Music Licensing Inc (SONG)

[trader59]

The CEO has acquired the shell, NUVG. NUVG has not yet acquired PMR. In order to do that as a material event, the complete details of the agreement of acquisition will now have to be published, as well as 2 full years of financials (ie - not the excerpts that were shown in the S-1/A). The owners of PMR will also have to be compensated for its fair value, and since NUVG has no money, it’ll all be stock with value. Considering what folks are saying PMR is worth, that’s going to be a boat load of stock. If it isn’t a boat load of stock, it will indicate what the value truly is to PMR’s owners. Pretty sure that has to be done within 4 days of the acquisition.
This is on Edgar to the SEC…