THE SINGING MACHINE COMPANY, INC. (OTCMKTS:SMDM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Principal Director, Appointment of
Effective immediately, the Board of Directors has approved the
appointment of Mr. Joseph Kling to the Board of Directors. Mr.
Kling will serve on the compensation and audit committees.
He replaces Mr. Bernie Appel on the Board who passed away on
April 2, 2017.
About THE SINGING MACHINE COMPANY, INC. (OTCMKTS:SMDM)
The Singing Machine Company, Inc. is engaged in the development, production, marketing and distribution of consumer karaoke audio equipment, accessories, music and audio consumer electronic products. The Company contracts for the manufacturing of all its electronic equipment products with factories located in China. It has also collaborated with a music content service provider that allows the Company to offer karaoke downloads and streaming subscription services. This collaboration provides the Company with a distribution platform for digital music sales and subscriptions and music sales to customers. Its music distribution system enables download or stream selections from content library. The Company offers karaoke music through its Singing Machine Karaoke Download Store, Community, and iPhone/iPad Application. Its products include Classic Karaoke Machines, Download Karaoke Machines and Streaming Karaoke Machines. THE SINGING MACHINE COMPANY, INC. (OTCMKTS:SMDM) Recent Trading Information
THE SINGING MACHINE COMPANY, INC. (OTCMKTS:SMDM) closed its last trading session 00.000 at 0.585 with 71,666 shares trading hands.