
(pic from flickr user danxoneil)
It's enough to give you a start isn't it guys? Girls Gone Wild filed for bankruptcy yesterday. The company has $16.3 million in debt and less than $50,000 in assets. It sounds like the final straw leading to this decision was because the parent company lost a $10 defamation lawsuit to Vegas hotelier Steve Wynn.
The good news for you is "Girls Gone Wild remains strong as a company and strong financially," the company said in a statement, according to The Associated Press. "The only reason Girls Gone Wild has elected to file for this reorganization is to re-structure its frivolous and burdensome legal affairs."
I was going to post a video here for your enjoyment, but I figured you would start searching YouTube on your own......happy surfing!
-Shelly Knight