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Topics - Pile of Dead Kids

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The Troubled Teen Industry / Greetings to all Netflix users!
« on: March 06, 2024, 02:30:47 PM »
It's not as bad as you think it is.

It's worse. It's waaaaaaaay fucking worse.

News Items / LaVoy Finicum, Child Profiteer, gets mown down by FBI
« on: January 29, 2016, 02:21:36 AM »
Isn't it an awesome idea to participate in antigovernment protests when you're receiving money from the government to take care of foster children which you can exploit to your heart's content?

The Troubled Teen Industry / Re: Spring Ridge Academy
« on: December 31, 2012, 03:11:05 AM »
Holy fuck, are you seriously this stupid? Is this the creation of a spambot, or did you actually go and say "I know, I'll advertise my program on FORNITS!" What the fuck is wrong with you? Do you expect anyone to take you seriously?

"These were not just any girls, these were SRA girls"

Ah, definitely not a parent then. Only a programmie could see this kind of identity mutilation as a good thing.

The rest is just such boilerplate bullcrap that it's not even worth addressing.

The Melting Pot / Children for sale!
« on: July 13, 2011, 03:09:55 AM » ... owforum=10

One of these costs $34K. Wow. That's pretty damn steep considering that you can make these things yourself.

The Troubled Teen Industry / Re: Human rights
« on: June 29, 2011, 07:09:44 PM »
Sig spammers, on the other hand, have no rights at all.

The Troubled Teen Industry / Shepherd's Hill Farm tries lawsuit threats
« on: December 27, 2010, 02:12:10 PM »
LOL, Joel's such an insecure little bitch that he moves posts around. What a faggot.

Tacitus' Realm / Psy and Ginger should host this.
« on: December 04, 2010, 09:25:43 PM »
Someone coded a program to put leaks into a SQL database with PHP.

Elan School / 'Sup, Reddit?
« on: November 27, 2010, 07:57:50 PM »
I'm assuming most of you got here after some Googling, after reading ... your_mind/ .

Congratulations, Reddit readers! You've discovered a hellhole the likes of which should never be seen in the United States. However, you've only hit the very tip of the iceberg. Welcome to Fornits!

15 ... ource=1321

Same story as the last three months. Their recovery division tries to pull them out (+$28M), but "healthy living" (-$9M) and corporate expenses (-$8M) drag them back down, and coupled with their 604 million dollars in long-term debt and its brutal interest (-$11M), the company is barely treading water.

Aspen is addressed by name in this 10Q, and they're damned:

The operations and enrollment of the Aspen programs within our healthy living division are highest in the summer months. Additionally, the Aspen programs have limited leading indicators regarding performance. As a result, we have more information in late summer and early fall around Aspen’s performance, which came in below the performance levels expected in July and August 2010. At the end of the third quarter of 2010, we reviewed actual results for graduation, admissions, and average length of stay in the Aspen programs relative to its prior forecast and fiscal year budget. In response to negative results in these areas, we further lowered our view of forecasted future cash flows for the Aspen programs within our healthy living division. As a result, for the three months ended September 30, 2010, we recognized non-cash charges related to goodwill impairment and asset impairment for Aspen in the amount of $9.1 million and $2.5 million, respectively. For the nine months ended September 30, 2010, we had recognized non-cash charges related to goodwill and asset impairment of $52.7 million and $20.5 million, respectively, for the healthy living division including Aspen.

This is the sound of a business considering dropping them like a lead brick.

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