VALUE HIGHLIGHTS (As of 3-11-22):
55.5 million outstanding shares
Market Cap - $8 million, Enterprise Value - $12 million
$45 million sales so far in first 9 months with $2 million *net profit* (.04 eps per share)
Long stable history: Founded in 1982. Went public in 1994.
STINGRAY GROUP HOLDS 20% STAKE IN SMDM
Stringray is a public company on the Toronto Stock Exchange: Stingray (TSX: RAY.A)

HIGHLIGHTS (As of 3-11-22)
1. On August 11, 2021, Stingray (Canadian company) acquired a minority interest of 20% in SMDM for $2M (USA dollars)
2. Stringray is also profitable with $212 million (Cad) in revenue for the previous 9 months and *net profit* of $29 million (Cad)
3. Stringray Executive joined SMDM's BOD in December of 2021
MAY 2022 INVESTORS' PRESENTATION
(This Author's Interpretation Only -- Owner of 35,000 Shares at an Avg. Cost of .19 per share).