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If the company is buying back shares the pps should be lower for its benefit. It will bounce back real fast real soon. With this other company being either owning 8.5% or spending 500k the pps is expected to jump. Probably to over one tenth of a penny IMO
Ok so right now if the company was worth 1 million dollars pps should be .00018 roughly. But the should be worth at least 5.5 million with current investment numbers alone.
So let me get this straight, he is converting the float to only 5 billion in common stock? If this is true and the company is worth 1 million, then the pps at a minimum should be .0002? But isn't this company worth more than that?
Were most of the buys shorts being recovered? What are those numbers at now?
Oh shit I missed that for sure thanks!
I looked at this companies form 14c since they have been founded, this is the first instance of dilution. They are probably trying to bring in more investors and either buy another company, or really expand their current ones. Then possibly a reverse split to be brought up to another stock exchange. Even with the 2 billion a/s the company should be worth .006 pps. This is based off of current revenue expansion. But if they are diluting they will definitely be trying to finance new product launches. It looks like they are trying to raise at least 1.5 million.
IMO this should bottom out at around .002 tomorrow or today hit a support then head back to .004 within three weeks. After that (if there are any positive prs) we will see a jump to either .007 to .008.
Or am I missing any toxic debt that they are trying to retire?
I just hope it hits penny land by August.
He forgot vendor to vendor sales I guess.
I am not long ecdc there are other stocks that I will be long in, however this is a company that will be big in the future. But it is not a long term buy just yet. I just hate it when people rage against ceos and business people that are trying their best with limited capital. A companies first 10 million is the hardest. Once they are net positive, I will be long.
Our RSI is over 50 so it makes sense that we are not dropping that much anymore. However short sales are popular for sticks at this price because the implied volatility is so high.
Thanks! Good to know!
Can you post the link to all the short sales so some of these people see why we dropped so much. Maybe then they will see how mm's work.
Lol so you have never filed with the sec have you? It's does not matter if it is classified as a penny stock or not. This is business law 101
All companies are held to this standard. They are registered with the SEC and thus held to the same standard for the business judgment rule that applies to shareholder rights. Not apples to bowling balls, apples to apples.
Can you provide links? Secondly if common shareholders are being taken advantage of you can file a complaint with the sec, and the board members will be held personally liable to the company and will have to pay the company back for damages. (van Gorkam v shareholders for legal reference) So IMO we will see massive growth in the future.
Maybe your email is in his Spam folder....
Hey is anyone else seeing the BBands starting to converge? Once the shorts expire and the audited earnings come out on the 15th we should see an increase in this stocks volatility. Probably a shoot up to between .042 and .045. This is IMO of course.
I am doing some dd can you post the link you saw that on?
If you know you are inexperienced, you get help from those who are experienced. The new investor relations advisor have over 30 years experience and a very great career record.
I don't think so. Management has a lot of potential, and I truly believe that with these new additions to their team, the rookie mistakes they have made will not repeat themselves.
I can't say I am surprised that a former professional football player does not know how to spend responsibly. I mean 78% of then go bankrupt after two years out of the NFL. I am not saying that makes his spending ok, but IMO with the new boards and other people helping them out, the spending will absolutely get under control.
11 million on the buy!!
Unfortunately no, I am using a mobile device currently :(
VERT is not on our side it appears.
Look at the mm's on the level 2!
MusclePharm Signs Agreement with Eurpac, Worldwide Distributor to U.S. Armed Forces
MusclePharm Corporation, a Nevada corporation ("MusclePharm" or the "Company") (OTCBB: MSLP), an expanding U.S. nutritional supplement company, is pleased to announce that beginning April, 2012, Eurpac Service, Inc. (Eurpac), the primary distributor of consumer products to U.S. military exchanges, U.S. Navy ships and veteran's canteen services located worldwide will begin distributing the award-winning MusclePharm product line.
The agreement includes MusclePharm products: Assault, Combat Powder, Shred Matrix, MuscleGel, Re-Con, and Armor-V— to all military installations, reaching 11 million members of the U.S. armed forces, including Army, Navy, Air Force, Coast Guard, Marines, and special forces stationed throughout the world.
Jeremy Deluca, MusclePharm President, commented: "This agreement enables us to expand our sales base, further reaching a core MusclePharm consumer. Along with our recent UFC partnership, which is very popular among the Military, this allows us to bring our products closer to our current military consumers."
Added CEO Brad Pyatt, "We believe that sales in this market could add to quarterly results beginning the second quarter—potentially providing substantial revenue contributions in subsequent quarters as our products become fully integrated into Eurpac's sales system."
ABOUT MUSCLEPHARM CORPORATION
Headquartered in Denver, Colorado , MusclePharm is a healthy life-style company that develops and manufactures a full line of NSF International and Informed Choice approved nutritional supplements that are free of banned substances. Based on years of research at the MusclePharm Sports Science Center & Research Institute, the products are created through an advanced six-stage research protocol involving the expertise of top nutritional scientists and field tested by more than one hundred elite professional athletes from various professional sports leagues including the National Football League, Mixed Martial Arts, and Major League Baseball. The Company's products address all categories of an active lifestyle, including muscle building, weight loss and maintaining general fitness through a daily nutritional supplement regimen. MusclePharm is sold in over 120 countries and available in over 10,000 U.S. retail outlets, including GNC, Wal-Mart, Vitamin Shoppe, and Vitamin World. MusclePharm products are also sold in over 100 online stores, including bodybuilding.com, Amazon.com and Vitacost.com. For more information, please visit www.musclepharm.com.
FORWARD LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Contact:Cory GregoryPresident303-396-6100http://www.musclepharm.com
Not to mention a military contract.
But... That's a woman's job, make your man a sandwich... Pretty simple if you ask me. Haha jk, I am about to propose to my feminist girlfriend.... Ironically she loves sexist jokes :)
Oh well did she make you a sandwich the next day to apologize?
Haha your wife would not divorce you... She would have to start working out though, gold is heavy to shovel. Maybe should could try miss fit when it comes out!
I think that this is part of the new employee incentive plan, no more awarding and just discounted shares maybe? They probably still have some sort of stock award plan but this much insider trading does play music in my ears. So far 2.3 million in shares repurchased and insider trades.
Finishing two days in a row positive roughly 10% with no PR.... I'll take that!
Save the kitten punch the idiot who sold at .0202
Hitting the gym, nothing like mslp for investment both nutritionally and financially.
Anyone else see that VERT is not keeping the price down anymore?
New support at .205 developing here?
Still a great buy!
I am not seeing much action coming from VFIN. I think that the program is over. We should end green today. I am not seeing that big of morning dip.
Anyone else see that VERT is not keeping the price down anymore?
Derivative debt is always a bad choice and only made by desperate companies. That is why they got rid of that debt.