Replies to post #9276 on Music Licensing Inc (SONG)

[retireat40]

$12 million would be about 15 billion shares.

[pitacorp]

it does not make sense how someone can pay themselves so much, unless the company is doing 10x's that in sales.. which I do not see.....but, since he wones every position in the company, he can do whatever he wants, which is steal the company and in thoery, he will outright own the company very shortly, for not doing much for it...

[duelittle2]

Additionally, if you notice in the financials, he was owed 12 million USD in salary, but rather than converting and taking 12 million USD, he paid in approximately an additional $300,000+ USD into the company.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173926815

$SONG: The 3(a)(10) arrangement our CEO had is a court-approved arrangement. Its structure is solely based on the dollar amount realized, not the number of shares. This means that if he were ever to convert, the higher the stock price went, the fewer shares would be able to be… pic.twitter.com/Pf6C1xc41z

— Pro Music Rights (@ProMusicRights) February 26, 2024

[Ribo]

https://twitter.com/FLOWInvesting/status/1762276025994449128