Platform Update

^ This doesn't look good, just seen this on their site.

^That popped up when I logged in to their site about an hour ago, and I have to agree mate - it doesn't look good for sure

The restructuring bit is also most worrying, it does seem the company is in a far more precarious & serious situation finanincially than we all probably first thought but we have known about for some time and now they are now rearing their head and to me, this certainly does look like the only avenue they will probably explore is where they are possibly looking to sell the company/site pretty quickly. Not only that it also tells me is that possibly the fines from OFCOM have possibly crippled St66 to this point in time and now suddenly threaten the final nail in the St66 coffin.
And to be honest it isn't best time of year for any company to put out that kind of statement either when we are starting the run up to Christmas.

We all have to hope that they get this resolved asap and can resume their creator output but I would think if things aren't resolved in the next few weeks we could be looking at the final end happening pretty quickly

Away from that I have to say once St66 had closed the TV studio I had been wondering just how they could keep afloat as a cam site - and even then,I felt it probably was os only a matter of time before they would put out a statement of this nature, and this statement proves to me that decline of st66 is accelerating.
But most of all, I feel for the babes as many - that I have got to know well over the months and years - I think will not have much choice left or will be in a very difficult position of what to do next - should it mean that the final days of St66's very existence are nigh.

Restructuring Firm is that another word for administrators

Hmmm

https://twitter.com/walker_teejay/status...1052669953

Doesnt look good

I am wondering if the girls themselves really knew how bad things really were with St66 and I quickly responded to TJ to find out what she and the girls knew.
IMO I think the girls need to get legal advice pretty quickly to see what their legal rights are, IF administrators are being called in, because firstly they are not full time employeees and laws about companies in adminstration may be different regarding when you are not full time employees of a company.

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(03-11-2022 05:32 )HannahsPet Wrote:  Restructuring Firm is that another word for administrators

That's how I would see it mate and tbh I think if they are going into administration I reckon the babes will be the last in line to be paid.

From Emma C OF page
Another Kick from S66!

Not sure your all aware but l went to log onto S66 this morning to find a message saying they were closing their site down.
We have only been paid a certain % of what we made in October, and l wont see anything from my Cam show yesterday.
Its a absolute joke, so l wanted to let you all know as im aware that some of you used the site, and im not sure what's happening with credits etc.

On the bright side, l will be camming with the more reliable Adultwork & Babestation from now on. Of course your have me on here as normal & offering all my other bits too.

I guess it really is the end of S66, that's a massive shame, with a bit of luck maybe the restructure can save them.

By turning them into a PPV site similar to AW and BSCams, instead of the OF and TV channel hybrid they tried to be.

I would say mate it depends how deep are the problems to make any restructure workable, and how big the debts are, which are I suspect OFCOM related and it has been a huge bolt from the blue this morning.

No restructure would be workable now i mean what assets do they have seems to be all liabilitys

Girls wouldnt work for them now after they were shafted

hopefully the girls have other income streams and cam accounts so its not a total drop in money they need to survive