Singing Machine's Subsidiary, SemiCab, Announces Over $9 Million Contracted Revenue Backlog

The Company currently has key executives in India, completing the final prerequisites for the acquisition of SMCB Solutions Private Limited ("SMCB"), the wholly owned Indian subsidiary of SemiCab, Inc. SMCB has recently completed its annual audit as a small and medium enterprise ("SME") under the Indian national regulatory regime. Concluding SMCB's audit, the Company is now currently underway to complete the acquisition of this subsidiary in the next 45 days. "SemiCab has benefitted from some world-class ea ...