Luckily ive never heard of them, but also I kinda agree with Bazza, a 1337 sounding name like that are gonna be a bunch of kids.. IMO.

And if they ripped me off I wouldnt be too happy.. I'd be looking into seeking damages for Breach of Contract.. paying them for hosting is both sides abiding into a contract, and taking away that service is breaching the contract. Unless they had in their rules they had the right to take away the service without refunds, which if was the case then whoever bought it needs to learn to research a tad harder :P