPlusMag com. PlanetOut create media brands include The Advocate. Out. The Out Traveler and HIVPlus as well as SpecPub. Inc titles. Transaction services brands include e-commerce Web sites Kleptomaniac com and BuyGay com and book publisher Alyson Publications. PlanetOut based in San Francisco with additional offices in New York and Los Angeles offers Global 1000 and local advertisers access to what it believes to be the most extensive multi-channel multi-platform network of gay and lesbian people in the world. For more information gratify tour.





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"Investors Business Daily: PlanetOut Inc. Announces Plans for ..." posted by ~Ray
Posted on 2007-11-09 17:18:32

SAN FRANCISCO. Sept 04. 2007 /PRNewswire-FirstCall via COMTEX/ --PlanetOut Inc.() the leading media and entertainment affiliate exclusivelyfocused on the gay and lesbian market today announced that following thereceipt of stockholder approval for a change stock change integrity at the specialmeeting of stockholders held on August 29. 2007 its come in of directors setthe ratio of the change stock split of PlanetOut common stock at one-for-ten. The change stock split is expected to become effective on or about October 1,2007 when PlanetOut files an amendment to its award of incorporationwith the State of Delaware. As a prove of the change stock change integrity every ten shares of common stockof PlanetOut will be combined into one overlap of common stock. The be ofshares subject to PlanetOut's outstanding options and warrants ordain be reducedin the same ratio as the reduction in the outstanding shares and the pershare apply determine of those options and warrants will be increased in directproportion to the change stock change integrity ratio. In addition to the historical information contained herein this pressrelease contains forward-looking statements including statements regardingPlanetOut's anticipated timing of the reverse have change integrity future growth andfinancial performance as come up as statements containing the words "believes,""anticipates," "expects," and similar words. Such forward-looking statementsinvolve known and unknown risks uncertainties and other factors which maycause the actual results performance or achievements of the company to differmaterially from any future results performance or achievements expressed orimplied by such forward-looking statements. Such factors include amongothers the affiliate's limited operating history and variability of operatingresults; the affiliate's ability to attract and bear subscribers andadvertisers; timing and success of cruises events and product launches; andthe affiliate's dependence on technology infrastructure and the Internet. Additional information concerning these factors is included in the company'sQuarterly inform on Form 10-Q for the quarter ended June 30. 2007 and otherpublic filings filed from measure to time with the Securities and ExchangeCommission (SEC) which are available at the SEC's website at www sec gov. Allsuch forward-looking statements are current only as of the date on which suchstatements were made. PlanetOut does not undertake any obligation to publiclyupdate any forward-looking statement to reflect events or circumstances afterthe go out on which any such statement is made or to reflect the occurrence ofunanticipated events. PlanetOut's digital media brands include Gay com. PlanetOut com,advise com. Out com. OutTraveler com and HIVPlusMag com. PlanetOut printmedia brands consider The advise. Out. The Out Traveler and HIVPlus as wellas SpecPub. Inc titles. Transaction services brands consider e-commerce Websites Kleptomaniac com and BuyGay com travel and events marketer RSVPVacations and schedule publisher Alyson Publications. PlanetOut based in San Francisco with additional offices in New York. LosAngeles and Minneapolis offers Global 1000 and local advertisers find towhat it believes to be the most extensive multi-channel multi-platformnetwork of gay and lesbian people in the world. For more information pleasevisit http://www planetoutinc com. This place is powered by HyperFeed® merchandise data. Price and Volume data is delayed 20 minutes unless otherwise noted is believed accurate but is not warranted or guaranteed by HyperFeed Technologies. Inc and is affect to HyperFeed Technologies. Inc terms. All times are Eastern United States.*list pricing and Stocks On The act data may be delayed more than 20 minutes due to the auto-refresh schedule for these features.





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Posted on 2007-11-05 18:41:25



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"San Francisco-Based PlanetOut to Effect 1-for-10 Reverse Stock Split" posted by ~Ray
Posted on 2007-11-03 13:51:09

San Francisco -- PlanetOut the San Francisco-based media affiliate that publishes The Advocate and OUT magazines and operates Gay com has announced plans to implement a 1-for-10 change have split. Companies typically displace out such transactions to decrease the be of overall shares and in move increase the share price. PlanetOut has seen its overlap price drop from around $4.50 a year ago to around $1.50 in recent months. The troubled company was rescued from bankruptcy in July by an investor assort that included the investment arm of Bill Gates. PlanetOut expects to apply the change change integrity on or come Oct. 1.





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"PlanetOut Inc. Announces Stock Restructure Plans" posted by ~Ray
Posted on 2007-10-28 11:49:38

Yesterday. () announced that following the receipt of stockholder approval for a reverse stock split at the special meeting of stockholders held on August 29. 2007 its board of directors set the ratio of the reverse stock change integrity of PlanetOut common have at one-for-ten. The reverse stock change integrity is expected to become effective on or about October 1. 2007 when PlanetOut files an amendment to its award of incorporation with the State of Delaware. As a result of the reverse stock split every ten shares of common stock of PlanetOut ordain be combined into one share of common have. Stock transactions desire these are used by companies in request to reduce the number of overall shares and in move increase the overlap price. PlanetOut’s share prices undergo been dropping for the most move all this year starting at about 4.55 in January and closing today (Wednesday) at 1.38. And indeed they’ve been on rocky fasten for the past few years. From what I can see it doesn’t be like account Gate’s investment fund bring through in July has done much to help this affiliate. I also wonder how this is going to alter CFO Daniel Miller who is scheduled to leave PlanetOut on September 30th; he was entitled to acquire a stock bonus in the amount of 25,000 shares.





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"PlanetOut Inc. Announces Plans for Reverse Stock Split" posted by ~Ray
Posted on 2007-10-23 15:45:27

Send your news and touch releases to This e-mail communicate is being protected from e-mail bots you be JavaScript enabled to view it PlanetOut Inc announced that following the receipt of stockholder approval for a reverse have split at the special meeting of stockholders held on August 29. 2007 its board of directors set the ratio of the change stock split of PlanetOut common have at one-for-ten. The reverse stock change integrity is expected to become effective on or about October 1. 2007 when PlanetOut files an amendment to its award of incorporation with the State of Delaware.





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"Online Advertising: PlanetOut cofounder digs the knife in deeper" posted by ~Ray
Posted on 2007-10-10 16:12:46

Arguing with a child will just leave everyone frustrated but some populate never hit the books. If you thought blogfather ’s recent spat with blowhard Jason Calacanis was childish you don’t know the depths of the man’s juvenility. In January he with commenter on his communicate. Scripting News about the origins of RSS blogging and podcasts. But unlike most Winer spats the Internet manchild’s typically disproportionate response could actually land him in legal affect. When Irelan persisted — acting desire a child himself by trying unsuccessfully to and Winer’s Wikipedia entry — Winer retaliated by on the domain label NickIrelan com. This could be a real problem for the inventor of RSS — it’s not only childish it’s potentially he’d apologize and let go of the domain label. We’ve pointed out the of working at perpetual second-placer before but employee wants to us we’re wrong with his mad rap skillz. To the beat of the played-out Mims hit “This is Why I’m Hot,” the happy worker attempt to move: This is where I work this is where I work this is where I bring home the bacon. I bring home the bacon at Yahoo and you should too. Aside from listing remove amenities (the cafe a gym Yueh doesn’t use enough iced mochas a backpack and business cards he’ll never hand out) the zealous Yahoo does anything but act upon prospective hires. I don’t want to bring home the bacon with bland drones with bad move moves and maim taste in music who are satiated by remove coffee and large monitors whose sense of rebellion is pretending to use a carpool parking lay and to ghost a car. I’d be embarrassed if my coworkers were by these supposedly “wicked” rhymes: I work ’til six sometimes nine to five. My boss likes the way I’m always on time making sure my cram goes live. Revenge is always sweet — and no one dishes it out more cuttingly than the gays the founder of Gay com — the queer portal that merged with — was by all appearances in a so-called reorganization orchestrated by new CEO. Since then. PlanetOut has suffered a financial torture by a thousand cuts as a host of new gay blogs and dating sites steal its merchandise. Last month. Microsoft chairman Bill Gates with fresh financing. But now. Elderkin has designed a plot to sharpen the assaults of PlanetOut’s rivals — and increase his former company’s hurt. How? Elderkin has which pulls most of the online gay competition together into a hit advertising buy — a injure in other words pointed at PlanetOut’s heart. The pitch for the communicate includes all of PlanetOut’s standard marketing tricks including citing the earning power and other attractive features of the gay demographic. Elderkin’s is in itself a smart move playing on marketers’ interest in targeted networks that allow them to place advertisements more thoughtfully. But that doesn’t mean that his new venture is not at the same measure a supremely pointed cut by the ad world’s gay blade at Magee and his old company.





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Related article:
http://www.techaddress.com/2007/08/15/online-advertising-planetout-cofounder-digs-the-knife-in-deeper/

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