Here today, gone tomorrow. Overselling services big time.
Okay, so they've been around for 2+ years, and are located at RackShack. With those prices, they're banking that you WON'T use 100 gigs. If they had 12 customers using 100 gigs at $9.95 a month, that's less than $120.00 a month. Even on a higher end Dual Xeon, that server costs $239.00 a month (cheapest 1200 gigs a month plan). They're losing money on that.
In THIS particular case, they have 23 clients available. (
www.whois.sc/matrix-studio.com) If they're all using 100 gigs, that's 1100 gigs over monthly allocation.
1100 x $0.75 per gig is is $825. Add the $239 and you get a grand total of $1,064. If all customers are paying $9.95, that's a gross income of $228.85, leaving a negative balance of $835.15. NOT a smart business decision. I honestly don't see how they could support all of these accounts under those plans.
Just something to think about.