I wouldn't be surprised at all if it were true.
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Quote:
It certainly seemed like a promising idea at the time. When ADV, already a proven market leader in anime, announced that it was expanding to become a manga publisher in 2003, the expectation was that the company could carve its own niche, perhaps even making a dent in the sales of Viz and Tokyopop. ADV President and CEO John Ledford told ICv2.com in 2004 that the company had licensed more than 1,000 volumes of manga and Korean manhwa.
Indeed, the company has carved its own niche ... but for all the wrong reasons. Analysis of an animeondvd.com database and Diamond Comics shipping lists shows that out of 79 series the company has announced since 2003, 43 have been canceled outright or put on indefinite hiatus. Another 11 were announced in 2004 but never released.
Was it a case of too much too soon, or a gross overestimation of what the market could bear? We can neither confirm nor deny what exactly happened, and repeated efforts to contact the company were unsuccessful.
For its part, ADV has tried to get back in the good graces of manga fans in recent months, completing "Full Metal Panic" and "Full Metal Panic: Overload," continuing "Chrono Crusade" and "Cromartie High School" and rolling out "angel/dust," "Lagoon Engine Einsatz," "Anne Freaks" and "Evangelion: Angelic Days." But we have to admit we're a bit skeptical.
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This is from starbulletin.com
So, they've most likely dropped it.
Jam it back in, in the dark.
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Keios 
