SongVest Reviews 4

Songvest delayed my first dividend payment for nearly a year after their SEC shutdown. When it finally arrived, it was $5 instead of the $15 I should have received based on shares owned. They later admitted errors in "bonus dividends" with no correction system. No clear income breakdowns provided - just vague statements. They continuously re-release the same songs at higher prices (Beyoncé's Countdown went from $50 to $72) instead of offering new content. Customer support stopped responding after initial contact. Their financial disclosures show dangerously poor management. I regret investing and won't put another dollar in. Royalty Exchange is far more reliable.

I absolutely hate this company. I think its the most half ass ran company and shows why Royalty exchange is better. 1.) I had bought shares in beyonce's countdown song, I had to come to this platform bc it was the highest yield of any royalty I could find. A few months by, and I should have recieved my first dividend check, but they got temporarily shut down by the SEC because of audit. 2.) it took almost a 1yr to receive my first dividend, and it was $5, which wouldn't be that bad, except for that face each share should of made that, which meant $15 in back pay. 3.) oh but i'm confident they can do their math right, because then I got a "bonus" dividend" and a week later they came out saying some people got over paid, and some got underpaid 4.) there is no breakdown of income. 5.) they don't seem to sell "new songs", its the same song they just re-release and increase the price. I think beyonce's song originally went for $50, I bought for $60, and now they priced it at $72. 6.) customer support, initially when I emailed them they responded, and then the next time I followed up I got no reply 7.) their financials are disclosed in the paperwork and its awful, like Lehman Brothers 08' type bad financials 8.) I can't tell if they run a shitty business because they bad financials, or the bad financials are a result of the bad business. either way, I have invested a single dollar more since my initial investment.

Can not invest with this company. When you sent them an email or message trough facebook you get no response. So watch out with investing in this company. Its likely a scam.

Songvest is a scam. Simple. Don't waste your money.
Just don't do it. Go to a more reputable company, if there is such a thing