I'm curious. When you guys get a few finished tracks together that you're ready to shop around, what is your process? Do you submit to every label that you think your music will suit, or do you submit to a few, wait for a reply and then move on to another few if rejected/no response?

Also, since alot of labels are currently accepting digital submissions, do you send them high quality mp3's(256-320) or mid quality(160-192)?