Here's the notice on their site:
Closing the Doors
bryan Apr 15
132 comments Latest by Anton Categories: Start-Ups, LuckyOliver
It's with great disappointment that we have decided to shut down LuckyOliver on May 15th. All Olivers who purchased tokens must use them to license images before May 15th, 2008. Please note that the user agreement will continue to be valid. Any Carny images that are waiting in the queue for Bouncers will not be reviewed. Carnies who have reached the minimum payout must request payout by May 15th. Carnies who have not reached the minimum payout can convert their earnings to tokens by contacting support.
Working with the creative minds that make up LuckyOliver has been a rewarding experience- two years went by fast. I want to thank our talented staff for working through long nights, our investors for giving us a shot at growing a business, our legal and business advisers for lending an ear, our customers for their positive encouragement, and our contributors who provided us with a wealth of knowledge and tough criticisms. We really appreciate all the hard work Carnies put into making LuckyOliver a special place for people to find great imagery. On a personal note, I would also like to thank my family for letting me pursue a passion that often went beyond reason.
As a leader and entrepreneur, it's tough to see something you have put so much time into not materialize into a successful business. We spent the last year looking for the funds to grow LuckyOliver because, without the addition of significant capital, the return on investment for LuckyOliver and its contributors would not be satisfactory. After reviewing the options, the investment team decided that it was in the best interest of all stakeholders to shut the company down.
Please email me if you have any comments (..and give me some time to respond). Thanks again for giving LuckyOliver a shot.
