Predictify: ceasing operations & shutting down

Certainly it is not a welcoming news for Predictify users and people in future who wanted to join this website.For readers who have no idea what Predicitfy is all about, here is the brief "Predicitfy" is the platform where people like us predict & guess the future of current events, It is a prediction platform that adds an interactive, forward-looking dimension to the news. You can read a news story, make a prediction on the topic, and have a discussion with other users all in one visit."
The best part is you get paid for you opinions and predictions, if your prediction hit the bulls eye you can won the pot reward which ranges and varies, anywhere from 5$ to 300$.
The official note which confirms the news can be seen as a major note on website.
Which says "Due to the tough economic climate, we are planning to cease operations and shut down the company in the near future. As such, we are no longer approving or scoring questions and apologize for any inconvenience this may cause. If you have an account balance of $20 or more, please visit your account page and enter your withdrawal information by 11:59pm on August 31, 2009 to receive payment.

We sincerely enjoyed building and operating Predictify, and we're glad that you could be a part of it.
The Predictify Team "