Lot Essay
In 1966 Jimi Hendrix signed an employment contract with Yameta a British offshore company based in the Bahamas. ...most contracts that musicians signed in those days, including the Experience...were diabolical. For example Yameta had the right to sell Jimi's songs to a music publisher. They chose a large American company solely owned by Mr and Mrs Aaron Schroeder. As a matter of course, Jimi's entire output would have been signed away for anything up to five yrears with renewable long-term options at the publisher's discretion... (See Harry Shapiro & Caesar Glebbeek Jimi Hendrix Electric Gypsy Heinemann, 1991 pp.490-491.)