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Also, Jake, if you choose to do so, you can have the courts cancel debt if nobody comes forward to contest. It's a timely process but merits a wise look into. Sharp did it with his tickers. While you're looking into that, look into share cancelations as well. It's all possible. I've seen a lot of interesting stuff in OTC stocks.
lol 60k is nothing to Jake. He has millions and has 6 figures into this already. If we go SEC Reporting, that's even better. I'd still prefer OTCIQ, but this CEO is not a quitter. Some of the cry babies here take things personal, instead of looking at the facts and researching the potential.
Some OTC tickers started trading millions of dollars in just one day recently. That will come here to BCAP soon 🚀
Bidder moved up to .0002
.0001s gone. Can't get them.
LOL-- can't you get together and report the SAME STORY? this is not CNN or MSNBC
More problems.
Newly revealed debt exceeding $60,000 and the lawsuit against the transfer agent who is refusing to transfer the books (they might have clued into Jake P. Noch's scam).
Anyone investing in this scam with all its problems and being run by a known fraudster isn't very bright.
Lufthansa Heist!! 😂
target date for trading to resume- before the EOM https://x.com/Sunset_TG/status/1865061474382520649
LOL!!! Some update.
BCAP volume: 0
Another goose egg for Jake P. Noch and the pumpers.
did you read it???????????
did you see the last two posts? SMH
JAKE P. NOCH - BCAP CEO FRAUD PART II:
https://www.billboard.com/pro/spotify-indie-label-streaming-fraud-millions-fake-accounts-countersuit/
Spotify Countersues Indie Label, Alleging Massive Streaming Fraud & Millions of Fake Accounts
Spotify has countersued indie label Sosa Entertainment and its founder Jake Noch, alleging massive streaming fraud, unjust enrichment and the creation of millions of fake accounts to generate…
In November 2019, indie hip-hop label Sosa Entertainment and its founder, 20-year-old Jake Noch, filed a lawsuit against Spotify that alleged the streaming service failed to pay royalties on over 550 million streams of its music. The suit, which was also brought on behalf of Noch’s PRO Pro Music Rights (which was later removed), sought $150,000 in statutory damages for each infringement, and alleged that Spotify removed its music not because it detected “abnormal streaming activity,” as the service claimed, but because it was trying to dodge paying royalties on the streams.
Now, Spotify has fired back with a countersuit alleging that Noch “designed a scheme to artificially generate hundreds of millions of fraudulent streams” in order to “manipulate Spotify’s system to extract undeserved royalties at the expense of hardworking artists and songwriters.” The filing, which is supported by screenshots of messages allegedly between Noch and a “bot farmer” and charts that show streams on Noch’s music go from zero into the hundreds of thousands in a matter of days, also alleges that Noch directed the bot farmer to create millions of fake accounts and changed the names of songs in his catalog to closely resemble those of established hit songs, like XXXTentacion’s “SAD!” and DJ Snake’s “Taki Taki.”
Spotify has countersued indie label Sosa Entertainment and its founder Jake Noch, alleging massive streaming fraud, unjust enrichment and the creation of millions of fake accounts to generate…
BY DAN RYS
In November 2019, indie hip-hop label Sosa Entertainment and its founder, 20-year-old Jake Noch, filed a lawsuit against Spotify that alleged the streaming service failed to pay royalties on over 550 million streams of its music. The suit, which was also brought on behalf of Noch’s PRO Pro Music Rights (which was later removed), sought $150,000 in statutory damages for each infringement, and alleged that Spotify removed its music not because it detected “abnormal streaming activity,” as the service claimed, but because it was trying to dodge paying royalties on the streams.
Now, Spotify has fired back with a countersuit alleging that Noch “designed a scheme to artificially generate hundreds of millions of fraudulent streams” in order to “manipulate Spotify’s system to extract undeserved royalties at the expense of hardworking artists and songwriters.” The filing, which is supported by screenshots of messages allegedly between Noch and a “bot farmer” and charts that show streams on Noch’s music go from zero into the hundreds of thousands in a matter of days, also alleges that Noch directed the bot farmer to create millions of fake accounts and changed the names of songs in his catalog to closely resemble those of established hit songs, like XXXTentacion’s “SAD!” and DJ Snake’s “Taki Taki.”
Indie Hip-Hop Label Files Suit Against Spotify Over Catalog Takedown
Noch, who lists himself as the chief executive of Sosa and Pro Music Rights, as well as a handful of additional music companies, has quite the proud litigious history, having released several press releases touting lawsuits against Spotify, Apple, Google, YouTube, Amazon, SoundCloud, Pandora, Deezer, iHeartRadio and more. Pro Music Rights claims a database of some 2 million tracks, including more than 23,000 by various artists using some form of the name “LEGATO,” like LEGATO_DIMY, LEGATODE45, LEGATODI001, LEGATOGILL2002 and LEGATOKAL999, to name a few.
According to Spotify’s counterclaim, filed Monday (May 18), the service first detected artificial streaming activity on Noch’s content in March 2016 and eventually banned his music from the service, before extending that ban to all content related to Noch. Noch then tried to “smuggle” the content back onto the service using slightly different names and created millions of fake accounts to stream that music.
In June 2016, a whistleblower contacted Spotify with screenshots that purported to show Noch directing the person to create millions (direct quote: “i need millions”) of fake accounts. And while Spotify had identified the fraud a few months prior, the company had already paid a small amount of royalties to Sosa and Noch — royalties that otherwise would have gone to legitimate songwriters with songs being streamed by legitimate fans. According to the complaint, for one of Noch’s albums that jumped from zero streams to more than 400,000 in just days, 99% of its streams came from Spotify’s ad-supported free tier and from accounts registered to male users in the United States, a pattern that was also found for other works.
Noch then changed distributors and changed the names of some of his companies in order to dodge Spotify’s fraud detection systems, with slightly different artist names, song titles and cover artwork. In one section of the complaint, attorneys wrote that “analysts at Spotify found that 5,500 ‘users’ streaming one of the Sosa albums ‘originated’ from a small American town with a total population of 10,000. For that album, the stream count jumped from zero to 749,000 streams in a span of only two days… This pattern is highly anomalous and not at all correlated to any possible pattern of genuine streaming activity.”
In another example from the complaint, in what the filing calls “title track parasitism,” Noch and Sosa uploaded tracks called “SAD!” with the same punctuation as the XXXTentacion hit, and “Taki Take,” shortly after the similarly-named DJ Snake song reached the top 20 of the Billboard Hot 100. Some of the tracks that Noch and Sosa would release on Spotify were AI-generated sound loops.
In all, Spotify’s counterclaim seeks relief for fraud, fraudulent concealment, breach of contract, indemnification, unjust enrichment and deceptive business practices. As another line in the complaint reads, “This was one of the most egregious fraudulent streaming operations from a single rights holder that Spotify had to deal with in its company’s history.”
After the publication of this story, Noch provided a comment to Billboard which reads, in part, “Spotify’s claims are laughable… I also greatly look forward to the day we get to go to court, and I hope that all of Spotify’s shareholders will pay close attention to these cases… Time will prove that we are right.”
JAKE P. NOCH - BCAP CEO FRAUD PART I:
https://www.vice.com/en/article/v7gmvd/spotify-sues-self-described-music-prodigy-who-allegedly-ran-royalties-scam
Spotify Sues Self-Described 'Music Prodigy' Who Allegedly Ran Royalties Scam
Spotify says Jake Noch "[generated] hundreds of millions of fraudulent streams" and engaged in "title track parasitism" among other fraudulent practices on its platform.
JC
By Jelisa Castrodale
May 19, 2020, 4:38pm
Last November, the 20-year-old head of indie hip-hop label Sosa Entertainment filed a massive (and massively complicated) lawsuit against Spotify, alleging that the digital music service hadn't paid royalties on more than 550 million streams of its songs. According to Billboard, Sosa Entertainment founder Jake Noch also named his other company, PRO Music Rights, as a plaintiff in the lawsuit, and the co-plaintiffs sought millions of dollars in damages, asking for $150,000 for each infringement.
Noch's lawsuit accused Spotify of a number of transgressions, including unfair and deceptive business practices, willfully removing Sosa Entertainment's content, "obliterating" his expectations, and refusing to pay royalties. In a statement, Noch said that he was willing to "fight to the end" if it meant that Spotify would ultimately compensate the artists who were affected.
"I have a duty to see this through so that I can pay my artists what they are owed from Spotify," he said. "I know others feel the same way as I blaze this trail for the music community, who I know is behind me and roots for our success in bringing down Spotify."
Part of Noch's problems with the company started in the spring of 2017 when Spotify removed all of Sosa Entertainment's song's from its servers and "blanket banned" Noch and his companies from using the platform going forward. According to Noch—who describes himself as a "musical prodigy" in his lawsuit—Spotify informed him that the songs were removed because of "abnormal streaming activity," but the company didn't give him the opportunity to explain what could've caused the weird-looking streaming data. Noch has alleged that Spotify just "fabricated a reason" to kick him off the platform, in an attempt to avoid having to pay the royalties that he was due.
But in its own countersuit, filed on Monday, Spotify says no, it was just because of the abnormal streaming, and also because Noch allegedly "designed a scheme to artificially generate hundreds of millions of fraudulent streams" in order to game the system and rack up a ton of royalty payments.
"Starting in 2016, Noch designed a scheme to artificially generate hundreds of millions of fraudulent streams on songs he had seeded on Spotify’s online music-streaming service," the company's complaint reads. "Noch’s objective was plain: to manipulate Spotify’s system to extract undeserved royalties at the expense of hardworking artists and songwriters."
Billboard reports that Spotify removed Noch's content from its platform after being contacted by a whistleblower who claimed that Noch had instructed a bot farmer to create literally millions of fake accounts to stream songs from the Sosa Entertainment catalog. Spotify's own analysts became suspicious when one of Noch's records went from zero streams to 400,000 in under a week, while a second album racked up 749,000 streams in two days. (Spotify also apparently determined that 5,500 of the accounts that played the latter record supposedly all lived in the same American town—even though the town's total population was just around 10,000 people.)
The company has also accused Noch of "title track parasitism," which involves uploading songs with the same name and punctuation of legitimate hit songs. Spotify's legal filing identified two "AI-generated sound loops" that had been given the same name as then-popular tracks by DJ Snake and XXXTentacion.
"This was one of the most egregious fraudulent streaming operations from a single rights holder that Spotify had to deal with in its company’s history," Spotify wrote in its complaint. The company's countersuit is asking for compensation for a long list of Noch's alleged transgressions, including fraud, fraudulent concealment, breach of contract, indemnification, unjust enrichment and deceptive business practices.
Damn, most 20-year-olds can only dream of being dragged that hard by an international streaming service. A musical prodigy, indeed.
Look at SONG as an example of what will happen here.
It's another Jake P. Noch company. Same CEO - Same MO.
He has been using SONG as his personal piggy bank at the expense of shareholders by MASSIVELY dumping shares on the market with a 1 for 500000 reverse split (yes that many zeroes).
Even the resident pumper here had this to say about Jake P. Noch's reverse split for SONG:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174469452
Undervalued currently. There will be pumps like a TSNP type ticker here in 2025 🚀
Don't listen to the persistent bear. He personally holds a grudge against me and my success. While he never picked a winner in his life, my team and I continue to trade winners throughout the year and many years to come. Try to get in early and that's how to win. Easy to do your own DD instead of following others. Take profit and move on to the next one. Know when to exit and take an entry.
This is not a SONG, a completely different scenario.
mirror the chart- we are at bottom now! you guys will never make big bucks
No reward without risk. If you aren't willing to take a risk, you'll never be successful. It's all about opportunity. This has a huge potential.
Financial Volume $ 653 seriously- "dumpster fire?" don't be a fool.
There it is .0001.
-50%
What a dumpster fire!
Many here saw this coming long ago for this acam.
Anyone with any sliver of intelligence could see that Jake P. Noch's past scams and fraud would catch up to his current tickers which are now poisonous.
...that is except for the manipulative and lying morons pumping this garbage.
We going on a big run here when this gets current. No doubt. If over 5 million dollars can trade on a 21B Float today, millions can definitely trade here on 3.6B Float. Enjoy these end of year cheapies. It's gonna be a great new year. BCAP
that other has a massive SS- unbelieveable run!
With plenty of others to trade, why take the risk to help a known delinquent who's lost the trust of the market perpetuate his self enrichment schemes? #Prison 2025 #Stinky Pinky #Brick God