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Confusing as well. Especially because last q they had back orders....now they have inventory and customer deposits...
To be light hearted for a momment: " I feel like I'm being brainwashed"
Thanks, I was getting confused in regards to dates as well.....I thought maybe both / all were cancelled as the entered the agreement in July and... well today is August 22nd meaning we have exceeded 20 days, but then I say the sold 100 million shares in august, but with NO date provided.
Can I assume becuase it was from the same paragraph that the 100 million shares we even sold to the 6 accredited investors as part of the SPA?
Or is possible this is just more info to confuse the likes of people like me?
In July 2012, the Company entered into a securities purchase agreement with six investors to sell up to 200,000,000 shares of the Company's common stock at a share price of $0.01, which may be adjusted, and shall be issued warrants to purchase 100,000,000 shares of common stock at an exercise price of $0.01. As of August 2012, the Company sold 100,000,000 shares of common stock for net proceeds of $870,000 net of debt issue costs totaling $130,000.
3rd paragraph (this is only part of the paragraph) from the bottom above Treasury Shares on Page 20.
Doesn't Company sold 100,000,000 shares mean that they must effectuate within 20 days of when ever they sold the 100 million shares?
Sorry for pestering or as JLTG says rambling, but I've read this 100 times or more....even outloud to myself.
Parts of page 20 and 34 throw me for a loop.
The rest of the ???
I thought it said more than a component has been initiated??
F&%(? confused!
I didn't think it was an arguement...thought it was well thought out attempt at DD...it's been awhile since that type of conversation existed here.
Page 20 and 34...absolutely lets' me know I'm out of my league at this point and time...so confused on what is said and the legitimate ways (I assume multiple) it could be percieved.
Mighty, what was your perception of the conversation with crossroad and mpPudd last night?
Care to share thoughts on page 20?
in regards to your preious post....can you then inform me?
EDIT:I would assume to load up for a run.... but I'm NOT an experienced trader.
I am planning on holding at this point, but I wanted to test the waters and see if some type of games are being played here.....from my view....yes games with experienced traders and MM's being played here.
Resistence at .0105 looks to be solid....I now have order in to buyback sold shares at 10% less...its no big deal either way though. The shares I sold were only 10% of my position at 8% loss from ones I bought last week.
I don't think so (almost positive)....From what I know AON orders are hidden from L2.
I also only got a partial fill....since then 3 more orders have gone through at the same price.
Is this game playing and loading time? Or is it someone playing so they can push the PPS up higher before they unload?
any experienced trader willing to explain this??
I put a sell order in after another order was of a different market maker was already placed at the same price. My order was purchased prior to the other.
Isn't the order that is placed first supposed to be sold first?
And yes, it was a limit order....I am correct to believe that they are trying to scare shares out then...that the other order wasn't really meant to sell in the first place?
JLTG, what do you mean by washout? Washout more shareholders as in shakeout?
Or Watchout below?
Suprised you didn't share your analysis of the good and the bad of the Q?? There was both I know that...
True completely, great point...potemtially the reason for the excessive discount on accounts past due recieveable as well.....to ad to that...I also thought they went ahead with the expansion to canada amd execs now so they wouldmt declare profit now, then the next month they declare loss, next month profit...I was looking as they are really attempting to ensure all future steps are "all" profitable, rather than pleasing shareholders for one q then the next dissappointed thie next.
Pudd, it was mentioned again in this report at the bottom....for a total of 8.4% with one taking a seat on the board....read page 20.... It's got me so confused
Let me know your inteperpitation
Pudd...thanks for bringing something to the table.
How do you perceive the customer deposits such a big deal...I didn't understand the significance of this.
I also noticed the increase in customer base as well as the change in whom the extended product I'm advance.....all the while the potential of customers margin to fail in payment for product was greatly reduced.
I also thought that they purposely (in excess of just changing to new accounting) deflated all the numbers regarding sales while prepaying exec compensation.
Appreciate your thoughts.... Learning as well
Super, I sent you something....maybe it went to spam?
Why do see potential in q4 vs not q3 is that also historical in your industry? Does you friend know anything about brazil and if any retail locations exist there? If things are so seasonal....it would be very beneficial to sell on the other side of the equator...opposite seasons.
I'm surprised that international sales other than Canada weren't mentioned in the q ...let alone a pr with explanation......to be honest I am hoping that due to accounting procedures (new) that this has taken place, but won't be recorded until the next q....that's why I thought this q would be around 18 to 20 mill, and the next q would get us back on track
Super, maybe I'm stupid but I didn't sell..my highest hopes a few months ago were for 20 to 25 mill, but as time went by I revised to 18....why did everybody, including you think they were goin to be so astronomical?
They were still up 400% year over year, and the only difference in operation profit was compensation for new execs and the expansion to Canada.
The advertising expense was comparatively much smaller....
Any honest input appreciated....if you can't, no reply is preffered.
Hope to hear from you in the near future or not?
Thanks for providing a realistic short and long term approach....
From you experience does this look good at the "current" moment?
What do you think there goal for PPS is to pull out of the remaining debt?
What PPS do you think they want vs what we may be able to sustain?
How MP works in mysterious ways?
Not to scare you, but I'm similar to Brad our CEO (maybe more pathetic than him if I'm totally wrong), 35 no college education as I broke every lumbar in my back in my first game of college football...didn't even make it pro.....my ego was so big out of highschool i wouldn't go to a D1 school that didn't play every week on national tv.... So I turned down a scholarship to Fresno state and decided to improve my credibility by playing at a junior college so I could play for the likes of USC, Florida, etc....you know who took the Scholarship I turned down? Carr - plays for the giants....I ended up beat up with no education beyond highschool and I disnt even get my diploma until the next year because when ucla rescinded their offer for Cade mcknown I jus t said f this I better than everybody....
Some,like me, always have to do everything the hard way....
I've learned a lot of lessons....looks like I'm still learning the hard way though....
Good luck kid
Not to scare you, but I'm similar to Brad our CEO (maybe more pathetic than him if I'm totally wrong), 35 no college education as I broke every lumbar in my back in my first game of college football...didn't even make it pro.....my ego was so big out of highschool i wouldn't go to a D1 school that didn't play every week on national tv.... So I turned down a scholarship to Fresno state and decided to improve my credibility by playing at a junior college so I could play for the likes of USC, Florida, etc....you know who took the Scholarship I turned down? Carr - plays for the giants....I ended up beat up with no education beyond highschool and I disnt even get my diploma until the next year because when ucla rescinded their offer for Cade mcknown I jus t said f this I better than everybody....
Some,like me, always have to do everything the hard way....
I've learned a lot of lessons....looks like I'm still learning the hard way though....
Good luck kid
Rj, the guilt is already growing on me....
I said you know my history....I'm learning too, but I shut my trap for 6 hours or more to just "try" and read and comprehend this....I'm dislectic...that's why I pointed where I found my interpretation....I was hoping someone could confirm or assist me
But to follow is stupid, to listen is to learn....I'll always be honest on what I think, but doesn't mean I'm right.
I'm insecure in this environment as its new to me, but I do my best as its my money and my decision, and I will have to be responsible for it
It's in my nature to be honest.....like I've said before "it my biggest attribute and liability"
But truly, that's how I read it.....interesting how the q2 shared so much about q3 dont you think?
Avocet, who do you write / work for? I've given ou crap before about your poetic justice....but man you have got to be journalist somewhere or one of the most experienced penny egos Ive ever heard of....I'm sure your like a ghost...your here then your there then your everywhere....
Getting accustomed to it.... Bring something different than I would have thought, but I will admit that it pisses me off you won't ever point to something concrete....guess that's just your way?? Huh?
You know my history...I try
First remember that a higher pps equals a better line of credit, 2nd they have very few shares available to sell from the treasury, 3rd they used almost e very bit of cash.
Then read the very end of the q2. Count the shares And cash used to settle comtract, warrants, etc.
If they don't get the pps up then this smokescreen( to use a word traders love tI use to sound intelligent like they know something you don't) of looking like things are terrible won't work. They will need to sell some shares to cover cost of operations for the next q as it will require a lot more product...hence pps must go up because hey have almost no cash....they used it to clear the balance sheet since q2 ended.
Look at the notes....what did they do in July...August....what deals were terminated?
Just go to the end of the q and work your way back up.
They deflated everything to scare little guys away.
Just wish I had more funds for tommorow and didn't put them in last couple of days....
Remember when we had the private jet conversation and everybody flipped and my theory was they were taking a break before they worked harder than they ever have????
Did people pay attention to what they did since the q2 finished?
People said they inflated numbers for q1....well I couldn't have imagined how far they would deflate q2?
Change accounting policies my a$$....it was deflation....do the numbers yourself preamendmemt and then tell me the sales increase?
Look at cost of advertising? Much lower /per sale
Look where the minimal diltutiin went? Exec comp...it's in the right hamds
Don't tell me about the 3.5bill o/s....it's a requirement for this.
Don't listen to me....read it yourself....I could be wrong,,,,but I would advise reading everything they did since the q2 and compare with the 8ks...looks like deflation to me
Maybe I read a completely different q, but it's looking better and better...
As of today the company is cash barely anything,,,but they executed exactly what they pr's in march....did anybody go through all the footnotes?
"I" read that since q2 ended they have been relieved of all toxic debt and that there will NOT be any further diltutiin ..."if" they can get the pps up to .045?
Buy back is still in effect.....and they only diluted an additional 68million shares....
This was being run like ENRON, but not anymore...they got shit together before there sh$% got pushed in....(sorry for vulgarity) just pissed that they have I make this crap so complicated.
I expect:
Pps rise very soon (within 45 days tops of not tomm)
Promo
Sustained pps to follow
Clear cut news and change regarding apparel....good (near future as well)
It's time
Unless I'm just that confused and opportunistic...that I can spin all I read into my positive apeculation
My post from August 17th below post 39976...I also posted this number a few days prior as well:
How about 18 million in Sales for Q2, but with a operating profit?
Followed up with a PR explaing why sales had a slight dip, but with slightly increased margins....and an increase in year end estimates to $85million.
I am actually very pleased with them and dissappointed with myself....should have known to take out the discount and to increase expenses in regards to legal fees, new exec compensation, and expansion into Canada office.
Next q profitable.....rev starts climbing every year during q3 and q4.
I'm definitely staying in.....so close ....in hindsight should have known
Yes that too, but I was actually referring this to
The major increases were the result of approximately $400,000 in advertising, $300,000 in legal fees, $400,000 for salaries and benefits, $200,000 in stock based compensation, and $200,000 in increased travel and office expenses.
Loss from Operations
The loss from operations for the three months ended June 30, 2012, was $1,664,341 as compared to a loss of $1,893,768 for the comparable three months ended June 30, 2011.
To bring in the new execs....also note after a major increase in sales compared to 2012 the cost decreased....
Profitability on the way??
EDIT:I had posted 18 million, just forgot the new accounting practices - the "discount"
Also form a quick glance...it looks like they dramatically cut there expenses. If it weren't for the cost of the new execs, and the expansion into Canada they would have had an operating profit.
Looks like it's getting under control????
Am I getting this so far?
Yes and No...I am assuming that over time the PPS would reflect that 100% investment??
along with the dilution would require that price was actually paid for said shares?
Can that correlation be made? Like you said in that case .02% of company market was traded....and many of the shares traded were washes/flippers,,,but over time and to absorb dilution wouldn't you be able to guestimate that there has been a large influx in CASH invested?
Or is that what you were trying to say ealier that we could have handled that on our own with people double downing?
JTLG, Mighty, December was even .0055, plenty of days in March .006s'....basically through mid Feb to mid March the PPS was in the .007 +/- range.
I get the 115% from PPS doubling from time range above to current; with 10% (400) decrease in shareholders....
Again that doesn't include the dilution we absorbed....thats why I was also saying the inlfux in CASH could be exponentially higher...
Just Love The Game....your thoughts welcome as well.
Mighty, stay with me here for a moment...
1. I was using general # of shares to account for volume
A. I would think we can agree there has also been some Wash Trades from time to time (definely a few weeks ago when it .02 on a supposed Load UP,,,,maybe today too)
4. Even if everybody doubled down that wouldn't reach the 115%....and remember that doesn't include the dilution we absorbed which in combination would exponentially increase the CASH infusion to sustain current PPS.
3. I'm a little lost on what you're saying? (especially pertaing SEC concerned & terms of ownership) but overall lost on your point here.
A. If you're getting at heavy NAKED SHORTING that would only add to my perception that there has been a huge influx in CASH
2. Yes, it is who...???
If I'm understanding you correctly?? You are saying that the current PPS is still heavily inflated (artifically)? You think this company that does 18 mill in rev a Q with massive branding expossure may only be worth 10 million market cap?
Doesn't make sense to me....atleast not yet.
--------
I'm NOT a chart reader.
I'm NOT a exec with a public company
I can't understand SEC filings completely
I am someone who owns a business and has learned through my own trials and tribulations and try and use that experience to understand news and their direction without being exetremely negative or positive regarding any information I find or hear.
I am thinking that the CASH increase has been substantial in the last 5 months....whether its one group or multiple groups of people with inside knowledge,,,,but thats what I'm getting at
Your thoughts?
may i ask how many more share did you accrue during and after the P &D?
Also how much more $ durng the same time period?
Mighty, I am not trying to play dumb....but this doesn't make sense to me.
400 less shareholders ; let's say with an average of 500K shares = 200,000,000 shares (200 million shares).
If they sold everything as a group over time at the current volume rate of 1.5 million per day it would take 133 days.
Well the 400 less shareholders was over 90 days....and somebody has had to purchase those shares to sustain the current PPS that is double from that time.
Double a PPS and with a 10% decrease in shareholders is roughly a %115 increase in CASH.
I dont think a new batch of 2000 more "retard investorts (I'll include myself in this case)" came in to replace all the dumpers and we invested 115% more capital than the previous investors.
All those numbers do NOT include the additional dilution which was absorbed by us. I only saw Pre-Planned sale of 20 million shares, but I would assume the P & D liquidated a huge amount of the warrants. Those numbers have not been included in my calculations, but the would exponentially increase the CASH invested into MSLP.
Please feel free to put me in my place....explanation appreciated.
I "might" start selling when PPS is up 75% and you say something like "maybe I was wrong...looks good to me"
That is unless you can enlighten me with a response to my post...the third time I asked....why is PPS double from low a few months ago with 400 less shareholders?
I bought more on the pump too....with my inexperience, but explain the 400 less shareholders?, and a doubled PPS
Penny Joe, I said my post was meant to be funny because this is annoying.
I get what your saying, but obviously you have some optomism as well??
I made a comment about 400 less shareholders with a PPS that has doubled since its low a few months ago?
Can you explain how this has happened?
....And no I was not smart enough to load up at that low as I wasn't experienced enough to do so and recongnize the pump in advance needed to absorb all the shares that got dunmped via warrants, toxic debt....
I make one sarcastic comment because we are all trying to figure this out (maybe some here already have), but then explain, or atleast attempt to answer my question....
The sarcasm was to lighten everything up and I was tired of "no it's NOT" in reply to everything and anything.
So reply with an explanation or don't reply at all....no offense intended
Sorry Penny Joe....I thought my post was pretty funny too....NO its NOT!
I did notice this though...which maybe you could shed some light on:
There are atleast 400 less investors than there were in Q1. The PPS is double what it was?
How does that occurr?
This is funny and annoying at the same time....
It's gonna go up....not it's not
it's a new product....no it's not
Volume is up....no it's not
PPS is gonna tank....no it's not
Q2 is due today....no it's not
ne picture....no it's not
Is it time.....not yet?????
Renn, avocet, jltg....you've made some very valid points and i won't attempt to persuade you differently....I will agree to disagree....
Good luck.....I appreciate the thoughts and perspective
Now that wa better put....I was strictly talking brazil....especially regarding smoking.
I am the youngest smoker after some kick around....with the elders (40+) in this case....like You said they handles this problem head on by making cigarette companies have these disgusting pictures mandatory for over 10 years. That was my point and that it very effective....
Plan on quiting cold turkey in December when first baby arrives.....the idea of telling my child I need a smoke break just doesn't sit well with me.
Good morning all from the west coast
Edit: True about growing middle class, but its more about import taxes and fees and an outdated regulatory agency that creates an extremely high price in regards to supplements.
Don't believe everything you read.....you smoking drinking comment is about 10 years late.....maybe 15.
When I go I am one of the few young guys (35) that still smoke like crazy with my red labelJW, and Antarctica (local medium end beer) after a couple of hours of playing soccer.....for example you know the laws they are trying to pass in the US and europe to have a picture on the box of a pack o cigarettes with someone dying, missing a leg, using a breathing tube (because of smoking)....those laws have already been mandatory for atlesst 10 years! I think 12 though....
I'll give you credit for atlesst trying to learn,,,,but the first rule in learning is don't believe everything you hear or read.
I am saying this respectively, not trying to one up you.
Their culture is exponentially more adaptive to the present than any culture in the world including the US.