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Are SpankingOnline failing?

I was somewhat surprised today to see on a spanking forum that SOL Digital services Ltd, the owners of the SpankingOnline empire had gone into receivership!

I could not believe it so I did some checking and it is true!

One of the casualties of this has been the producers of the Strictly English spanking films who had a marketing deal with SOL Digital whereby SOL sold their films online via their SpankingVids.com web site. It seems that Strictly English were not paid for nearly a years sales!

The owner of Strictly English posted on the forum:

“A few months ago Spanking Online (who operate Spankingvids.com) told me they were going into liquidation, which would effectively wipe out any debts they had including what they owed to Strictly English (about a years worth of subscriptions to spankingvids.com).

I offered to work with their new set-up but I’ve never heard back from them again. I was about to serve them with a long overdue DMCA, but now I don’t need to as they have done the decent thing at last & taken the site down.

I’m sorry for all the fans of Strictly English who supported the spankingvids.com site but as none of the revenue was coming back to Strictly English the situation could not continue.”

I find what appears to be a cynical  defrauding of a fellow quality film producer a reprehensible act by SOL Digital. I only hope Strictly English can survive this financial meltdown.

What I would like to know is, how can what appears to be one of the largest spanking site empires get into such financial difficulties? How long did they know they were in trouble? Why if they are in receivership do their sites now say they are based in Denmark and are still trading? Are they going to honour their bad debts?

And finally, how can Dino and Peppe, the owners of Sol Digital, sleep at night after shafting Strictly English?

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