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Reminder, Davy is not a practicing securities attorney, he is not familiar enough with securities law and has made numerous "mistakes" even after being corrected via email and confirmed receipt. I doubt he gets immunity in this case when he is the one purposefully misrepresenting the law so his client can steal money from the market.
Also, keep a lookout here. I have confirmation from 3 actual securities attorneys and the SEC directly that this is not allowed. Wonder what they do:
https://www.sec.gov/enforcement-litigation/litigation-releases
LOL!!!
Idiot lawyer's opinion, literally stating the opposite of the law, defrauding the court in favor of unlawful realized theft of over $600k from the company and investors:
... vs the actual law per the SEC that states without question what they are doing is illegal:
https://www.sec.gov/corpfin/staff-legal-bulletin-3a
CLICK THIS: https://y.yarn.co/dc62e032-7441-4f43-b0f2-f2a3adf3ba6e.mp4
Bahahahaha!!! Judge Manalich Is the same judge as the scam John Doe case. If he does sue anyone they can bag him there too 😂😂😂😂
This is so funny
The Dunning-Kruger effect
He is about to see how a judge knowing the actual law and that he and Davy hid it from him acts. Bet they aren't smart enough to address it before the hammer hits. So stupid and arrogant.
When Judge Manalich reads this case:
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-23206
Then reads this PR from Jake and all the supporting tweets:
https://www.newsfilecorp.com/release/190909/Music-Licensing-Inc.-SONG-Unveils-Extraordinary-Strategic-Masterplan-for-Unprecedented-Growth-and-Financial-Eminence
This is going to be be biggest LOL ever. Jake and his idiot lawyer are simply not prepared for what is about to happen. Imagine being a judge reading a case where both sides of a 3a10 colluded to defraud the court, received court approval, was caught, and received jail time across multiple 3a10's... then seeing multiple 3a10's in front of him from Jake where they are purposefully hiding information from the court.
This si going to hilarious when they don't address either issues (the case cited about capital formation or addressing the affiliate issue) and the Judge is like "So, why didn't you address this even though I have written acknowledgement you knew prior?"
Then shareholders are in the 3a10 fairness hearing bringing it up saying he defrauded the courts and investors for over $600k so far. Going to be a hoot.
Jake really poking the bear here with this update. I wonder if someone informs the judge of Section 5 of the 3a10 that explicitly states affiliates are not allowed this exception under and circumstances:
if the sellers are not affiliates of the issuer of the Section 3(a)(10) securities and have not been affiliates within 90 days of the date of the Section 3(a)(10)-exempt transaction
affiliate restrictions of Plaintiffs, JAKE P. NOCH et al. with Defendant, MUSIC LICENSING, INC.
This !!!
Don't give the ambulance chasing scumbag any money.
Don't give the ambulance chasing scumbag any money.
scam
far from meaningless Gensler is right in the with SBF His Daddy then coinbase gets sued that was to get attention in a different direction, then Crypto crash to $14000 who did that help blackrock, ,then Bitcoin ETF and everything there is on the OTC has been driven down below zero who does that help NYSE or nasdaq short sellers. I do not trust anybody at the top that operates just like Madoff.
https://nypost.com/2023/10/05/sec-chair-gary-gensler-faces-heat-over-sbf-ftx-ties/
Hello !
Hello all! I can speak for Attitude Dance Center in the matter of this case. This case is total bullshit as you are all aware. I was scammed into a 5 year contract to be billed for 11 studio locations…I literally opened my on dance studio a year ago and have one location. This case and the legal fees attached at killing me. Never did I think that simply filling out an info sheet to learn more about this company would then lock me falsely into a contract and I would be getting served a lawsuit while I was at the studio teaching. I know everyone seems to hate these people but please keep my studio, my dancers and my family in your prayers as we push through to battle this out. I’m so ready for this nightmare to be over. I just pay we can stay financially afloat to see this to the end. —ADC
Office of Attorney General
State of Florida
The Capitol PL-01
Tallahassee, FL 32399-1050
Bingo again she shouted !!
A Wells Notice perhaps?
That may be a new term for Jake.
Oh shoot!!! If you really wanna pee in his cereal I can tell your lawyer how to shut down his illegal funding in a week 😂 That is what he is using to fund these lawsuits.
Oh shoot, I forgot you have a chad as your lawyer, he is smart and is doing it right! Notice how as soon as you took action they completely shut down any responses or progress? Yet they are pushing forward with any other case they can scare them into paying or get a default.
I hope yall do a class action. He needs punished for being so awful.
You have my prayers and support, anything I can do to assist. Happy to email you back and forth, I have a whole file on this scammer. If you haven't already, please check in with the Florida AG's office to report this clear scam website. The worst part of all of this, you filled out the form because of his fraudulent marketing. There are no 2.5M songs, they are all fake, he scammed people into filling out a form to provide services he himself has made sure he could not perform. He is banking on default judgements and luck and is currently stealing from the company to fund the legal bills.
I know you likely know this, but I will happily provide anything to your attorney as I have others.
Also, don't worry, he may he plucked from the streets at any moment due to some other more serious crimes committed at any moment. Everything is in motion.
Your attorney is on the right track...
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Yes,... So sorry you and the others got victimized in that way. What Jake pulled with that is really low even for a penny stock scammer, it's outrageous. A decent lawyer should be able to get that suit tossed and with a judgment of attorney's fees and damages. Though collecting from Jake is going to be tough.
Criminal charges against Jake and his attorneys with prison sentences and restitution are also very much deserved.
Good luck
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Hello all! I can speak for Attitude Dance Center in the matter of this case. This case is total bullshit as you are all aware. I was scammed into a 5 year contract to be billed for 11 studio locations…I literally opened my on dance studio a year ago and have one location. This case and the legal fees attached at killing me. Never did I think that simply filling out an info sheet to learn more about this company would then lock me falsely into a contract and I would be getting served a lawsuit while I was at the studio teaching. I know everyone seems to hate these people but please keep my studio, my dancers and my family in your prayers as we push through to battle this out. I’m so ready for this nightmare to be over. I just pay we can stay financially afloat to see this to the end. —ADC
A Wells Notice perhaps?
That may be a new term for Jake.
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You can take Brick God Sosa outta da streets, but ya can't take da streets outta Brick God Sosa. Shiiiiiiiiiiiiiiiiiiiiet
That is freaking hilarious!!... Lol... Best part is, I don't see how this fixes anything. It's likely just makes shit worse! The SEC hates when scammers try to scam the SEC! LOL!!
JOINT MOTION TO AMEND ORDER
Defendant, MUSIC LICENSING, INC., and Plaintiffs, JAKE P. NOCH et al., by and
through undersigned counsel, agreed to file this joint motion to amend the Order that approved
the Section 3(a)(10) Settlement Agreement. In support thereof, the parties state the following:
1. Plaintiffs filed a declaratory action against Defendant on or about November 15, 2023.
2. The Plaintiffs sought Declaratory relief recognizing the Section 3(a)(10) Settlement
Agreement.
3. A Section 3(a)(10) settlement agreement, in the securities law context, refers to a
method by which a company could settle pre-existing debt obligations such as unpaid
operational expenses by issuing common stock to the creditor. See TD Ameritrade,
Inc. v. Kelley, No. 15CV714-PAC-FM, 2016 WL 11483847, at *1 (S.D.N.Y. Aug. 1,
2016), report and recommendation adopted, No. 15CIV714PACFM, 2016 WL
5660399 (S.D.N.Y. Sept. 30, 2016). Section 3(a)(10) of the Securities Act of 1933, as
amended (the “Act”), provides an exemption from the Act’s registration requirements
for certain securities exchanged as part of a settlement agreement.
4. A fairness hearing was held on December 7, 2023, to approve the application of the
Section 3(a)(10) exemption to the referenced Settlement Agreement.
5. This Court Ordered its approval of the Section 3(a)(10) exemption on December 7,
2023.
6. However, the parties agreed that some language should be added to the Court’s Order
to clarify the Order and its application.
7. The parties agreed to request that the following language be added to the Order as part
of the Section 3(a)(10) exemption for clarification purposes:
a. The Section 3(a)(10) exemption applies directly to the underlying shares of
common stock of Defendant, MUSIC LICENSING, INC., and, accordingly,
such shares Plaintiffs, JAKE P. NOCH et al. do not need to rely on Rule 144
or any other exemption from the Act’s registration requirements in respect of
shares of Defendant, MUSIC LICENSING, INC.’s common stock to be issued
to Plaintiffs, JAKE P. NOCH et al. in connection with their Settlement
Agreement. Neither Plaintiffs, JAKE P. NOCH et al. nor the shares of common
stock of Defendant, MUSIC LICENSING, INC. issued or to be issued
pursuant to the Section 3(a)(10) exemption are subject to compliance with any
of the provisions of Rule 144, including, but not limited to, volume limitations
of the sales thereof and any affiliate restrictions of Plaintiffs, JAKE P. NOCH
et al. with Defendant, MUSIC LICENSING, INC.
b. The Section 3(a)(10) exemption is to be applied to previous transactions
issuance transactions by Defendant, MUSIC LICENSING, INC. to plaintiffs,
JAKE P. NOCH et al. and their respective affiliates. Amounts previously
realized under any sale transactions of shares of common stock of Defendant,
MUSIC LICENSING, INC. will be deducted from the current amounts
outstanding under the Settlement Agreement and/or future balances as onetime deductions of the current amounts remining to be satisfied by the
Settlement Agreement and the Section 3(a)(10) exemption.
c. Issuances by Defendant, MUSIC LICENSING, INC. of shares of its common
stock under the Settlement Agreement pursuant to the exemption from
registration under the Act provided by Section 3(a)(10) do not need to be
accomplished in limited tranches, and there is no restriction on the issuance of
such shares.
d. The 3(a)(10) exemption provided by this Court’s Order is not linked to the
public market per-share price of common stock of Defendant, MUSIC
LICENSING, INC. and is solely based on the funds realized by Plaintiffs,
JAKE P. NOCH et al. from the sale of such shares.
WHEREFORE, based on the foregoing, Defendant, MUSIC LICENSING, INC., with the
consent and agreement of Plaintiffs, JAKE P. NOCH et al., respectfully requests that this Court
amend its Order dated December 7, 2023, by adding the referenced necessary and requested
language set forth in Section 7 of this motion.
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$SONG: DIRTY JAKE NEW FILING TODAY LMAO !!!
It's the dirty gift that just keeps on giving folks......DIRTY JAKE and DIRTY DAVY are "trying" now to "justify" their bullshit WORK-AROUND aka ILLEGAL SKIRTING of the SEC RULE 144 requirements as to DIRTY JAKE and his scam-a-lama-ding-dong criminal $12 million "salary" hustle......
THIS is getting good folks - ME...ME....me thinks THE SEC is on this shit heap like a pack of flies on a hot summer day.....THAT is the only thing that "explains" this latest set of circus stunt legal filings........
23 07/16/2024 0 Motion for Clarification - Stipulation
READ THAT - it's comedy central hustler-con gold.......:))
"Ya sees yo honor....because I'm a dick brained rich kid with my momma Regina Noch trust fund golden spoon shoved up my skinny gangsta rapper dumb ass.....with a desperate nobody stupid attorney who will take my cash - ya sees....THAT means them ole SEC RULE 144 RESTRICTIONS on insider stocks n shit....that be rapper speak yas honors....it means thems damns pesky SEC LAWS don'ts dunn applies to me bros...sees....cause we just bes makin up lots legal shit n stuff here.....so dat be hows wes explains it to ya'll n thanks ya kindly honors...."
The NAPLES KID aka DIRTY JAKE is in a deep shit hurt locker legal shit hole here kids....and now he knows it......and he's grasping while suffocating.....
The SHIT is about to hit the proverbial ventilation system here.....and I got popcorn ready and waiting.....this is getting damn good now....like juice in the squeeze time kinda good :))
$SONG: CRIME SCENE IS "ACTIVE" GETTING HOTTER !!!
Let's flush this out a bit:
- Originally Beard represented Jake and Transitional Matters (Davy) represented SONG, Jake was paying both lawyers to represent him on both sides.
- Davy was legally responsible for protecting SONG and the interest of the company financially, not Jake.
- Jake's shame employment contract was already a convertible note and restricted under Rule 144, the company was not obliged any $$$'s for this.
- Meaning, the best interest of the company, per Jake's own interviews, was for those share not to convert and be sold into the market (see two interview on Youtube). He could convert, but would be unable to sell share anytime soon and even then he would have to leak them out slowly or register them and warn shareholders.
- Davy then went on LinkedIn and bragged about getting the 3a10 for Jake... he didn't represent Jake. See post here: https://www.linkedin.com/posts/transnationalmatters_3a10-settlement-in-securities-transnational-activity-7142737574372020224-48ef/
- And now, 7 months later, one of his attorney's is tagged into what has been called a completely legal and closed matter?
Something smells fishy. Maybe these idiots figured out what they did was SUPER illegal? But probably not since they are trying to do it to multiple other companies. Oh well, when the fireworks hit, should be hilarious. Popcorn is ready, they have not accepted what is coming their way.
11-2023-CA-003193-0001-XX Noch, Jake P Plaintiff 11/15/2023 CA Other Circuit Civil Reopen
Noch, Jake PParty Attorneys Plaintiff (aka DIRTY JAKE)
Jake P Noch Family Office LlcParty Attorneys Plaintiff (aka DIRTY JAKE)
Music Licensing IncParty Attorneys Defendant (aka DIRTY JAKE NOCH)
22 07/15/2024 0 Stipulation/Notice of Substitution of Counsel
23 07/16/2024 0 Motion for Clarification - Stipulation
Meaningless, Gensler has nothing to do with this. The CEO is dumping shares on the market and no one will buy it because they know it is a scam. If you buy crap, you can't complain about losing money.
scam
I have to retrack one stock SBNY i bought 1000 shares at 10 cents it went to nothing then went up past $2.00 up to $3.75 I sold it and made a few dollars on the expert market. The question was that because of Gensler or the FDIC because they have never issued any current papers for the SEC from the FDIC
Gensler so far is an absolute zero on every issue. However if stock make a comeback on the expert market then it may make Gensler look good.
Some are such obvious scams people should know better.
Scam
I use to win some and loose some until Gensler arrived when he took over i was a looser on everything
Aways someone or something else's fault. It's a hurricanes fault, it's otc markets fault, it's FINRA's fault, it's tick flippers fault... The use of social media, 3a10 exemption and the court system is legal, however the misuse and abuse of them are not.
Let's flush this out a bit:
- Originally Beard represented Jake and Transitional Matters (Davy) represented SONG, Jake was paying both lawyers to represent him on both sides.
- Davy was legally responsible for protecting SONG and the interest of the company financially, not Jake.
- Jake's shame employment contract was already a convertible note and restricted under Rule 144, the company was not obliged any $$$'s for this.
- Meaning, the best interest of the company, per Jake's own interviews, was for those share not to convert and be sold into the market (see two interview on Youtube). He could convert, but would be unable to sell share anytime soon and even then he would have to leak them out slowly or register them and warn shareholders.
- Davy then went on LinkedIn and bragged about getting the 3a10 for Jake... he didn't represent Jake. See post here: https://www.linkedin.com/posts/transnationalmatters_3a10-settlement-in-securities-transnational-activity-7142737574372020224-48ef/
- And now, 7 months later, one of his attorney's is tagged into what has been called a completely legal and closed matter?
Something smells fishy. Maybe these idiots figured out what they did was SUPER illegal? But probably not since they are trying to do it to multiple other companies. Oh well, when the fireworks hit, should be hilarious. Popcorn is ready, they have not accepted what is coming their way.
So ... Jake is dumping Charlie Beard:
Charlie is the Managing Partner at CBMultifamily, PLLC, a Private Equity consulting firm that has transitioned into a Securities law firm assisting investors who have been defrauded.
There is a very pertinent case the SEC and I discussed his mirrors, but is way worse. That case was sent to Jake and his idiot lawyer. What Jake did was worse than that. Lets just say... he's screwed.
Yes... Though I've seen the SEC take 3a10 vitiations pretty serious. A few of those had criminal prosecutions alongside.
Jake may get a chance to learn to rap in the pokie perhaps.
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It's almost like if no one takes him serious.
That is odd... And still nothing happening with Jakes social media lawsuit. None have responded with answers.
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You are going to lose all your money.
Why would Jake P Noch be substituting council on his 3a10 lawsuits in Collier County when they are already closed?
Everyone get your popcorn! Jake has made a change of attorney on the 3a10 case in Collier County from last year. I wonder what is brewing, other than a huge fine and potential jail-time. I wonder if anyone used the anonymous tip system to send in all the info on 3a10, the law, and why he and his lawyer(s) defrauded the courts to steal $12M per year from SONG shareholders and is trying to get $6M per year from another company... potential for more in process.
I wonder who might have done that and reported them all...
bought a couple of more
why because I always try to buy some after a reverse split just in case it goes back up.
Maybe get a dividend
$SONG: $1K CASH w/ $400K Payable = BK !!!
Jakey Boy can jerk off all day long about his bad fantasy.... "$12 million ANNUAL never ending salary"..... but this shit show crime scene is now so ill-liquid after the circus stunt 1 for 500K reverse split..... and the SCAM IS SO EXPOSED .....LIL DIRTY JAKE will be an old man in a prison cell....STILL jerking off....and lucky if he collects a few $grand off this.... "Noch FAMILY offices".... hustle gone bad......
https://www.sec.gov/Archives/edgar/data/1671132/000121390024061149/ea020940401ex99-1_music.htm
Lil LATE too LMFAO - WTF is up with that ??????
This ole DIRTY JAKE SCAM is beyond baked and done - the Q-1 (crowdfund "auditor" a con) is a unmitigated DISASTER and clown show filing LMFAO !!!
CASH ON HAND aka REAL CASH and not the scam "receivables" aka lawfare hustle is (was in rear view mirror) : $1,395.00
JUST ACCOUNTS PAYABLE aka BILLS DUE RIGHT THE HELL NOW aka 30 to 45 net at best : $405,760
THAT by ALL generally accepted accounting principles is INSOLVENT and pre-BK and there ain't no debating it - this SCAM is done !!!
DIRTY JAKE aka JAKE P NOCH NAPLES - he can wet dream his criminal $12 million "salary" and fantasy $18 Ma MILLION "severance" till the sheep in his dick brained busted head come home and it AIN'T GONNA CHANGE A THING at this ill-liquid con-n-crime scene STINKY PINKY SCAM SCAM SCAM !!
They have ZERO "revenue" and DIRTY JAKE ain't collected so much as 10 cents on his crime-a-thon lawfare clown show cases - soon to be tossed and get his sorry ass con attorney(s) aka the Swiss clown dis-barred among other "things" about to happen here "soon" :))
ASSET-a-CON PROTOTYPICAL SCAMMARY OF gross "ASSET INFLATION" via bullshit such as "Goodwill" etc. WTF "goodwill" does this crime scene scam and basically worthless "Website" and ONE MAN CLOWN SHOW KID aka DIRTY JAKE the wanna-be "gangsta rapper" have.....WTF "goodwill" ????
NO ONE would pay $5 bucks and a cheap bowl of soup to be tied to or hitched to this crime scene - IF this scam had even REMOTELY the bullshit invented and pulled from his skinny momma's boy ass $BILLION in fake revenues - EVERY major angel fund and venture capital investor in Silicon Valley aka Sand Hill Road would be literally beating the NAPLES KID MOMMA'S CRIB door down to get to this "company" - all except THEY ARE NOT and no one of any note even knows this scam even exists, nor do they give a flying F !!!
INTANGIBLE aka FAKE "ASSETS" line entry "GOODWILL" : $3,550,601
DOG SHIT ALERT - invented fake number DOG SHIT RED ALERT LMAO !!!
REVENUE-a-CON aka the FAKE AS JAKE $1 Ba Ba BILLION "invented" bullshit "revenues" aka WE GOT YOU TO CLICK A SCAM WEBSITE CRIME HUSTLE that do not exist and will end up getting the NAPLES KID criminally prosecuted IF I have anything to say about it "soon" -
Current Assets
Bank Balance : 1,395
Accounts Receivables : 1,158,100,319 (FAKE)
Allowance for Doubtful Account (1,120,237,941 ) MORE THAN FAKE
Total Current Assets 37,863,773 (Absolutely BULLSHIT FAKE - DEFCON ONE RED ALERT KINDA SCAM FAKE !!!)
AND the clown of clown entries in that shit filing Page 15:
8.3 Severance Package Obligation
The Company has entered into an employment agreement with its CEO, Jake P. Noch, which includes a severance package clause. According to the terms of this agreement, the Company is obligated to pay a cash severance package of $18,000,000 in the event of the CEO’s departure, regardless of the reason for departure. This obligation is recognized as a contingent liability and will be recognized as an expense in the period in which it becomes probable that the CEO will depart and the amount becomes reasonably estimable.
As of March 31, 2024, the Company has not recorded a liability related to this severance package obligation, as the triggering event for the payment has not occurred and the departure of the CEO is not deemed probable. Management will continue to evaluate this obligation at each reporting period and recognize the liability and related expense when the conditions for recognition under GAAP are met.
You got it the OTC is so bad for reverse splits I have many in my account with just a few left.
After so many years when and if the thieves ever get caught are they all going to visit Louis XVI or spend time in the colesseum with the Christians feeding the Lions.
Few things of note:
PG 12: "Executive Salary: The agreement provisions for an annual salary of $12 million for Jake P. Noch"
PG 15: "At the beginning of the quarter ended March 31, 2024, the balance of the 3(a)(10) agreement obligation was $12,313,611. During the quarter, the obligation increased by $2,607,593, resulting in an ending balance of $14,921,204. This increase comprised total additional expenditures of $3,294,539, offset by payments of $686,949 towards the obligation."
PG 11"With reference to the note number (5) Stockholders Equity, the company returned 11,998,249,800 of 3(a)(10) designated common stock shares on April 01, 2024. The current total of outstanding common stock at that date is 3,001,750,199.
5. STOCKHOLDER’S EQUITY
5.1 The company is authorized to issue 14,500,000,000 common stock shares with 14,499,999,999 outstanding on March 31, 2024 at 0.000000000001 par value and 1 Preferred J stock."
$SONG: To answer questions about the Stock Consolidation (reverse stock split) is simple: if the valuation gets corrected by the market now that our audited financials are out, we will cancel it. If it doesn't, we will move forward with a crazy aggressive Stock Consolidation…
— Pro Music Rights (@ProMusicRights) February 27, 2024
Jake's Q1 2024 financials, using that crowdfunded auditor again:
https://www.sec.gov/Archives/edgar/data/1671132/000121390024061149/ea020940401ex99-1_music.htm
So now you have 2 shares?
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