The rumors have been flying around lately about H2O's current label situation. Bassist Adam just announced via their email newsletter that they have, in fact left MCA Records:
"As far as H2O as a unit goes, we have had some big things happen of late. First up, the rumours on the yahoo message board are true and we have indeed left MCA records. We left on our own terms and wish all at MCA the very best, especially Hans, our A&R guy."
In other H2O news, the band is scheduled to get together in LA on April 12th to begin work on their new album. No word on what label may be releasing it.