RMS555
2 weeks ago
NEWS: Music Licensing Inc. (OTC: SONG) and Jake P. Noch Family Office, LLC. initiated communication with the Government of Jamaica regarding Investment Treaty Claims on February 13, 2024.
Naples, FL, April 10, 2024 (GLOBE NEWSWIRE) -- Music Licensing Inc. (OTC: SONG) (OTC: SONG), in collaboration with the Jake P. Noch Family Office, LLC., has officially reached out to the Government of Jamaica through formal communication facilitated by their legal representatives, Transnational Matters PLLC, with Davy Karkason Esq. ACiarb on February 2024. This communication aims to initiate discussions regarding potential claims under the Bilateral Investment Treaty (BIT) between the United States and Jamaica.
The letter submitted to the Jamaican authorities signifies the commencement of a six-month "cooling-off" period, a prerequisite step outlined in the BIT. This period is designed to allow both parties the opportunity to explore amicable resolutions and avoid arbitration. It follows the procedure of the US-Jamaica BIT to initiate arbitration at the end of the 6-month cooling-off period.
The initiation of this process marks a significant step by Music Licensing Inc. (OTC: SONG) and the Jake P. Noch Family Office, LLC. in safeguarding their investments and ensuring that their rights under the BIT are fully respected. The team at Transnational Matters PLLC, with its extensive expertise in international law and investment treaties, is committed to representing its clients' interests throughout this negotiation phase.
Music Licensing Inc. (OTC: SONG) and the Jake P. Noch Family Office, LLC. remain hopeful that a constructive dialogue with the Government of Jamaica can lead to a mutually beneficial resolution. This approach reflects their commitment to maintaining a positive and cooperative relationship with the Jamaican government while also upholding the principles of fairness and justice that underpin international investment agreements.
Music Licensing Inc. (OTC: SONG) and the Jake P. Noch Family Office, LLC. ("Claimants") are prepared to proceed to Investment arbitration under ICSID should the parties not reach an agreement within the specified cooling-off period.
Further updates will be provided as discussions progress and more information becomes available. https://www.otcmarkets.com/stock/SONG/news/story?e&id=2822113
Hey Jake, the CEO of SONG; Where is the share buyback? Did you already buy shares of SONG with your $415. (four hundred fifteen dollars) in the bank at the end of the year or are you on the bid for a little over 4 million shares? lol
barnyarddog
2 weeks ago
https://promusicrights.com/
Business Description
Pro Music Rights is the 5th public performance rights organization (PRO) to be formed in the United States. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Fall Out Boy, and countless others, as well as Artificial Intelligence (A.I.) Created Music.
https://www.otcmarkets.com/stock/SONG/profile
barnyarddog
2 weeks ago
On March 25, 2024, Music Licensing, Inc. (OTC: SONG) instructed its legal counsel to withdraw the legal action filed against FINRA. This action was initiated to seek a declaratory ruling requesting FINRA to process the Reverse Stock Split. Music Licensing, Inc. firmly believes that FINRA will imminently process the stock split. Upon the occurrence of the Stock Split, Music Licensing, Inc. anticipates being able to execute its growth strategies through the continued acquisition of royalty-generating Intellectual Property (IP).
Music Licensing, Inc. recently acquired royalty interests in Listerine "Mouthwash" Antiseptic on February 22, 2024, and has previously acquired royalty interests in musical works by industry luminaries such as Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey. The company is confident that upon the successful processing of the reverse stock split in the near future, it will be able to utilize the reimbursement clauses within our CEO's Court-approved 3(a)(10) arrangement to finance further acquisitions of royalty-generating IP.
Management envisions scaling these acquisitions of royalty-generating IP to achieve positive cash flow for the company, enabling it to cover operational costs and fund additional acquisitions for sustained growth. Furthermore, management intends to implement a long-term Buy-Back program once the company achieves self-sustainability, utilizing a percentage of cash flows from these acquisitions to counteract the potential dilutive effects of the court-approved 3(a)(10) arrangement held with Jake P. Noch and Jake P. Noch Family Office, LLC.
While acknowledging that dilution in any form is not favorable to shareholders, management believes that the long-term benefits outweigh the negatives. The reimbursement process under the court-approved 3(a)(10) arrangement does not accrue interest and necessitates pre-payment for assets by Jake P. Noch / Jake P. Noch Family Office, LLC before seeking reimbursement through the court-approved arrangement.
This withdrawal of legal action against FINRA underscores Music Licensing, Inc.'s confidence in the imminent processing of the Reverse Stock Split and its commitment to executing its strategic growth initiatives.
Forward-Looking Statements:
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.
Non-Legal Advice Disclosure:
This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.
FORM 1-U
https://www.otcmarkets.com/filing/html?id=17397660&guid=rzQ-kab2dG_GB3h
SEC Filings
https://www.otcmarkets.com/stock/SONG/disclosure
barnyarddog
2 weeks ago
News https://www.otcmarkets.com/stock/SONG/news
Music Licensing, Inc. Addresses Shareholder Inquiries Regarding Stock Consolidation and Strategic AcquisitionsGlobeNewswire | 04/02/2024
Music Licensing, Inc. Welcomes Public Participation in Q&A SessionGlobeNewswire | 03/26/2024
Music Licensing, Inc. (OTC: SONG) Initiates Strategic Stock Restructuring and Highlights Key AchievementsGlobeNewswire | 03/12/2024
Music Licensing, Inc. (OTC: SONG) Announces "Penny Stock Exempt" Status and Launches Licensing Enforcement CampaignGlobeNewswire | 03/05/2024
Music Licensing, Inc. Clears "Shell Risk" Designation from OTC Markets Group ProfileGlobeNewswire | 03/01/2024
Music Licensing, Inc. Issues Cease and Desist Notices in Response to False Narrative CampaignGlobeNewswire | 02/27/2024
Music Licensing, Inc. Addresses Targeted False Narrative Campaign on Social MediaGlobeNewswire | 02/27/2024
IAPT
3 weeks ago
SONG officers need to be removed. FINRA, SEC, OTCM, U.S. Gov't ALL culpable, complicit, guilty of malfeasances, entrapment, intent to commit fraud, incompetence, fiduciary incompetence in allowing or participating in Dark Pools, etc,
space1230
3 weeks ago
So the little boy managed to dump 2.2 billion on shareholders since he halted all OTCM updates on the s/s? We knew he was diluting, but never thought he got that many out. Why there is a .0001 bid here, I'll never know
As of April 2, 2024, there are 3,001,750,199 shares of Common Stock outstanding, along with one share of Preferred J stock outstanding. Following the anticipated stock consolidation to be processed by FINRA, the outstanding shares are expected to be reduced to approximately 6,004
RMS555
3 weeks ago
News Yesterday; To break it down it says there are a little over 3 billion shares outstanding and after reverse split there will be around 6k shares outstanding! Who will be the lucky shareholders of a company that has a 6k Outstanding Share count?
Naples, FL, April 02, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG) a diversified holding company, today responded to select questions from shareholders regarding recent developments and future plans.
One of the primary inquiries from shareholders pertained to the number of outstanding shares. As of April 2, 2024, there are 3,001,750,199 shares of Common Stock outstanding, along with one share of Preferred J stock outstanding. Following the anticipated stock consolidation to be processed by FINRA, the outstanding shares are expected to be reduced to approximately 6,004. This influx of additional outstanding shares was strategically implemented to enable shareholders to lower their cost basis before the consolidation takes effect. Additionally, this adjustment ensures that the company can maintain market maker quotations in round lots of 100 shares without any single lot exceeding 5% of the company.
"We recognize the importance of providing clarity to our shareholders regarding the number of outstanding shares and the rationale behind the stock consolidation," said Jake P. Noch, Chief Executive Officer at Music Licensing, Inc. "Our decision to increase the number of shares before the consolidation is part of our commitment to transparent and responsible corporate governance."
Furthermore, the company expressed enthusiasm for the post-consolidation period, citing numerous opportunities identified during the first quarter of 2024. While the company had to exercise caution to ensure sufficient cash reserves until the completion of the stock consolidation by FINRA, it remains confident in its ability to pursue strategic acquisitions thereafter. Opportunities such as acquiring Jimi Hendrix and 2pac catalogs, expanding Listerine royalties, securing Deadmau5 & Skrillex catalogs, and exploring additional hip-hop catalogs are on the company's radar.
"We are extremely excited about the potential opportunities that lie ahead for Music Licensing, Inc.," added Jake P. Noch. "The forthcoming stock consolidation positions us well to capitalize on strategic acquisitions, further enhancing our position as a diversified holding company."
Music Licensing, Inc. reaffirms its commitment to delivering long-term value to its shareholders and stakeholders alike. Mr Jake, the CEO of SONG, there are more concerns from shareholders (which I am not one of) that havent been addressed!
RMS555
4 weeks ago
It wasn't set, but a 1-U filed with the SEC on March 13 stated: On March 11, 2024, Music Licensing, Inc. (the “Company”) announced the ratio of its previously disclosed stock consolidation (Reverse Stock Split) of 500,000:1. The Company anticipates that the immediate market reaction to this announcement may be negative. However, the Company firmly believes that once the stock consolidation becomes effective, it will significantly improve the Company’s position.
The Company has conducted a comprehensive analysis and determined that the stock consolidation is intended to result in a share structure similar to that of LICT Corp. (OTC: LICT) as of March 13, 2024. LICT Corp. served as a primary model for the Company’s decision-making process regarding this aggressive stock consolidation.
Furthermore, the Company acknowledges that failure to implement the stock consolidation before the end of March 2024 may result in significant adverse effects and potential loss of opportunities. The Company remains committed to executing the stock consolidation within the specified timeframe to mitigate potential risks and enhance shareholder value. (bold emphasis mine) https://www.otcmarkets.com/filing/html?id=17364705&guid=lpd-kno1-l2jJth
There will be "significant adverse effects" if its not done this month, whatever that may mean especially coming from the CEO of SONG.
He also started to sue FINRA because they asked for additional documents to process the reverse split but then backed off.
RMS555
4 weeks ago
That is a great question to submit to the CEO of SONG (Jake P Noch) through email since he wants to be transparent with his investors. In alignment with our commitment to transparency and open dialogue with stakeholders, Music Licensing, Inc. welcomes questions from the public on a wide range of topics related to its diverse portfolio, business strategy, and industry insights. Questions can be submitted via email to Investors@promusicrights.com https://www.otcmarkets.com/stock/SONG/news/story?e&id=2806798
Just remember; no hard questions since he will pick and chose what questions he wants to answer since its through email, LOL.
I was intrigued from the PR on 2-6 about https://www.otcmarkets.com/stock/SONG/news/story?e&id=2759684 Open Market Buybacks: Shareholders will receive information regarding the company's open market buyback program, reflecting its commitment to maximizing shareholder value. but now it seems that won't happen anytime soon since yesterdays filing states: Furthermore, management intends to implement a long-term Buy-Back program once the company achieves self-sustainability, utilizing a percentage of cash flows from these acquisitions to counteract the potential dilutive effects of the court-approved 3(a)(10) arrangement held with Jake P. Noch and Jake P. Noch Family Office, LLC. https://www.otcmarkets.com/filing/html?id=17397660&guid=Yad-kacHN5wfJth
Hey Jake P Noch; What happened with your statement of 25% of royalties going to purchase shares? Now you are waiting for "self-sustainability" before doing a share buyback? Do you really need $12 million a year (at least) before you reward shareholders?
lolololol @ the CEO of SONG (Jake P Noch)
RMS555
4 weeks ago
well the CEO of SONG is no longer trying to sue FINRA, im pretty sure he knew he would lose:
On March 25, 2024, Music Licensing, Inc. (OTC: SONG) instructed its legal counsel to withdraw the legal action filed against FINRA. This action was initiated to seek a declaratory ruling requesting FINRA to process the Reverse Stock Split. Music Licensing, Inc. firmly believes that FINRA will imminently process the stock split. Upon the occurrence of the Stock Split, Music Licensing, Inc. anticipates being able to execute its growth strategies through the continued acquisition of royalty-generating Intellectual Property (IP).
Music Licensing, Inc. recently acquired royalty interests in Listerine "Mouthwash" Antiseptic on February 22, 2024, and has previously acquired royalty interests in musical works by industry luminaries such as Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey. The company is confident that upon the successful processing of the reverse stock split in the near future, it will be able to utilize the reimbursement clauses within our CEO's Court-approved 3(a)(10) arrangement to finance further acquisitions of royalty-generating IP.
Management envisions scaling these acquisitions of royalty-generating IP to achieve positive cash flow for the company, enabling it to cover operational costs and fund additional acquisitions for sustained growth. Furthermore, management intends to implement a long-term Buy-Back program once the company achieves self-sustainability, utilizing a percentage of cash flows from these acquisitions to counteract the potential dilutive effects of the court-approved 3(a)(10) arrangement held with Jake P. Noch and Jake P. Noch Family Office, LLC.
While acknowledging that dilution in any form is not favorable to shareholders, management believes that the long-term benefits outweigh the negatives. The reimbursement process under the court-approved 3(a)(10) arrangement does not accrue interest and necessitates pre-payment for assets by Jake P. Noch / Jake P. Noch Family Office, LLC before seeking reimbursement through the court-approved arrangement.
This withdrawal of legal action against FINRA underscores Music Licensing, Inc.'s confidence in the imminent processing of the Reverse Stock Split and its commitment to executing its strategic growth initiatives (bold emphasis mine) http://archive.fast-edgar.com/20240326/A722MQ2CLM22UZ8L222M2ZY2F5GHC222Z262/
Funny, now there will be a Buy Back once SONG is profitable! So after the CEO gets his $12 million paycheck and after bonuses paid to the Board of Directors, there will be a Buy Back. This CEO is on a good one still!
Viewmont
4 weeks ago
It's a start.
The Q&A session aims to provide deeper insight into Music Licensing, Inc.'s operations, future plans, and its role within various industries. Select questions received will be answered by the company's leadership team and subsequently shared with the public via a press release.
"We encourage all interested parties to participate by submitting their questions," added Jake P. Noch. "We look forward to engaging with our stakeholders and providing meaningful responses that contribute to a better understanding of Music Licensing, Inc. and its diverse interests."
The deadline for submitting questions is March 28, 2024. All submissions should be sent to Investors@promusicrights.com with the subject line "Q&A Submission." Please include your name and contact information with your question.
RMS555
4 weeks ago
Email all of your questions to Jake, the CEO of SONG..... He will pick and chose which questions he wants to answer, so no hard questions please. LMFAO!
Music Licensing, Inc. Welcomes Public Participation in Q&A Session
Naples, FL , March 26, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a distinguished diversified holding company with interests spanning various industries, is excited to announce an opportunity for public engagement. Under the leadership of CEO Jake P. Noch, the company will be hosting a Q&A session open to all interested individuals, providing a platform to directly address inquiries to the company's leadership.
In alignment with our commitment to transparency and open dialogue with stakeholders, Music Licensing, Inc. welcomes questions from the public on a wide range of topics related to its diverse portfolio, business strategy, and industry insights. Questions can be submitted via email to Investors@promusicrights.com.
"As CEO, I understand the importance of engaging with our stakeholders and providing clarity on matters of interest," said Jake P. Noch. "This Q&A session allows us to directly address inquiries from our valued investors, partners, and the wider community."
The Q&A session aims to provide deeper insight into Music Licensing, Inc.'s operations, future plans, and its role within various industries. Select questions received will be answered by the company's leadership team and subsequently shared with the public via a press release.
"We encourage all interested parties to participate by submitting their questions," added Jake P. Noch. "We look forward to engaging with our stakeholders and providing meaningful responses that contribute to a better understanding of Music Licensing, Inc. and its diverse interests."
The deadline for submitting questions is March 28, 2024. All submissions should be sent to Investors@promusicrights.com with the subject line "Q&A Submission." Please include your name and contact information with your question.
In addition to this opportunity for engagement, Music Licensing, Inc. has achieved significant milestones. Notably, the company attained "Penny Stock Exempt" status on March 05, 2024, and the removal of the "Shell Risk" designation from our OTC Markets Group profile on March 01, 2024. These accomplishments underscore our commitment to upholding the highest standards of corporate governance and transparency.
Furthermore, Music Licensing, Inc. recently completed the acquisition of a royalty interest in the renowned Listerine "Mouthwash" Antiseptic on February 22, 2024. This strategic endeavor, alongside our earlier acquisitions of royalty interests in musical works by industry luminaries such as Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey, serves to expand our portfolio and solidify our position as a prominent player in the music licensing and intellectual property domain.
In addition to these achievements, Music Licensing, Inc. reported exceptional financial performance, with stellar earnings announced on February 26, 2024. The company's sustained success is attributable to our innovative approach to music licensing and our steadfast commitment to delivering maximum value for our esteemed shareholders. https://www.otcmarkets.com/stock/SONG/news/story?e&id=2806798
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okwife
2 weeks ago
duelittle2
3 weeks ago
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