I need help. I've been a fairly dedicated XM Radio subscriber since the service was unleashed in late 2001. I new the potential and for years XM reached the potential. A wide variety of new music and old music was available, with variety being the key word. With FM radio turning into "programming by focus group" and having limited playlists I welcomed the ability to be turned on to new stuff and old stuff.
Last week XM fired all my favorite programmers, DJs, and broadcasters. This includes Rick Lambert, who programmed and did stuff for the classic alternative stuff, and Billy Zero and Tobi, who ran the college/modern alternative rock station.
I guess for now it's Pandora radio for a while. 96 Rock doesn't count. How do you listen to new music? Because I'm probably cancelling my subscription.
Friday, October 24, 2008
Monday, October 13, 2008
for those of you wondering what is going on
The Great Lab In The Sky did indeed make an offer. The offer was basically to cover most but not all of the outstanding debt of the company. If the company is insolvent, you can't be expected to have a high valuation of your company. I'm not sure what story to believe after Great Lab In The Sky made an offer. One story I hear is that the Great Lab In The Sky withdrew its offer after Bo delayed in responding to the offer. The other story I hear is that Bo was going to turn down the offer anyway.
And unfortunately both make sense. Bo has shown that he is delayed in responding and pretty passive aggressive when it comes to this kind of thing. And that doesn't help matters.
Meanwhile I got half a paycheck for September. I'm buying everyone a bean burrito at Taco Bell*.
Now, at the same time the offer was being considered, Luke sent Bo yet another round of terms for a buyout. The terms were sent on Thursday and he was asked to respond on Monday. Unfortunately Bo had to leave town for a family emergency for the weekend. So Tuesday comes. Nothing. Wednesday - nothing. Wednesday at 11am is when Great Lab In The Sky withdrew their offer. And Bo had not gotten back to Luke, although "his lawyers were working on a response."
So Luke did the smart thing. He started exerting control over his company. He sent a note to Lucifer saying he was fired. Why? Bo never told the lab if Lucifer had been fired or not. No one knew if he was still an employee or not. Will he be rehired one day if Luke leaves? I don't know. Luke also asked for/demanded the QuickBooks file for the lab and current state of the finances. He called an all company meeting Thursday and gave the latest update.
I think Bo got the message. If he wasn't going to respond to Luke or be active in managing his company that was increasingly insolvent, Luke was going to throw his weight around. Luke claims the counteroffer that was given by Bo was not close to the offer he proposed. This was Wednesday night/Thursday morning.
So lawyers for Bo and Luke sat down and hammered out details. Because meetings in person are good and meetings by people that should know what they are doing are good.
And that is the cliffhanger I will leave my dear readers with for now. We will pick back up in a week or two. If you want more up-to-date information, please contact me personally. I may or may not be able to share information.
*Not really.
And unfortunately both make sense. Bo has shown that he is delayed in responding and pretty passive aggressive when it comes to this kind of thing. And that doesn't help matters.
Meanwhile I got half a paycheck for September. I'm buying everyone a bean burrito at Taco Bell*.
Now, at the same time the offer was being considered, Luke sent Bo yet another round of terms for a buyout. The terms were sent on Thursday and he was asked to respond on Monday. Unfortunately Bo had to leave town for a family emergency for the weekend. So Tuesday comes. Nothing. Wednesday - nothing. Wednesday at 11am is when Great Lab In The Sky withdrew their offer. And Bo had not gotten back to Luke, although "his lawyers were working on a response."
So Luke did the smart thing. He started exerting control over his company. He sent a note to Lucifer saying he was fired. Why? Bo never told the lab if Lucifer had been fired or not. No one knew if he was still an employee or not. Will he be rehired one day if Luke leaves? I don't know. Luke also asked for/demanded the QuickBooks file for the lab and current state of the finances. He called an all company meeting Thursday and gave the latest update.
I think Bo got the message. If he wasn't going to respond to Luke or be active in managing his company that was increasingly insolvent, Luke was going to throw his weight around. Luke claims the counteroffer that was given by Bo was not close to the offer he proposed. This was Wednesday night/Thursday morning.
So lawyers for Bo and Luke sat down and hammered out details. Because meetings in person are good and meetings by people that should know what they are doing are good.
And that is the cliffhanger I will leave my dear readers with for now. We will pick back up in a week or two. If you want more up-to-date information, please contact me personally. I may or may not be able to share information.
*Not really.
Wednesday, October 1, 2008
so, check this out
Health insurance premiums haven't been paid for October. I have been told they have until the 23rd of the month.
Meanwhile, we may have a step towards resolution today. Maybe.
Meanwhile, we may have a step towards resolution today. Maybe.
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