Singing Machine Company Inc (MICS)

[NobleRoman]

NILE is talking about us again on their new Podcast yesterday:

If you can get past the extremist views, he has some interesting things to say. I don't like that punk that the clone of my former friend is talking to. Reminds me of my 20-year-old self. He has sooo much to learn.

Anyway, starts at 3:20 to 4:00.

He said he is visiting with our mgmt. team in Miami now. He is claiming he will "consolidate" our revenue. So, I take it we are going to be a convuluted mess. I'll just look at this as a huge short squeeze coming and alignment of interets. He's just going to take our cash.

He mentioned us indirectly around 36:00. Not by name but saying they will consolidate a company soon whose sales will go to their balance sheet as they defend NILE's stock price. I assume he's referring to us. And saying they won't do a reverse split. Even saying those circuating such rumors have their "head up their ass" since he has already talkedon the subject numerous times. LOL

I'm not interested in NILE, but I find that interesting. I didnt' realize as they point out that for them being on the NYSE, they aren't in danger of a delisting. The $1 rule is a Nasdaq rule but not a NYSE rule. Interesting! I learned something there.

It is interesting that he is saying he never sold a share of his NILE stock. That is commendable if true. I don't like that punk kid's political views he talks to. The libertarian. But the clone of my former friend, Ault, isn't speaking too radical and fear mongering on the macro level. His friend there, however, is a radical.

So, he's going to inflate NILE's sales with MICS. I think he is here long term and wants to keep our cash and our sales to inflate his own numbers. I don't think he's here short term. I think there is a benefit to his presence. I don't know how that will all affect our stock listing in the future if he consolidates us. Do we get bought out? This is kinda uncharted territory to me the way he's going about it.

Interesting that Ault keeps quoting Warren Buffett. At least he does say using leverage with bitcoin is gambling. As a Bitminer company, that at least is commendable.

I don't know. I kinda like this Ault guy. I don't like his friend, but Ault is okay. He's leaving Miami tomorrow, so I guess he's done talking to our mgmt. team.

That was an interesting podcast if you can get past the extremist view of his friend. Just fast forward through those.

He also, Hweb, mentioned 52M in sales for MICS. Maybe that was slip of tongue inside information? I don't know. If the second and third quarters are 85% of our sales, how do you get to 52M by end of this year? That's intereting. Maybe the quarter will be better than you expect. Or not...

With NILE at it's all-time low, and all our sales going to their 96M market cap -- I don't know. They have some hotels. I may take some shares of NILE jsut for the heck of it. Why not? They bought MICS. They are risk takers. Bitcoin is down and rightfully slow, crushing them. It may be fun.