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LMAO.
And what consequences may those be?
The CEO has said in no uncertain terms to expect dilution throughout 2013. Knowing the consequences of dilution on the pps, why are some people frustrated and demanding him to stop issuing shares?
Again, if some of us got in too early at a much higher price, then that's another story.
"Didn't Codie say one of the 3 SPENDTHRIFTS was still living with his parents."
That would be outright embarrassing considering their compensation. I'm guessing Musclebrain Cory. Would Codie be kind enough to let us know?
"You think the company will be "cash rich" in 2014?"
You have your take on what will happen in 2014 and I have my take. We'll know in 2014.
Again, I expect dilution, per the CEO, to continue throughout 2013.
We just have to figure out why some of us are so frustrated with so much potential.
"I do not care about one more fishfarm, I want an end of dilution and higher pps."
I'm not getting most of this frustration. Every single one of us here understands the effect that dilution has on a stock price. The CEO publicly made it clear to expect dilution throughout 2013. It's not like he's diluting behind our backs and announcing it after the fact.
The end of dilution, according to the CEO, will come in 2014. A higher pps should follow thereafter. A much, much higher pps if growth continues at its current pace.
A true long would hope for the stock price to stay below $.60 throughout 2013 while they accumulate and reap the rewards in 2014 and beyond.
If some of us got in too early at a much higher price, well, then that's another story...
Thank-you. I'll try to. I'm in accumulation mode.
The only things I see weighing down SIAF is dilution and some would say being a small-cap U.S.-listed Chinese stock in light of the accounting scandals. But the CEO has already said to expect dilution throughout 2013, so why is that a surprise to anyone. He's kept his word.
And if he continues to keep his word and stops issuing shares in 2014, we would have a company that:
--is growing over 100% yoy.
--has a P/E under two.
--is debt free.
--operating in the world's most populous country with $1.2 billion people who need A LOT of food.
--has management that is competent and forth coming with its plans.
I have over 50 stocks on my watchlist and there isn't one that has the fundamentals that SIAF does. An obvious accumulation stock for me.
I agree with all your sentiments. As a long, it's about TIMING, too. Those who got in too early and didn't have the opportunity to average down may not be as well-rewarded as those who did get the chance to average down or those who sat on the sidelines and got in late.
Dilution aside, SIAF has the most potential of any stock I'm aware of.
Well then, it seems to me that the only unhappy and frustrated people are the traders, shorters, and those who expect short-term results.
Any true long will accumulate SIAF based on its fundamentals. Look beyond 2013 and you'll see the forest instead of the trees.
Not my style to short a company with a consistent 100% yoy growth and P/E of under two. China has about $1.2 billion people and they need A LOT of food.
A true long would want SIAF to stay below $.60 throughout 2013 while they accumulate. Once the dilution stops, SIAF is a bona fide 10 bagger.
The CEO has already stated, per his 5 year plan, to expect dilution throughout 2013. IMO, knowing this in advance, a good strategy would be to purchase SIAF every 3 months.
There was an excellent post by someone a few days ago that showed Musclepharm had made dozens of amendments to its SEC filings. This person was very precise with their numbers. I wish I had bookmarked that link. In many of those filings, MP would make very favorable announcements to attract new investors and string along current ones, then made amendments to those filings that were not as favorable as the original ones.
At this point, if there was even a 100%, iron clad, case of finding MP management guilty of IMO, willful deception and fraud, no law firm would pursue it in court because Musclepharm has no money. And we know how those corporate lawyers love going after companies with rich coffers.
Rather than spending resources on "propping and buying" to artificially keep the price at a certain level , maybe the muscleheads should focus those resources on becoming "cash flow positive and profitable."
Another gross misuse of shareholders' money.
"If you feel that strong why don't you challenge them in court?"
I've already sold over 50% of my MSLP holding. And with the appreciation of my other stocks, it's less than 3% of my holdings. No biggie to me what happens to MSLP now. Pennies make up about 30% of my holdings but provide about a 80% excitement value.
It's not worth anyone's time to take these IMO, fraudsters, to court. Lawyers go after companies with money, not a loser one that's lost money four years in a row and begging for 150% interest rate loan to stay afloat.
A "spendthrift" is a person who recklessly spends too much money, not to be confused with a person who is thrifty with their spending.
e.g. Musclehead Brad is a spendthrift which resulted in his bankruptcy. Musclepharm can expect the same result under his management.
Fact: Musclepharm has lost money four consecutive years. It has never made a cent in profit since its founding.
If a private company lost money four straight years it would:
1. Declare bankruptcy.
2. Auction off its equipment.
3. Close shop.
Now, enter the wonderful invention known as the stock market.
1. A company loses money four straight years.
2. It needs cash infusion to survive.
3. Releases borderline fraudulent press releases to entice new investors and string along current ones.
4. Gets the money it needs, lavishes it management and athletes.
5. Through reckless spending, it runs out of money again.
6. Wash, rinse, repeat.
If Musclepharm is to continue as an ongoing concern, it will be at the cost of current shareholders through massive dilution.
Avocet, my friend, everything is fine and rosy with Musclepharm. We've got Cory's profit-generating abs to bail us out.
In at $.08, strapped and ready to take off.
Based on the amount we lost (around $16 million if I remember correctly), sales aren't anywhere near to covering expenses. Although I suspect that most of that loss may be accounting loss (paying athletes in shares and booking them as expenses as one example), which can be used to reduce tax if the company's profitable in the future.
I don't think the company will be self-sustaining in 2013.
"...nonsensical chatter about why this and why not that is a pure waste of readership time."
I guess everything here is a waste of readership time then.
Looks like the U.S-listed Chinese and solar panel plays are beginning to rebound. The top five solar panel companies have been up 70-110% in the last month. Not sure if it's too early or too late to jump in with both feet.
There's no doubt in my mind that SIAF will be a huge winner when:
1. The dilution ends and the company is self-sustaining. the CEO has said he expects dilution to end this calendar year. But time will tell.
2. Enough confidence is restored in U.S.-listed Chinese small-cap companies after the accounting scandals of recent years.
If growth continues at the same pace, a 20-bagger over 2 years is very plausible. 1.2 billion need A LOT of food.
At the end of the day Drop is a $3 product or $9 as a package. It's not a product people usually buy online. My guess is that we'd have to sell about 5,000+ a day just to cover G&A expenses.
Point of sales!
Point of sales!
Point of sales!
At 7-11!
At 7-11!
At 7-11!
As for bgrass1 being the largest shareholder measured by number of shares and not initial investment amount, I'm not sure he would be. He bought at around $.75 and others bought at $.12. So, some of us would hold more shares than him based on 1/6th the initial investment. By the time he breaks even, some of us would be up 600%.
If you check Google Fiance under "Related companies", Fuse Science is listed alongside other bio-science research companies and not beverage ones.
I can see two scenarios in which Fuse easily becomes a $3 stock:
1. If pharma play comes through.
2. Distribution deal with 7-11 announced.
If, if, if...
"Someone keeping the share price above $4."
This is what I fail to understand. Why artificially keep the price of a stock at a certain level when they could spend all the resources on improving the fundamentals of the company. When the fundamentals of the company are strong, its stock will rise to reflect them.
We've got a motley crew here, boys.
--Bankrupt Musclehead Brad.
--Musclebrain Cory flashing his profit-generating six-pack all over the Internet.
--Jeremy "Spike" DeLuca with an eye patch on google image.
--Bluher the Obfuscator on a reality TV show.
It doesn't get any better than this. Warren Buffett can't wait to bust in on some of this MSPLD action.
This is NOT advice for anyone on this board, just me thinking out loud. When I'm heavily invested in a company, especially one that may go belly-up or make a stunning turnaround, and I'm tormented as to whether to stay in or get out, I usually take the middle ground. I'd sell half my shares and invest it in something that has more potential and less uncertainty.
Each to their own.
I called the SEC Complaint Center and said, "Hello, I'd like to report a possible insider trading case against two executives of Musclepharm."
"Please tell us everything you know about the case."
"Around April of 2012 Mr. Brad Pyatt and Mr. Jeremy DeLuca, two insiders who had intimate knowledge of the company, bought shares of the company in which they served as executive members."
"This sounds interesting. We may have a case here. What happened?"
"The share price tanked 76% in the months after they bought it."
The SEC said, "Sorry, we don't investigate stupidity."
"Hello? Hello! Hello?"
"I have NOT been able to forecast the future of MSLP."
How can anyone if MSLP's management has a pattern of obfuscating shareholders with false, deceptive, misleading and, IMO, fraudulent press releases to entice new investors and string along current ones. IMO, MSLP is run by a bunch of stupid and greedy people--not a good combination.
"I'm trying to learn (as you know) how to find stocks that are undervalued with a strong possibility to appreciate with minimal risk."
You probably want a variety of stocks in your portfolio and not just undervalued ones. My categories are:
--Turnarounds (MSLP, Dex One, Groupon, Zynga, Cliff Resources, etc.).
--Future technologies (solar, wireless, etc.). SunTech, Yingli, Tesla...
--Lottery stocks. Sub-penny stocks. Something like Shoal Point Energy (SHP).
--Industries on the rebound: US-listed Chinese companies that have U.S approved auditors and solar panel industry. All my Chinese and solar panel plays are up big.
For long term hold, you can't go wrong with oil. Junior exploration if you have a tolerance for risk.
"I am stuck as almost my entire portfolio is riding on MSLP."
Might not have been a good idea on an OTC stock.
It's a learning process.
I called Musclepharm and said, "I noticed that Cory Gregory is listed as Executive Vice President. What's he's in charge of?"
They said, "Peace, brother. Cory's salary and compensation have been over $500,000 and as such he's a very important person. Have a look at his indestructible cash flow positive six-pack."
"I really don't expect the company to be profitable any time soon, but when can we expect it to be cash flow positive? And why the silence from the company?"
"No worries, bro. Cory's six-pack will take care of everything. Peace."
"I just saw that Brad Pyatt and Jeremy Deluca bought over 100k worth of shares in the open market when the stock was around 2 cents back in April of 2012."
I can imagine this: Musclebrain Cory and his profit-generating abs on the cover of Fortune magazine with the headline, "CEO buys shares in his own company only to see it sink 76% 8 months later."
They bought at $0.02 pre-split and now it's about $0.0048, despite their inside knowledge of the company.
Musclehead Brad Pyatt and Jeremy "Spike" Deluca:
http://img.getglue.com/movies/dumb_dumber/peter_farrelly/normal.jpg
At this point, with current management running the company, I just don't see mslp as an investment stock but as a trading one--in and out, make my 10-20% return and move on.
But if a significant deal with Mr. Frost is finalized, then I could see MP as a sound long-term investment. Again, I'll believe it when everything is legally binding.
With their history of issuing, IMO, deceptive and misleading press releases, they'd better not release any fluffy LOI (letter of intent) or MOU (memorandum of understanding) regarding Mr. Frost. Otherwise those in the know will interpret it as, using VLT slot jargon:
string along!
string along!
string along!
If there is any major, pending deal, just finalize it before making any announcement.
See everyone next month!
Baby needs new shoes and a college tuition.
Go MSLP!
I admire you and trust your due diligence.
Humans have evolved to the top of the food chain because of our ability to adapt to change. There's no reason why MP's management cannot do the same and change. However, based on a four year track record, I will continue to poke fun at Musclehead Brad, Convicted Criminal Jeremy and Gansta wanna-be Cory until everything is legally binding. It's nothing personal, just business.
You'll have to put up with me or until the moderators kick me off. lol.
"Mr. Frost is a shrewd and discerning investor and his interest in MP is both stabilizing and reassuring."
Precisely the reason I'm still holding and hoping for a spike. I have seen numerous times how stocks took off when big money lined up behind them. Recent examples are Dex One and Groupon. These two companies were left for dead until institutional investors jumped in.
My concern is this: What has ACTUALLY been finalized? Mr. Frost is worth $2.4 billion, so to think that he would waste his time on a $1 million deal is absurd.
Until Mr. Frost takes a substantial ownership and all the documents are signed and legally binding, then I will continue to view all MP announcements (either press or SEC filing) as "string along" tactics. IMO, anyone who thinks otherwise, based on what we KNOW is naive.
If or when Mr. Frost takes a substantial position and everything is legally binding, we're in the money. Until then, blah, blah, blah...
lol.
"How I Turned My Body and Brain Into a Unibody Muscle" by Cory Gregory, with special foreward by Musclehead Brad. And for a limited time our hardcover special edition includes an extra chapter titled "Putting the Ooomph in Your Supplements," by Convicted Criminal Jeremy.
Available on iTunes, Amazon.com and a bookstore near you.
I called Musclepharm and asked them, "You guys are running a business that's lost money four consecutive years. When can we expect Musclepharm to make a profit so we can make our money back, and then some?"
They replied, "Oh, don't worry, bro. Read the latest article on Brad, Cory, and Jeremy. It's very heart-warming and should bring a few loving tears to your eyes. Peace."
I said, "I just want you guys to remember that everything you have in your life is made possible by shareholders' money, some of that mine."
The replied, "How dare you question our business acumen after seeing that picture of Cory and his six-pack or Jeremy with a child on his shoulders! What kind of monster are you? Did you not see that picture of Brad in a suit looking professional and business-like? Does that not spell 'profitability' to you? How dare you!"
I felt horrible and hung up.
Thank-you.
I'm a CBP shareholder, also. I agree with all your sentiments about the company.
Just to play the Devil's Advocate. With what just happened to LPH, if we assume most of it is true, do you think there's any chance the same thing could happen to CBP?
Both CBP and LPH reaffirmed their revenues and earnings in press releases...
I was wondering if someone could answer a question about FITX's recent revenue. Google Finance shows that fitx had revenue of $1.54 million for the 3 months ending in June, 2012. This was an increase from $0 last year and $0 last quarter.
3 months ending 2012-06-30
Revenue $1.54 million
Was this a special, one time revenue? Or was it from the sale of its products?
Thank-you.
I'm not sure if industry specific indexing has relevancy here. Every single company, regardless of what industry/sector it's engaged in, has the same title and subtitles in its balance sheet or financials. Among the most important metrics are profit/loss, book value, revenue, COGS (cost of goods sold), gross margin, net margin, cash on hand, and shareholders' equity.
A company goes bankrupt (regardless of what industry it's in) when its expenses continuously exceeds income. These expenses may be related to high union wages and back pension (GM's case) or high cost of production and G&A expenses(MP's case). The point is that revenue alone is a poor metric for measuring the success of a business. At the end of the day, your income has to exceed your expenses to stay in business.
At this point, as a shareholder, it's counter-productive for me to continually bash the company. I know where I stand now. I'll let the pumpers take over and hope for a spike to get out.
GLTA.
Like I said, I don't take it too kindly when people have my money by way of willful deception, which IMO, the MP muscleheads have managed to do through their borderline fraudulent press releases.
But I do understand the equity market. Go all-in with companies that have high revenue growth.
If you're patient with my lack of investment knowledge, I well bee patience with you're grammar skillz.
http://2.bp.blogspot.com/-1msLCQeqESQ/UDJrgJROSEI/AAAAAAAAGkE/aw4t0KsfcnE/s1600/you're+your+there+their+they're+mistakes+on+facebook+dr+heckle+funny+grammar+pictures.jpg
Musclepharm, Dex One, and Groupon were my "turnaround" plays. I facked up and chose MP. Dex One up over 100% in two weeks, Groupon up over 80% in three weeks.
I believe there is still hope for a last hurrah via a pump for MP. But in the long-term, IMO, MP has no hope with current management on board.