Updated 14Nov08:
Visit The McDonalds and the Sale of Homeschooling Today for further updates.
Note: The information on the above site has been amended, and additional information about the matter will be forthcoming. I have been granted permission to post this quote (from a contract employee and potential buyer) regarding the unpaid debt incurred by Homeschooling Today when under the ownership of James M. McDonald V:
Because James couldn't meet the print deadline, he began to label the editions according to the season, e.g., Winter Edition or Spring Edition. I noticed this and told him that this was dishonest. When I found out that he wanted to use another print company to print his magazine because he still owed too much money to his regular print company, I told him that this was not ethical. He wrote back that it was ok because he had the intention to eventually pay his regular print company. I was asked to sell anyway, which with a good conscience I could no longer do. When James terminated our work relationship I could only say that I had completed all tasks he had asked me to do that I believe I with a good conscience could do.
NOTE: Post amended 14Nov08. More information concerning this matter will be forthcoming at a later date.