Specific terms of the deal are not disclosed, however Adult Entertainment Capital has agree to provide credit to the publication and its holdings from time to time for operating expenses as the company expands into other entertainment delivery systems.
AEC President and CEO, Milton "Todd" Ault III says, "Although Adult Entertainment Capital does not invest in singular publications as a rule, we made the decision to invest in the niche market and broadcast opportunities that exist with Stiletto Magazine considering publisher, Gary Gottlieb's forward looking business plans."
Stiletto Magazine proudly maintains the single largest distribution coverage by an adult nightclub focused publication in Nevada and California, with a circulation of 60,000 through entertainment venues, adult and mainstream retailers, lifestyle events and news racks.
Mr. Gottlieb keeps Stiletto Magazine socially acceptable by design. "We provide industry news not only for the adult nightclubs, but we also cover all adult industry news, along with signature insider authored columns, that are exclusive to Stiletto. Our covers feature the most exciting women in adult entertainment. We also showcase our version of the 'centerfold' common to gentlemen's magazines, our Ms. Stiletto. Each Ms. Stiletto is an acclaimed house entertainer from a California or Nevada adult nightclub. We pride ourselves in providing provocative pictures and stimulating stories to an audience across all demographics, while remaining a PG-13 rated publication." -- Adult Entertainment Capital, Incorporated