Liveone is a discount music streaming service that owns Slacker Radio (pre installed on most Tesla’s and other vehicle brands) and supports streaming of live musical performances. Liveone also has a large catalog of podcast entertainment, have a partnership with Legible to deliver audio books as a built in app in to be installed in new vehicles. I could go on and on but I’ll just provide a link:
https://finance.yahoo.com/quote/LVO/
The stock has grown very well in the past and is up 159% YTD
A few days ago Liveone received approval to list Podcast one on NASDAQ as PODC.
The stockholder record date will be August 28th.
Liveone will pay a dividend of 48 shares of PODC for every 1000 shares owned of LVO.
At this point PODC is set to open at $10 a share on September 8th.
Here’s the link from todays conference call:
https://events.q4inc.com/attendee/354502113
One last bit of DD:
This will be an amazing opportunity for investors.
Let me know your thoughts.
[link] [comments] https://www.reddit.com/r/stocks/comments/15txist/liveone_lvo_spinning_off_podcastone_as_a_separate/
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