Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hunter that would be great to keep product moving, but not necessary to increase productivity at this point.
Mp could make larger orders on a more sporadic basis this getting a better volume discount and then hold their own product in storage....it's not like it goes old or goes rotten.
No company with a brain brings things in-house unless it is already costing more to outsource especially when said company already/initially outsourced that aspect.
It would be a different story if they already had the space leased.
I know this for a fact with experience.
This might start a firestorm, but what the heck....
Remember the march pr.....
---------
"Our goal is to become a fully sustainable free cash flow business by the end of the 2012 first quarter," said Brad Pyatt, chief executive officer. "Retiring the convertible debt has helped reduce uncertainty in our equity structure and represents a major step in our plan to re-capitalize MusclePharm and strengthen its balance sheet. We are very excited to have completed this program and to continue our focus on growing our business, and adding value for our shareholders."
"We are pleased to have reduced our derivative liability exposure on the company's balance sheet," said John Bluher, chief operating officer. "A significant amount of the company's operating loss and dilution to shareholders was attributable to these convertible note instruments. While such debt served a purpose during a time when we were investing in marketing and branding with the objective of creating revenues, we are happy to be moving ahead without these toxic dilutive instruments."
---------
Well since then convertible debt has been retired (as crossroad pointed out earlier today)
They also substantially lowered their derivative liability (especially in the most recent s1a filing) and have only issued potentially toxic warrants to new board members and accredited investors (since that pr).
Also whats considered a long term investment technically speaking? Have they really fooled us? Lied to us? Just seems like I should have known about the pump to get rid of warrant holders...my own lack of understanding??
Sorry to waste your time on that one (I was thinking that they would accumulate 100mill prior to $4mill buyback and after re-evaluating numbers they would only be able to buy back another 100 mill at .045, this leaving them no money fr expansion and therefore not enabling a recapitalization of funds because it wouldn't decrease o/s enough)
I really try and ask real questions in order to get real replies.....sorry for wasting your time
I brought it up, asked hunter dog the carpenter to give an estimate of how much product this space could hold.....nobody thought twice about it??
It especially intrigued me because it went along (I must admit I want it to go along) with my theory for CFP q3 and big numbers$.(possibly bigger than my safe guess of 19 mill rev.
First let's assume they already had product to house in those locations or would within the next 3 months.
Then let's remember that just because the report fiscally 12/31 doesnt mean deals/sales are made annually on 12/31.
Look at 2011: q1 was 3 mill rev, q2 was 3.3 mill rev, q3 was 4.6 mill rev, and 6.2 mill q4 (50% increase from q2 to q3 and another 50% increase q3 to q4)
If they do the same in 2012: q2 was 15 mill then q3 would be 22 mill rev and q4 would be 33 mill rev.
That's 50 mill in product....could that fill up the new lease space?
EDIT: JLTG that was your response?? Who's watching that deleted it...I didn't think it was that bad....Of course I would have prefered a sincere and descrpitive reply.
C'mon you can atleast find one good reason why that is NOT so.
Assuming the are CFP(and that can't be your reason why NOT)....its a way better deal than 12% loans secured by all assets...or entering SPA agreements at a penny that only ad to further dilution.
They could end up buying back a total of 400 million shares, bring the O/S down to 1.1 billion without the threat of warrants possibly increasing the O/S later on.
EDIT: JTLG,how about complete the 100 mill share buy back...file with the SEC to buyback upto $4 million worth of shares (rather than state an amount of shares - state an amount) and then use cash from Q3 & Q4 CFP.
Bam, Bam, Bam. and your at .045.
EDIT:Its TCA (that holds assets with NOTE), but what effect does that have in your speculation?
Also, whats you thoughts on this:
(it's been on my mind for awhile and I thought I could figure it out, but haven't been able to yet)
In the S1a the consultant GRQ who was to maintain 4.2% of company on a fully diluted basis is offering half of their shares in the 305 mill offering.--- How can this be unless deal is terminated or he already completed his task in exchange for shares? It has to be illegal to say give me 4.2% of company in shares with anti dilutive protection and then turn around and sell them; then say well I need more shares to maintain my 4.2%. Something's up, but what is it?? Was he just a median to raise cash and when he did he just sells his position that somebody in a private placement? And his job is done?
Note: 76 & 77
Fiestas Shark, care to take a shot at this?
Olden, crossroad, anybody want to speculate on the following? (it's been on my mind for awhile and I thought I could figure it out, but haven't been able to yet)
In the S1a the consultant GRQ who was to maintain 4.2% of company on a fully diluted basis is offering half of their shares in the 305 mill offering.--- How can this be unless deal is terminated or he already completed his task in exchange for shares? It has to be illegal to say give me 4.2% of company in shares with anti dilutive protection and then turn around and sell them; then say well I need more shares to maintain my 4.2%. Something's up, but what is it?? Was he just a median to raise cash and when he did he just sells his position that somebody in a private placement? And his job is done?
Note: 76 & 77
Open to ideas....hitting a mental roadblock here.
Olden, crossroad, anybody want to speculate on the following? (it's been on my mind for awhile and I thought I could figure it out, but haven't been able to yet)
In the S1a the consultant GRQ who was to maintain 4.2% of company on a fully diluted basis is offering half of their shares in the 305 mill offering.--- How can this be unless deal is terminated or he already completed his task in exchange for shares? It has to be illegal to say give me 4.2% of company in shares with anti dilutive protection and then turn around and sell them; then say well I need more shares to maintain my 4.2%. Something's up, but what is it?? Was he just a median to raise cash and when he did he just sells his position that somebody in a private placement? And his job is done?
Note: 76 & 77
Open to ideas....hitting a mental roadblock here.
Thank you drive for finding that
1.3 million here
Could you explain what - where you are seeing?
Also do you know where I can find archive of today's trades as well as historical....but with actual breakdown?
If your thought is indicative of the majority of investors....then I would bet a new 52 week low in 3 weeks....in which I will avg down one last time.....
They are telling you to sell your shares. It's pretty obvious, don't you think.
But to speculate why????
Is it for your good?...they are finally thinking about us shareholders and want us to get out before we lose everything? Is that the hint we've been waiting, but NOT wanting to hear?
And on another note I could see .006 being the bottom. Not only because the big buys at .0064 - .0062, but that would be a way for the private placement investors to average down to "current" company value.
If they bought 200 million shares at .01 then bought another 200 million at .006 that would have them averaged in at .0079, the current Enterprise value of MSLP if they were to shut the lights off ...NOW!.
It could be a great way for private placement investors to increase their holdings and weed out a few more small guys.
Maybe that will work out for you....at what PPS would you sell your .005's?
Guesses only. I was hoping fitzwell would post a thought. He/she seems to have more "trading" experience than most....definitely more than I.
I wonder how he got that name...just becuase it fitzwell?
Definitely some All or NONE orders out there....Last time these were the driving force behind the PPS plunging....this time they might be the driving force upward. I'm not experienced enough to guess - NOT in MSLP or investing period.
I am very curious as to what happends when somebody buys the .0063? I don't think VFIN has many shares left....I think he is just convering the the ASK and BIDS at the same time because there are so many ALL OR NONE orders out there...I'm sure some are overlapping as well. (replace "sure" with "guess")
----
Anyway I could say it's the bottom and get them while you can and if it goes up I'm right, but if it goes down I'm wrong...either way I don't know.
A couple things intrigue me, but I haven't been able to locate concrete information: The end of day trades...is it after hours or trades settle end of day?
If you had a major investment (larger than myself) of something like a $100k or more what would be the safest way to protect it?
I would short it! Especially if I could read filings better than I do now....for example the shares being offered are being dumped, well I would have sold my shares in advance; or atleast hedged my holdings with a short.
Also the only way for them to grow the PPS is to ensure the shares are in the "right" hands (strong). The idea of 1000 ihub users running around with millions of shares is NOT a good place to start for a stabalized PPS.
One thing I'm trying to figure out is how long is took from the time MP expensed major Research and Developement cost to when the product was launched? If it's 6 months to a year....well lets just say PPS will climb very soon. At this time that would be the only explanation I could find why NOT a CFP Q3. If anybody can locate that time from expensed to launched could be very usefull on Q3 speculation.
Why did VFIN back off? Does somebody have a 10 milly AON order in there??
Hey Gordon, I'm new here....can you show me where to find the restated rev for 2011? What wa the change ....what was the new vs old number? Can you point me to the filing and what change I should be looking at?
What's our thoughts in the larger holding volume? Especially the huge end of day trade that is "currently" stabilizing pps? Or are those trades that are just shown end of day, but happened during the trading day?
I would prefer to know you are back in or atlesst watching/following?
How are we doing on awards? Haven't been able to locate a results page?
Anybody see booth in person? How's it? Compared to others?
For sure renn. Trust me I take this whole boat and everything with it very serious....maybe too serious, but I know everybody has their own interest in the online world....I personally am real and share too too much...it's in my nature.
But I gotta give it up to the one liners - especially if they are good - it acts as a real way for me to lighten up.....he didn't rant; he just made his point with a well placed reply....he probably said more words in that phrase than I do in a typical 250 word post....credit is due when it's deserved and something to learn everywhere.
Who cares Wilkerson is representing....who cares if Bruce Harper is on our team?
I want to see profit with data induced growth.
My point is when statements like this are made its in the sense that mp is going under; or something similar.....they are not going under....You may feel free to speculate as to why after a fact is proven, but to assume end of days is ridiculous.
I think of one great reason to ditch Bryce. Save money for six months, then resign him and pr it so I can dump on old news.
I prefer speculation on sales and cost.....like can anybody speculate to the cost for Q3 involved with all the new products being launched? Or we're those cost of g&a of Q2 so we won't see any of it?
Why you say that? Honest reply appreciated.
Gotta air again when a good one comes along...
Thanks Codie. " not a whole lot of astronauts"!!
Stop saying it's a huge sell...it's a huge buy!
We all know they are dumping shares from the S1A....who the F is dropping that kinda money to get in right now? If they wanted they could let that shit drive this pps to the triple 000x people love to claim is coming.
Anybody else looking forward to new executive compensation packages that are due to be signed and in effect by Sept 30th?
Should be released as early as Monday...latest by end of week.
News is linig up? Is it so so? good? or great??
Who is buying/spending $100k a day to hold this at .0063?
It won't move...
Ever since the German Exchange issue came out I've been looking for suitors there....(other than the obvious COke, Pepsi, Kraft, etc..) anyone see the similarities here: www.boehringer-ingelheim.com/
I think VFIN may be done and is just scaring a few more shares as he holds the PPS in Place....Somebody has AON orders all over the place....is it VFIN or is VFIN just covering them??
Deep, Well I have no idea what charts you go off of...I would love to know if it can be a useful tool to speculate...
Yes they should have quite a bit of news when the time is right!! When???
Before I comment on products I must say I am scared to take anything....I can't drink a can of Coka Cola without feeling a little wired with a headache.
Assault may have peaked here in the U.S for now, but definitely NOT on an international level. It is still growing like crazy and taking up more and more market share internationally(for sure in Brasil).
I also beleive Dick's is a good thing, just NOT game changer today, it's a trend spotter as to when the more serious highschool athletes begin to use as common as gatorade (Amino1?).
I'm NOT concerned about what a sales rep from a store says, I think consumers will go for thier product based on branding and safety...not what buff-BOB says.
Current sales I would guess a number of 18 million to 27 million after discounts....as high as 33 million. Realisticlly I see 19-20 million. Problem with calculating is the way they account is constantly changing, but it is more accurate. I was definitely suprised to see them defer revenue for the first time in their history and that was the difference between them being CFP in Q2.
Also with the ever increasing transparency of the books I am almost certain that the new management has been getting things together; maybe ahead of schedule?? I would love to see them consolidate/slow their growth, CFP, protect assets, and wait until data from the likes of dicks (and other sources) show that the depth of their customer audience is growing and more diversified....then push again. I honestly picture it like the PPS right now a slingshot just loading up.
Dinglesworth, It was definitely worth a compliment...it made me smile.
Care to share your insight as to what is/ might be going on...or what your hoping for vs. what is happening? You always seem to avoid this aspect of conversation.
Just curious about your thoughts? Hope your still clean!!
Deep....I like that one, that was good.
What would your thoughts be if you knew r/s was off the table for now?
Edit: cheapies huh(since below .02 everything has supposedly been a cheaply)....I've probably shouldn't have, but added 200k more only as I try not to overreact to anything especially when I don't completely understand....for all I know it gets much cheaper. I could see big buyers taking up this dilution at ..0065 and creating a new entry line, then when it's done go redump themselves one more time to shake out a few more stop losses and buyback at 30% less (I'm not going to try because for me to have a chance a making some money I need all my shares in----basically saying nothing surprises me here and trying to learn)
.....but isn't it am overall good thing as it drastically changed the o/s from increasing - hadn't those warrants not been cancelled the o/s would have grown quite a bit more?
80 million, yeah I could see that before (I thought similarly based on the change in o/s before & after offering)...now I know the difference between registered and issued and an effect filings....the hard way again.
Yours or mp is rolling out? I'm still looking for work with a great mentor if you have any openings? Is the roll out the reason for huge r&d expenses, hence no cfp for Q3?
Not sure how you were using blue skies in that phrase; not familiar with it?
Can you give me your synopsis for the meltdown (NOT EXCUSES)?
You left and sold....best excuse ever LOL...actually not that funny...glad you checked in.
The warrant holders whom were issued common stock to cancel warrants are selling since the Sept 14 "Effect" filing date.
Nice of you to stop by....could you advise as to significance if any of the 424B3 filed yesterday......or is it merely protocol requirement for the S1A and EFFECT?
Testing 1,2. Testing 1,2. MSLP universe has left us cash strapped and loaded? Now What?
Crossroad, no problem....With all the #'s, information, and then conflicting information ranging from the PPS to the content here just gets to be a little out of hand for me sometimes.
Glad everything is cleared up
Keith G, Did it look like GNC made any changes to the staging of MP products?
Thank you for taking the time....crossroad has been bery helpful as well, but was throwing out casual language....which can be very problematic for me with my disabilty....(I suppose he meant they wouldn't have to wait to take their extra profits- as they would have been included in the offer...to cover expenses and discount provided for whatever services were rendered)
So maybe I am understanding? Toxic debt gone. Cfp Q3 (should have been Q2)...let the competition for shares begin.
So it took Buhler 1 year to clear this up??? I can't wait I hear his new compensation package being released on sept 30th!
These guys got news to release! For days! And days!
Edit:Sorry for badgering you, but I feel like I'm getting close to understanding.....
What's your take on the 424b3 today? From what I googled it is supposed to contain a change to something?? Or is it simply because Canadians are involved?
Not trying to waste your time, just protect my investment....which currently is not well balanced.
Jw, thanks....but to clarify one point....would they we be issued to raise cash? That would be stupid right?
What you said was clear and what I thought, but I got confused when crossroad said they got free shares that they didn't have to pay for....so obviously they did something; so aren't totally free?
I just didn't understand his comment that these shares were free in exchange for cancellation of warrants?