How to get the best of Tulsa seo site
– Tulsa Seo, which owns Tulsa-based Tulsa-area websites like TulsaSports.com and TulsaSportsRadio.com, announced Friday that it will be shutting down in January.
The company’s parent company, Seo Holdings, said the move is designed to “prevent future insolvency threats from the insolvencies of Seo-owned and controlled websites.”
The move follows a yearlong investigation by Seo into its financial condition and said it was “extremely disappointed in Seo’s lack of progress toward resolution.”
Seo has struggled to make money and, in 2016, had its website temporarily shut down for a day.
In the weeks since, Seon has said it is closing its doors and its business model is changing.
Seo is owned by the family of Mark Hulsey, the former owner of Tulsa-focused sports news website TheSportingSink.
Hulsey was indicted in March on a variety of charges including conspiracy to commit wire fraud, money laundering and false pretenses.
The former Tulsa City Council member and mayor, who ran for governor in 2018, pleaded guilty in March to one count of wire fraud.
Tulsa’s city attorney has said the city is considering a lawsuit against the company, and a jury trial is expected to begin in the coming weeks.
“While I respect the process by which Seo chose to suspend its operations, I am disappointed in the lack of a satisfactory resolution for our financial situation,” Seo Chief Executive Officer Steve Sturdivant said in a statement Friday.
“Our focus in the interim is to help our stakeholders achieve the financial stability they seek while continuing to offer an unmatched service.”
Seon said it will continue to operate on a limited basis until it is ready to start fresh operations.
The website will continue operating as a non-profit 501(c)(3) organization, but it will no longer provide financial support to its customers.
Tulsa-born Seo was founded in 1891 as a Tulsa-owned newspaper and newspaper publisher, according to its website.
The company has a history of bankruptcy.
In 2015, it filed for Chapter 11 bankruptcy protection and had its assets sold off.
In June, the company filed for bankruptcy protection again, citing a “material decline in revenue” and financial issues.
The Associated Press contributed to this report.