Singing Machine Company Inc (MICS)

[NobleRoman]

Naked Short theory gets more support.

Actually, if we are on "threshold list" as Nickerson reports, that is indicative of naked short selling according to this credible source (Emphasis Mine)

https://www.investopedia.com/terms/t/thresholdlist.asp
A threshold list is a list of securities whose transactions failed to settle for five consecutive settlement days.
Threshold lists are published by various exchanges by SEC regulations.
Settlement failures may be indicative of IMPROPER NAKED SHORT SELLING.

So Eric lent over 100,000 of his shares legally. But there are phantom shares out there according to all the data coming in to my understanding . This supports it further if we are indeed on the threshold list as Eric reports.

BTW, our own insider Form 4's filed recently imply to me they rewarded themselves the right the short our stock more for a free pass to cover at $4.00 per share. As a "reward" for taking us to the Nasdaq. Foxes, once again, guarding the henhouse.

The buddy system, giving itself a reward for dilution which wasn't needed. Lack of governance. Only done to meet capital requirements for an up-list. So they reward themselves at the offering price itself, which was on the low end of the spectrum. Shady? VERY SHADY. Like Nile-Shady in my opinion.

Hence, lots of shady and sleazy people all canceling each other out. And rightly so. NILE deserves MICS cash for their transgressions. And poetic service is being served everywhere.

SHORTS, both legal and clothed ones, STAY IN POSITION! DON'T MOVE! Wait for the next PR before you all flee like little roaches. We'll stomp you as you come out, one by one.

I feel like that explains all that incomprehensible volume under $4 when the OS traded many times over, yet we were sinking. Where is the SEC? Asleep at the wheel with the foxes guarding the henhouse.

Well, everybody is getting poetic justice now!