UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 1-U

 

CURRENT REPORT PURSUANT TO REGULATION A

 

Date of Report (Date of earliest event reported): March 12, 2024

 

Music Licensing, Inc.

(Exact name of issuer as specified in its charter)

 

Nevada   82-3156625
State of other jurisdiction of
incorporation or organization
 

(I.R.S. Employer

Identification No.)

 

3811 Airport Pulling Road North, Suite 203, Naples Florida 34105

(Full mailing address of principal executive offices)

 

(833) 227-7683

(Issuer’s telephone number, including area code)

 

Title of each class of securities issued pursuant to Regulation A:

Common Stock, $0.001 par value

 

 

 

 

 

 

Item 9: Other Events

 

On March 11, 2024, Music Licensing, Inc. (the “Company”) announced the ratio of its previously disclosed stock consolidation (Reverse Stock Split) of 500,000:1. The Company anticipates that the immediate market reaction to this announcement may be negative. However, the Company firmly believes that once the stock consolidation becomes effective, it will significantly improve the Company’s position.

 

The Company has conducted a comprehensive analysis and determined that the stock consolidation is intended to result in a share structure similar to that of LICT Corp. (OTC: LICT) as of March 13, 2024. LICT Corp. served as a primary model for the Company’s decision-making process regarding this aggressive stock consolidation.

 

Furthermore, the Company acknowledges that failure to implement the stock consolidation before the end of March 2024 may result in significant adverse effects and potential loss of opportunities. The Company remains committed to executing the stock consolidation within the specified timeframe to mitigate potential risks and enhance shareholder value.

 

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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

 

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SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

      MUSIC LICENSING INC.
       
Date: March  13, 2024   By: /s/ Jake P. Noch
        Jake P. Noch, Chief Executive Officer

 

Pursuant to the requirements of Regulation A, this report has been signed below by the following persons on behalf of the issuer and in the capacities and on the dates indicated.

 

 

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