Looks like the rumors of PubSub.com‘s closing up shop have some truth to them: The Rumors of our death are only slightly exaggerated. At least some of this seems to be related to ex-CEO Salim Ismail and fall out from him leaving. Obviously this only Bob’s side of the story (I haven’t seen any postings about Salim’s side), but at this point it looks like that doesn’t matter much.

I don’t know what sort of revenue stream they have, but sitting on $3 million in debt doesn’t make getting the black any easier.