Well, the owner frequently posted "excuse" posts saying he couldn't pay, because they needed the money for marketing and other costs. So yes, they spent OUR money, which, if not illegal, at least is a breach of contract.
It WAS a very legit business and they are from Texas. I enjoyed some good years with them but I think he panicked these last two years because of a lawsuit and made some very bad decisions. He should never have used our 45% to cover "new marketing methods" or salaries. I can live without my $1,300 but I do feel robbed and it would be nice to get some of it back...
I'm owed well over $1,000 and it would be interesting to see if ex-authors can take action? It's likely he owes more than $100,000 so it's likely he won't be able to pay in any near future.
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