Are you ready to rock? We’ve already received quite a few submissions from Seattle-area musicians in the tech and life sciences community who want to compete in the Xconomy Battle of the Tech Bands. The big competition is happening at the WTIA Summer Celebration at the Pyramid Ale House on July 30. (Event details and band application info is here; the deadline for applicants is June 12.)

But we also got a submission we didn’t expect. It looks like tech luminaries Bill Gates and Paul Allen, a known music buff, are planning to enter the competition—at least in one alternate reality. Donn Harvey, the president of Bellevue, WA-based Protingent Staffing (and bass guitarist with Hettel Street Blues), sent us a rather unusual e-mail. It seems his company has a comic-strip superhero who works with Gates and Allen.

I’ll let the cartoons, drawn by David J. Locher, tell the rest of the story (see below):

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(To be continued…)

OK, so it’s a little self-promotional (for both of us), but we laughed out loud when we received it. Besides, it’s all in the spirit of fun and a great cause, right? We’ll be announcing the judges and prizes for the Battle soon. In the meantime, please help us spread the word, and e-mail us at techbands@xconomy.com if your band would like to enter.

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Paid, Inc., a Boston startup that provides services such as online community building, Web design, merchandising, and VIP fan ticketing to musical and sports celebrities including Patti Labele, Keith Lockhart, Doug Flutie, and the group Aerosmith, said yesterday that it has closed a $2.5 million revolving line of credit with Lewis Asset Management of New York. The company said the money will enable it to win contracts with musical artists who require advance payments for VIP ticket packages.

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