It started that way with Xo ... site close and then we learned of the bust. But then Xo basically splitted in 2 different agency at first, Forever and Socia. Then Forever basically became Xo (in term of roster, numbers and popularity) while Socia remain a smaller agency.
2 things are sure. The first is that some (majority) of these women need the money, so they will likely contact James and ask if he plan on "fixing it" soon or they will end up somewhere else. Either another agency or advertising on LL. The second is that James also need money, so im sure he will want to rebound as soon as possible too. Unless for whatever reason he was already considering retirement and this just become his reason to do it. I know he been at it for a while and is likely very rich now. But with money, the more you have the more you want usually... But there is also the other bookers, heck even Mike is likely still around? Remember MTL GFE was absorbed into Euphoria years ago.