Is Liquid Audio in trouble?

Written by Petteri Pyyny @ 26 Nov 1999 9:16

Liquid Audio's announcement few days ago that they're going to sell 3million shares for investors to get capital for expenses has raised some rumours and wonders about Liquid Audio's future - company is obviously in financial problems since they need to sell shares to cover up regular enterprise expenses..

(article from Forbes)

<Kenwood releases first MP3 Hi-Fi system >Columbia House & CDNow merger under investigation

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Is Liquid Audio in trouble?

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