Replies to post #354 on Singing Machine Company Inc (MICS)

[NobleRoman]

You are right. I'm sorry.

Let the record reflect that I overreacted:

Back in:
03/16/22 10:54 AM ET Buy 17500 SMDM Executed @ $0.1575
03/16/22 10:54 AM ET Buy 7500 SMDM Executed @ $0.1538
03/16/22 10:42 AM ET Buy 10000 SMDM Executed @ $0.155

I'm paying my $350 fine to myself as explained here. For any future readers of this conference call:

https://seekingalpha.com/news/3728827-singing-machine-receives-minority-investment-by-stingray#comment-91822399

I'm going with SEC BOILERPLATE for a RUBE GOLDBERG explanation. It's just a private placement of a .295 unit. One share, One .35 warrant. Why didn't they just say so? For a loophole. To avoid regulation. Intentionally designed to do a simple task in an indirect and overly complicated way all to get around a regulation(s). That's my explanation. That makes sense to me. That's what I'm goign to go with as a motive. My missing motive.

So my problem is Spanky's problem as illustrated here. They don't speak right!

ANNOYING!

I'm more educated today than I was last week. I overreacted. It's the CRIMINAL UNDERGROUND nature of the whole OTC. I'll feel better on Nasdaq. I hope we get approved.

All that in, and out, with no tax deduction allowed for my over-thinking this, raises my cost average to .19 per share. Nothing sinister confirmed. My motive is found to my satisfaction: Loophole to get around a regulation(s).