((RAIN)) Rainmakers-Island

[Silverstone]

Some DD on BLLN:

FACT: Qtrax has signed a deal with Warner/Chappell, meaning that the company now has agreements in place with the “big four” music publishers: EMI Publishing, Universal Publishing, Sony/ATV and Warner/Chappell.

comment: these 4 publishers are the biggest. Why would they sign with BLLN unless they see potential?

link: http://www.musicweek.com/story.asp?sectioncode=1&storycode=1034210&c=1

FACT: The P2P service made public a legitimate deal with Universal Music Group, the world's largest major label, on Tuesday

comment: Universal Label is the biggest of them all! The others are soon to follow, IMO.

link: http://blog.wired.com/music/2008/05/qtrax-inks-deal.html
Associated Press link: http://ap.google.com/article/ALeqM5gUiUM7D5ibA1Nf5u08i0_RTmq1nAD90GFB700
link to Universal news: http://new.umusic.com/News.aspx?NewsId=624

FACT: Qtrax website now has 16 countries available for viewing songs, up from about 9 yesterday.

link: www.qtrax.com

Also, they have Qtrax version 0.3 now, as opposed to version 0.2 as of a few days ago: http://music.qtrax.com/loginUserAction.do?action=loginPage

SUMMARY: This stock has been trading sideways for about a month now, near 5 cents. Seems strange that the volume has stayed this low, but I guess people are skeptical about it. Ask yourself this question though, how many times has Universal Music Group signed a contract with a Pinksheet company like this one?

Probably never, but I could be wrong...