What happened to Needledoctor.com?

Wasn't sure whether to post this under the "Analog" heading or here, but since it's about the business generally, I thought this might be the right place. It looks like Jerry Raskin's Needledoctor site is permantely down and the business is closed. Not sure what happened there but from what I read, he seems to have left some of his customers high and dry. While I had never bought anything from that site, it was a very helpful resource for researching turntables, cartridges, phono preamps, etc. so I'll miss it. Do any of you know what happened to cause the business to close so suddenly?
Apologies for my posting if this has already been answered. I did a quick search for "needledoctor" in the forums and didn’t get any matches so I just assumed. As for window shopping, well, I plead guilty but I don’t think that’s necessarily harmful to a business. The more views the better IMO. You never know when it will turn into a sale. Oh, and thanks for the link to the Business Journal article, which was very informative.
"You never know when it will turn into a sale" Isn't a SALE......
and if enough of them don't turn into a sale, then you go out of business...great job window shopper LOL