Anybody can make a dope beat from digging in the crates, right? Hahahaaa...No! Now imagine if you are digging blindfolded. In effect, you're not even consciously choosing the records to make that 'dope beat'... Them's the rules of Rhythm Roulette!
'In the second installment of Rhythm Roulette we linked up with Grammy award-winning producer 88-Keys. From a Steve Martin standup record with no music to a hardcore noise metal record, 88 wasn't given much to work with but stuck with the challenge.'
SANTA MONICA, Calif. - ARTISTdirect, Inc. (OTC:ARTD) (BULLETIN BOARD: ARTD) a digital Internet media company, today announced that it has filed a Form 15 with the United States Securities and Exchange Commission ("SEC") to suspend the company's SEC reporting obligations.
Upon the filing of the Form 15, the company's obligation to file periodic and current reports with the SEC, including Forms 10-K, 10-Q and 8-K, will be immediately suspended.
The company expects the registration of its common stock will be terminated 90 days after such filing. Upon termination of the registration of its common stock, the company's securities will not be eligible for trading on any national exchange or the OTC Bulletin Board; however, the company's securities may be eligible for quotation on the Pink Sheets by broker dealers.
"The company's board of directors approved the filing of the Form 15 after careful consideration of the advantages and disadvantages of continuing its SEC reporting obligations," said ARTISTdirect, Inc., Chief Executive Officer Dimitri Villard. "Suspending the SEC reporting obligations will allow the company to eliminate the substantial expenses associated with SEC reporting and compliance, while reallocating those resources to support business operations. It will also enable management to focus more of its time and efforts on managing and developing the business and enhancing shareholder value.