About a week ago, I got a report from a good source that RLD was closing down Platinum X.
Ralph at RLD posts on ADT: "I have no idea where everybody is getting their information from, But Platinum X is alive and strong and still releasing 4 movies a month. If anybody has a question please feel free to ask me. As far as Candy Shop and Amateur District, we are still releasing as we have been. The rumors are stemmed from the cut back on production. We are so far ahead on movies that we jut put a hold for a few weeks. We did it last year and the same thing happened rumors started and we are still here. So keep watching and enjoying."