Just to add to Mike's statement. First off I agree this could decrease our traffic even more and make us a ghost town too. But we were forced to come to this decision because of the drop off of new signups for over a year now. We have families to support and we just can't physically keep up with the template production with the low amount of new signups. We did other things before this too like let go of our amazing forum moderator Mike Nicoll.
We don't know what else can be done right now and are open to suggestions from everyone.
I didn't not realize it wat this bad. Sorry to read this. Don't have an answers either how to increase traffic. I think maybe themes and templates are not that hot anymore. Maybe creating a good website builder is an option. Something like Divi for Wordpress. Only for Joomla.https://www.elegantthemesdemo.com/?et_fb=1
Or sell premium Extensions like this: https://www.aikoncms.com/http://www.unitecms.net/
With this things you maybe can set more or new plans to users/signups.
Lowering frequency is one thing, but to keep it all interesting there should be something you have to create or offer in my opinion. I understand it is hard and you guys have to support families.
I like Shape5 and hope you guys keep around for many years to come. Something other members also maybe like to know; we have to be sure so we also can keep up on the demand of needs of our own clients.