Originally Posted by jgabra62

My sister is one of the Directors of Marketing over at Myspace and True.com is one of her clients. She claims that they do owe quite a bit of money and that there was talk of them shutting down...but nothing has been set in stone yet.
They would rather try and sell, but they apparently have way too much baggage that will come with buying the company and it would be a bad deal.
I dont know how much of this is true, but my sister is usually pretty on top of this stuff.