We're not floating anywhere - the structure is more defined than it has ever been. Here goes:

D&M Holdings are the parent company

Digital Networks North America is a new subsidiary of D&M

Rio, ReplayTV and Escient are the operating divisions within DNNA, effectively operating as independent companies. There is also a back office division which is shared by everyone.

The former empeg team work for DNNA in their Rio division. The president of Rio and almost everyone else within the division are the same people we have been working with closely for the last year or more. All the projects we have been working on - such as the cute new HDD portables - are continuing on schedule. The v3 car player is effectively the codebase from the "Pearl" project, which is why it continues to get substantial development hours. My justification for releasing the car player version of the build is to get testing for Pearl, and it makes a lot of sense - everyone a winner.

Rob