The Mysterious Disappearance of Callwriter.com (Part 2)

My last post introduced a forum thread discussing the sudden, unannounced 2013 closure of Callwriter.com. I generally think the financial landscape is littered with snake oil and I find it interesting when questionable/unethical things like this occur. I continue:

> Who would care for a trader who can NOT make a
> living on his own calls: let him RIP.


> Since you seem to be certain of the reason for
> his decision to close down his website, and go
> AWOL, perhaps you can clue us in as to how
> bad his calls were so the rest of us can
> potentially avoid making the same investing
> mistakes that caused him to RIP.
>
> If on the other hand, you don’t actually know
> the true facts behind his site closing down,
> and his reasons for his being “out of touch,”
> then I would humbly suggest that you are WAY
> past the point of common decency and your
> words and tone show a callous disregard for
> others.


> I was told that prepaid subscription money
> (in some cases, multi-year subscriptions)
> had been used to cover current month’s
> The source mentioned nothing about investing
> losses and I’m sorry if my previous comment
> was misinterpreted. I don’t know anything
> about his investing.
>
> The lack of subscriber growth and renewals
> meant they could no longer keep up with
> current expenses since subscribers’ money
> had already been spent. That’s the risk
> in a prepaid business model if you don’t
> separate cash you have received but not
> yet earned.
>
> I was also told that his health was fine (by
> someone who said he spoke to John a few days
> before the site went down) and that the ISP
> pulled the plug because they hadn’t been paid
> in months.
>
> I know of at least one other creditor that…
> Callwriter… owed money to, because they…
> asked me if I knew where he was. I do not…
> and I have had no contact with him since the
> site went down.

The plot thickens…