‘Girls Gone Wild’ Has Gone Wildly Bankrupt

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Joe-Francis

Chronic masturbators across our great nation are flying their Kleenexes at half-mast today in honor of a fallen friend.

The company behind the Girls Gone Wild video series that features “girls next door” expressing their hatred for their fathers by publicly exposing themselves for our twisted amusement is officially bankrupt, according to Reuters.

GGW Brands claimed in its Chapter 11 filing that it has more than $16 million in unpaid debts on its books and a measly $50,000 in assets. A big chunk of that is directly the fault of its founder and creator Joe Francis (seen above) who owes casino mogul Steve Wynn more than $10.3 million from a defamation lawsuit in which Francis claimed Wynn threatened his life for not paying back a gambling debt. The company also owes another $5 million court order payment from a lawsuit brought by a woman who didn’t give the company her or her “two friends” the proper consent to appear in one of their videos.

But don’t fret. A statement from the company said that this filing will not affect their stockpile or output of nudie videos and that they remain “strong as a company and strong financially.” However, if the unthinkable happens and you start to panic that Girls Gone Wild is going out of business, you can turn to a massive, free stockpile of porn better known as “the Internet.”

via Reuters

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