PassAlong Networks; Our File No. 09-6790
Dear PassAlong Client:
I am an attorney with SettlePou, counsel for Tennessee Pacific Group, LLC d/b/a PassAlong Networks ("PassAlong") and this communication is being sent to you in connection with your online digital music store agreement with PassAlong ("Agreement").
Over the past few years, PassAlong has been a major contributor to some of most innovative technology for the digital music industry. PassAlong has been honored to have the opportunity to help "pave the way" for this new music format and delivery medium. It has truly enjoyed seeing relationships created, companies grow, as well as individuals alike using PassAlong-powered services.
As many of you are aware, Apple's iTunes has dominated the digital distribution of music and left "non-Apple solutions" with little alternative but to combine forces with larger firms, for the benefit of scale and efficiencies. As evidence to this point, several of PassAlong's competitors have gone out of business in the last few months.
Currently, several parties have expressed interest in acquiring the Storeblocks™ and Spearkerheart platforms. We are hopeful that such an acquisition will occur.
Please note that all music content is now being suspended. PassAlong has terminated or is in the process of terminating access to all music content it provides to the StoreBlocks platform and all other music stores and kiosks it powers. No sales or song redemptions will be permitted for the affected content.
PassAlong would like to thank you for your confidence and the privilege to serve you! PassAlong remains hopeful that third parties interested in acquiring the StoreBlocks assets will be able to service you in the future.
If you have any questions please do not hesitate to contact me. PassAlong has sincerely cherished being able to serve you and continues to wish you success in all your future endeavors.
Respectfully,
James M. Stanford, Licensed in Texas & Idaho
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