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StreamTrack Announces Cancellation of Potential $2.5 Million Royalty Liability
Marketwire - Thu Sep 05, 8:01AM CDT
StreamTrack, Inc. (OTCQB: STTK) ("StreamTrack" or the "Company"), a digital media technology services company operating within the internet radio and streaming media sectors, today announced the Company has executed a settlement agreement with Lenco Mobile, Inc ("Lenco"), the former owner of the Company's proprietary Radioloyalty(TM) music streaming and internet radio monetization platform. The following is a summary of the key attributes of the transaction.