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SMDM (SMDM) Stock News, Oct 7-14, 2020

SMDM OTC
Rhea-AI Summary

Singing Machine (OTCQX: SMDM) will host its annual shareholder meeting virtually on October 16, 2020, at 10:00 a.m. EST. All record holders and beneficial owners as of August 17, 2020 can attend via webinar or phone. Participants need a unique control number for voting. Beneficial holders must provide a legal proxy by 5:00 p.m. EST on October 14, 2020. An audio rebroadcast will be available post-meeting at www.singingmachine.vote. The company continues to lead in consumer karaoke products in North America.

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Rhea-AI Summary

The Singing Machine Company (SMDM) announced that its Carpool Karaoke Microphone will be featured during Amazon's Prime Day on October 13-14, 2020. This event is anticipated to be significant for the Company, as Prime Day offers deep discounts on various products for Prime members. The Carpool Karaoke Mic has gained popularity through viral social media exposure, contributing to its expected sales boost during this major shopping event. CEO Gary Atkinson expressed enthusiasm for participating in what is expected to be one of the biggest shopping events of the year.

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FAQ

What is the market cap of SMDM (SMDM)?

The market cap of SMDM (SMDM) is approximately $6.8M.