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Wednesday, 04/10/2024 10:43:22 AM

Wednesday, April 10, 2024 10:43:22 AM

Post# of 9620
NEWS:

Music Licensing Inc. (OTC: SONG) and Jake P. Noch Family Office, LLC. initiated communication with the Government of Jamaica regarding Investment Treaty Claims on February 13, 2024.

Naples, FL, April 10, 2024 (GLOBE NEWSWIRE) -- Music Licensing Inc. (OTC: SONG) (OTC: SONG), in collaboration with the Jake P. Noch Family Office, LLC., has officially reached out to the Government of Jamaica through formal communication facilitated by their legal representatives, Transnational Matters PLLC, with Davy Karkason Esq. ACiarb on February 2024. This communication aims to initiate discussions regarding potential claims under the Bilateral Investment Treaty (BIT) between the United States and Jamaica.

The letter submitted to the Jamaican authorities signifies the commencement of a six-month "cooling-off" period, a prerequisite step outlined in the BIT. This period is designed to allow both parties the opportunity to explore amicable resolutions and avoid arbitration. It follows the procedure of the US-Jamaica BIT to initiate arbitration at the end of the 6-month cooling-off period.

The initiation of this process marks a significant step by Music Licensing Inc. (OTC: SONG) and the Jake P. Noch Family Office, LLC. in safeguarding their investments and ensuring that their rights under the BIT are fully respected. The team at Transnational Matters PLLC, with its extensive expertise in international law and investment treaties, is committed to representing its clients' interests throughout this negotiation phase.

Music Licensing Inc. (OTC: SONG) and the Jake P. Noch Family Office, LLC. remain hopeful that a constructive dialogue with the Government of Jamaica can lead to a mutually beneficial resolution. This approach reflects their commitment to maintaining a positive and cooperative relationship with the Jamaican government while also upholding the principles of fairness and justice that underpin international investment agreements.

Music Licensing Inc. (OTC: SONG) and the Jake P. Noch Family Office, LLC. ("Claimants") are prepared to proceed to Investment arbitration under ICSID should the parties not reach an agreement within the specified cooling-off period.

Further updates will be provided as discussions progress and more information becomes available.

https://www.otcmarkets.com/stock/SONG/news/story?e&id=2822113

Hey Jake, the CEO of SONG; Where is the share buyback? Did you already buy shares of SONG with your $415. (four hundred fifteen dollars) in the bank at the end of the year or are you on the bid for a little over 4 million shares? lol
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