Future of Spiral Frog in doubt?

"Spiral Frog CEO Robin Kent has pulled out of an appearance at Midemnet, prompting speculation about the company's future", wrote MusicWeek yesterday. Interesting - very interesting. Perhaps they could not get the advertisers/brands behind it? As we know, all the major record labels have signed letters of intent with spiral frog - so I don't see lack of content as the reason. We'll see....