Carlos Watson, a former former cable-news commentator and host who founded Ozy in 2013, told CNBC Monday morning that he has been meeting with advertisers and investors over the weekend and that he wants Ozy to continue to be around. The company did not answer emailed questions Monday about whether employees were still working or getting paid or how Ozy intended to stay open.

The website had at least one new post as of Friday, when Ozy’s board of directors on said the company was ceasing operations. The shutdown came less than a week after a New York Times column raised questions about the media organization’s claims of millions of viewers and readers, while also pointing out a potential case of securities fraud.

The story triggered canceled shows, an internal investigation, investor concern and high-level departures at the company.

The Times story also said Ozy’s chief operating officer and co-founder, Samir Rao, impersonated a YouTube executive on a call with Goldman Sachs while attempting to raise money from the investment bank. Regarding that call, Watson said: “I don’t know. I wasn’t there.” He then went on to say that they eventually “figured out what happened,” but did not explain further. “Look — it’s heartbreaking, it’s wrong, it’s not good, it’s not OK,” Watson said. “I love Goldman, I worked there, I’ve got a lot of friends there.”