Struggling podcasting startup PodTech isn’t closing up shop, according to PodTech VP Robert Scoble. It’s changing direction.

“Reports of PodTech’s demise are bull####!” said Scoble. “This is total, 100% bull####. Not even deserving of a response. I’m not leaving PodTech. When, er if, I am you’ll read it here on my blog.”

Daniel Lyons, writing as Fake Steve Jobs, says PodTech is “heading for the big sleep.”

“Hard to believe PodTech is going under, because they seemed to have such a solid business model,” writes Lyons. “Find people who don’t have much of anything significant or entertaining to say; film them doing this; then sell advertising against the content. What’s not to love?”

PodTech isn’t dead yet – but it looks like there are people lining up to give them a blow to the head.