So from what I gather... The record is already made, and they're just holding it hostage until their fans collectively cough up 150k? Pretty dickblasty, but I guess that's one way to make sure you recoup expenses from making your shitty record.
I think this is a pretty safe assumption. I've never listened to them, but the songs they play at the end sound (if those are new) releasable in their current state - so who knows.