He claims he has been working on a new album, teaming up with producers including the BLACK EYE PEAS' WILL.I.AM and impresario SIMON FULLER.
Yet fans are yet to hear even the hint of a new single or any comeback shows.
The troubled star has also battled an addiction to prescription drugs which started during his child molestation trial in 2005.
The star is also believed to be £170million in debt and recently sold his Neverland Ranch.
The source added: "Jacko is struggling for money and needs to work.
SHOOT: Given Jackson's use of surgical masks and gloves to protect himself from germs, it's possible the frail star was suffering from terminal disease/s. We know he had cancer; he may also have had AIDS.
It is a tragic irony that he started out as a child star being forced to work, Jackson died in similar circumstances. Forced to work, forced to make money to survive. In these trying financial times we're in, we face a similar- bleak - fate.
He has days when he is fine but others when he feels listless and too weak to walk.