Is it time for our beloved extremesurfs to end?

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I used to be a moderator in Extremsurfs Forum, or as others call it, ESF. I had to stop working in the forum because I have to give way to my new job. Have'nt had the time to go online much. While at work, I saw Cheysser, my fellow mod go online. I started a conversation with her and see how things are going in the forum. I was surprised when she told me that Austin, the owner, had sold the forum to someone named Jeffrey. He needed to sell the forum because of some personal financial matters. It's sad to wave to Austin goodbye but it's the best solution for his dilemma. Chrissie and Hula, the other 2 admins had to leave as well. Now, the worst thing isn't saying goodbye to the 3 admins. It was welcoming the new owner! The forum haven't had any activities, members are getting banned, almost all of them are banned, no one's getting paid, and no one's getting a chance to talk to the new admin! Oh an not to mention the hard-earned very high alexa rank going down! What's happening?! Why is he doing this? What's the matter with this fella? I figured that maybe he bought the forum to sell it with a higher price, but then it hit me, how can he sell it if the forum's quality went down bigtime? What's his purpose for all of these?! This is very sad! I wish I had known that Austin's selling it. If I had, I might have been the one who had bought it instead of Jeffrey!