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$$$$SONG$$$$ DON'T LISTEN TO THE FUD !!! THE PR AND EARNINGS CAME OUT. RAP HAS BEEN AROUND LONGER THAN ROCK N ROLL. "Simply put, we have over $1 billion USD of revenue and a market cap that is still surprisingly low"
THESE PEEPS PAY FOR THIS RAP CRAP!!! AND THEY STILL LISTEN TO THAT DOUBLEGATED ROCKER ON THE PAYROLL ELTON OF THE JOHNS!!DID YOU EXPECT TO HAVE THE CEO TO BE A NICE NICE GUY IN AN INDUSTRY THAT MAKES ITS MONEY FROM GARBAGE MUSIC?
Saw at 0.0004 and any buy and sell at 0.0008
That's what i was thinking. Or the ceo hates his own stock
Boy you're not kidding....wow.
Pretty stunning turn of events in 24 hours. Holy cow....and we all watched Wolf of Wall Street. You just never know on any of these plays.
forcing people to sell at bid knowing thet will be stuck with theyre share forever that way they insure the stock to fall... pretty sure someone is shorting the thing... we will see sonn
What's the point of putting up such a massive ask?
SONG$$$$ NOT YET 230M WANT OUT AT .0005. LET THEM OUT
The markets were set to crash... everyone's trying to make flip money, too dangerous to invest in anything... the house of cards is collapsing bro...
Buy anything with the idea of losses in mind...
Lol profit takers exited eh.. from the looks of it...
They are the Typical Scamming Scumbags paying their Mortgage in an Expensive Town off the backs of the Peeps
Sec shut down coming up
Their posting, news, financials are going to Put them In Jail
I'm going to Help to do that
https://twitter.com/duelittle2/status/1762496371398185257
" Im also baffled at the cash on hand ($415) at the end of year when there is supposed to be tens of millions of dollars in revenue. It doesnt make sense. How is there ever gonna be "Open Market Buybacks" with only $415 in the bank at the end of last year?"
That also struck me as very odd - if you have net revenue in the millions, how do you have so little in cash on hand? I agree - I nibbled yesterday, and got my tongue bit. :)
Tweeting at midnight is never good! That reeks of anger issues.
lol..... im surprised there isn't a tweet storm right now. Did you notice the PR @ midnight this morning? This CEO is something else!!!
One thing I pulled up today was the address for SONG and its the same address as https://colosseumcounsel.com/ and a couple of the "independent directors" are lawyers at that law firm.
Im still baffled how someone would accept a $15k bonus while the CEO rakes in $12 million a year. Im also baffled at the cash on hand ($415) at the end of year when there is supposed to be tens of millions of dollars in revenue. It doesnt make sense. How is there ever gonna be "Open Market Buybacks" with only $415 in the bank at the end of last year?
Good Luck Here!
Holy timber thanks god I didnt chase this one
I put in a order for .0006 got filled at .0005 hahaha just a few hundred dollars worth for the fun of it , looks like I will be hanging on for a while until the next run ,well at least I didn't load up at .0007,8,and .0009 like all the other bag holders, millions bought into the close yesterday at ..0007 like some filled with 27 million and another 17 million where filled on just two orders
I tell ya. I thought those tweets were too defensive! You just never can tell in this OTC land. So crazy.
I'm looking forward to having 1000 shares max after the big split :)
Haha....this is so crazy. It's just too much for the SEC to corral? Does the SEC only really concern itself with the big boards?
we will se by tomorow if it's dillution or not... I hope it's not and just the flipper and the weak hand going out. tomorow will tell.
I don't give a shit anymore all these POS pink and OTC penny stock scaming CEO's can go f$%#ing rot in hell together for all I care.
Wow that ceo is pure evil what a fraud!
Looks like they made up their Mind to go for the Dumpathon and R/S
Have been in Naples 50yr plus and Know much about the area
Probably Hung out in a few watering Holes w/ these Scumbags
0.0004 should have been bottom by the Chart
Cannot discount blind naked shorting _ but unless peeps are bailing/ taking a Loss _ This IS Dilution
https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Flookaside.fbsbx.com%2Flookaside%2Fcrawler%2Fmedia%2F%3Fmedia_id%3D100063784465350&f=1&nofb=1&ipt=c7eb522b06651b0a2bd8e21b9cfbf511907ddb88fb3f6105213febf2df49fbe8&ipo=images
Yep...I think this one is done. Terrible CEO and very shady financials. Only accrual accounting allows for you to book AR as revenue. Virtually no companies employ accrual accounting.
it will took the day...
Have fun getting through that 168M wall at 0.0005 lol.
here is VIRT to dilute some more
not to mention jake selling his 200M
Flipper or some doing a short
Why the drop?
that's a F#$$#g big wall to climb at 5 now
we will see buddy.. .. nice moves yesterday... but its not done yet... this song needs to rise to a crescendo..
SONG
5x6 now. Many new bagholders created yesterday,.
Very interesting - I think it was okwife who pointed out a book value of 6 cents. That is absolutely crazy.
The $12.3 mil convertible note still looms. Will he ultimately take the $12 mil in salary? I wonder that too - and what does that do to the OS?
I think these are questions we should be asking. I definitely like the potential of the company, but I wasn't crazy about the tweet storm ya know? Calling people out as "trolls", saying we had over $1 billion in revenue what more do you want, etc. It had that feel of "How dare you question us?" I think it's healthy to have that back and forth discussion, without it being disparaging.
Taking the __ Total Equity: Music Licensing, Inc. reported total equity of $49,580,139 USD
and dividing it by 0.062 = ~800 Mill O/S which is close to what was recently reported
fwiw
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What is with the possibility of a "Cayman Islands segregated portfolio company?" What would be the tax implications for the company and shareholders were they to sell shares? Why would they make a move like that? Would it help prevent stock manipulation?
Good morning - that's a fair argument. Did the financials address the AS? Or just the OS? What I would wonder is if the AS was increased since November 27?
Your overall point is still a very good one - just look at Spooz for example. 5.8 billion AS - and the OS is almost entirely maxed out at 5.78 billion shares. It closed yesterday at .007. An even better example which I constantly bring up is Trans Global Group - nearly 100 billion AS, and slightly over 22 billion OS, and it closed yesterday at .0018. So the share structure here is outstanding compared to those two.
The big questions to me at least are 1) How accurate are these financials and what is the $993 million in bad debts? That really stands out to me on the financials - $719 million in the first quarter of bad debts? and 2) Will they update the Share Structure in the Security Details on OTCMarkets? I'm still waiting to see that.
Bottom line though is that if they truly have $1 billion in revenue and $64 mil in net revenue, they could have 20 billion OS and this would still be undervalued. I still like it a lot at these levels.
Finally - I wonder what kind of a royalty stake they have in Listerine?? Maybe like a quarter of 1%? Even that would be nice.
**********Regarding the SS
Shares Outstanding: As of December 31, 2023, the company had 802,635,215 shares outstanding
https://www.otcmarkets.com/stock/SONG/news/story?e=&id=2777105
How many shares could they have Diluted? ... 1 Bill per month?
Looking @ the Vol on the Chart, which includes trading ( turnover shares, besides possible shares diluted ) it does not look to be even that amount
The PPS is 0.0007 _ there are MANY securities that have way over 3 Billion share O/S many multiples of this current pps w/ Nowhere Near the financials reported
Book Value Per Share: Music Licensing, Inc. reported a book value per share of approximately $0.062 USD, reaffirming its strong asset base and financial health.
@ 0.0007 it is ~89X North to 0.062
https://www.sec.gov/Archives/edgar/data/1671132/000121390024016747/ea0200543ex999-2_musiclicen.htm
https://www.barchart.com/stocks/quotes/SONG/technical-chart?plot=CANDLE&volume=total&data=DO&density=L&pricesOn=1&asPctChange=0&logscale=0&indicators=BBANDS(20,2);SMA(20);PTP(50);SMA(50);SRSI(14,20);SMACD(12,26,9);RSI(14,100);ACCUM;STOSL(14,3);SMA(50);SMA(200);ADX(14)&sym=SONG&grid=1&height=500&studyheight=100
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They got a great Symbol...............
Z
Volume precedes price. Expect a Huge green day. SONG
Song worthy of .01
Go. Song. Great. Audited. Fins. Lets Go
Dilution makes sense with not updating their SS being very sneaky..
They say transparency,, then no update SS… they’re instantly lieing on the last PR from yesterday…. Imagine that.‘just like the rest. Good luck whatever happens .
SONG scammy stock, no SS update on otc markets for a reason…… I bet it’s through the roof…….as most otc play games who don’t update SS then raise AS and dilute like crazy.
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