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Monday, February 22, 2010 10:14:30 PM
http://www.secinfo.com/d12TC3.v1BUs.htm
HINDSIGHT RECORDS.
The thrilling discovery that there was a vast repertoire of Big Band music which had never been released to the public, led to the formation of Hindsight Records. When Wally Heider, a producer for the Company, learned that broadcasts of certain Big Band recordings had never been commercially released he decided to secure the licensing rights and transfer these one-of-a-kind originals to records and cassette tapes of the highest quality using state of the art equipment.
· Hindsight’s principal products were CDs and cassettes tapes of Big Band recordings. It also expanded into well-known jazz artists and singers of the great standard songs such as Doris Day, Rosemary Clooney and Mel Torme.
· Our products were sold primarily to independent records distributors.
· Our main supplier was Michele Audio.
· We previously owned Hindsight Record’s numerous copyrighted songs and recordings.
In December 2005, Hindsight was re-acquired by the Purchaser in exchange for canceling the $800,000 promissory note owed payable by the Company to the Purchaser as part of the original purchase price.
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