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Re: Mcoco post# 9515

Friday, 03/15/2024 9:37:26 AM

Friday, March 15, 2024 9:37:26 AM

Post# of 10174
if it doesnt happen by the end of this month something worse may happen according to 1-U published on otcmarkets.com:

On March 11, 2024, Music Licensing, Inc. (the “Company”) announced the ratio of its previously disclosed stock consolidation (Reverse Stock Split) of 500,000:1. The Company anticipates that the immediate market reaction to this announcement may be negative. However, the Company firmly believes that once the stock consolidation becomes effective, it will significantly improve the Company’s position.

The Company has conducted a comprehensive analysis and determined that the stock consolidation is intended to result in a share structure similar to that of LICT Corp. (OTC: LICT) as of March 13, 2024. LICT Corp. served as a primary model for the Company’s decision-making process regarding this aggressive stock consolidation.

Furthermore, the Company acknowledges that failure to implement the stock consolidation before the end of March 2024 may result in significant adverse effects and potential loss of opportunities. The Company remains committed to executing the stock consolidation within the specified timeframe to mitigate potential risks and enhance shareholder value.

(bold emphasis mine) https://www.otcmarkets.com/filing/html?id=17364705&guid=Rvd-kFYs56YKJth
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