UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report: ~~November~~March 89, ~~2016~~2017

(Date of earliest event reported)

BETA MUSIC GROUP, INC.

(Exact name of Company as specified in its charter)

Florida	333-113296	26-0582871
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification Number)

7100 BISCAYNE BOULEVARD

MIAMI, FL 33138

(Address of principal executive offices) (Zip Code)

(212) 249-4900

(Registrant’s telephone number, including area code)

n/a

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

This Current report on Form 8-K contains forward-looking statements which include, but are not limited to, statements concerning expectations as to our revenues, expenses, and net income, our growth strategies and plans, the status of evolving technologies and their growth potential, the adoption of future industry standards, expectations as to our financing and liquidity requirements and arrangements, the need for additional capital, and other matters that are not historical facts. These forward-looking statements are based on our current expectations, estimates, and projections about our industry, management’s beliefs, and certain assumptions made by it. Words such as “anticipates”, “appears”, “expects”, “intends”, “plans”, “believes, “seeks”, “estimates”, “may”, “will” and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual results could differ materially and adversely from those results expressed in any forward-looking statements, as a result of various factors. Readers are cautioned not to place undue reliance on forward-looking statements, which are based only upon information available as of the date of this report. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

The Company would like to take this opportunity to provide a corporate update to our shareholders as of ~~November~~March 89, ~~2016~~2017:

On June 30, 2015, Beta Music Group, Inc., a Florida corporation (the “Company”) and ChoiceTrade Holdings, Inc., a Puerto Rico corporation and the parent company of ChoiceTrade, an online broker (“Choice”) executed a non-binding letter of intent to exchange at least a majority of the Company’s unregistered, unissued shares of common stock for all of the issued and outstanding shares of Choice (the “Letter of Intent”). On September 1, 2015 an amended non-binding letter of intent was signed between the Company and Choice to reflect minor changes in the original letter of intent signed on June 30, 2015. The final amount of the Company’s shares of common stock to be exchanged (the “Exchange Shares”) will be specified in a Share Exchange Agreement where the exchange shares will be delivered by the Company to the shareholders of Choice at closing. After completing the Share Exchange Agreement, the intention is to continue Choice’s historical business, including changing the corporate name and replacing the Company’s Board of Directors with appointees of Choice and former Choice shareholders are expected to own a controlling interest in the Company.

~~On September~~The 1,Company ~~2015~~and anChoice ~~amended~~are in ~~non-binding~~the ~~letter~~process of ~~intent~~closing ~~was~~of ~~signed~~their ~~between~~Share ~~the~~Exchange ~~Company~~Agreement ~~and~~contingent ~~Choice~~upon tothe completion of ~~reflect~~a ~~minor~~private ~~changes~~offering in of the ~~original~~Company’s ~~letter~~securities ofin ~~intent~~an ~~signed~~amount onand ~~June~~pursuant ~~30,~~to ~~2015.~~terms ~~The~~reasonably ~~final~~approved ~~amount~~by of the Company’s and ~~shares~~the approval of ~~common~~both ~~stock~~companies’ toboard beof ~~exchanged~~directors. ~~(the~~The ~~“Exchange~~Company ~~Shares”)~~and ~~will~~Choice beare ~~specified~~ in athe ~~Share~~process ~~Exchange~~of ~~Agreement~~working ~~where the~~to ~~exchange~~with ~~shares~~several firms ~~will~~with beextensive ~~delivered~~expertise byserving the ~~Company~~Chinese, toHong ~~the~~Kong ~~shareholders~~and ofAsia ~~Choice~~Markets atand ~~closing.~~regulatory ~~After~~expertise ~~completing~~pertaining to the ~~Share Exchange~~successful ~~Agreement,~~expansion ~~the~~of ~~intention~~facilitating isnew tocustomer ~~continue~~growth. ~~Choice’s~~The ~~historical~~Company ~~business,~~and ~~including~~Choice ~~changing~~are ~~the~~also ~~corporate~~in ~~name and replacing~~ the ~~Company’s~~process ~~Board~~ of ~~Directors~~working ~~with~~together ~~appointees~~regarding the securing of ~~Choice~~between ~~and~~$2.0 ~~former~~million ~~Choice~~and ~~shareholders~~$5.0 ~~are~~million ~~expected~~of capital to ~~own~~close athe ~~controlling interest~~Share inExchange ~~the Company~~Agreement.

~~The~~Since ~~Company~~the ~~and~~completion of the amended Letter of Intent on September 1, 2015, Choice ~~are~~has inspent ~~the~~a ~~process~~substantial amount of ~~closing~~working capital to prepare for the expansion of their ~~Share~~operations ~~Exchange~~in ~~Agreement~~the ~~contingent~~Asia ~~upon~~and ~~the~~other international markets. ~~completion~~Choice has signed a business ofpartnership agreement with a ~~private~~U.S. ~~offering~~subsidiary of one of the ~~Company’s~~largest ~~securities~~and inthe anmost ~~amount~~respected Internet-based ~~and~~financial ~~pursuant~~service toproviders ~~terms~~in ~~reasonably~~China. ~~approved~~Choice byhas ~~the~~also spent ~~Company and~~capital on the ~~approval~~continued development of their ~~both~~owned ~~companies’~~software ~~board~~technology ofincluding ~~directors~~web-based front-end and back-end routing engines. The ~~Company~~web-based ~~and~~front-end ~~Choice~~is ~~are~~mobile-enabled that inis ~~the~~easily ~~process~~translated ofinto ~~finalizing~~foreign anlanguages ~~engagement with~~to ansupport ~~investment~~Choice’s ~~bank~~proposed ~~that~~expansion ~~has~~into ~~extensive~~China ~~expertise~~and ~~serving~~other international markets. Choice anticipates the ~~Chinese~~development ~~Markets~~of their technology and ~~regulatory~~proprietary ~~expertise~~new ~~pertaining~~account toprocessing ~~the~~software ~~successful~~will ~~expansion~~allow offor ~~facilitating~~high volume of new ~~customer~~accounts ~~growth.~~to ~~The~~be ~~Company~~opened ~~and~~at ~~Choice~~low ~~engagement~~cost ~~with~~for ~~the~~new ~~investment~~customers ~~bank~~from ~~encompasses~~China ~~the~~and ~~goal~~other international markets. Choice ofexpects ~~securing~~that ~~between~~its ~~$2.5~~cloud-based ~~million~~infrastructure ~~and~~will ~~$5.0~~be ~~million~~quickly ofand ~~capital~~inexpensively scalable to ~~close~~accommodate ~~the~~thousands ~~Share~~of ~~Exchange~~new ~~Agreement.~~customers and trades.

~~Since~~The ~~the~~Company ~~completion~~is ofin the ~~amended~~process ~~Letter~~ of ~~Intent~~engaging oncorporate ~~September~~counsel 1,to ~~2015,~~domicile ~~Choice~~the ~~has~~Company’s ~~spent~~corporate aheadquarters ~~substantial~~from ~~amount~~Florida ofto Puerto ~~working~~Rico. ~~capital to~~The ~~prepare~~Company ~~for~~anticipates ~~the~~that ~~expansion~~corporate oftax ~~their~~structure ~~operations~~and inother ~~the~~economic ~~Asia~~benefits ~~and~~of ~~other~~Puerto ~~international~~Rico ~~markets.~~along with Choice ~~has~~expansion ~~signed~~into aChina, ~~business~~Hong ~~partnership~~Kong, ~~agreement~~and ~~with~~other ainternational ~~U.S.~~markets ~~subsidiary~~will ofprovide ~~one~~increased ofvalue ~~the~~for ~~largest and~~our ~~the~~shareholders. ~~most~~The ~~respected~~Company is ~~Internet-based~~also ~~financial~~in ~~service~~the ~~providers~~process inof ~~China.~~working ~~Choice~~with ~~has~~legal ~~also~~counsel ~~spent~~related ~~capital~~to on the ~~continued development~~completion of ~~their~~the ~~owned~~planned ~~software~~spin-off ~~technology~~of ~~including~~the ~~web-based~~Company’s ~~front-end~~current digital ~~and~~media ~~back-end~~business ~~routing~~to ~~engines.~~the ~~The~~Company’s ~~web-based~~shareholders ~~front-end is~~of ~~mobile-enabled~~record ~~that~~at isa ~~easily~~date, ~~translated~~approved ~~into~~by ~~foreign~~the ~~languages~~Company, prior to ~~support~~the ~~Choice’s~~closing ~~proposed~~of the ~~expansion~~Share ~~into~~Exchange ~~China~~Agreement. ~~and other international~~The ~~markets.~~Company ~~Choice~~is ~~anticipates~~in the ~~development~~process of ~~their~~the ~~technology and~~working ~~proprietary~~with ~~new~~our ~~account~~auditor, ~~processing~~Malone ~~software~~Bailey, ~~will~~to ~~allow~~complete ~~for~~the ~~high~~prior and ~~volume~~current offinancial ~~new~~filings, ~~accounts~~which tohas bebeen ~~opened~~delayed atfrom ~~low~~the ~~cost~~time ~~for~~of ~~new customers~~ from ~~China~~signing ~~and~~the ~~other~~letter ~~international~~of ~~markets.~~intent ~~Choice~~to ~~expects~~the ~~that~~closing ~~its~~of ~~cloud-based~~the Share ~~infrastructure~~Exchange ~~will~~Transaction. beWe ~~quickly~~anticipate the prior and ~~inexpensively scalable~~current tofilings ~~accommodate~~will ~~thousands~~bring ofthe ~~new~~Company ~~customers~~current standing with the exchanges and ~~trades~~OTC Markets.

The ~~Company~~ ~~is in the process of engaging corporate counsel to domicile the~~ Company’s ~~corporate~~would ~~headquarters~~like ~~from Florida~~ to ~~Puerto~~ ~~Rico.~~thank ~~The Company anticipates that corporate tax structure and other economic benefits~~ all of ~~Puerto Rico along with Choice expansion into China and international markets will provide increased value for~~ our shareholders. ~~The~~for ~~Company~~their iscontinued insupport ~~the~~and ~~process of~~their ~~the~~patience ~~engagement~~as ~~with~~we ~~our~~work ~~auditor, Malone Bailey,~~ to complete ~~the~~this ~~prior~~complicated ~~and current financial filings, which has been delayed from the time of from signing the letter of intent to the closing of the Share Exchange Transaction~~transaction. We anticipate the prior and current filings will bring the Company current standing with the exchanges and OTC Markets. The Company is also in the process of working with legal counsel related to the completion of the planned spin-off of the Company’s current digital media business to the Company’s shareholders of record at a date, approved by the Company, prior to the closing of the Share Exchange Agreement.

~~The Company would like to thank all of our shareholders for their continued support and their patience as we work to complete this transaction.~~SIGNATURES

~~SIGNATURES~~Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

~~Pursuant to~~Date: March ~~the requirements of the Securities Exchange Act of 1934~~9, ~~the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.~~2017

~~Date: November~~BETA 8MUSIC GROUP, ~~2016~~INC.

~~BETA MUSIC~~By: ~~GROUP,~~/s/ ~~INC.~~Jim Ennis Jim Ennis Chief Executive Officer

By: /s/ Jim Ennis Jim Ennis Chief Executive Officer

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