Regardless of the fact that Virgin Records America is suing Jared Leto’s band “30 Seconds to Mars,” the eyeliner wearing rocker says his band has no intention of breaking up, reports E! News.

“We are incredibly happy, healthy and very much together here, in Los Angeles, recording our new record,” the 36-year-old Leto says in a forum posting on 30 STM’s Website. “Besides this ridiculously overblown lawsuit…we are having one of the most inspiring, wonderful and exciting times that we’ve experienced to date.”

Virgin Records is suing the band for $30 million for failing to deliver on a five-album contract. The lawsuit claims that Leto is obligated to make more albums beyond their 2002 self-titled debut and 2005 follow-up “A Beautiful Lie.”

“So, as you may have heard we are being sued by our former record company for the ridiculously oversized, totally unrealistic and pretty silly (but slightly clever) sum of $30,000,000. Insane? Yea that’s what we said too,” says Leto.

A rep for Virgin Records was not available for comment.