Qtrax to sign all four major labels up to its service

UPDATE: A solid month since QTrax promised deals with four major music labels quickly followed by the labels denying any deals, the QTrax site is quiet claiming "technical issues." By the time this prediction closed, the labels were still not publicly on board. The Industry Standard community was correct. --The Industry Standard

At the end of January, Qtrax, an ad-funded music service, announced it had all four major record labels signed up to deliver its exciting new product - ad-funded music delivery. Hours later almost every one the labels claimed it had no such agreement signed and Qtrax quickly retracted its claim. Will Qtrax get the labels on board before the steam runs out if its PR machine?