Replies to post #7607 on Music Licensing Inc (SONG)

[QTRADERQ]

LMAO.. the $0.01 is an arbitrary number to calculate the registration fee. It even says that right in the S-1 Offering.

We have arbitrarily determined the offering price of $0.01 per share in relation to this offering. The offering price bears no relationship to our assets, book value, earnings or any other customary investment criteria.

https://www.sec.gov/Archives/edgar/data/0001831925/000121390020045304/ea132224-s1_promusic.htm