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Under $100 buys the total volume traded on MSLP for the past months. Your trading fees would be higher than you stock purchases. Keep dreaming. HFT pings are the majority of the shares traded anyway in lots of 1-60 shares and no retail. If retail investor was buying he would be paying a retail trading fee ($9-$40) on a total purchase of 2 cents of actual stock. No "all or nothing" trades are filled on this equity. The stock doesn't even open or have a bid on average of 1 out of every 3 trading days.
Good luck with strategy.
Carl...
What fundamentals? Please expound.
MSLP owes over $30m to shylock vendors who hold all the inventory and Accounts Receivable as collateral. MSLP just lost another lawsuit to Thermo Life for $1.7m and has exhausted all appeals. Final judgement was awarded in November. There are still 2 pending lawsuits exposing MSLP to millions in judgements.
MSLP hasn't filed any financials in almost 2 years but were losing massive money on revenue 2 years ago. Margins were already crap and MSLP has converted to the majority of sales in the Amazon and Costco channel over the past 2 years which are huge net losers.
MSLP has no assets. They are all pledged as collateral to shylock lenders charging 20% interest.
Ryan has pulled less cash than you think out of MSLP has he converted the $18m debt he personally injected in all those scams against vendors into stock at over $1 a share.
His history is full of losing his trust funds given by his daddy Halbert. He lost everything in Quicksilver and Bebe Sport.
You Jumping in with both feet on a stock that trades as pennies on basically no volume where total trading value is not even $10 most days make no logical sense unless your trading account is only $40 and you buy 100% the days shares every day for 6 months.
Check this out...
$MSLP - Musclepharm - *Massive Upside Alert*
Quick Due Diligence:
Products Sold on Amazon and In-store at Costco:
https://musclepharm.com/
1000+ reviews, 4.5 stars
https://www.amazon.com/MusclePharm-Combat-Protein-Powder-Chocolate/dp/B01DOHWFGM
317 reviews, 4.6 stars
https://www.costco.com/musclepharm-combat-protein-powder%2C-6-pounds.product.100466807.html
CEO (Drexler) is large shareholder and financially backs the company
with with lines of credits and loans. He is from a family owned
company Country Life Vitamins in 1970. Mr. Drexler negotiated and led
the process which resulted in the sale of Country Life in 2007 to the
Japanese conglomerate Kikkoman Corp.
Recent Article on Inc about what CEO is doing with the company to cut
costs and eventually turn a profit:
https://www.inc.com/jeff-haden/one-step-back-many-steps-forward-how-to-turn-treme.html
Instutional Investors Include Wynnefield Capital (1 million shares)
and Winston White Assets (3.6 million shares)
https://www.sec.gov/Archives/edgar/data/1008190/000089924319026927/xslF345X03/doc4a.xml
The gains I've got from these products are incredible so I decided to look into purchasing this stock and the fundamentals I've found are incredible! How is this so cheap!?! This should be priced way way higher! I'm backing the truck up and jumping in feet first!
Anyone know the tradeable float here ?
Thank you sir. Still holding.
MusclePharm Enters Into Equity Exchange Agreement With American Media Valuing Company at $105 Million
Current market cap is 5.4 million, in case you were wondering
From a recently filed SC-13:
https://www.sec.gov/Archives/edgar/data/1415684/000119312519288187/0001193125-19-288187-index.htm
A recent review of the company just popped up on Glassdoor from an employee. The former employee things they have a positive outlook:
One Step Back, Many Steps Forward: How to Turn Tremendous Brand Equity Into a Profitable Business
My interview with MusclePharm CEO Ryan Drexler about restructuring a company with tremendous brand equity, and how less sales can create a stronger company.
Someone more bored than me should try to figure out how much cash Drex has taken out of this thing in the form of salary and interest. My gut says he wouldn't walk away for less than $1.11, but if he's made enough outside of his stock, he might go lower.
This could pop to $1.11
From the most recently filed 10-Q
Looks like they are going to fight this lawsuit. Why not let it go away in a bankruptcy ?
Looks like they are going to fight this lawsuit. Why not let it go away in a bankruptcy ?
You still around ?
You still around ? What are your thoughts of Drexler settling the recent lawsuit ? $MSLP
I know what you mean! I’m sure their sales are struggling but I would assume they still have to be around $75 million in sales but who knows.
So I’m sure someone who knows what the f they’re doing, would be happy to scoop up $75 million in sales for $32 milly.
I mean, their Instagram is tight! I love looking at the warehouse gym that we’ve all helped fund for the celebrities to work out in. Especially now while we’re locked down.
My fingers are crossed that Drexler finds a buyer for what he needs to break even on his shares and puts us out of our misery. I think he’s a like $1.13 or something a share.
$1.00 a share would be awesome. I mean that’s 32 million bucks for this company . We know they did 150 million in sales a few years ago . The brand has to have value , have you seen the Instagram!?
Actually - Right now supplement companies are doing really well because everybody is trying to boost their immune health
$MSLP
I hope so. I’m still hopeful that they sell the brand for anything over $1.00 per share. I mean a guy can dream right?! Lol
Someone bought shares at 0.16 today , Is something brewing ? $MSLP
Oh yeah , he’s another Goldbond alias
Throw me a bone , goldbond. $MSLP
Is this one completely dead ? Should I sell everything off for $10?
What’s next ? Slow bleed to .0001 ?
MSLP "only" down -92% today. Financials? Publicly traded company? CEO Brad must be rolling over on his parents couch in the basement.
.01? That's impressive even for Drexler. Turning $18MM into $180k makes his Quicksilver investment look like a genius play.
Actually traded at 1 single penny a share today. Musclepharm is truly a penny stock. No financials for almost 2 years now yet the SEC was supposed to assign a monitor as part of the settlement.
LOL ... wonder what we could get a pump at . Seriously though 0.10 is a joke . 3 million dollar company.
?
Agree. Let’s pray for a pump n dump. Hahaha I’m outta here if it breaks a dollar
Pretty ridiculous what has happened here. Maybe found a short term bottom at .10 ? Who knows . Hopefully a bounce to a buck !!
$MSLP
I’m still here. How it goes?
Not much of anything new per se...Company being ran by a turd. Fins not released for some time. I’m hopeful that Drexler gets his head out of his arse and sells at some point. See you on some of hen other boards. Good stuff!
You still around sir ? Any insight on what happens here next ?
You still around bud ?! What’s going on with this company ? $MSLP
Since you were so right here can you please tell me what happens next ?
Anything going on in this company ? $MSLP
But their instagram feed is killer!
If you have a dime and a nickel, you can own a share of this dying company. And you thought CEO Brad ran it poorly.....
settling a lawsuit is sometimes a good thing , they had a liability marked on their books for this one . $mslp
I lost a lot of money here and you were right through all your aliases . I’ll never forget goldbond . What do you think of $DEAC I’m over there pumping that one now .
Another HUGE loss in court for Drexler and MSLP in a protein spiking lawsuit in addition to the $1.7m final damages awarded to ThermoLife after Drexler and MSLP lost again. https://www.reuters.com/article/health-musclepharm/in-brief-musclepharm-to-settle-schwarzenegger-protein-supplement-case-idUSL2N27M1NA
The new COO has zero experience in any industry even close to MSLP. He founded a company no one has ever heard of in 2010, bestowed fancy titles on himself and now the company went under I assume so he needed to find a real job. Does he offer anything the company is in need of right now? Can he lead a push in marketing, gains in operational efficiencies on either the manufacturing or purchasing side of the business or maneuvering the stock to greater visibility in an effort to right the ship? Anyone with common sense is jumping ship and MSLP is now stuck hiring whoever will take the job.
You all see this NEWS ? https://finance.yahoo.com/news/indo-global-exchange-pte-ltd-132000861.html
The Merging Company has very tasty Products and is Run by
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152892152
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