Is BlogBank bankrupt? I can see that they no longer have any ads running. They seem to be in perpetual state of disarray, no emails and no updates about anything for their supposed ad network. BlogBank, as per my understanding, is owned by Jayvee Fernandez, a "famous" blogger who was recently featured in the Nokia Ovi ad campaign. The Blogbank blog has not been updated for months and Blogbank payments have not been made for the period of since 8 months ago. In 2008, Blogbank boasted that it made 4 payments. Now in 2009 and it is November now, I wonder if they will even make a new payment, no announcement or whatever.
I emailed all, except the known Blogbank owners,(yes they have blogs too and runs Blogbank ads in them too) the Blogbank publishers who received payments the last time, and most of them were totally disappointed and have even took down the ad scripts. So, back to my original question, and the purpose of this post, Is BlogBank still in business or have they closed down already? What happens if they did? Will they pay first before closing?
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