Singing Machine Company Inc (MICS)

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I'm not an expert on penny stock financing. A better question might be why would management who owns millions of shares do this deal. Seems pretty simple to me. Get rid of that former majority shareholder. And bring in Stingray. Like I said, to each their own. You've made up your mind and sold. Nothing wrong with that. That could prove to be the right move. There's no need to try to talk yourself into buying a stock you're not comfortable with. When there's thousands of other stocks out there.