Music Licensing, Inc. (OTC: SONG) Achieves Historic Milestone: 77.5% Reduction in Outstanding Common Stock Shares and Acquisition of Iconic Royalty Stakes
Outstanding Common Stock Shares Reduction:
- Outstanding Common Stock Shares Reduction:
Music Licensing, Inc. has successfully completed a remarkable 77.5% reduction in outstanding common stock shares, following the earlier extraordinary reduction of authorized common stock shares by 90%. - The proactive management of authorized and outstanding shares positions the company for sustained growth and financial strength within the dynamic music industry.
- Acquisition of Iconic Royalty Stakes:
In a historic move on November 23, 2023, Music Licensing, Inc. achieved another milestone through the acquisition of substantial royalty stakes. - In addition to the reduction in outstanding common stock shares and the acquisition of royalty stakes, Music Licensing, Inc. is pleased to announce its future plans for a buyback program.