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Not only is it three day notice--they are still selling books knowing they won't be paying the authors. Several authors have been unable to get on the site and deactivate the books. Over on an author thread a number of authors mentioned it was their second best site for sales.
I concur that sales dropped off severely in the last year. Many authors assume it is due to KU. I've no idea if that is the case, but this is the third fairly large romance site that has shut down (Elora Cave, Samhain and this one. Samhain was supposedly rescued at the last second, but I haven't checked that status.)
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