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Music Licensing Inc.

Operating

Sports & Recreation · Naples, FL

Estimated pre-money ⓘ
$22.8M
As of Nov 2022 · from Reg A Offering (2022) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$387,792,108
Crowd $1.2M · Private $386.6M · 4 rounds since 2016
Latest share price
$402,714.2857
Reg A+ · Equity · Oct 2016 offering price · in today's shares

Financials

FY2015–FY2024 · from SEC filings · hover any figure for its source
2017
2018
2019
2020
$35K
−$172K
2021
2022
2023
2024
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 2 earlier years are in the table below.

Metric
FY2015 audited
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
Income statement
Revenue
$50,100
—
—
—
—
—
$35,445
—
—
—
Cost of goods sold
$375,270
$0
-$23,780
-$138,534
-$14,714
$0
$0
$0
—
—
Gross margin
-649%
—
—
—
—
—
100%
—
—
—
Net income
-$375,270
—
—
—
—
—
-$171,643
—
—
—
Balance sheet
Cash
$239
$239
$8,584
$31,060
$5,095
$166,000
$166,000
$0
—
—
Accounts receivable
$50,100
$0
$16,800
$63,700
$24,661
$64,498,000
$65,169,000
$1,052,175,309
$86,955,541
$1,052,175,309
Total assets
$872,598
$872,598
$737,456
$690,415
$737,456
$690,415
$46,131
$62,298,968
$19,918,503
$62,298,968
Long-term debt
$940,581
—
—
—
—
—
$0
—
—
—
Total liabilities
$1,210,369
—
$1,712,456
$44,798
$1,712,456
$44,798
$96,732
$12,718,829
$23,722,102
$12,718,829
Other
Headcount
5
—
—
—
—
—
1
—
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$104.2M
est. pre-money
$22.8M
est. pre-money
Reg A+ · Equity · Oct 2016
Reg A+ · Equity · Nov 2022

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of Dec 31, 2024
ClassOutstandingVotes / shareShare of totalLast price
Common Stock30,005,9891100.0%$402,714.29Oct 2016

Shares outstanding over timein today's share terms

30M15M0
Mar 2016Dec 2024
Common StockPreferred StockRound openedSplit / conversion

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, Feb 27, 2025

  • Jake P. Noch Family Office, LLC1 Preferred J Stock86.0%of votes
  • Jake P. Noch Family Office, LLC9,001,800 Common30.0%of
  • Jake P. Noch4,997,368 Common16.6%of
  • Jake P. Noch0 Preferred J Stock3.33%of votes
  • Vito M. Roppo24 Common0%of
  • Rodrigo Di Federico17 Common0%of
  • Paul Ring2 Common0%of
  • James R. Chillemi2 Common0%of
  • Paul Ring0 Preferred J Stock—of votes
  • Rodrigo Di Federico0 Preferred J Stock—of votes
  • James R. Chillemi0 Preferred J Stock—of votes
  • Vito M. Roppo0 Preferred J Stock—of votes
  • Everyone else (not named in filings)10.7%

Sold to the crowd

  • Reg A+ · Oct 20163 shares at $402,714.29 in today's terms · sold as 597,000 Common at $2.00; since then each unit became 2.4832 shares (Aug 2022), a 1-for-500000 reverse split (Jan 2024)$1.2M

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $0 / $52.5MEst. pre-money $22.8M
Raised $1.2M / $20MEst. pre-money $104.2M
Raised $24KInvestors 2

Team

2 people
Jake Noch
Director
Vito Roppo
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-ZSep 12, 20250001213900-25-087115
    EDGAR
  • Form 1-UFeb 27, 20250001213900-25-017626
    EDGAR
  • Form 1-KFeb 27, 20250001213900-25-017673
    EDGAR
  • Form 1-UFeb 10, 20250001213900-25-011507
    EDGAR
  • Form 1-UFeb 4, 20250001213900-25-009708
    EDGAR
  • Form 1-UJan 17, 20250001213900-25-004378
    EDGAR
  • Form 1-UDec 12, 20240001213900-24-108056
    EDGAR
  • Form 1-UDec 9, 20240001213900-24-106666
    EDGAR
Source: SEC EDGARCIK 0001671132NVShare price $0.0064Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.