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once finalised... we see penny Break
big LOI signed for $OVMS
The Company has signed a Letter of Intent to acquire Digital Legend, Inc. a leading edge music platform and hi-fidelity device company.
Digital Legend has cracked the code and it's MBox -- Epic Sound provides 10x the sound quality at 20% of the cost of its nearest competitors like, JVC, Sony and Beats. Digital Legends is developing an audio listening platform that allows listeners to participate in live music and new music/artist launch and listening parties, while communicating digitally at the same time.
The Company and Digital Legend are exploring combined business opportunities, working through due-diligence toward a potential end-of-the year closing/.
Franchise Development
The Company is making preparation to expand its core business into professional recording with the build out of a recording studio at the current Boca Raton location. The recording studio is a logical direction for Ovation Music Boca that has over the years produced some of the best young music talent and bands in South Florida.
The recording studio not only provides an outlet for the musical talent that is produced by Ovation Music Boca but a new revenue stream that can be expanded to local musicians outside of the Ovation Music Boca roster of musicians and bands. The new management team brings with it several connections and abilities in the recording, production, distribution and marketing of musical talent.
Thomas L. DiStefano III, CEO, stated, "With the expansion into recording, marketing and distribution we have created a path for these musicians to not only develop their talent but to then turn that talent into a marketable product."
DiStefano continued, "There is a pathway for aspiring young athletes to develop from childhood to potentially the professional level, we want to create that same pathway for musicians."
$OVMS
need that bid to come up like yesterday
$OVMS
Barchart Technical Opinion for $OVMS should improve as PPS goes up, great upside potential
http://www.barchart.com/quotes/stocks/OVMS
Less than 100K showing under 0.01
OVMS
Company Profile was verified on OTCMarkets.com on 8/5/2016
up to date
http://www.otcmarkets.com/stock/OVMS/profile
$OVMS
The 2 catalysts that will put this well over 0.01 are the huge share retirement news and closing of Digital Legends acquisition imo
OVMS
Nice recovery yesterday. Barchart Technical Opinion for $OVMS should improve as PPS goes up, great upside potential
http://www.barchart.com/quotes/stocks/OVMS
agreed, really deserves a dedicated news release
$OVMS
Watch for more news updates from $OVMS
http://www.otcmarkets.com/stock/OVMS/news
Once that is PRd officially that will be a huge catalyst for PPS imo
OVMS
big time share reduction here
Additionally, the former CEO & Director and managers of the Boca Raton location have resigned as officers of the Company. As part of the resignation, both former managers perfected corporate resolutions to return and retire 125,000,000 shares of Company common stock.
Additionally the former CEO has agreed to buy the Gallatin, TN store for 50,000,000 shares of the Company's common stock, valued at a discount to market of $100,000.00. The cancelation and retirement of these shares has resulted in a reduction of the total issued and shares to 180,840,001 as of September 6, 2016.
$OVMS
Lots of good info in this shareholder update
Ovation Music & Studios Shareholder Update
BOCA RATON, FL--(Marketwired - Sep 6, 2016) - Ovation Music & Studios, Inc. (OTC PINK: OVMS) (the "Company") http://ovationmusicstudios.com/index.php, and https://www.facebook.com/OvationMusicBoca, is pleased to announce the following shareholder update.
Over the last several months Ovation Music & Studios has been presented with the potential to grow and expand its footprint throughout the music industry and as a public company. In an effort to capitalize on these opportunities the Company has retained experienced and seasoned public company managers to take Ovation Music & Studios through this expansion.
New Management
Brought in to move the Company through the expansion and restructuring is Thomas L. DiStefano III as CEO. Mr. DiStefano has managed many startups and public companies from restaurants, night clubs and investment banking to software & technology companies. Mr. DiStefano will be working closely with the new management team at Ovation Music Boca to shape the company's business direction, streamline costs and prepare the Boca Raton location as the footprint for any future expansion.
Additionally, the former CEO & Director and managers of the Boca Raton location have resigned as officers of the Company. As part of the resignation, both former managers perfected corporate resolutions to return and retire 125,000,000 shares of Company common stock.
Additionally the former CEO has agreed to buy the Gallatin, TN store for 50,000,000 shares of the Company's common stock, valued at a discount to market of $100,000.00. The cancelation and retirement of these shares has resulted in a reduction of the total issued and shares to 180,840,001 as of September 6, 2016.
Franchise Development
The Company is making preparation to expand its core business into professional recording with the build out of a recording studio at the current Boca Raton location. The recording studio is a logical direction for Ovation Music Boca that has over the years produced some of the best young music talent and bands in South Florida.
The recording studio not only provides an outlet for the musical talent that is produced by Ovation Music Boca but a new revenue stream that can be expanded to local musicians outside of the Ovation Music Boca roster of musicians and bands. The new management team brings with it several connections and abilities in the recording, production, distribution and marketing of musical talent.
Thomas L. DiStefano III, CEO, stated, "With the expansion into recording, marketing and distribution we have created a path for these musicians to not only develop their talent but to then turn that talent into a marketable product."
DiStefano continued, "There is a pathway for aspiring young athletes to develop from childhood to potentially the professional level, we want to create that same pathway for musicians."
Business Development
The Company has signed a Letter of Intent to acquire Digital Legend, Inc. a leading edge music platform and hi-fidelity device company.
Digital Legend has cracked the code and it's MBox -- Epic Sound provides 10x the sound quality at 20% of the cost of its nearest competitors like, JVC, Sony and Beats. Digital Legends is developing an audio listening platform that allows listeners to participate in live music and new music/artist launch and listening parties, while communicating digitally at the same time.
The Company and Digital Legend are exploring combined business opportunities, working through due-diligence toward a potential end-of-the year closing/.
About Ovation Music & Studios, Inc.
Ovation Music& Studios, Inc. is a music education company that provides individual and group lessons, rehearsal studios, professional recording studios, and live performances with its Rock Shop™ and Jazz Jam™ ensembles. Ovation Music & Studios is developed for students of all ages. Their unique method provides professional musicians and teachers in one-to-one voice and instrument lessons. When the students have developed skill in the instrument as well as in music theory and ear training they are combined into rock bands and/or jazz ensembles which perform in public venues.
Forward-Looking Statements
This release may contain statements that are "forward-looking statements". Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. These statements are based on current estimates and projections about the Company's business, which are derived in part on assumptions of its management, and are not guarantees of future performance, as such performance is difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Such factors include, but are not limited to, the Company's limited operating history, ability to execute effectively its business plan, economic and political conditions, changes in consumer behavior and the introduction of competing products having technological and/or other advantage, the Company's, the limited financial resources, and conditions of equity markets. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. No information in this press release should be construed as an indication of the Company's future revenues or financial results.
Contact:
Ovation Music Boca
561-487-0451
info@ovationmusicstudios.com
$OVMS
Yes, I recall 250K on bid close to 006 yesterday
OVMS
that bid has been slowly creeping up all week - this people will have to pay the ask sooner or later
$OVMS
lots of terrific info on the $OVMS website
Website: http://www.ovationmusicstudios.com
Another hammer candle formed yesterday and accumulation up again
OVMS
$OVMS just a 10M float - so sick!
OVMS Security Details
Share Structure
Market Value1 $1,374,384 a/o Sep 28, 2016
Authorized Shares 1,000,000,000 a/o Aug 03, 2016
Outstanding Shares 180,840,001 a/o Aug 03, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 10,133,772 a/o Aug 03, 2016
Par Value 0.001
tiny volume (still) - imo, once the acquisition is done and announced...the penny mark will be broken
OVMS
didn't change much since posted .... remaining REAL low
bid holding strong all day as it creeps north - going to have to slap the ask here
$OVMS
we have a 10m low floater for subbie!!!
Authorized Shares 1,000,000,000 a/o Aug 03, 2016
Outstanding Shares 180,840,001 a/o Aug 03, 2016
Float 10,133,772 a/o Aug 03, 2016
$OVMS
$OVMS .0076 starting to tap in the green now!
bid higher than the current pps now - looking for a little power hour push!
$OVMS
$OVMS ~ Business Description
Ovation Music & Studios offers music education and instrument lessons that leads to its live ensemble bands in their Rock Shop and Jazz Jam programs. As well they offer recording studios and rehearsal for their in-house bands and outside musicians.
When the students of $OVMS have developed skill in the instrument as well as in music theory and ear training they are combined into rock bands and/or jazz ensembles which perform in public venues.
Ovation Music & Studios offers music education and instrument lessons that leads to its live ensemble bands in their Rock Shop and Jazz Jam programs.
$OVMS
About Ovation Music & Studios, Inc. ($OVMS)
Ovation Music& Studios, Inc. is a music education company that provides individual and group lessons, rehearsal studios, professional recording studios, and live performances with its Rock Shop™ and Jazz Jam™ ensembles.
http://ovationmusicstudios.com/index.php
Looking good now biggest bidder at 0055 we have seen all week
OVMS
0058 x .0071 now for $OVMS looking ripe for an afternoon push
2 subsidiaries looks like they will do well in the music industry:
Digital Legends
Digital Legends is developing an audio listening platform that allows listeners to participate in live music and new music/artist launch and listening parties, while communicating digitally at the same time. The millennials are eager to share their lives digitally with their friends and that includes music. Additionally, this platform also allows artist to be paid in bitcoins which will increase their compensation by cutting out the numerous intermediaries between the artist and their digital rights payments. Digital Legends' MBox -- Epic Sound provides 10x the sound quality at 20% of the cost of its nearest competitors, like JVC, Sony and Beats.
MBox Makes Digital and Streamed Music Sound Like It's Supposed To Be -- Big, Live and Real
Popular streaming services like Spotify can stream audio up to 320Kbps, but this quality is not lossless. This is usually good enough for casual listeners, but audiophiles who can hear the difference will usually demand more. MBox alleviates this problem by playing back audio at 192KHz in 24-bit lossless quality. To put these numbers in perspective: CDs have a sampling rate of 44KHz at 16-bits.
MBox: The New Paradigm for HiFi Music Playback
MBox is a mobile android based audio streaming amplifier/DAC music player. MBox will set the standard in portability, accessibility and processing of HiFi streaming and digital audio reproduction. MBox has a new set of integrated features which will allow it to establish a leading market position in playback quality and market price point.
OVMS
$OVMS ~ Business Development
The Company has signed a Letter of Intent to acquire Digital Legend, Inc. a leading edge music platform and hi-fidelity device company.
Digital Legend has cracked the code and it's MBox -- Epic Sound provides 10x the sound quality at 20% of the cost of its nearest competitors like, JVC, Sony and Beats. Digital Legends is developing an audio listening platform that allows listeners to participate in live music and new music/artist launch and listening parties, while communicating digitally at the same time.
The Company and Digital Legend are exploring combined business opportunities, working through due-diligence toward a potential end-of-the year closing.
Nothing over 60K sized at each price level until 0.0275
OVMS
spread tightening up again, so ready to push into pennies
$OVMS
market cap for $OVMS is a paltry $1.3M
OVMS Security Details
Share Structure
Market Value1 $1,356,300 a/o Sep 27, 2016
Authorized Shares 1,000,000,000 a/o Aug 03, 2016
Outstanding Shares 180,840,001 a/o Aug 03, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 10,133,772 a/o Aug 03, 2016
Par Value 0.001
Transfer Agent(s)
Last trade 0052 now bid is up to 0055
OVMS
still flying under the radar here...few retailers to clear before pennyland
$OVMS
gm, what happened sm69
.0075 should have cleared this morn
50k printed @ .008
Bids starting to stack above 005 again now
OVMS
Looking good spread is getting tighter 0051 x 0075
OVMS
Trader's Cheat Sheet for $OVMS
http://www.barchart.com/cheatsheet.php?sym=OVMS
$OVMS is under New Management
Brought in to move the Company through the expansion and restructuring is Thomas L. DiStefano III as CEO. Mr. DiStefano has managed many startups and public companies from restaurants, night clubs and investment banking to software & technology companies. Mr. DiStefano will be working closely with the new management team at Ovation Music Boca to shape the company's business direction, streamline costs and prepare the Boca Raton location as the footprint for any future expansion.
Additionally, the former CEO & Director and managers of the Boca Raton location have resigned as officers of the Company. As part of the resignation, both former managers perfected corporate resolutions to return and retire 125,000,000 shares of Company common stock.
Additionally the former CEO has agreed to buy the Gallatin, TN store for 50,000,000 shares of the Company's common stock, valued at a discount to market of $100,000.00. The cancelation and retirement of these shares has resulted in a reduction of the total issued and shares to 180,840,001 as of September 6, 2016.
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