It looks like the rumors of G.O writing to fans about J.Tune Camp closing was true.
According to an insider, J.Tune Camp wrapped up all loose ends in the beginning of February. Their contracts with all their artists were ended, and the managers and staff all left the company as well.
The insider told Xports News, "J.Tune Camp has basically dissipated. All the managers left, and Mad Town has signed with another label. They don't even have a celebrity that can promote, so it won't be able to be a company."