Singing Machine Company Inc (MICS)

[Bruinfan4ever]

Yes they are. They will only have 1.2 Million shares outstanding with a 30 for 1 reverse split.

They should be able to get the price to at least .50 with walmart sales. Then do a 1 for 10. That would be a 5.00 stock price and 3.6 Million shares outstanding.

This company has been around for 40 years. No need to rush a Nasdaq listing now. They can get the stock price up on OTC with new sales.