Male - 26 Years Old
Looks like a scam. The site looks as if it was made in an hour. Seems like some people trying to take advantage of naive bands that might think there is an easy way to get signed. A band could do the exact same thing that this site is doing for themselves, for free. The most important things are to actually be good and work hard, not pay someone else to try to get you in with labels (especially not this site).
Also, after looking around a little bit (there isn't much to look at), they don't even dare state that they've gotten any specific artists signed or anything like that (unless I'm missing it). They have pictures of Tokio Hotel's album, The Colours, and Avatar (still don't quite understand why) and all the records labels logos, but they're just links to those artists/labels. I'd be willing to bet that the building shown on their contact page is not theirs. They're not coming out on their site and claiming that they helped sign any of those bands or worked with any of those labels (or that the building is theirs) so technically there is no lying going on, just a ridiculous amount of attempted deception.