Is Jackson's hair made into diamonds?

One company has announced that it was turning his hair into diamonds. But this rumor is true."

The rumor mill over details of his bizarre personal life has ground away nearly non-stop ever since Michael Jackson's sudden death on June 25.

In one by-product of the "Thriller" singer's death, a Chicago company said on Friday it had obtained some of the hair Jackson burned while filming a 1984 Pepsi commercial and planned to create a limited edition of diamonds from it.

"Absolutely this is for real," said Dean VandenBiesen, founder of LifeGem, which has a patent on a process that extracts carbon from hair, turns it into crystals and then into high-quality laboratory diamonds.

VandenBiesen told Reuters he thought the company could make about 10 diamonds. No sale price has been set but VandenBiesen said LifeGem created three diamonds from locks of Beethoven's hair in 2007, and sold one of them for around $200,000.