Music Licensing Inc (SONG)

[trader59]

Read the links in the sticky post. It gives a timeline of the balance sheet claims, provides a link to the SEC's questions about the accounting practices being deployed, gives a link to the PR the company issued when they "fixed" it, obviously not for good. The financials linked show what the cash collections were.

Then google the company vs those streaming services, the lawsuits that have been filed and their outcomes.

And, finally, just ask yourself, if a company really had that much money coming in, why'd they inhabit a dead OTC shell? The ownership prior to the RM could have kept all that money for themselves.