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Old April 2nd 08, 08:51 PM posted to rec.radio.shortwave
IBOCcrock IBOCcrock is offline
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First recorded activity by RadioBanter: Aug 2007
Posts: 707
Default iBiquity gets emergency cash infusion to stay in business

On Apr 1, 3:27�pm, "David Eduardo" wrote:
"friendlyneighborhooddisease" wrote in message

...

Went to the well for $15MM in VC blood money.


That's not emergency funding, it is normal developmental money for such a
business. Some of the biotech companies have been funded for more than a
decade like this... and XM and Sirius even longer... with no prospects of
making money.


Yea, HD Radio is trying to hitch a ride on the near-bankruptcy
Satellite Radio - losers deserve losers!