The value of a social media business

I had spent years building this site. First from the Metroecho.com concept then to the Libertyhaus.com market site and now the  storeitorsellit.com   

   This is a site that is a working business! What other reason could their be to abandoned and destroy this asset other than to create a situation where the creditors don't get paid, and give further reason for the Trustee to charge extensive administration fees over years of administration.         

From MSLDEV

Hi I am working as a Business Analyst.I know the cost to develop an app like Facebook from few top app development companies in the world.

Let's have a loot at the same:

1. Hyperlink Infosystem: $6,000 to $30,000
2. Fueled: $100,000 to $200,000
3. Y Media Labs: $150,000 to $250,000
4. Plastic Mobile: $120,000 to $250,000
5. Fisherman Labs: $150,000 to $250,000

. Quora