Kenneth Guarino, currently President-CEO of Capital Video Corporation, was previously Chairman and CEO of South Pointe Enterprises, a seller of adult videotapes, magazines and sex toys. The Wall Street Journal profiled Guarino and South Pointe in 1994:
…Mr. Guarino is a rich man. He lives in a luxurious home on Narragansett Bay, drives a Mercedes, and–federal prosecutors in the Las Vegas case say–has numerous foreign bank accounts.
On a recent morning at the South Pointe warehouse, two dozen stock workers are collecting bar-coded videos and marital aids from a maze of inventory piled on 15-foot-high shelves. “These are your rubber goods,” Mr. Guarino says, gesturing to the far corner. “They never go out of fashion.”
Later in the day, his wife stops by the corporate offices with their 18-month-old daughter. The little girl wiggles free of her mother and wanders into the wood-paneled board room where her father is.
Would Mr. Guarino ever let his daughter watch his films? Absolutely not, he says. And does he watch them himself?
“Never,” he says. “It’s like selling doughnuts. After a week or two you aren’t going to want to eat any more doughnuts. It’s just a business. I like to watch the numbers.”
Excerpted from “Porn Broker: A Publicly Held Firm Turns X-Rated Videos Into a Hot Business”, The Wall Street Journal, July 11, 1994
you two are absolutely redicilous, i dont know if this is a publicity stunt or your just %&^@*% in the head!? crime comming from a little porn, give me a break thats bull$%@#! since that shop has been in Hadley, no more “crime” or anything else except for making more money for the town has come from it! a business should not be limited to certain spots because of a couple bitchy people, they have the same rights as any other business! as for being close to a residential area… were isn’t? is extremely populated, and i for one
(and most likely the majority of the town) would be for this store! my advice to you is “grow up, get the %$#@ over it, and when the store opens ,go there, and spend a lot of money because your two’s sex life obviously sucks and is extremely limited, open your minds its 2006 not 1920!!!