is...buyin the dip
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.005 is all that needs to be known.. that is the market perception.. that is all that should matter as it concerns your $
by face value i mean to accept something as the way it appears.. and the way this company appears is to be extremely misleading and borderline fraudulent in nature..
yeah i would agree that things like this would be better for both parties involved settled out of court.
I think he is hoping that is the reason. No offense LC... Anything anyone says about this company is pure conjecture.. hell for that matter, anything this company says about itself is pure conjecture and should be taken at face value..
a whopping 3,998 shares... big money roight thurrrr
I did, I honestly tried. If they would have used someone more attune to writing these kind of books, I'm sure it could have been a great success story(leaving out the shareholder aspect of course) and it could have been a well written book..
But much like everything else with this company, it was thrown together in minimal time, to produce profits.
I honestly believe that Cory, Brad, and Jeremy need to give up their Series B Preferred shares. They could do this and retain their salaries for another year, and be put in a position of being in charge of a division of MP... Cory can be the Social Media pretentious bitch that everyone knows and loves, Brad can make coffee and pick up breakfast for everyone, and Jeremy can hang out in his new gym in Idaho handing out flyers and samples.... I would be fine with that. Allow this company to answer to its shareholders, to the people who dumped their hard earned money into the potential of this company..
I bought his book.. It is the most poorly written piece of literature I have ever set my eyes on.
It's not so much a book, it's a really long interview... I didn't finish it due to my inability to follow him.. Even on my prescription methamphetamines for ADHD.. Horrible..
well well it did break below .005... if this thing closes below .005 thats bad joojoo.... pretty key support right now..
is anyone still entertaining the thought of a MP BB.com merger? I find it very interesting that DeLucas salary is being bumped up, and the SEC filings is talking about what happens to their pay if any member is "let go"
You have got to ask yourself "why put that in there now? what are they preparing for?"
It seems as if the only way these guys are losing the reigns of the company is if they are forced out.. and if they are, they are now set up to be very well compensated in that event as well....
anyone think we'll break below .005 today.. and hold..
hahahahahaha
i'll probably get burned at the stake for that but i am not trying to be negative just calling it how i see it..
Honestly I have not been keeping up with all of their financials and sales as of late..
however,
I expect it to be late first of all... due to continued dilution i do NOT expect them to be CFP, and due to the shear fact that they want to R/S and are adding amendments to the R/S terms(BEFORE IT EVEN HAPPENS) to allow for further dilution afterwards I do not seem them cash flow positive in the near future either...
Honestly, I am starting to think that the time for them to make a name for themselves as far as the market goes has come and passed... with the growth % rates they were experiencing and amount of $ they were bringing in they should have cut all unnecessary expenditures and started stockpiling $ as soon as they got a plan that worked.. but instead they became greedy and are trying to expand way to fast.. at some point they are going to reach a peak of product awareness and once the % numbers start to retract no one is going to be interested.. maybe another supp company will wait for the fall of the mp empire, and buy them while they're teetering on 3 legs... right as they threaten to break the other leg off..
every morning i look at the price and i always catch it 5%+.... hmmmm perhaps a little afternoon buy, morning sell action in the works here for some nice 5% daily profits....
is there a tax write off for being eternally optimistic on stocks that you take losses on?!.... ;)\
mslp?
I'm not sure how to respond, whether you agree or disagree or what with "seriously" ... but at this point I would say its a matter of figuring out if you are comfortable accepting what value you can get now.... to each their own...
So much for the share buy back of up to 100M shares lol more like R/S dilute another 100M shares hahahahaha fkn blows.... These guys are spreading too fast for their own good.. I think the CEO is to usedto his NFL salary... He never got the memo about running a regular business
I definitely hope y'all get some good price action in the near future... It's definitely deserved!!!
That will be a good day for all of my former fellow longs...
They ran outta money
I already get taxed at about 35% for my job... Nothing new to me... $1600/week in taxes when I'm at work.. So everything I profit I automatically set 35% aside... And move forward... Then at the end of the year it's there if I need it...
When I flip I trade, when I want long term stability I find a nice stable stock with a good dividend... I have a colleague getting me interested in flipping for dividends... Something about being in on a certain day and then you get the dividend check an selling out a fast as possible after... Literally in a stock for like 24hrs
The same colleague is getting me into some type of state backed bond or fund or something that pays like 10% and you don't get taxed on it ...period. Don't know all of the ends and outs yet...
Taxes are the nature of the beast... The sooner I learned to just deal with it an build a trading system for me around it the better off I was.
I honestly at this point don't really care about the fundamentals of this company or any other company I want to flip for that matter..
At this point I were a bagholder I would stop paying attention to what the company is doing and watch the stock... And the generally psychology o this board... If everyone Is lookin for .02 to get out then chances are this thing will hit a serious wall and start slowing down the closer it gets to .02 as frustrated holders anxiously get out prematurely of their .02 mark just to lock in some kind of value..
That's what I did on the last run.... Everyone was watching and waiting for .02 then when it hit .018 I started selling chunks of my 1.6M position... I'd sit on the ask in line with everyone else and watch the bid creep up to where I was comfortable with the price and volume then whack the bid and dump a chunk... Lock in profit... Then sit on the ask again and repeat the process till I was out.. Every now and then I would get slapped on the ask but I wasn't waiting for it... Could tell the window of opportunity to get out in the green was closing fast..
Some might hate me for that others my say good job... In the end it's all about being in the green at the end of the day...
Remember it's nothing personal... But in order for someone to sell and make a profit someone has to be willing to buy and take the burden of risk...
The only thing that matters in regards to share structure is the fact that they are retaining their "Series B Preferred Shares" which gives them the majority vote as long as they act together.
Share structure at this point in regards to ownership of the company is a pointless discussion until those shares are relinquished..
Share structure in regards to price action and liquidity is a whole nother ball game.
I agree, there is no hate towards the potential or the product.
People need to get a grip and realize that their "best scenario" for MSLP is just that.. a scenario.. and not a reality...
I wish everyone could make money here with MSLP but the truth is... thus far.. the only ones that have made the money are the MSLP big wigs, and the penny flippers.. all of the faithful longterm investors are now bagholders..
Prizzy you talk about faith in the company... what % are you in the red?? unless you've been buying tremendously at these levels.. and if soo.. then how many of your MSLP buys/positions are negative
I had faith at .008 earlier this year and rode it to .037 and drank the koolaid buying on the way up and finally got out at .018 only after a pump.. and now here it sits.. at .005... HALF A CENT! THE PERCEPTION OF MSLP TO THE MARKET IS THAT IT IS ONLY WORTH HALF A PENNY!
Here are a few things MSLP noted in their filing that I do NOT think you are aware of..
http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8882131-883-605088&type=sect&TabIndex=2&companyid=761194&ppu=%252fdefault.aspx%253fsym%253dmslp
Yall are really pumping this thing hard.. if it such an awesome thing then why does the pps remain @ half a cent..?
This is all speculative... You are basing these numbers off of what you think they will do. This should not be stickied...
Is that what MSLP said? They only need $20M...
Well then you should believe them... They haven't lied yet....
I'm thinking it will be diluted to the full 100M... Use their past as a gauge for their future...
I understand the difference...
I also understand they flat out told everyone they are making the A/S at 100M because the 3.8M is not enough for capital... If people do not understand that means DILUTION then I don't know what it would take...
You forgot the 100M A/S
Thanks bud I appreciate it
That is correct. They have amended the R/S to where they have already authorized an additional 96,153,847 shares.. so to say it in quick terms we will have an O/S of 3,846,153 with an A/S of 100,000,000 shares.
Basically IF/WHEN they dilute the full A/S your shares will be effectively worthless. Here is an example: ( I read somewhere on here that with the 1 for 650 the pps will be $3.45, I will be using this pps for my example.)
Lets say an investor buys $10,000 of MSPH(nasdaq ticker after uplist according to a post on here) @ $3.45. You will have 2,898 shares worth $10,000... pretty elementary math.. now with the A/S already being at 100,000,000 they can dilute up to 26times over....
So using our current example of 2,898 shares @ $3.45/share for a total of $10,000, we can conclude that once the A/S are reached you can figure out your MSPH worth by simply dividing your purchased share price of $3.45 by 26(the amount of times they can dilute over) and you will come to the answer of $0.13269/share... Now multiply this by the number of shares you own, which is 2,898 and you now have a MSPH holding worth $384.54...
Thats the long way to come to the answer but it explains it a little better.. or you could just divide your $10,000 by 26 and come up with about the same answer.. plus about 7 cents..
In conclusion when the A/S of 100,000,000 is reached after the R/S your $10,000 investment will then be worth $384.54.
They already stated that they do not believe the 3.8M shares to be enough for working capital.... how are shares made into capital? They are Authorized, given in exchange for services at a discounted rate, then dumped into the public pool for a price higher than what they received them at... ultimately bringing the public pool pps down... simple dilution for capital and MUSCLE PHARM came out and told everyone publicly in a filing.
yeah i think you are right... they are going to be such a major player on the NYSE that when their pps moves so will the markets.. its gonna be awesome.. expect some major good news from MSLP???? buy some power shares!!!! ;)
They stated that they have already authorized additional shares for after the RS... They are going to RS then dilute to pay for things... AGAIN... They can't get there shit together now, why would anyone suspect that a R/S will lead to fiscal responsibility, the same bozos still in charge...
If they RS and authorized shares into the public market AND relinquished they're magic control shares(which would give control to a public majority) then there could be potential... But I don't see it...
MSLP publicly stated dilute, R/S, repeat...Might wanna check out this wording
"The Board believes that the amendment of Article III of the Company’s Articles of Incorporation is advisable in that the Company otherwise would have only 3,846,153 shares of authorized Common Stock AFTER the Reverse Stock Split, which would be significantly LESS THAN the Board believes will be NECESSARY for the Company to engage in FUTURE capital stock transactions."
Now here is the amendment that will also take effect with the R/S...
"An amendment to Article III of the Company’s Articles of Incorporation, to be implemented AFTER the effectiveness of the Reverse Stock Split (as defined below) to INCREASE our authorized Common Stock from 3,846,153 shares to 100 million shares. Such amendment amends and restates Article III in its entirety"
Note
http://en.wikipedia.org/wiki/Fiduciary
wilermke please read the ENTIRE first sentence for the class please... all the way to the first period.. PLEASE(now you have to read because I said "please" twice)
"Breaches of duty and remedies
Conduct by a fiduciary may be deemed constructive fraud when it is based on acts, omissions or concealments considered fraudulent and that gives one an advantage against the other because such conduct—though not actually fraudulent, dishonest or deceitful—demands redress for reasons of public policy.[32] Breach of fiduciary duty may occur in insider trading, when an insider or a related party makes trades in a corporation's securities based on material non-public information obtained during the performance of the insider's duties at the corporation. Breach of fiduciary duty by a lawyer with regard to a client, if negligent, may be a form of legal malpractice; if intentional, it may be remedied in equity. Clark v Rowe, 428 Mass. 339, 345 (1998) (dicta).
Where a principal can establish both a fiduciary duty and a breach of that duty, through violation of the above rules, the court will find that the benefit gained by the fiduciary should be returned to the principal because it would be unconscionable to allow the fiduciary to retain the benefit by employing his strict common law legal rights. This will be the case, unless the fiduciary can show there was full disclosure of the conflict of interest or profit and that the principal fully accepted and freely consented to the fiduciary's course of action.
Remedies will differ according to the type of damage or benefit. They are usually distinguished between proprietary remedies, dealing with property, and personal remedies, dealing with pecuniary (monetary) compensation."
Where do I sign?
hahahahaha i thought you were going to say the "disposable blanket that gets grabbed to catch the ending of the cheap date coitus" hahahahaha
First of all I do not hold a position in MSLP. Just so everyone is aware. I am speaking out of pure opinion.
Good to read your posts again avocet! I fear that it is going to take some form of legal action to get these guys to appreciate the shareholder.
Lets be serious for a moment. Put yourself in their shoes... If you can live the lifestyle these executives are living, on the backs of shareholders, and all you get is complaining, bitching, griping and maybe a few nastygrams then what is going to stop you from doing it?
I really hate to say this, even though I am quite positive the though has been tossed around, but the shareholders need to start looking towards some legal action. Whats to keep these guys from issuing shares until the SEC finally says "no more shares" ? At which point they could reverse merge into the shell company trading on the german exchange and dump more.... At which point they will be under their rules..
I am not an exchange expert on the legalities of the system, however, putting myself in their shoes.. thinking a long the lines of the type of mindset they have shown the shareholders it is what I would do..
I'm sure someone heavily invested in this company has a a legal friend or two, or knows someone who knows someone that can look into the legality of their proceedings..
What happened to the PR that stated "this is a good investment for long term shareholders" when the price was around .017-.02..... and the executives made purchases.. at the time i didn't believe it, but it is quite possible that it could have been like others mentioned... a head fake.. a juke by the MP CEO/ Wide Receiver.. i'm sure he knows a thing or two about juking the opposition..
some thoughts from a former shareholder no longer holding any position
everyone loves bacon!!!!! I noticed Drew is running the Facebook site now.. maybe go on there and blow it up under a gimmick FB account asking for a p&d