Singing Machine Company Inc (MICS)

[NobleRoman]

To my understanding he can. It's what Berkshire Hathaway does. He owns it. I'm sure you have your normal capex, but he would be able to deploy capital where he thinks its best used. And exercising those options would pay for his entire costs here. It's like getting the company and our cash free if those options were to exercise.

Ultimately, all that would matter to the exercise of those warrants would be to sell at a great profit IFFFF it was worth, like over $20 and the demand there to absorb the supply (liquidity). That's how I understand it, and I welcome anyone to step forward to say otherwise.

He can sell the company too to someone else. He may mean what he says in his podcasts, like loving the mgmt. team. He may want them to stay. That doesn't mean he can't take the cash or be salivating over those warrants. Those are all unspoken words but can't be ruled out. Just me trying to get into his head of what I'd want to do according to my understanding. Unlike me, he has lawyers at his side that he can consult and they can give him a more reliable legal answer on that than I can. But I bet he boujnces such ideas off his head.

Just things to ponder...