If we take the artist's estimates of monies owed to them at face value, it sounds like GL probably owes all their unpaid artists at least $300,000 -- probably a lot more.

Typical royalties are what? 10% - 20% of sales? So it sounds like the label's gross sales over the period in question is at least in the $1.5 - 2.5 million range.

Those are significant numbers.