Sooo a brand new member with no other posts shows up with a "too good to be true" kind of offer? In the interest of fairness, let's investigate, shall we?
From their agreement:
And then:
Then:
So, in short, you're signing into a 3-year, auto-renewable contractual agreement to allow only Load.CD to handle all your music publishing, distribution, and performance rights granting. That means you're signing away your right to spread your work through as many venues as possible. And, by the way, if you breach that agreement you get to pay no less than $10,000USD per work (!!) that infringes the terms. Want to escape the contract? You get to pay any outstanding balance between you — and the numbers are scary, check the appendix.
Oh, and if Load.CD happens to forget to pay you (deprived earnings), or totally destroy your work (loss of data), they've excused themselves from liability so you can't touch them. Nice. I'm not even going to try and decode what the hell "slight negligence" might refer to.
But the best part of this deal is that the final term in the contract says that Load.CD gets to arbitrarily pick which of your works they're actually going to provide these services for. So not only are you granting them exclusivity to publish and distribute your music, but you're giving them the right to totally ignore you if they so choose.
So. It looks like a scam, smells like a scam, walks and even — as we've seen — talks like a scam. Thus: SCAM.
QED.