January 12, 2002

Life after the boom, part 372. Poor Internet Advisory Corporation. One day you're riding high, livening up a dull company name by going public with the ticker symbol "PUNK," announcing high-falutin things like "We have entered into a new frontier with voice activated web sites." and "We will offer Web hosting solutions utilizing Cobalt Networks Linux-based server appliances." Less than three years later you're enacting a 1:50 reverse stock split, getting completely out of the tech field and trying to rebuild the company by acquiring a strip club.

Scores has established a reputation for providing a quality-assured environment that we feel will expand well into the markets we have targeted," said Internet Advisory Corp.'s chairman and chief executive, Richard Goldring in a release Thursday.

Somehow, though, I can't see strip clubs taking down their flashing "Topless!" neon signs and replacing them with "Quality-Assured Environment!" ones.
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