Mohamed Hadid’s friend, Joe Francis’ company, “Girls Gone Wild,” has filed for bankruptcy… but the bankruptcy will not affect Joe!
To make the GGW bankruptcy filing a bit more palatable and to give it more “respectability,” GGW has issued a statement saying that their bankruptcy is in line with other US companies… like General Motors!
GGW Brands filed for Chapter 11 in U.S. Bankruptcy Court in Central California on Thursday, claiming a little over $16 million in debts. But according to the companies, things will carry on as normal in Girls Gone Wild-land, or at least as normal as things can be there.
“Yesterday several of the U.S. operating entities for Girls Gone Wild joined the ranks of companies like American Airlines and General Motors having sought reorganization under Chapter 11 of the United States Bankruptcy code. Girls Gone Wild remains strong as a company and strong financially,” the company told TheWrap in a statement Thursday.
NOTE: Yolanda Foster’s ex-husband, Mohamed Hadid, knows Joe Francis well… well enough to invest in a helicopter with Joe… SH March 22, 2012!
Joe will not be affected by the bankruptcy because, according to Bloomberg… Joe has not owned GGW for two years.
The bankruptcy case doesn’t mention Francis or the lawsuit. It was signed by a company manager, Chris Dale, and listed its biggest debt as $10.3 million to Wynn Las Vegas. The company said it disputes the validity of that debt and a $5.8 million claim by Tamara Favazza.
GGW Brands filed for bankruptcy “to restructure its frivolous and burdensome legal affairs,” Francis’s executive assistant, Heather Brook, said in an e-mailed statement. She said Francis hasn’t owned the company for two years.
Speakin’ of the Real Housewives of Beverly Hills… and RATINGS… as much as Bravo loves to be braggin’ on how well their Housewives are doin’ in the ratings, according to TVByTheNumbers, WWE is the ratings winner in the Monday night cable ratings!
The RHOBH even got beat by VH1′s”Love and HipHop” in the 8 pm time slot!
NOTE: It is no wonder that Bravo has been providing MORE and EARLIER “sneak peeks” of the RHOBH to garner more interest for the BH franchise in the hopes that their waning ratings will pick up!
As for the Atlanta franchise, they are still skeered of going back to their Sunday night 9 PM time slot… they were also being slaughtered in the ratings by “HereComesHoneyBooBoo”!
“MobWives” also got the message re “Honey…” and they skeedaddled outta the 9 pm time slot, moving to 10 pm a few weeks ago. It would have been VERY interesting if MobWives had moved to 8 pm and had a head-to-head with those “brown girls” from Atlanta! Interestingly, Bravo has NOT been braggin’ about the Atlanta ratings… as their ratings are also tanking…
As for “HoneyBooBoo”… if you hadn’t heard, Honey and all her kinfolk are gonna be redneckrepresentin’ the USA internationally! “Honey” has been airing in Poland and is number three in the ratings there… “Honey” will soon be airing in Australia, The Netherlands, Latin America and Italy.
TLC has taken a page from Bravo’s book and is offering a huge selection of over-priced “HoneyBooBoo” junk to purchase! And, just like anything “Housewives”… watch out for those “fees” and outta whack shipping charges!
- Additional Details
- Capacity: 11 oz.
- Made Of: Ceramic.
- Represent the only testosterone in the estrogen filled house with the Here Comes Honey Boo Boo Sugar Bear Mug. Mama proclaimed “Sugar bear my baby daddy!” and now you can, too, with this 11 oz. mug.
That would be $24.90 for YOU to drink your coffee out of an 11 ounce cup which you can buy at Target for $.99… paint your own “HoneyBooBoo” quote on it yerself!