A note from the Qtrax Team

We are a little Company. Admittedly about to do a fairly major thing- bring free & legal music downloads to the world. But even before we do, we seem to attract a lot of speculation and attention- some of it probably our fault, some of innocent, some of it not. For the record, let’s sort out the truth from the BS, if we may:

Yes, it is true that we intended having a Press Conference today. And it’s also true, that in the last week, our CEO, became ill with a generally non-life-threatening but quite painful ailment- kidney stones. And it is also true he was admitted to hospital & thankfully is leaving today. So we’ve decided to cancel the conference.

What were we going to say? Pretty simple really. That we were finally launching in January. Are we? Yes. Have we been wrong before? Humiliatingly, yes. Will be wrong this time? No.

Given the turn of events, we’ve also decided, no need for another conference- we’ll just launch. Let the fanfare follow rather than precede.

What are the pre-requisites for launch? Many- but to perhaps overly simplify it, technology and funding. We feel, in our humble opinion, that we are more than right on the technology and recently we’ve proudly raised money and had more committed. So we can finally get out of the gate. During January.

We obviously would have loved to do it before & humiliatingly announced we would- it wasn’t to be.

Finally, it has clearly been a tough year for us- and many others. But we are very pleased that we’ve survived, that our consumer proposition has evolved to be stronger than ever and that we have a host of supportive partners & friends.

We also are occasionally displeased that our teams tireless work in bringing a proposition we believe passionately in, to the world, is blatantly defamed by a very few detractors- some of whom, hide behind curious names on blogs, others are more brazen. They will not stop us from launching something that we think brings value to shareholders, partners & consumers alike. Yes, we have stumbled. Even fallen. But we’ve proceeded. They freely blend fact with fiction for their own purpose. Which is, in simple terms that we should be prevented from succeeding. And if God forbid, they are right about something, they will crow that they are right about their defamatory statements. For example, through a simple piece of detective work, they discovered our CEO was in hospital. They implied that it might be contrived (pretty disgusting but not the worst of what they do) and now they will say- see we were right, so we are right about our defamation. Well, we’ve turned the blind eye for some time to people whose identities we are all too familiar with. But our patience is just about expired.

Despite, any annoyance, we end the year happy & inspired- that in a matter of days, rather than months, we will bring our vision, for monetizing music to the world. As Bob Dylan says: “Everything gonna to be diff’rent, when I paint my masterpiece”. That worries some greatly. Pleases others hugely. Soon you’ll be the judge of what we’ve worked on for years. A good reason to rejoice. Happy Holidays!

– Qtrax Team