There was an extensive e-mail from Karen to all her customers today and she explained what happened. I am only posting because by now these are public news anyways. This is just what I read - no personal opinions added.
If I understood correctly, when Tueday Bear needed to close, one of the WAHMs (I don't know if I am allowed to say who) offered to begin another site and her brother offered to make the website. Apparently, this WAHM decided to sell a product that would compete directly with one of the other participants products (it was an agreement in Tueday Bear that the WAHM should not compete, and only sell products in different areas). She was asked not to sell, but she decided to go ahead and do it anyway, and that caused the hurt feelings...
After that, the brother closed the moderator status and access to all other WAHMs and decided that Tuesday Noon should be under a central management. Also all participants should pay a fee...
Now the WAHMs who were dissatisfied with new model are getting together to open a new store under the old Tueday Bear model.
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