In line with our steadfast commitment to optimizing our capital structure, Music Licensing, Inc. has embarked on a strategic stock consolidation program, employing a 500,000:1 share consolidation ratio
and then maybe the Share Buyback:
The delay in executing this program stemmed predominantly from the challenge of securing a brokerage firm or investment bank willing to undertake the Buy-Back Program at our prevailing low share price. However, post-consolidation, we are confident in our ability to enlist the requisite support, as validated by the positive feedback received from multiple firms with whom we've engaged.
This CEO is on a good one.... how many shares will he buy after the reverse split with $415. in the bank at the end of year?