More paying sites are shutting down...

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I am a member of a number of sites run by Harlow McGaw Media (Daily Two Cents, PenStrokes, Writedge, Listofied, Trendzic, and others) where people were given an opportunity to post their writings and earn (through AdSense, Amazon Associates, or PPV). I just learned that all those sites are going to shut down at the end of the month. My earnings to-date were way too low so I can't say that I was successful on those sites, however, it is still downing and shocking that the sites will be no more. At least we were informed about this, so we know the end is coming. And it gives us time to copy our stuff, so it's not lost. As far as I know all the sites above, minus PenStrokes, allowed us to use AdSense, so those earnings are in our AdSense accounts. PenStrokes was PPV, so the site is supposed to pay us those. I am not sure on the details but I am assuming that those that have earnings on PenStrokes, that have not reached the minimum (like me), will probably not get paid. Not sure about those that have reached the minimum. Hopefully, they will get their earnings. Why is it that all these sites that seem great end up shutting down? Guess they are not bringing enough ad revenue to sustain themselves.