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Re: RMS555 post# 9563

Wednesday, 03/27/2024 3:21:39 AM

Wednesday, March 27, 2024 3:21:39 AM

Post# of 9618
Is the link below the royalty stake in Listerine mouthwash that the CEO is bragging about having purchased as the purchaser paid $79,500 which is a crazy 31 times historic earnings to purchase the royalty stream which will only generate $SONG approx $2,500 of royalties a year

https://auctions.royaltyexchange.com/orderbook/asset-detail/5538/

Stakes in this Listerine royalty stream come up for sale regularly on royalty exchange and members of the public can bid to buy such royalty streams direct so there is nothing unique about this asset

How does $SONG buying such royalty stakes at these prices add value to retail shareholders in $SONG who will not see any income until after the CEO has taken the annual salary of $12 million he has awarded himself plus other $SONG expenses including any bonuses or salary increases the CEO elects to award himself in the future

Royalty Exchange also has thousands of music royalty streams like the ones from Elton John and others that the CEO is bragging about having purchased in an auction

Again how do suck purchases at or above market value add any value to retail investors in $SONG ?



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