I follow Janet Reid's blog (she's an agent, really great discussions of the industry), and there are a lot of stories warning against enterprises exactly like this. Just wanted to point it out. Not in sense that there's anything criminal involved, but that these companies pop up like mushrooms, created by well-meaning people who don't know their head from their ass in the industry but think they will "fix what's broken" and "help out the authors", and they end up inevitably fucking up. IDEK. I can see a lot of people jumping on offers like these without any idea what they're doing, same as people jump into self-publishing without any idea.