We're very confused.

Yesterday, news broke that a Jasmine Waltz sex tape would soon hit the market. But the former David Arquette (and Ryan Seacrest... and Chris Pine... and Jesse McCartney) lover said she was "absolutely shocked" by the development.

This is way too easy.

Now, however, sources confirm to TMZ that Waltz and her manager met with Vivid Entertainment last year and actually signed a contract. It stipulated that Jasmine could pick her own "male talent" and would be paid $60,000 up front, along with 25% of the "back end" profits.

But the deal fell apart and, somehow, someway, a supposedly private video of Waltz and someone she claims to be an ex-boyfriend has leaked online. It's a shocking situation, akin to learning that Keeping Up with the Kardashians actually scripts its storylines.

[Photo: WENN.com]