Singing Machine Company Inc (MICS)

[NobleRoman]

I'm not sure who would be either. In theory, it doesn't make much sense. For one, I'm not so sure i can even sell my pre-existing 35,000 shares that are just a CUSIP number at this time. There is no bid or ask. Just 0. I have no intention of trying. Just doesn't look like I could.

Then the private placement is over a $1.50 above our heads, so they can't be the ones selling. Plus, are they restricted? The 10-day trading average is wwrong too. Glitches galore. The stock hasn't been trading over 254,000 shares at these post-split prices the last 10 days.

Big volume today though. That should be over 12 million shares (pre split) shares traded early morning so far.... At ten cents, as an equivalent comparison. Doesn't add up. Glitches galore it seems.

I'm not complaining. We bought them legal tender. Nobody can take mine away. The deal is done. Can we go to 5 cents? Can we buy actual net profits dollar per dollar? Literally buy a $1.00 for a $1.00? A p/e of 1? What price would that be?