I would love to find it. Do you have a general minute-marker I can jump to? I'll try to skim it again. I don't have a full hour to listen to it all. Because they aren't telling truths, unfortuneately. If this was a sesson with Warren Buffett, I could listen. :) But I really want to hear their perceptions on MICS.

This is the same guy, Hweb, as JT_Trader noted at SA today;

https://www.cbsnews.com/news/palin-porno-spoof-producer-tricked-hedge-funds-says-suit/

Interesting profile emerges. It's going to be an adventure! My best case scenario for my *selfish interests* is we go to $20, and I buy back at $3. As a long. GME is still over $100, so I just can't predict anything. I would have epxected GME to be $12 right now if I would have had to make a bet at this time last year. So, I'm just going to let the cards fall where they fall. Any situation is good for me.

Their profound precense, even if the stock did crash, would be a huge majority underwater. And that too is good. I just have a good feelling about it all, despite all the drama and sleaziness around it. It makes it fun.

I also agree with what ENickerson said todsay:

@Racer-X Most upside explosive situation I've ever seen. All we longs need do is wait, or buy more to tighten up the situation even further. We already know Bitnile is happy to buy the stock up past $8. Even at $8, the stock is modestly priced, with a price/sales ratio substantially below 1.

That is my true feelings as I stated on the record before. A p/s significantly below 1 on this is a good value, regardless. So, a strong presence on top of good value and a potential naked short squeeze. Low OS count in totality. It just feels really good to me.

After skimming through the entire video, Hweb, I'd say your impressions are spot on. Along with my first impressions. But I do like them here. He reminds me a lot of a friend I used to know. One that is no more. The way he talks, his mannerisms. In short, a good salesman and not to be trusted. Perhaps sincere but deluded. A very good delegator. Loved to hear himself talk. I knew him from my very first *legal* job of *legal working age.* We were both waiters. I worked real hard, and he worked real lazy. But he had the gift of gab. Opposites attract I guess. And he made a huge empire later in life that blew my mind. I sure didn't see that coming. Again, greatest salesman and delegator. Sometimes the laziest of workers make the best entrepreneurs. And in the end, it all fell. And he's dead now. And it's a tragic story.

These two guys are very far off the mark and not grounded in reality. But, there presence here is a great thing. That's my opinion, and it's lining up with my original perception. My Stockholm Syndrom still in full effect. I love our captors. :)

I'm kinda jumping around. I guess he doesn't discuss MICS past two minutes in; is that right? That's a shame. I was hoping for more, but that's a good statement for the record. And a good comment about shorts

This is great stuff, Avid!!!! Thank you so much! There he is, explaining his motives on the record for MICS. I'm only two minutes in, so I have no idea what he is going to say. Thanks again!!! This is front page material.

Whether or not what he says is true (I'm not even past 2 minutes), or if he changes his mind, he's explaining his reasoning for buying MICS. AWESOME!!!! You are a HUGE contribution here. Wish we could find more people that work like you around here.

I have to post this video. Can you give me a little backgroung on exacctly who Milton Tod Autt is? I'm NILE ignorant.

Ms. Lin Lang has a lot of boxes in the background last night: Is that an answer to Zhong2's noble attempt for a good wine club video? I admit, I had to pick the best of the worst. I don't have a good one, and all the music is really bad on all of them. Even Allow's selection that made the final cut sounds like music from some of our tone deaf samples.

But I'm afraid this one can't rise above Allow's winning entry, Ms. Ling Lang. It's fresh! That was a good advantage. But it doesn't show much. Where is the traffic? Allow really set the bar low on that one.. We have some low bars up there, and some incredibly/impossibly high bars. I still suggest the Ailexi category if y'all want to present that product. This most definitely would have knocked that one off its pedestal and taken the stage. If y'all are having creativity and production problems, as it appears. Did the Peng Clan quit?

https://www.douyin.com/video/7110876966508596520?modeFrom=userPost&secUid=MS4wLjABAAAAmmnqUVe6z-GdGZDUTaOrGBh_CkxwlBwowQEKz8zwTyc

Official YBCN account posts a long Father's Day cartoon that doesn't make sense. Only shows our brand name at end. What does it mean? To me it means, our official looking account needs to get the Peng Clan back into the group asap!

https://www.douyin.com/video/7110837273771511053?modeFrom=userPost&secUid=MS4wLjABAAAARt-UERGwyMTtkHa-ZX5h0P635rfo7fQJLTkehviR_6N57oHep2GExlW5lUjSKYog

Sister Hua has a better Father's Day video. But still not as good as the work they used to do and are capable of:

https://www.douyin.com/user/MS4wLjABAAAAN8Cg6ww3iD-tlOnzwOfaZtlRFsNZN6gO6zVRCaXWUms?modal_id=7110780025191812356



My Conclusion: They have Father's Day in China too. Nice attempts at work, despite yet more holiday passes to not work. It's the thought that counts I guess...

Can you provide us a link to the podcast please, Avid? Thanks for your contributions here.

NAKED SHORT SQUEEZE potential?

This is a very interesting conversation I'm having with Eric Nickerson.

Source: https://seekingalpha.com/news/3728827-singing-machine-receives-minority-investment-by-stingray#comment-92642977

As a reminder, he was with Third Century Partners on some of our previous conference calls. Founder of this private fund:
https://thirdcentury.org/

Of interesting note, he has noticed that there are more shares accounted for than the entire OS. Same thing I mentioned before. He echoes my sentiment that there could be naked short selling going on at end.

Conversation below:


enickerson

@Racer-X and @JTrader_25 Per recent info received from MICS management: Bitnile has a $400 million war chest for doing deals just like this one - small enough to control, yet big enough to score huge gains. They've done very successful short squeezes. You do NOT want to short where Bitnile is long. Bitnile's 56%, plus all the shares management knows to be owned by folks like us add up to substantially more than the total shares outstanding. And Bitnile is still buying aggressively. Also, the short interest is well into six figures. I myself have lent out 112,000 shares to short sellers. Those shorts are paying 70% annual interest to borrow my shares. The short behemoths stacking up against the long behemoths are entering a titanic struggle. Yet the stock remains modestly priced. The scenario we're seeing the initial stages of here is exactly similar to Gamestop and AMC. Look for memes to come extolling the company's scintillating prospects, and counter-memes equally adamant about what a dog MICS is. Bitnile's obvious preferred play: make MICS the next Gamestop. Like I said in a previous post - buckle up.

One other thing. Bitnile has Gary Atkinson on record saying MICS doesn't need to raise any more money. So Bitnile can sue MICS if our company does move to sell more stock. This is an advantage the longs in Gamestop and AMC never had.

Racer-X

@enickerson that’s very interesting. I appreciate that angle. How can everything add up more than the known os? How is that possible ? Somebody exercised warrants they don’t know of yet ? Or somebody like stingray sold shares since what they last reported? Or illegal naked short selling ? What’s your take on that ?

enickerson

@Racer-X Minor correction: I own 112,002 shares long. I’ve lent out 104,977 to short sellers. The other 7025 shares will probably get lent out shortly after they arrive at Fidelity from TDAmeritrade next week. Shorts are presently paying 70% annual interest on the value of the borrowed shares.

The total long position in any stock is always equal to the total shares outstanding, plus the total short interest. Pretty obvious at this point that much of the short interest is naked, owed by licensed brokers using their privilege to sell short without first borrowing shares.

One more thing GameStop longs never had: With majority share ownership, Bitnile can take over MICS and use MICS’s now-ample cash to buy in company stock without having to use Bitnile’s cash.

Long enough to know that making promises is folly. Never promise. And never say never.

I promise you that will move the stock...so it is VERY relevant. You seem fairly new to investing based on your comments. Which is cool, we all gotta start somewhere. Whenever you're researching a stock, you should always look at the seasonality. Unfortunately MICS has significant seasonality. And their next 2 quarters to be reported are their seasonally weakest.

There is no one single approach to investing. Just ask Prem Watsa or Buffett. They don't look at seasonalities, which is another way of trying to time the market. Which is folly. I've been doing this so long that I'm grandfathered in the wild west rules of the '90s with my broker. I can do pretty much anything I want with them whereas others have their hands tied.

I don't make a quarterly prediction here, which makes me 100% correct. No matter out the outcome, my bases are covered. You are making a prediction, which gives you a flip of the coin to be right. And you may believe that coin flip is loaded on your supreme knowledge. Which would imply that the markets are not efficient. On that we agree. I am not in the efficient market camp either.

All I'm saying is that there is one big elephant in the room here. Maybe you think he's going to be panicked into a stampede by little mice running around his feet from a bad quarterly report? Well, who cares? He's the one that controls the traffic here. He can panic, run out the gates because he's a "sleazy stupid elephant" and then I can buy my 2,000 shares back at $2.00 and he loses a bunch of money. Does that sound like a ratinoal position to take to you? Or, he can be long. In which case, who's going to be selling? Just trickle down on light volume? That's possible. Some tech analysis guys insist that volume insist price. The gypsies in the room.

If this terrible quarter is so bad as you insist it's going to be, then the hurdles are low. All the stock has to do is beat expectations. Which you are saying are very low. So, what is the point? From my vantage point, there is no bad outcome here. I like our captors. So far, they aren't messing with the business. They simply took a majority position. In fact, they are market participants. Like you, me, ane everyone. They *are* Mr. Market in its totality. And we are up in price at a better valuation.

Are they long? Or do they have short term goals? Whatever their goals are, and I'm not a psychic, I bet they are here to profit. So, what does it matter? Sleazy or not? Shorts are sleazy if you ask me. Day traders are sleazy. That gypsy tech analysis guy that was here is sleazy. Sting Ray is cheap! I'm frugal! Who give a #$#@?

My position is, harness the power of this BIG ELEPHANT in the room. And ride him like Hannibal did in one of those Punic Wars. He's not such a bad beast and pretty tame right now. I think I'll ride on their coattails. No matter what they decide to do. Or direction they take. I benefit in either direction. My long term position hasn't changed. None of the facts have changed.

Buy value, sell high. Nothing changed. Easy in theory. Life is a bit more complicated than that, but that's the gist.

But isn't your own objection your own rebuttal here:

Anyone who is short could be about to learn a painful lesson.

I concur. Which is part contributor of my stockholm syndrome! LOL

They've got a nice profit right now, unfortunately they can't sell without crashing the stock.

Exactly! They need liquidity. They can't profit without it. That's a strong bull case right there! So, either they are in it for the long haul or the short haul. Matters not. I haven't ruled out a long term outlook for them. You seem to have ruled that out. For me, a short term outlook is even better if so. They have a lot invested. Alignment of interests. Can't leave without shooting themselves in foot. Need lots of liquidity to get out at a profit, and I think we both agree that profit is their motive. For me, I'm liquid at 1,000 shares in any scenario, so I love this setup! I'm not a threat, I'm liquid, my interests are aligned (be it short term or long term) and I'm like a cleaner fish on the whale here that just took over and controls the majority of all stock with a low float. That is indeed my bull case. I concur.

As for sleazy, well, that's open to interpretation. As I explained to our gypsy friend earlier with his tech analysis, I marry my stocks. But isn't there some saying out there that the perfect wife is a professional by day but sleazy at night? :) Well, this is a perfect marriage so far! LOL As I said, the PERFECT case would be for me to sell above $15, and I still think that's a reasonabl valuation as the stock was WAY undervalued and still is in y eyes. And then buy back at $3.00 to continue the long thesis. IFF our sleazy captors crash the stock after a pump/dump scenario. Which, again, that motive is pure speculation, but I welcome it. Or, they can be long too.

Really doesn't matter. I love them in all scenarios! I love my captors! Thank you for kidnapping us! Thank you sir, may have another! LOL

I'm serious!

All I know is that Q4 report is looming at the end of June. It's not going to be pretty. Not that it's Singing Machine's fault. It's just their seasonally worst quarter of the year. No way around that.

Completely irrelevant as I see it. Speculation. I'm not good at short term forecasting. Long term is all that matters. Our captors brought stability and took out the supply. The bull thesis remains. All things still hold true.

I'm too ignorant about NILE to even try to say why their stock is down 90%. I don't even know what their motives are when it comes to their own stock. Are they cashing in on the expense of their own shareholders? I don't know. I don't think a falling bitcoin bodes well to their business model. Especially for miners who incur greater and greater costs with each coin "mined," which was the model to keep bitcoin finite in the first place. Which to me is a huge Ponzi scam, but that's just my opinion influenced by Buffet and Munger and other things. I wish I got in on that at 25 cents 15 years ago!

Why do shorts short anything? Why did they short GME and AMC? I would say because they don't have the crystal ball our tech analasys friend thought that he had. I don't know why. If shares were lent out, I think it was a valid assumption as he noted that it would be shorts that they were lent to. Who else would borrow shares? The why is not so much important as to what factually is occuring.

I think facts here are that our float is incredibly small. It can be defined different ways, of course. And value is so subjective. I think tangible book is a good case. Every downtick is a stronger bull case and vice versa. And if shorts get caught in a situation where demand exceeds the supply of a float, and it's a massive bull run, they could be in the inverse psychological situation of bulls going the other directioin. With a small float, their covering would be fuel to the fire! It would be fun to speculate where the top could be in such a case. I may start jettisoning out 200 shares at a time. I don't have many shares left, sadly.

What I love is that I'm so tiny and I'm surrounded by behemoth of a captor that needs LOTS of liquidity to profit. So, they are either here for long term gains or short terms gains. Either way, I am not a threat to them. But they are pure saviors in my eyes. They brought stability, and the liquidity they need makes them a perfect host to ride on the coattails of should the stock explode. And with a low float, as I noted, shorts are playing with dynamite in my opinion. Whatever anyone is thinking at any given time is pure speculation. Those are just teh facts as I see them, and hence I'm experiencing mega stockholm syndrome here! I love our captors! Thank you for kidnapping me! :) LOL

BTW, I would be lending my shares out short too. My broker allows it, but not with a margin account. I preferred margin over that setup. Eric said there is a way around that, but I haven't talked to my broker about it yet. Interest rates are usually not that high. Those are exorbitant rates, which tells me between the lines (this was not discussed anywhere) that demand for shares to short must be very high and the supply low in relation. Just my thought, which is a good thing as I see it. They are literally in a tight situation -- hence, can really be squeezed here. And with every additional share bought by BitNile, they are feeling the squeeze all the more. The threat of a bull rally could be like facing a tsunami to them IFF that were to happen. The sky is their floor. So, I like my situation here.

SHORT SQUEEZE potential?

This is a very interesting conversation I'm having with Eric Nickerson.

Source: https://seekingalpha.com/news/3728827-singing-machine-receives-minority-investment-by-stingray#comment-92642977

As a reminder, he was with Third Century Fund on some of our previous conference calls. Founder of this private fund:
https://thirdcentury.org/

Of interesting note, he has noticed that there are more shares accounted for than the entire OS. Same thing I mentioned before. Which leads me to the question at the end.

Interestingly, last September of 2021 he said, "As of today, 408,000 of my SMDM shares are currently lent out, presumably to short sellers." So, I asked what he owns now too. I haven't even been adding that figure in, in order to get an idea of what our float is. Which must be incredibly small, which as I noted before, means incredibly explosive. LIke playing shorts playing with dynomite?

Conversation below (my question at end not answered yet as of this posting):


enickerson
Today, 1:14 AM

Comments (65)
|
@Racer-X and @JTrader_25 Per recent info received from MICS management: Bitnile has a $400 million war chest for doing deals just like this one - small enough to control, yet big enough to score huge gains. They've done very successful short squeezes. You do NOT want to short where Bitnile is long. Bitnile's 56%, plus all the shares management knows to be owned by folks like us add up to substantially more than the total shares outstanding. And Bitnile is still buying aggressively. Also, the short interest is well into six figures. I myself have lent out 112,000 shares to short sellers. Those shorts are paying 70% annual interest to borrow my shares. The short behemoths stacking up against the long behemoths are entering a titanic struggle. Yet the stock remains modestly priced. The scenario we're seeing the initial stages of here is exactly similar to Gamestop and AMC. Look for memes to come extolling the company's scintillating prospects, and counter-memes equally adamant about what a dog MICS is. Bitnile's obvious preferred play: make MICS the next Gamestop. Like I said in a previous post - buckle up.

One other thing. Bitnile has Gary Atkinson on record saying MICS doesn't need to raise any more money. So Bitnile can sue MICS if our company does move to sell more stock. This is an advantage the longs in Gamestop and AMC never had.

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Racer-X profile picture
Racer-X
Today, 8:32 AM

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Comments (6.74K)
@enickerson that’s very interesting. I appreciate that angle. How can everything add up more than the known os? How is that possible ? Somebody exercised warrants they don’t know of yet ? Or somebody like stingray sold shares since what they last reported? Or illegal naked short selling ? What’s your take on that ?

BitNile bought majority control of MICS

Y'all may not realize it, but your company took control of my little penny stock MICS this week. Y'all own about 56% of me now. You paid over $7 million for majority control. Details here:

https://investorshub.advfn.com/Singing-Machine-Company-Inc-The-16225

I was shocked! As we are a profitable Karaoke company. As soon as we did a reverse split to Nasdaq, y'all attacked us! We were just minding our own business, singing on a bus, not bothering anybody!

Interesting 8-K out today. Some worthy excerpts:

https://seekingalpha.com/filing/6526974

1. The Schedule 13D also reported that the aggregate purchase price for the Shares purchased by Digital Power Lending as of the date of the filing is approximately $6,832,385.91 and the source of funding for the purchase of the Shares by Digital Power Lending was its working capital.

MY COMMENTARY: I'd say that's $7 million is a steal for over $55 million in sales. Remember, Mr. Market was saying I was retarded!!! The fool never knows who he is.

That was only for majority control. But then it notes what they spent to get to their current level of 56.5%

Digital Power Lending expended an aggregate of $7,419,408.92 for the purchase of the Total Shares and the source of funding for the purchase of the Total Shares by Digital Lending was its working capital.

3. As these purchases were made in the open market, control of the Company was not assumed from a particular person or group of persons. The Schedule 13D reported “Mr. Ault expresses an interest in adding one or more shareholder representatives to the Issuer’s board of directors.” Other than the foregoing, the Company is not aware of any arrangement or understanding between or among BitNile, Digital Power Lending and Mr. Ault or any of their respective associates with respect to election of directors of the Company or other matters.


The Company is not aware of any arrangements that would result in change of control of the Company, other than the change of control reported above.

My Conclusion: Same. They brought stability, low float, and a much higher price. And so far, they aren't messing with the business. Yet... I like it. Sounds like they stepped in where Mr. Market failed. That is poetic justice in my eyes.

I say, let the cards fall where they fall.

Second Retail/Boutique Unit (Sticky Note):

The RETAIL tab notes one known unit below:

https://www.douyin.com/video/6996526283135995151?modeFrom=userPost&secUid=MS4wLjABAAAAmmnqUVe6z-GdGZDUTaOrGBh_CkxwlBwowQEKz8zwTyc

But a second one was identified as these three still images show:







Compare those to our RETAIL video (first link above). The number of steps leading to front doors are different. The sides of the building are different. Even the interior is different yet very similar. Dark woods and green floor as opposed to white floor and light colored woods. Even the same wall with the open circle in back is slightly different color with different symbols. Yet overall same layout. So there are also at least two retail/boutique units.

Source of Still-frames:
https://www.douyin.com/video/7030708459712564516?modeFrom=userPost&secUid=MS4wLjABAAAAQbcSAoTgZYA01HzW2hqCo4mwvSIK2vXhRiImoAKjKKFR8V7iUrh1pe8CLGFewp1r

test

Recessions are short lived, Hweb. Two years max generally. The Fed is working hard on a soft landing. The housing market really is out of control. They do need to tap the brakes.

Despite the headwinds, MICS added Walmart, was growing recurring revenue with much greater margins, and it was trading at a small fraction of a p/s ratio. Birthdays and Santa Clause continue regardless.

Right now, it really depends on what BitNile wants to do with us. That's the trump card to everything. Whatever they say goes. Resistance is futile. I feel like I'm aligned with their interests. Which is PROFIT. I don't think they are still buying in the 7's with an agenda of LOSS. So, I'm all on board with Starship PROFIT here. :)

Some feedback to my multiple theories:

JT_Trader has expanded further on his views when I asked him at Seeking Alpha. It's an interesting and valid perception of things I think:

Source: https://seekingalpha.com/news/3728827-singing-machine-receives-minority-investment-by-stingray#comment-92637775

Racer-X
Today, 8:22 AM

Premium
Comments (6.74K)
@JTrader_25 you mean literally sell the company to another corporation ? Or hype the stock up and sell it at a profit ?
I’m happy with either for a quick profit. It would be poetic Justice in a way for them thinking long term justification for short term pain. When they should think short term and long term rewards. That would be great.

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JTrader_25
Today, 9:55 AM

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Comments (1.08K)
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@Racer-X Either one, but with 56% control I am sure NILE could force a sale of the company to another company at the right price. It will unfold, it is possible they have a longer term view. They present themselves as activist investors so anything is possible as long the stock goes up. There is an SA article on NILE that discusses their micro cap holdings and not all of them have done so well, but they will flip for a quick profit. Not sure what will happen. I speculate they did not know of this company until such time it filed for up-listing, and offering. They saw an opportunity to grab control and then figure it out later. They are activist investors in micro caps.

--------------------------------------------------------------

MY CONCLUSION: It all makes sense to me. Seems like Erick Nickerson offered good advice to me when he said "buckle up." I like it! I see we are in the 7's now. If more buying from BitNile, our float is just that much smaller today.

In fact, doesn't this all sound just like my initial visual presentation the moment this all happened:

Zhong2 answers my Clarion Call:

She heard I was searching for a CLUBS video, and she answers today with a new CLUB video! That's service. That's why she's VIP and Sunset and his entire clan are in the slacker category. In fact, part of his clan is inappropriately in the worker class about to be demoted.

https://www.douyin.com/video/7110057794006453504?modeFrom=userPost&secUid=MS4wLjABAAAANPxxGkXsHnKebbql-d65qMQHk0utvM4G-ZW3u3VfNzE
#Yongbaichao Maoxiang Wine Club welcomes you #Thank you for your support along the way

Thank you, Zhong2!! I'll give this strong consideration. It could be better. Could use some traffic and better music. I know you like to fly solo, but could you ask Allow to take a look and make a different music selection please? Music is very important. It can make or break who gets employee of the week.

And speaking of flying solo, I'm impressed with your stunt today:

https://www.douyin.com/video/7110062480944123177?modeFrom=userPost&secUid=MS4wLjABAAAANPxxGkXsHnKebbql-d65qMQHk0utvM4G-ZW3u3VfNzE

That's really neat, but can you leave the stunts to Tom Cruise? He likes to do crazy stuff like that, but he's making multi-dollar movies. That's dangerous business. I'd prefer if you just stay inside the plane. Maybe put our logos on the planes when it's on the ground!! If that's what you're trying to do out there? Perhaps this is your next project? From trains to planes? I don't know. But keep up the good work and stay safe!!!!

I wonder if this is how Julius Caesar felt like when he was kidnapped by pirates. That's the story circulating out there if it's true. He got angry with the pirates when they were holding him for ransom because his ransom price was too low. He was insulted. And he vowed to kill them all. And they laughed at him. And then later, he killed them all! After he convincinced them to raise the ransom price, that is! LOL

I like the sound of that. We should tell our captors to raise our ransom if they ever give a price. Or, they all die!

I feel like by this time our senior mgmt. would have a very good understanding of who NILE is, and I bet communication has been ongoing. Probably not hugging, but talks of a shotgun wedding maybe.

In short, I think they are buying beyond the minimum threshold for takeover to profit all that more. As JT_Trader noted last night at Seeking Alpha:

Cannot think of any agenda other than to sell the company and make a quick profit. They have done this before... ....Other than required SEC forms, I do not see any press release from NILE on their website, yet they have press releases on other recent deals.

I like the sound of that. I'd like to go find these PRs at NILE that JT is looking at. Anybody have a link to a good one for a possible parallel case scenario? I guess his theory could mean pump the stock up as Hweb thinks. Or, maybe it means ssell the entire company to another corporation for a quick profit. Give new meaning to the turn-key operation! Or, ransom letter to Stingray? Pay up for your cheapness! All 3 possibilities are all poetic in my mind. For such trouble, they must be thinking $15 per share minimum? Which would be right where I valued the company on the record before they revealed themselves. Because it truly was undervalued as I see it. And now they have us by the tangible balls!

Hweb, you say:

But I don't understand why NILE is trying to pull a stunt like this when the market is so awful. And when MICS has to report their fiscal Q4 results in less than 2 weeks. Since that's their seasonally weakest quarter of the year by far, MICS is likely to report a sizable loss on puny revenues. So why would you buy a huge chunk of the company right before that??


I would say when opportunity knocks, answer. They can't time the opportunity knocks. Plus, sophisticated buyers of an entire company would not be so short sighted. They'd see the value. Or, if it's a hype that's planned, then they can take their time. Right now, they have their prey and we can't escape. Like buying real estate in the financial crisis of 2008 like I did. How can you wrong? I wouldn't touch it now. And just wait for your time to come. IN the meantime, they accumulate more because they have a plan and it is good! And the more they buy, the smaller the float!

That's my possible theories, and I like them all! I wouldn't mind being sold and/or hyped to $15 or higher for a quick $14,000 net profit in less than a year. My margin debt is now at around $18 or $19 thousand. That would pay it all down to just a few thousand again. I like the sound of everything here.

I'd like to defect! I want to join the Borg! No resistance here! Take me with you to the promised land!!!! :)

Or, another possibilitiy is that they love this Karaoke company so much that they just want to make it better and be a part of our team. Bitcoin and Karaoke can go together like chocolate and peanut butter. But, I'd say that's reaching. Can't rule it out though. Even if it is madness, our captors could be mad men! All speculation at this time, and I love it!

If there are at least two retail centers as these still frames prove, with this network, it doesn't seem far fetched to believe that Planet X has a decent chance of existing -- A 4th clinic. There has been chatter of a 4th clinic. I've not seen evidence of it. Then again, I'm just now seeing evidence of a second boutique unit.

A 4th clinic may or may not be out there that can verify some chatter from different sources. The sources all seem sincere. That doesn't mean they can't be passing around bad intel between each other. But, on the other hand, their lack of communication skills to the world do show that they wouldn't be hyping up any numbers with proof. The only things we know, we have to pry and dig for. Jerks!

I should have it arranged to have bugs put in all their cars, walls, and places of business. And surveillance 24/7!

There are two "retail" units. Two boutique stores as I refer to them:

I didn't catch this before. This comes from just one clip from Wang back in November. It goes by so fast that I thought it was the same store. But it's not. This is her video:

https://www.douyin.com/video/7030708459712564516?modeFrom=userPost&secUid=MS4wLjABAAAAQbcSAoTgZYA01HzW2hqCo4mwvSIK2vXhRiImoAKjKKFR8V7iUrh1pe8CLGFewp1r

These are three still images.







Compare those to our RETAIL video. The number of steps are different. The sides of the building are different. Even the interior is different yet very similar. Dark woods and green floor as opposed to white floor and light colored woods. Even the same wall with the open circle in back is slightly different color with differnt symbols. Yet overall same layout. So there are also at least two retail/boutique units.

https://www.douyin.com/video/6996526283135995151?modeFrom=userPost&secUid=MS4wLjABAAAAmmnqUVe6z-GdGZDUTaOrGBh_CkxwlBwowQEKz8zwTyc

SLACKERS!!! Im surrounded by a bunch of slackers! They all could have taken better video of this, but nobody does. They just jack around. Pisses me off!

I found this by accident, looking for one more good category video called CLUBS. Since they do have wine clubs. But I'll do that later. I stumbled upon this in that search. I wish they could stop hiding and start acting appropriately! Worst Amway Distributors on the planet. Don't find us, we'll find you. IFF you're lucky. That must be their marketing slogan.

Wow!!!! Thanks, Hweb! Dang, that's incredible.

The amended filing says "PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 56.5%"

Holy cow! They own 56.5 of our company now??? So, it's not just about majority control. The only reason to buy even more shares is to profit more. Right? That still ties into my dark theory which I hope turns into manipulation. But, facts don't speak for themselves. That's just a more fun way to think of it, and I could be way off. That's just my personal favorite theory is all. And I'm still on RED ALERT -- Alert meaning, stay alert. Because I dont know what their motives are. They just look sinister to me. And plus I'm a cynic! Plus, I was just minding my own business and got abducted here. Literally. With no communication. So, I lean to sinister.

That means the last two days of low volume is mostly them. That bolsters the argument that they are holding us steady. And now that's even LESS FLOAT. As I'm defining it - paper hands. I'm shocked. I would buy back my 2,000 shares I sold if I didn't already spend the money. I'm really curious to know what they are up to.

More shares mean what? We can rule out more control. They only needed 51%. Any theories you have, Hweb?


SHARED VOTING POWER of our captors:
1,502,482 shares

Distribution has always been the foundation of my theory. Distributor is a good term. Brings me back to my original premise of Amway. Amway distributors. And also unaccredited investors at the same time. So, lots of pride and rightfully so. Comes with brand loyalty, brand propaganda, and brand exclusivenss!!! It's a pyramid model. Which can be a perfecly valid model in China and maybe exel there. I don' tknow. And we have slackers, workers, and VIP. Just like Amway. Some are natural born sellers. That *might* be what Zhong's car dealership is about. I don't know. I'll just throw one possibility out there with NO SUPPORTING EVIDENCE.

Perhaps she's been selling this car dealership on her product. Because unlike half of our agents, she actually WORKS!! That might tie into the "share your product" rhetoric. Maybe she's a real go getter and they are her clients now. Or maybe something else entirely. That's problem with facts. They don't speak for themselves. Another good example of why facts must be interpreted in the light of theory. I can't rule it out, but so many other possibilities exist too. It's reaching. Maybe that's why she does her own thing because she doesn't want to share like the others. The others seem group focused. She seems more like, Screw y'all! I do all the work, so I'm going to take all the money! LOL She may be the Pink Cadillac of Mary Kay Cosmetics.

And then, if I really want to go out on a limb. Maybe those signs are invesments of our members too. We have the whole Allow Clique mesmerized with their quadruple-sign. Maybe they invested in that sign themselves. Maybe it works like a middle man with vending machines. Where YBCN finds the location and makes the contract, they put up the money, and they advertise their product that way. Maybe there is a promo code attached to it or something, because I don't know how they could track sales for a commission based system that way. So, that becomes a weak argument there.

And maybe that's why Zhong2 doesnt' care about their signs. She has her own sign. The Long Ranger. She doesnt' want to share. So she invested in a single sign and maybe it has an eye scanner on it. So anybody that looks at the sign, and Iphone Facial technology remembers them if they buy the product, and then that face would go to Zhong's commision schedule. Or some way to track sales that I can't think of. Or, maybe that's just a really bad theory. But Zhong seems to have her own sign and nobody else seems to care about her's. These people are one big enigma.

Or maybe it works on a point scale of some sort. Some overall weighted measuring system on all sales based on how much you, as an indivdual, invested in the signs and their placement value, etc. Or, maybe YBCN is paying for them. Who knows. They don't talk. And when they do talk, it's in Chinese. Damnit! And it's fragmented at best.

What is Zhong 2 up to?

You are right, DD. The videos last week of a car company don't make sense to me. I forgot about this one from May. Self-driving video also. I don't see the link, but her caption references us again:

From May of 2022, last month:

https://www.douyin.com/video/7094888987680132387?modeFrom=userPost&secUid=MS4wLjABAAAANPxxGkXsHnKebbql-d65qMQHk0utvM4G-ZW3u3VfNzE
[fireworks][fireworks]Lead the self- driving car, travel the world, and set off for Meizhou [celebration] [Gift][issue] [issue] [issue] #??????club welcomes you #good products to share together

What does she mean "good products to share together"? How do you share a car with wine? What does self-driving cars have to do with YBCN??

Her caption doesn't actually translate entirely on TikTok. But if you go here, it translates as Yongbaichou. She has an account on Youtube too, same video:

https://www.ixigua.com/7094888987680132387?logTag=2d1dc51d9a6353561b2d
[Fireworks][Fireworks] Pilot the self-driving, travel the world, and set off for Meizhou [celebration] [gift] [issue] [issue] [issue]# Yongbaichao Jiangxiang Wine ClubWelcome you#good products to share together

DOES NOT COMPUTE.

Then last week, as you note, she has videos of car people. Like this one. Self-driving banner unveiled. Self-driving cars in the video above from May. Links us with them in her caption. No link in the videos, but only in the captions. What is she up to??

https://www.douyin.com/video/7107912396060069160?modeFrom=userPost&secUid=MS4wLjABAAAANPxxGkXsHnKebbql-d65qMQHk0utvM4G-ZW3u3VfNzE
#A group of people insist on walking on one road # Yongbaichao Maotai Wine Club welcomes you

Way before Wang Fei bought this shell, there was that Chinese lady who was tied to an electric car company. It was vague on details. Somehow, some way, she's a connection to Wang Fei. Is this car company somehow related to her? I have no idea. Just grasping at straws again. Then again, everyone in the world is only separated by 6 degrees of separation.

Speaking of Zhong2!!!

There is another sign out there! She has an account on WeChat, and she has a little movie clip of another sign. Her audio is that of our spokesman's voice. I can link articles from WeChat but not their movie clips. This is a screenshot of it here. I'm sure I could do a movie too from my own screen, but I just don't want to go into settings and do the extra work:



That's a huge solo sign. That's not like the quadruple-sized sign we've seen in the SIGN category from different angles. Look at it yourself. So, there are at least two signs out there. Wow!

She also has a an interesting LONG commercial spliced together of some clips we've seen, and some new stuff on it. It's on a TV screen they are viewing in a little conference room or something. A small number of them. She records the TV screen screen, so it's watching a screen from a screen. They don't post everything. This all in the public domain. I wish they could quit trying to be like an Easter Egg Hunt and get this show on the road!

They should probably all be reprimanded for being good artists but the world's worst marketers.

My "heroes" haven't been here that long, actually. JPM is rather new, and Bandera's fresh capital infusion isn't even one year old. I think you underestimate their experience and intelligence, as well as Sam's power over them. I don't think they got "snookered." I think they have and always had great clarity. This wouldn't be their first rodeo, and Bandera Partners didn't get to be Warren Buffett's endorsement by being fools.

I don't know how familiar you are with Bandera Partners, but Jeff Gramm has a very long history of dealing with entrenched mgmt. I'm not saying he'll get on board with Denver Smith. If he doesn't, then this $10M runway has purpose and he sees lift off. I wouldn't underestimate him. I'd say .25 is a good price here. Bandera's capital is at .35, so I think that says it all right there. Unless one think they are "fools" that got "snookered," of course. That would be a way of dealing with a false assumption. The fool never knows who he is. I know that Bandera is much smarter than me, and in Bandera and Pappas I trust here. Whether or not they get on board with Denver Smith. And, no, I don't think his letter was for amusement purposes. I'm sure it is well thought out with strategic importance.

These are my counterpoints from my vantage point:

1) Sam steps down per Denver's request. I doubt it, but never say never. Win!

2) A proxy war ensues. I never said this would happen. I said I bet it happens. It doesn't need to. I think it only will if Bandera and Pappas are aligned with Denver's goal there. -- Another win!

3) Bandera and Pappas stick with Sam. Which means, they see lift off. Another win.

All bases covered. The stock is cheap for a reason, of course. I wouldn't want a rosy picture, and this is certainly no rosy picture. It's also been a safe place to be this year, as most penny stocks have been in this official bear market now. It's very low hurdles ahead, no matter what happens.

But it's very stable, sitting strong at tangible book value. Not many shares traded, which implies very strong hands right now holding tight. As the markets got pummeled on Nasdaq, our captors gave us stability and we are way up! What they do next will be interesting. I'm still waiting to hear from the bridge what communication has been going on....

Maybe there will be some NFT talk going on, since that's the same crowd as the Bitcoin people. I have to refocuse my thinking on how best to screw over the retail investor. Try to get into the mind of my perceived captors. LOL I'm all for it! Then, hopefully, they can let us resume our journey where we left off, after they do their fleecing. That's my best-case wish scenario!

Because our noble journey on the ethical Karaoke bus was very turbulent. Hence the saying, nice guys finish last! We can wash our hands clean of all malpractice after the death star is finished with us. And profit from it. Err, I hope... Hopefully they don't line us up in front of a firing squad. Not sure how they would benefit from that though. It will be all about them. So, think evil and maybe we can be rich! :)

BTW, did that gypsy with his technical analysis predict this? Of course not! All retrofitting BS. Astrology.

The sudden low volume also implies all this high volume was always these guys. Buying, selling, perhaps shorting too. All part of their orchestrated sneak attack? Again, somebody had to surrender their shares to them from the inside as well. Because between Stingray, the Secondary, and their 1.4 million shares, there simply isn't enough OS to account for all of it. So, in a nutshell, all volume has stopped once mission was accomplished. And the float is thin. Very thin, whatever it is. All poised for the perfect manipulative pump. IFFFF that is their motive. Please, I hope it is one of their motives. If so, may I suggest mgmt. do not resist. Resistance is futile!

At this point, it wouldn't really matter because they are already in the OS. All those percentages are pre-existing. And in theory, Carlson could buy up another 8% in the .20s before your proposed 15% threshold. Then they'd just need to find the other 4%.

They can't make anyone already in swallow any pills. My math adds up, right? Am I in err there somewhere? I don't see it being a huge leap to 51% if Bandera and Pappas both get on board. Those two are clearly invited in the letter, and the two are tight. And both have lots invested. More so than Sam. And a much better alignment of interests with us as opposed to Sam.

Yeah, I don't understand that. I was curious about it. Zhong 2 is like the Lone Ranger. She has a great work ethic too but doesn't seem to follow any flock. She was a line cook or a chef once before this. Somehow she got involved with YBCN in its early stages. I'm guessing through a friend of a friend. She earned the title of "Secretary Deputy General." Whatever that means. They must have liked her work ethic too.

Even during the meeting, she's off doing her own thing. I didn't understand her caption. Nothing seems to link us to YBCN in the group she's with except the captions. I don't get what the car company has to do with anything. Maybe they are trying to do advertising on cars like they did with trains? She's trying to get them into the club? I don't know. I like both of the Zhongs! Zhong 1 in the Allow clique, and Zhong 2 the Lone Ranger . I wish we could clone them both!

Whatever she's doing it's a mystery. I can't speculate yet. Maybe I'm reading too much into her caption. I don't know..

Yes, that's how I was pronouncing Ebier in my head. For once in my life, I seem to be pronouncing it right in my head...

Mission accomplished. But 8Ks or *all* filings aren't showing up as they do on AVNI, for example. Why there and not here? I'm asking mgmt. about that now... That's odd..

Thanks for the heads up. I'm torn. Should I register or not. It turns out that as that presentation was going on, on the 8th, the Borg were quietly purchased 83,500 shares that day. Just as the company is presenting the future, they are plotting and scheming and executing under the cover of darkness.

I wonder how much of those plans are still valid. I wonder if I should wait for the YouTube version. I am very interested, and I do appreciate the heads up. I just don't know what the motivations are here. There was talk in one of those filings of combining financial statements, which would really obscure anything MICS related it seems to me. The waters are muddy right now.

I really hope we are just used for manipulation and then they let us. Like a fisherman throwing his fish back into the water. Just so we can go repopulate and they can come back and eat us again when we are bigger. :)

I was thinking the same thing. Getting close to 300,000 shares makes you wonder what percentage of the float that is. If Stingray had 24% of the shares before this hijacking, that's around 800,000 shares. The private placement was for 1 million shares with big solid investors. Now our Bitcoin miner owns 1.4 million shares. That's already more than all the OS.

Somebody sold something to this predator. So what is the float of just normal paper hands out there? 300,000 shares has to be a big percentage, whatever it is.

I can only imagine what 3 million shares traded in a day could do. It could blow the roof off in theory. I hope our captors understand that, and I hope that's one of their many motives here. I hope a ransom letter was sent to Stingray since they got greedy with a $4 offering that was on the lowest end of the spectrum. Karma punch in the mouth is what they need. And just because they are bigger and richer. But I *also* hope they are discussing something with mgmt. behind the scene where they can issue a valid, yet hyped up PR and throw some bitcoin language in there just for kicks. Why not? I'm all for the ride. And I hope they have a membership at Wallstreet Bets and good relations with one of the corrupt moderators over there. Hopefully they have a master manipulator as a business consultant and all these things are being sorted out. :)

And Nickerson's 100,000 shares lent out to shorts are actually pretty significant to the float, whatever it is. If shorts were forced to cover during a massive volume run-up day, that's just extra lifting power. We need to reach escape velocity!

Working on fixing the filings and the chart here.

This board has been "broken" a long time in respect to the stock/chart thing. This happened to me some years ago, and I had to have mgmt. fix it. They explained that some setting got turned off somehow and that only they could fix it on their end. I wonder what the glitch is in the system that knocks it off.

Like here, at MICS, you can see the price, chart, and FILINGS underneath it. Primarily, it's the filings I want to see so we don't always have to go elsewhere to look. Everything should be at our fingertips in a perfect world.

https://investorshub.advfn.com/Singing-Machine-Company-Inc-The-16225

I'm talking to mgmt. now to hopefully get this working again.

My Short Squeeze Hope:

My interesting conversation with Eric NIckerson at Seeking Alpha explains how his shares are lent to shorts at a huge interest rate. He's present in the Q&A of our conference calls (not a company insider). That means he's long and collects risk-free high interest for doing so. Especially high interest in this stock, so he's truly sticking it to shorts and rightfully so.

enickerson
Yesterday, 2:01 PM

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@Racer-X I can’t add much new info here, guys. Pretty strange territory for me, too. But it may be useful for all of us longs to know that I presently have lent out to short sellers 84,663 shares. Those shorts are presently paying 48% annual interest. Buckle up.

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Racer-X
Yesterday, 2:39 PM

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@enickerson You should lend ALL of your shares out! Make the short squeeze meaningful!!! :)

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enickerson
Today, 11:34 AM

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@Racer-X I don’t control what gets lent out. A team at Fidelity cuts the deals directly with borrowers. Since my previous post, all the rest of my shares are lent out (105,000), except for 7000 still stuck at TDAmeriyrade. Interest rate steady at 48%.

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Racer-X
Today, 11:43 AM

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@enickerson Wow, that's awesome! That's good to know. I still haven't met my goals to set up a whole other account for that yet. It's my plan to do. Sounds fun to experiment with.
I hope sinister looking bitcoin miner can hype us up. It sure is quiet out there. Company is speechless it seems. Shell-shocked I suppose. I hope ransom demands are being made. Make Stingray pay $15 a share for their greed. And then maybe some bitcoin hype talk by this death star that captured us. Make the shorts cover in the hype/manipulation, and then they can spit us out, exit, and I'll buy back in at $3 in a perfect world, and we can continue the quest.
Your hefty interest rates almost seem like they are in violation of Usury laws. I'm not complaining though! Stick it to shorts. Shorts must be an exception to the rule and rightfully so! LOL
We were just a happy-go-lucky bus of Karaoke kids. Kidnapped by this evil empire. No warning shots fired. That's just rude!

Interesting. Thanks for posting that. It gives them liquidity for sure. What I like about all this is that Bandera's money is essentially my hostage as I see it. It's a ransom. He put up his own capital, and it's in the form of common stock and at .35ish per share if memory serves correct. So, that's a huge motivator. Bandera is very competent with a long history of shareholder activism and Warren Buffett's endorsement.

Pappas and he are literally best friends. Don't make this stuff up. Pappas is the largest shareholder here. So, I"m not sure why DickMo thinks Sam is untouchable with an ace up his sleeve. He is outgunned if Pappas and Bandera get on board with the Carlson team. Bandera's own capital influsion was dilution in the form of votes in his favor, in fact.. I ask DickMo to do the math himself here and tell me where I go wrong. I assume Bandera and Pappas will back Carlson. And if they don't, then they see a bright future on that runway and they are not fools. My bull thesis is around Bandera. Not Sam.

The winning votes if a proxy war were to ensue, which I suspect will happen. And don't expect Sam to go peacefully. However, his own shares become a gun to his own head as well in his own defiance. Similar to Putin's dilemma. The math below that I posted at Seeking Alpha:

COUP D'ETAT

So Denver Smith's bio says, "He previously was a portfolio manager at 73114 Investments, LLC, and eventually became CIO of 73114." 73114 Investments owns 2% of IVFH and is the 8th largest shareholder. So, I bet he has their votes for sure. He must have calculated the chances of all of this.

That makes Carlson's true vote count 9% in my eyes. JCP Investments (Pappas) is the largest shareholder at a 21% stake. And he just goes together with Bandera in my eyes, the 4th largest shareholder at 9%. So right off the bat, assuming Pappas and Bandera will get on board, I see 39% percent in the bag. Assuming my thoughts on that are correct. And who's to say that off the record they haven't already talked and had all this planned? I sure hope they did! I love the unofficial records even better sometimes!

Sam and Hank collectively own 22%. Not sure what the 3rd target for removal has, but they are already outgunned. So, Denver Smith only needs 12% more to my theory.

That shouldn't be asking too much. He has my 50,000 shares, so that's another .001% . If we need a feather to tip the scales in a proxy war. Guaranteed, I'll vote rather than have my vote default to unfair incumbent advantage. That's a promise!
So all the above is around 60% of the entire OS. That means they need only 12% more from the other 40%! That should be a cake walk! Who could possibly not be on Team Carlson? For some reason, I feel like they are going to fight it out and squander as much shareholder money as they can before they are forced out. They'll have the incumbent advantage with defaulted votes from those not tuned in, but I don't think an extra 12% is asking for too much.

And Carlson can keep buying in the 20s too! I hope there is no poison pill. Do we have a poison pill? It's too late once the shares are bought, right?

Drawing Some Meeting Conclusions

Reports continue to trickle in from last week's meeting. The primary attendance seems to come from Allow's Clique. The Sunset and Peng Cliques seem curiously absent and silent. Maybe disillusionment. Hence, talk of getting back to an original mission? Did the Allow Clique disrupt the status quo? I don't know. Seems to be gang warfare between the lines going on. Divided they fall.

National One Bell posted some group pictures of that meeting last week. Mainly the Allow Clique present. Although, she herself wasn't there. She was there in spirit! Some people have to work around here. The rest seems to be having a big party at this "meeting." Note the "One Bell" of this member's name, which reflects his clique's focus -- always more so on the clinic. Probably the investors that were told to hurry up. Get on board. Which, I suspect is where some alienation happened and group division occurred. Because that's when some went Awol, work came to a halt, and our big promise in May did not come. And the company tries to push it all under the carpet, like all companies do. Always lacking ethics and clear communication.

https://www.douyin.com/video/7109408957856320783?modeFrom=userPost&secUid=MS4wLjABAAAAxlBbxHa3CCxSKLPbQckeULMQQo-D5qv8BSFEAgJRr_o

Interestingly, some of the entire group pics number about 55 people. 56 if you include Allow who was there in spirit. That's almost the same size as the Spy Satellite Network. Although half in attendance are not in the network. They should join and all begin reporting on a timely basis and better content. Content is still going backwards.

Zhong1, clearly in the Allow Clique, also posted a video a few days ago hammering home the regrouping message:

https://www.douyin.com/video/7107201046937750825?modeFrom=userPost&secUid=MS4wLjABAAAAeTIcs0IKWk3dN6rN2Uhh4Al4mWzpVyL4f-hju2VweHU
The first national distributor tour of Yongbai Chao Wine Industry in 2022 was successfully completed. I followed the company for three years. I didn't say a word for a long time, but I answered all the questions. The result will not lie. Make persistent efforts. Continue to work hard. Jointly make the club's mission stronger and bigger. Witness a better tomorrow for Yongbai Chao. The future is promising! Come on, all partners!

I'd like to see these results, Zhong. There is all this talk about a "tour." Where is the videos of the tour? All I'm seeing is a bunch of partying, drinking, eating, and more karaoke. Where is the work, tour, and meetings? Which leads me to conclude based on its absence, that the singing was a big serenade. They were serenaded by Wang Fei. Music to their ears.

Not exactly a confidence building, inspirational meeting for me. But, I'm glad y'all think the future is promising. I hope that means YBCN to $3. So far, I'm still not seeing any work. Where are the Peng and Sunset clans? What are they doing? Where are the new clinics. Where are the new investors? The group of 55 is probably not everyone. But, the spy network is not growing much either. The mystery digit man just went Awol after I added him to my list. Which seems to sugggest he didn't want to be identified, and tore down all posts, changed name, and try the old FINDMYWAYHOME tactics. She's been a huge mess of laziness lately too, once she figured out she can't escape.

I'm still not seeing it. Only one person is working around here. Allow. The onlyh one that didn't go to the meeting. The only one truly focused and doesn't seem to be following bad orders.

Time to unite, WORK, and actually maybe start with a dictionary that defines what work is. I suspect many of you don't really understand the term.

YBCN is 3 cents. If you want to motivate these people, I suggest making YBCN move 5 cents up a month. And you point to the carrot, which his YBCN, and say, see, this is what WINNING is all about. Do you want to be on a winning team? Instead, they see stagnation which is not a motivator. And we seem divided. The people that needed to be at the meeting the most were not present.

That's nice link to JD com. I particularly that one, DD. I'll have to work that into the main page somehow. Just to let them tell their story as they are telling it. But organized, unlike they way they file it. LOL

Is there another good website somewhere that is selling their product that showcases it well?

Net Tangible Book is the verdict.

The stock trades right at net tangible book. Exactly on the target. I would say our pirates chose wisely. Our new captors got a bargain.

I wonder what demands will be forthcoming. They should release a PR and state their objectives. This is how I used play some online games back in the day. I loved playing the villain. My message would be somehing along the lines of:

You are now occupied and your women and children belong to us. All men, proceed to the evacuation chamber for immediate reassignment. The terms of your surrender are not up for discussion or negotiation. Stay tuned for further instructions.

LOL

I wonder how they confiscated 1.4 million shares right under the nose of everyone. The entire secondary offering was 1 million shares. Yet, they own 400,000 more shares than the entire secondary! All confiscated within 5 business days if I recall correctly. All shares voluntarily surrendered to our captors. Was Stingray recklessly trading stock? Are they still 24% owners .How big is our float, which I'd define as paper hands. That would have so much manipulation potential if our pirates play their cards right. A low float could be hyped up if they want more than just our cash. Our earnings now belong to them.

If I were in their shoes, I'd hold us for ransom and send a demand letter to Stingray. Hostages will be released at $15.00 per shares. A message under the table, of course, out of view of official filings. There will be the official record and then the off-the-record record. LOL

Oh, God, this is sooo dang funny! Let's this show begin! I love movies like this with completely unexpected turns of events.

Why am I the only laughing at this? Where did everybody go? This is soo hilarious.