On Nov 23, 9:22 pm, "David Eduardo" wrote:
"IBOCcrock" wrote in message

...

iBiquty has already mentioned exit-strategies:

Exit strategies are usually focused on the point where venture capital
cashes in, and takes a company public or sells to a larger one. That can
occur well before the company is profitable and only requires a perception
of value.

iBiquity has nearly all the viable AM and FM stations in the top 100 markets
on board. If the market improves, they could probably do a very profitable
LBO immediately.

Conversions to HD/IBOC are stalling:

"Bellwether BE Makes Some Changes?"

"BE is going through some less pleasant changes right now. Within a
few weeks' time the manufacturer of transmitters and digital audio and
data products lost its global sales VP; it laid off some of its
employees; and it announced the retirement of its CEO of eight years,
John Pedlow -- news that came, at least to me, suddenly... It's
probably no secret that the rate of HD Radio adoption has slowed in
the United States. There are new opportunities that exist in other
countries; Mexico and Brazil come to mind; sales there are few but
promising. The whole industry is in a bit of a null in the HD
transition but I don't think anyone's long-term plans have changed."

http://www.rwonline.com/pages/s.0044/t.9546.html

"IBiquity Digital's Make-or-Break Point Approaches" February 2005

"If we had this conversation seven years ago and you were to tell me
that in 2004 this company would still be private and raising funds,
I'd probably have keeled over, said Thomas Uhlman, a managing partner
at iBiquity's largest shareholder, New Venture Partners LLC."

http://www.washingtonpost.com/wp-dyn...2005Feb27.html

So, iNiquity has only the $50/radio HD chipset fees to keep themselves
and the dying radio industry afloat. Investors have been waiting
forever to cash-in, hence the "couldn't be reached for comment". If
iBiquty could sell 100,000,000 HD radios, that would mean
$5,000,000,000 - the only reason they are looking at exit-strategies
is because the investors are mad-barking dogs at their door, and the
company is going nowhere!