Stripchat.com removed from the service.

admin
Site Admin
Posts: 3629
Joined: Fri Mar 09, 2012 10:36 pm

Stripchat.com removed from the service.

Unread post by admin »

Hi all, today 2 members were suspended on Stripchat, unlike the rest of the sites, Stripchat wont be paying any of their earnings to us, as members are paid daily they will already have the funds in their accounts, unfortunately for us it means we lost around 2-3 months worth of profit. Losing this kind of money means its no longer sustainable to operate on Stripchat.com and will therefore close the service there to new signups.

Any existing accounts will continue to work as normal at this time. A full closure of the studio may be looked into but we'll inform individual members if that decision is taken.

Thanks all.
Landline - 02080508019 12midday - 2pm Mon - Fri - feel free to call us.

admin
Site Admin
Posts: 3629
Joined: Fri Mar 09, 2012 10:36 pm

Re: Stripchat.com removed from the service.

Unread post by admin »

Hi all, unfortunately another member has been suspended on SC, all tokens earned on the account have been taken from the studio balance.

This brings the total amount of members banned to 5, across these 5 members it easily wipes out our profit since we added the site to the service so the setup will have to change.

New procedure is as follows:

We will be taking some time to work out the average over the past few weeks of a members earnings and holding it on the balance for later payout, this is to try and minimise the effect of a ban and loss of funds if it happens. If the account is banned the funds wont be paid out (as SC will of taken them from us).

We'll contact each member individually letting them know and giving them the figure, then let them decide whether to stay inside the studio still or go independent.
Landline - 02080508019 12midday - 2pm Mon - Fri - feel free to call us.

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