 Fort Lauderdale, FL, Jan. 13, 2021 GLOBE NEWSWIRE -- The Singing Machine Company, Inc. Singing Machine or the Company OTCQX: SMDM today announced that the Company fully paid down the balance of its revolving line of credit with Crestmark, a division of Meta Bank, NA Crestmark. During its peak season, the Company borrowed approximately 6,200,000 from its line of credit with Crestmark. 