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FRIENDFINDER NETWORKS INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

358453 30 6

(CUSIP Number)

December 31, 2011

(Date of Event which Requires Filing of this Statement)

 

 

 

 

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CUSIP No. 358453306		13G		Page 2 of 7 Pages

1.		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Absolute Income Fund, L.P.
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)    ¨ (b)    ¨
3.		SEC USE ONLY
4.		CITIZENSHIP OR PLACE OF ORGANIZATION   Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5.		SOLE VOTING POWER   0
		6.		SHARED VOTING POWER   1,666,972
		7.		SOLE DISPOSITIVE POWER   0
		8.		SHARED DISPOSITIVE POWER   1,666,972

9.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   1,666,972
10.		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ¨
11.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   5.12%
12.		TYPE OF REPORTING PERSON (see instructions)   PN

CUSIP No. 358453306		13G		Page 3 of 7 Pages

1.		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Income Fund (GP) Limited
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)    ¨ (b)    ¨
3.		SEC USE ONLY
4.		CITIZENSHIP OR PLACE OF ORGANIZATION   Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5.		SOLE VOTING POWER   0
		6.		SHARED VOTING POWER   1,666,972
		7.		SOLE DISPOSITIVE POWER   0
		8.		SHARED DISPOSITIVE POWER   1,666,972

9.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   1,666,972
10.		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ¨
11.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   5.12%
12.		TYPE OF REPORTING PERSON (see instructions)   OO

CUSIP No. 358453306		13G		Page 4 of 7 Pages

1.		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Ben Christian Rispoli
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)    ¨ (b)    ¨
3.		SEC USE ONLY
4.		CITIZENSHIP OR PLACE OF ORGANIZATION   Sweden

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5.		SOLE VOTING POWER   0
		6.		SHARED VOTING POWER   1,666,972
		7.		SOLE DISPOSITIVE POWER   0
		8.		SHARED DISPOSITIVE POWER   1,666,972

9.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   1,666,972
10.		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ¨
11.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   5.12%
12.		TYPE OF REPORTING PERSON (see instructions)   IN

CUSIP No. 358453306				13G		Page 5 of 7 Pages
Item 1(a). Name of Issuer:
FriendFinder Networks Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices:
6800 Broken Sound Parkway Boca Raton, Florida 33487
Item 2(a). Name of Persons Filing:
Absolute Income Fund, L.P. Income Fund (GP) Limited Ben Christian Rispoli
Item 2(b). Address of the Principal Office or, if none, residence:
Absolute Income Fund, L.P. Governor’s Square, Suite 4-213-4 Grand Cayman KY1-1206 Cayman Islands   Income Fund (GP) Limited Governor’s Square, Suite 4-213-4 Grand Cayman KY1-1206 Cayman Islands   Ben Christian Rispoli 27 boul. Albert 1 98000 Monaco Principality of Monaco
Item 2(c). Citizenship:
Absolute Income Fund, L.P. – Cayman Islands Income Fund (GP) Limited – Cayman Islands Ben Christian Rispoli – Sweden
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e). CUSIP Number:
358453306

CUSIP No. 358453306		13G		Page 6 of 7 Pages

 

 

	(a)	¨	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
	(b)	¨	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
	(c)	¨	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
	(d)	¨	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
	(e)	¨	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
	(f)	¨	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
	(g)	¨	A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
	(h)	¨	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)	¨	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
	(j)	¨	Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

	(a)		Amount beneficially owned:  1,666,972
	(b)		Percent of class:  5.12%
	(c)		Number of shares as to which the person has:
			(i)	Sole power to vote or to direct the vote  0
			(ii)	Shared power to vote or to direct the vote  1,666,972
			(iii)	Sole power to dispose or to direct the disposition of  0
			(iv)	Shared power to dispose or to direct the disposition of  1,666,972

 

 

 

 

 

 

 

CUSIP No. 358453306		13G		Page 7 of 7 Pages

 

 

 

 

 

 

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURES
	After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: November 16, 2012

 

 

	ABSOLUTE INCOME FUND, L.P.
	By:	Income Fund (GP) Limited
	Its:	General Partner
	By:	/s/ Ben Christian Rispoli
	Its:	Director
	INCOME FUND (GP) LIMITED
	By:	/s/ Ben Christian Rispoli
	Its:	Director
		/s/ Ben Christian Rispoli