Brilliant Technologies Corp. (fka BLLN)

[Wayne Rosso]

There really isn't one, so to speak.

As reported in CNET:

"Qtrax still owes some of the big labels money and must get caught up before the three-month period ends or lose the rights to the songs"

What this means is that he's told the labels that if he can launch a product with 3 of the 4 majors he can get a new investor and then pay them what he owes them---which is significant. After the 90 days I would expect that the labels will have nothing more to do with Qtrax as they have no interest in supporting that model, whatever it really is. The space has moved rapidly and the Qtrax model with very tightly tethered DRM downloads and even their player and website are straight from 1997.