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What a disaster after reduction of shares? Are they selling in name of OS reduction?
The CEO cancelling shares the company gave to the CEO, had a total of 3.5B of them, and considering the compensation agreement, there's plenty more where those came from. $12M per year in a convertible note:
https://www.otcmarkets.com/filing/html?id=16760936&guid=yXD-kKDt7oePB3h
What a runner from low trips. Got to love the way the OTC coming back with a vengenance :)
$SONG this thing has the oddest quotation on L2 ive seen in a while. Nothing about the bid or ask is known. I guess thats why the Form the CEO is looking to get to get more quotes showing.
$SONG 1H Chart
$SONG 1 Hour Chart pic.twitter.com/uIEVy6ufRz
— DawgTrading (@DawgTrading) November 3, 2023
When is the 2.7 billion share cancellation happening ??
Lol ok. Good luck then lol
That's just dumb. Despite what the pumper con artists tell you, nobody shorts an OTC stock. $2.50 held in escrow per share for a maximum gain of a tenth of a penny is a terrible investment strategy.
Shorting this one also? Lol
How much cash did they actually collect in that period? They have a tendency to advertise a big number, then toss all of it into “accounts receivable” only to never receive it.
"Net Income for the quarter was $14,958,174, reflecting the operational efficiency of our business and our continued focus on profitability.
Total Assets as of March 31, 2023, stood at $14,992,755.
Total Liabilities were significantly low, amounting to $104,286, demonstrating the company's strong financial health.
Book Value Per Share: The Book Value per share was approximately $0.0042, derived from the total equity of $14,888,469 divided by the outstanding common shares of 3,537,899,000."
https://www.prnewswire.com/news-releases/music-licensing-inc-otc-song-announces-q1-2023-financial-results-301823321.html
Ur losing ur chance to load this under .01.In a week or two we will be closing over .01 I garuntee it. Stop posting fluff ur not getting in cheaper
Just look at his post history and that will tell you his intentions. Have had that fool on ignore for a year now.
Congrats on your cheap shares, 🤡🤡
You're clearly misinformed. Resort to the companies X posts for any of your concerns.
$759M in "revenues" is the same thing this company was doing before that the SEC told them to stop. They showed $100's of millions of "accounts receivable" offset by the same amount of "deferred income" just to fluff up the numbers. Fact is they haven't collected on any of that crap for years and don't have the "revenue," actual cash coming in or committed to come in, as they claim. Guess the SEC will have to tell them again.
Someone/group is wash trading this stock to try and create an illusion of interest in it, and primarily so that 3B shares awarded to the insiders can be sold. The CEO had 750M shares and was always pumping the stock, hardly ever mentioned the actual business and making it better, just stuff about Jamaican exchanges, European NASDAQ's, stock splits, etc., trying to get some liquidity drummed up.
Last quarter financial:
$758,738,240 in revenues.
$39,703,477 Net income.
Under $2M market cap
The book price is $0.0128.
$SONG AD Line rising.
https://twitter.com/DawgTrading/status/1719011174639972544
$SONG Good morning... good opening so far... L2 is meaningless right now they are absorbing shares with hidden orders on the bid, and hidden shares on the ask.
https://twitter.com/DawgTrading/status/1718987183791407609
…SONG: big PR supporting Israel by increasing music subscription fees at Universities around nation who are allowing anti-Sementic rallies….i like it! …..i think this news could be huge over weekend if any media catches onto it….. at 1pm this PR quietly came ou….volume starting…. very interesting news that i think most have not seen. They have been PRing lately about lowering SS, but Todays PR is a way i can do my own little protest for those college rallies that make me pull my hair out, lol
And….: i am not alone. Thats for sure so lets go $SONG and well done!:
Mentioned: SONG
GlobeNewswireOctober 27, 2023
Naples, FL, Oct. 27, 2023 (GLOBE NEWSWIRE) -- In a bold move to promote tolerance, peace, and understanding, Music Licensing Inc. (OTC: SONG) and its wholly owned subsidiary, Pro Music Rights, Inc., have announced the implementation of a stringent new licensing fee aimed at educational organizations that have failed to condemn antisemitism on their campuses and have actively supported terrorism.
This groundbreaking initiative will see a substantial increase in licensing fees, totaling over $50 million USD annually, for educational institutions that have refused to take a stand against antisemitic activities and have allowed events promoting terrorism, such as pro Hamas rallies, to occur on their premises.
Even better, $50 mil increase rev projected by doing this they said will PR more about in coming weeks….they tweeted the news too on their X page so the news be realz…..:
https://twitter.com/ProMusicRights
$SONG SUPPORT FROM U.S. REPRESENTATIVE BYRON DONALDS!!!
$SONG We are pleased to announce that we've received a call from the office of @RepDonaldsPress. They have been actively engaging with the SEC & FINRA on our behalf to facilitate the restoration of our company's proprietary quote eligibility. We extend our sincere gratitude for…
— Pro Music Rights (@ProMusicRights) October 27, 2023
$SONG fat power hour to push this into dubs ... make next weeks traders PAY!
Somebody's playing with the stock, trying to coax that bid up so they can dump on it. The company is all about selling stock, inhabiting the shell and then giving the CEO 3.5B shares and a salary of $12M per year in a convertible note:
https://www.otcmarkets.com/filing/html?id=16760936&guid=yXD-kKDt7oePB3h
SONG L2 got it THANKS!
No clue bud but I'm looking at l2 through tdameritrade and she gonna hit 001 soon
Where can we get L2 for SONG? LSE ( LONDON STOCK EXCHANGE )
I think I bought too much lol sell to me at 6 please
Let's roll! Glad I found this ticker this week!
Accumulating .0004 and .0005 here, I see multiple pennies ahead with everything the company is doing now.
Easy .01 here I say .05 by Christmas Day. You see that Accumulation Line on this thing? It's through the roof the Float is getting absorbed into strong hands. Anyone claiming dilution is just trying to steal ur shares. Just accumulate with them and have patience
Added some 0004s last 60 seconds of the day...thanks!. Ceo here seems to be highly involved with wanting to correct the pps. I am going to keep bidding. Good luck all
I saw that on X a bit ago, I do better hit and quit, find em early and wait them out. many were giving easy doubles.
I held some bottom buys thru the pops. more focused on life stuff and I needed to go back to work.
most my stuff is btc related and it takes a big wait, I know this for sure.
am getting in way ahead of the crowd again on the btc tickers. the real stinky ones at the bottom.
I saw what they can do when the fomo kicks in twice now. betting big on round three :)
best in everything important to you!
SONG
$SONG 0005s being absorbed by GTSM for the moment.
Grabbed me a starter here at 0005. Good luck all
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