Music Licensing, Inc. (OTC: SONG) Announces Plans for New Publicly Traded Share Classes and Forward Stock Split to Address Decline in Stock Price
Music Licensing, Inc. (OTC: SONG) has announced strategic actions to address the decline in stock price following a recent unsuccessful reverse stock split. The company plans to introduce new share classes and implement a forward stock split to restore shareholder value and improve market liquidity. These measures aim to counter the negative effects of the reverse split and stimulate trading activity.
Key initiatives include:
- Creating new share classes to be distributed as dividends to current shareholders
- Submitting Form 211 applications with FINRA for public trading of new share classes
- Executing a forward stock split to increase outstanding shares and lower price per share
- Enforcing favorable legal judgments related to licensing agreements for substantial cash inflows
These actions demonstrate Music Licensing, Inc.'s commitment to addressing challenges and ensuring long-term growth for investors.
Music Licensing, Inc. (OTC: SONG) ha annunciato azioni strategiche per affrontare il calo del prezzo delle azioni a seguito di un recente tentativo di frazionamento azionario inverso non riuscito. L'azienda prevede di introdurre nuove classi di azioni e di implementare un frazionamento azionario avanti per ripristinare valore per gli azionisti e migliorare la liquidità di mercato. Queste misure mirano a contrastare gli effetti negativi del frazionamento inverso e stimolare l'attività di trading.
Le principali iniziative includono:
- Creazione di nuove classi di azioni da distribuire come dividendi agli azionisti attuali
- Presentazione di domande di Form 211 presso la FINRA per la negoziazione pubblica delle nuove classi di azioni
- Esecuzione di un frazionamento azionario avanti per aumentare le azioni in circolazione e abbassare il prezzo per azione
- Applicazione di sentenze legali favorevoli relative agli accordi di licenza per flussi di cassa sostanziali
Queste azioni dimostrano l'impegno di Music Licensing, Inc. nell'affrontare le sfide e garantire una crescita a lungo termine per gli investitori.
Music Licensing, Inc. (OTC: SONG) ha anunciado acciones estratégicas para abordar la caída en el precio de las acciones tras un reciente intento fallido de división de acciones invertida. La empresa planea introducir nuevas clases de acciones e implementar una división de acciones hacia adelante para restaurar el valor para los accionistas y mejorar la liquidez del mercado. Estas medidas tienen como objetivo contrarrestar los efectos negativos de la división inversa y estimular la actividad de negociación.
Las principales iniciativas incluyen:
- Creación de nuevas clases de acciones que se distribuirán como dividendos a los accionistas actuales
- Presentación de solicitudes del Formulario 211 ante la FINRA para la negociación pública de nuevas clases de acciones
- Ejecutar una división de acciones hacia adelante para aumentar las acciones en circulación y reducir el precio por acción
- Hacer cumplir fallos legales favorables relacionados con acuerdos de licencia para importantes ingresos en efectivo
Estas acciones demuestran el compromiso de Music Licensing, Inc. para abordar los desafíos y garantizar un crecimiento a largo plazo para los inversionistas.
Music Licensing, Inc. (OTC: SONG)은 최근 실패한 역분할로 인한 주가 하락을 해결하기 위한 전략적 조치를 발표했습니다. 회사는 새로운 주식 클래스를 도입하고 주주 가치를 회복하고 시장 유동성을 개선하기 위해 전진 분할을 실행할 계획입니다. 이러한 조치는 역분할의 부정적인 영향을 완화하고 거래 활동을 촉진하는 것을 목표로 하고 있습니다.
주요 이니셔티브는 다음과 같습니다:
- 현재 주주들에게 배당으로 분배될 새로운 주식 클래스를 만드는 것
- 새로운 주식 클래스의 공개 거래를 위한 FINRA에 Form 211 신청서 제출
- 발행 주식을 늘리고 주당 가격을 낮추기 위한 전진 분할 실행
- 상당한 현금 유입을 위해 라이센스 계약과 관련된 유리한 법적 판결 집행
이러한 조치는 Music Licensing, Inc.가 도전에 대응하고 투자자들을 위한 장기적인 성장을 보장하려는 노력을 보여줍니다.
Music Licensing, Inc. (OTC: SONG) a annoncé des mesures stratégiques pour faire face à la baisse du prix de ses actions suite à un récent échec d'opération de fractionnement inversé. L'entreprise prévoit d'introduire de nouvelles classes d'actions et de mettre en œuvre un fractionnement d'actions en avant pour restaurer la valeur pour les actionnaires et améliorer la liquidité du marché. Ces mesures visent à contrecarrer les effets négatifs du fractionnement inversé et à stimuler l'activité de négociation.
Les principales initiatives incluent :
- Création de nouvelles classes d'actions à distribuer en dividendes aux actionnaires actuels
- Soumission de demandes de Formulaire 211 auprès de la FINRA pour le trading public des nouvelles classes d'actions
- Exécution d'un fractionnement d'actions en avant pour augmenter les actions en circulation et réduire le prix par action
- Application de jugements juridiques favorables liés aux contrats de licence pour des flux de trésorerie importants
Ces actions démontrent l'engagement de Music Licensing, Inc. à relever des défis et à assurer une croissance à long terme pour les investisseurs.
Music Licensing, Inc. (OTC: SONG) hat strategische Maßnahmen angekündigt, um den Rückgang des Aktienkurses nach einem kürzlich gescheiterten Reverse-Split zu bekämpfen. Das Unternehmen plant, neue Aktienklassen einzuführen und einen aktiven Split durchzuführen, um den Aktionärswert wiederherzustellen und die Marktliquidität zu verbessern. Diese Maßnahmen zielen darauf ab, die negativen Auswirkungen des Reverse-Splits auszugleichen und die Handelsaktivität zu stimulieren.
Wichtige Initiativen umfassen:
- Schaffung neuer Aktienklassen, die als Dividenden an bestehende Aktionäre verteilt werden
- Einreichung von Formular 211-Anträgen bei FINRA für den öffentlichen Handel mit neuen Aktienklassen
- Durchführung eines aktiven Splits zur Erhöhung der ausgegebenen Aktien und zur Senkung des Preises pro Aktie
- Durchsetzung günstiger rechtlicher Entscheidungen in Bezug auf Lizenzverträge für substanzielle Liquiditätszuflüsse
Diese Maßnahmen zeigen das Engagement von Music Licensing, Inc. zur Bewältigung von Herausforderungen und zur Sicherstellung des langfristigen Wachstums für Investoren.
- Introduction of new share classes to increase shareholder flexibility and attract diverse investors
- Planned distribution of new shares as dividends to reward existing shareholders
- Forward stock split to improve share affordability and boost liquidity
- Enforcement of multiple favorable legal judgments expected to generate significant cash inflows
- Recent reverse stock split failed to achieve intended objectives, leading to stock price decline
- Difficulties in locating a broker-dealer or investment bank for a long-term stock buyback program
- Reduced liquidity in the stock following the reverse split
Naples, FL, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a publicly traded leader in music rights management, today announced a series of strategic actions aimed at addressing the decline in stock price following the company’s recent reverse stock split, which failed to achieve its intended objectives. To counter the negative effects of the reverse split, the company is introducing new share classes and preparing for a forward stock split, part of a broader effort to restore shareholder value and improve market liquidity. These actions are designed to reverse the challenges created by the reverse stock split and set the company on a path to future growth.
Earlier this year, Music Licensing, Inc. conducted a reverse stock split with the goal of enhancing its stock price and improving marketability. However, the reverse split did not deliver the anticipated results, leading to a decline in stock price and reduced liquidity. Despite efforts to stabilize the market, the company faced difficulties in locating a broker-dealer or investment bank to facilitate a long-term stock buyback program. In response to these issues, Music Licensing, Inc. is taking decisive steps to introduce new measures aimed at recovering lost value and enhancing shareholder benefits.
Central to the company’s plan is the creation of new share classes. Music Licensing, Inc. is working closely with its legal counsel to develop these new classes, which will offer increased flexibility for shareholders and attract a broader range of investors. The company plans to distribute these new shares to current shareholders through a share-based dividend, rewarding existing investors and encouraging greater market participation. Legal documentation is currently being finalized, and the company will submit with the help of a Market Maker the necessary Form 211 applications with the Financial Industry Regulatory Authority (FINRA) to facilitate public trading of these new share classes, increasing liquidity and investor engagement.
In tandem with the introduction of new share classes, Music Licensing, Inc. is moving forward with a forward stock split. This forward split is designed to increase the number of outstanding shares and make the stock more accessible by lowering the price per share. By improving share affordability and boosting liquidity, the company aims to stimulate trading activity and restore market confidence. The forward stock split is seen as a crucial step in addressing the decline in stock price caused by the reverse split, and the company is currently drafting amendments to its Articles of Incorporation and obtaining board approvals to ensure a smooth execution.
Alongside these financial measures, Music Licensing, Inc. is actively enforcing multiple favorable legal judgments related to its licensing agreements. These judgments, which stem from the enforcement of contractual obligations, represent significant financial opportunities for the company. The monetization of these judgments is already underway, and the company expects substantial cash inflows from these efforts, further strengthening its financial position and supporting these shareholder-focused initiatives.
By introducing new share classes, implementing a forward stock split, and monetizing favorable legal judgments, Music Licensing, Inc. is taking decisive steps to reverse the decline in stock price and restore value to shareholders. These initiatives reflect the company’s commitment to addressing the challenges posed by the reverse stock split and ensuring long-term growth and stability for its investors.
About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) formed in the United States. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of
Additionally, Music Licensing, Inc. (OTC: SONG) owns royalty stakes in Listerine "Mouthwash" Antiseptic and musical works by artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and numerous others.
Forward-Looking Statements:
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.
Non-Legal Advice Disclosure:
This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.
Non-Investment Advice Disclosure:
This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication
Contact: investors@ProMusicRights.com
SOURCE: Music Licensing, Inc
FAQ
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