Music Licensing, Inc. Issues Cease and Desist Notices in Response to False Narrative Campaign

Naples, FL, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a distinguished entity in the music licensing sector, announces the issuance of formal cease and desist notices to Mt. Zion Market Ventures LLC and Jacob Slade. This action reflects the company's unwavering commitment to preserving its integrity amidst a concerted effort to propagate misinformation.

Following an exhaustive investigation, Music Licensing, Inc. has identified Mt. Zion Market Ventures LLC and Jacob Slade, alongside their affiliates and associates, as responsible for orchestrating a malicious campaign aimed at disseminating misleading information and false narratives about the company across various social media platforms and chatrooms.

It has come to our attention that Mt. Zion Market Ventures LLC and Jacob Slade, leveraging a network of counterfeit social media profiles and personas, as well as numerous chatrooms such as "Simple Trade" and others, have deliberately targeted novice retail OTC and small-cap retail traders with deceptive information intended to manipulate market sentiment and undermine investor confidence.

In response to these reprehensible actions, Music Licensing, Inc. has taken immediate measures to safeguard its reputation and stakeholders' interests by issuing formal cease and desist notices to Mt. Zion Market Ventures LLC, Jacob Slade, and all affiliated entities. The company unequivocally demands an immediate cessation of all false and defamatory statements concerning its operations.

While Music Licensing, Inc. has thus far opted for the issuance of cease and desist notices, the company underscores its steadfast intention to pursue legal recourse should the aforementioned conduct persist. Music Licensing, Inc. remains resolute in its commitment to upholding the highest standards of transparency, integrity, and corporate governance.

The company urges shareholders and the general public to exercise discernment and prudence when encountering information disseminated via social media platforms and to rely solely on verified sources for accurate information pertaining to Music Licensing, Inc. Specifically, shareholders are advised to refer exclusively to official SEC filings, disclosures, and press releases issued by the company for reliable and validated information. These documents can be accessed via the SEC's website here.