i got a message on myspace as well, and a phone number with a name. I called the number and it was her. I talked to her a while and she was very convincing, but applying no pressure. I even asked her questions about whether or not this is real, and told her about the red flags your other posters have noted. She seemed legit. But it doesn't speak to the fact that my google search found only self-statements by artists listing - as a professional achievement - that they're now working with a&r select. meaning they're paying the 299 per six months. google search revealed no success stories, except maybe the young jewish boy.
sadly, seems like not much. If the mtv thing were true, you'd think there would be details on their site. I did find one guy who said he had signed an actual deal with/through them and i sent him a message today. not heard back yet. apologies that my first post is so long, but thanks a lot for being there as a forum so we can compare notes on these guys. thanks for the astute posts above.

jon