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Dragon Lady

05/10/24 12:39 PM

#9753 RE: tdbowieknife #9749

Countersuit td ?

I'm pretty sure there's a live counter lawsuit that OTC fired back at ole Jake.

I saw it - I'm having trouble finding it quick this AM as I'm busy. I might have put a link in my "Jake file" which is now open and hot as refined Plutonium LOL !!!

Pretty sure though - that OTC took to filing a counter suit and I mean slapping the shit out of him kinda lawsuit if not mistaken. OTC is NY and now part of NASDAQ - they're not going to jack around with some POS kid dogging um and smearing their name in PR as "OTC causes companies to be F-d and screwed" blah blah blah which is EXACTLY what the dumb ass kid did and did in spades !

I can try and find it later - I'll be in and out on the road a bit today. Pretty darn sure I was and scan-quick read it though ?

Like "OTC MARKET v Noch et al" aka specifically titled as "counter lawsuit" type gig ?

MusicExec

05/10/24 1:10 PM

#9759 RE: tdbowieknife #9749

I see from the link you circulated that following the change of majority shareholder, NUVG acquired Shares Of Pro Music Rights Class A & B Common Stock From The Jake P. Noch Family Office, LLC on 08/15/2022 with a cost basis
of $382,405,108.25.

My initial thought on reading was wouldn’t it be interesting to see who signed and approved the sale and purchase agreement on behalf of NUVG and what representations and warranties did they seek from the majority shareholder The Jake P. Noch Family Office to fulfil their fiduciary duty as directors to protect the interests of minority NUVG shareholders and what due diligence did the board commission to satisfy themselves that the purchase price of $382,405,108.25 was indeed a fair purchase price ?

I then see online that Pro Music Rights, Inc. announced Jake P. Noch as new CEO of Nuvus Gro Corp (OTC: NUVG) on July 21, 2022 just a few weeks before NUVG acquired PRO for $382,405,108.25.

Am I also right in presuming that the current valuation of PRO Music Rights is now closer to $382 or $382,000 than $382 million ?