Naples FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC:SONG) is pleased to announce a series of transformative initiatives aimed at fortifying shareholder value and bolstering our standing within the Music Licensing sector.
Enhanced KYC Requirements through Plaid Integration
In our unwavering commitment to industry-leading standards, Music Licensing, Inc. (OTC:SONG) is thrilled to unveil the seamless integration of Plaid, a state-of-the-art technology solution. This strategic move significantly heightens our Know Your Customer (KYC) protocols, ensuring an even more secure and transparent environment for all stakeholders.
Milestone Court Hearing: FINRA Arbitration vs. OTC Link, LLC
Mark your calendars for October 4, 2023, as we anticipate a pivotal court hearing pertaining to the FINRA arbitration case against OTC Link, LLC. This development underscores our relentless pursuit of justice and Pro Music Rights is seeking compensatory damages in the amount of $386,574,108.25 plus interest and costs From OTC Link, LLC. In the FINRA arbitration case against OTC Link, LLC.
Empowering Financial Stability: Launching Litigation Collection Campaign
As part of our ongoing efforts to optimize cash flow and enhance profitability, Music Licensing, Inc. (OTC:SONG) is embarking on a strategic litigation collection campaign. This initiative serves as a testament to our commitment to financial robustness and long-term prosperity.
Revolutionizing Compliance with AI Innovation
Embracing cutting-edge technology, Music Licensing, Inc. (OTC:SONG) is actively exploring the transformative potential of artificial intelligence (AI) in the realm of regulatory filings. Our objective is to streamline the preparation of regulatory documents, including those submitted to the U.S. Securities and Exchange Commission (SEC). This forward-looking approach not only promises substantial cost savings but also underscores our dedication to efficiency.
Unlocking New Horizons: Pursuit of Main Board Listing on the Jamaica Stock Exchange
We eagerly await the issuance of a non-objection letter from the Financial Services Commission, Jamaica's regulatory equivalent to the U.S. Securities and Exchange Commission (SEC). This pivotal step will pave the way for our listing on the prestigious Main Board of the Jamaica Stock Exchange. It represents a remarkable opportunity for growth and investment diversification.
Our journey towards progress and innovation continues, underpinned by a resolute commitment to delivering exceptional value to our esteemed shareholders. Music Licensing, Inc. (OTC:SONG) stands poised for growth and prosperity.
For the latest updates and information, please visit our official website at ProMusicRights.com
About Music Licensing, Inc. (OTC:SONG)
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is the 5th public performance rights organization (PRO) to be 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 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Fall Out Boy, and countless others, as well as Artificial Intelligence (A.I.) Created Music.
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.
- SOURCE: Music Licensing, Inc.