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Please recheck your math. Bill Chaaban became CEO 4/11/2012. So actually, he has done a phenomenal job at what he has put together in his very short 1 year and 8 months as CEO. In a business sense, this is supernaturally rapid progress. Everything prior to that appointment date is completely irrelevant because he was not involved. Please stick to the facts and give credit where it is more than deserved.
http://southflorida.citybizlist.com/article/laufer-bridge-enterprises-appoints-bill-chaaban-interim-ceo
FITX
No doubt whatsoever they will IMO. Everything thus far Bill claimed he would do continues to be done, and all evidence continues to suggest the company's ventures will be nothing less than a huge success. They are not some fly by night "pinkie stock company". Funny how much negativity continues here, yet those people remain on the board daily. Transparent. :) OK, back to my AminoPlex and blasting through this workout...
FITX
That post was 100% true. Naked shorting happens in these stocks all the time because of lower levels of scrutiny and regulation. Nothing Bill has said to date has been a lie. In fact, quite the opposite. Everything he has done and is doing is consistent with what he said his strategy for this company if from day 1.
FITX
I have no idea about what could be left over. All I know is it's nowhere to be found on any labeling of any MP products I've purchased since Summer, and I'm sure they didn't leave it off my products only.
MSLP
This was discussed in depth over the weekend. There has not been NSF stamping on any of the new products for months now. None of the new canisters of Assault or Combat that I bought starting August 1, 2013 (when new formula became available) have any trace of NSF on them. This has been confirmed by others. Whatever labels that are trying to squeeze money from MP for (since MP cut off off their easy money) must be residual labels still around, but I would think those supplies should be pretty much out soon if not already. Furthermore, the labels on those older products deserve to keep the labels on because NSF had approved them at time of production, and we paid for the "approval". Continued subsequent production of product with the NSF label after they severed ties would be a different story, but that's not the case. Another story blown way out of proportion, which seems to be the standard protocol on this board.
MSLP
Thanks for the further confirmation of the hot air blowin through here this weekend...
MSLP
Why would they recall the old formula (whatever few remain)? The fact is, when those specific products were produced, they had NSF certification. They had paid for it at that time, they were certified, so it should remain on those products that were produced under the time window of "approval status". When they chose (wisely) not to continue wasting money for the "stamp", they stopped placing it on the newer product labels. It's been on no MP products I've purchased since mid-Summer. If I recall correctly, I believe the NSF announcement that MP did not have their approval anymore (simply because MP chose not to continue paying them for an unneeded service) was at the end of May (would have to double check that month). It would be a different story if MP continued to place this label on newly made products at this point, even though they haven't paid the "mob" for their "approval. That's clearly not the case. If you can show that they produced and used the labeling on their new products made since they chose to end their relationship with NSF, I'd like to see it. Otherwise, no case and those people excited about this topic, or think it has any relevance, will remain you and your friend Codie.
MSLP
Yeah...I don't think so. Shorties are getting some overtime weekend hours in though, that's for sure.
MSLP
None of the newer formulations of Assault that I've bought since they first became available August 1, 2013 have either an NSF or Informed Choice label on them either, nor do my Combat Powders. Those were all bought from bodybuilding.com beginning on 7/31/13. If it is seen on any labels, it is only going to be found on old formulations still left over on distributor shelves, but I would think those supplies should be pretty much out soon, if not already...
MSLP
Again, must be old stuff with old labels left over. I bought 3 canisters of the new Assault the day it went on sale, 8/1/13. Not one of them has any NSF labels on them, so clearly the newer formulations had these labels removed a long time ago, and were not incorporated into the new formulation label. Worst case scenario if they had to pull any residual canisters to slap a new label on them, big deal. I really don't think there are that many left over at this point.
MSLP
No one's "losing" any debate. In fact, there is no "debate", we just have differing views for differing agendas, which is all good. Never doubted any lawsuit, just wanted to see the link, as did others. My view on the topic remains unchanged, as it was the last round you tried to get the topic to gain traction, but people were bored with the non-issue then too.
MSLP
Great, thanks, finally. Thankfully that find is a notch up from that old crusty irrelevant "illegal creatine nitrate" letter and claim. That was embarrassing. Appreciate the link, and the fact of the non-impact it will have for the stock.
MSLP
So are you saying that NSF does not charge to maintain their stamp of approval? That's what you keep inferring, which you know is completely inaccurate. That point alone makes your "DD" lose all credibility (not that I consider you to have any in the first place) compared to the facts stated in the link. For all this NSF lawsuit hoopla, a couple people have asked you to post the link to it, but still nothing. Where's the DD man, let's have at it already.
MSLP
Facts are facts, regardless of where they're from when they are true, as is that information.
MSLP
http://www.stack3d.com/2012/06/muscle-pharm-dropping-nsf.html?m=1
Read closer (we both know NSF charges excessively for their "approval"):
"This is for all the people who have and have not seen the NSF drop letter for Muscle Pharm. This was sent out as you can see above on May 31st. It outlines that the MuscleGel and Assault range will no longer be certified supplements by NSF. To clear things up, the formulas have not changed, they do not contain anything banned for athletes. Muscle Pharm are dropping the certification in favor of other drug-free safety checks. For those who do not know, NSF charge a shit load to clear every batch and the athlete's company is not okay with that any more. Other supplements will be popping up and also dropping the logo, it is nothing to be concerned about. Team green is staying strong and will continue to support products for athletes."
MSLP
So are you saying the NSF doesn't collect fees/charges for companies to maintain their "stamp", and they work purely on a voluntary basis from the goodness of their heart? Ok:). No one cares about it. Most supplement companies don't waste their money on it either. By the way, your terminology "kicked out" is irrelevant because the only basis for that was the fact that MP decided to give the shaft and stop paying for their worthless approval, not because their products failed some kind of testing. Unfortunately, I don't think it will help your short position as much as your trying for it to. Again.
MSLP
I'll let you know when I'm interested, but don't hold your breath. NSF is a worthless third party scheme at collecting money. Glad MP gave them the shaft and stopped throwing money down the drain to them. Apparently you don't use their products, because if you had, you would see there is no NSF certified stamp of approval, or Informed Choice anywhere on their labels for months now. At least none on their new Assault formula or Combat Powders that I've bought since they first became available on bb.com. The only label is the UFC label. Maybe they left them off my supplies only? Weird. They can't do anything about the pre-production supply which should be used up by now. Those are probably the only products that may have had the old residual label.
MSLP
Yep, judge won't know what it is, nor will 98.5% of MP users. 99.91% didn't care about the issue in the past, and 99.99% don't care about it now.
MSLP
It's all good bro, definitely sad to hear we lost you from the team though:). Patience my son, patience. In the long scope of things, it's only been a couple years since I first got in back in early 2011. That's a lifetime for most traders, but for me it's a snapshot in time. You can't deny the massive progress and development of this company that has happened since we first got in here a short couple years ago. Bill was not even CEO for most of that time. Now look at the product penetration in the biggest sites, and now big moves in the soon to be booming medical marijuana industry. He wasn't joking when he said they were going to be pioneers in that field. This guy is on a mission, I have no concerns in him not finishing out the vision he has repeatedly mentioned. I personally think he has done a phenomenal job in the short time he's been CEO, and has built strategically and hugely with the amount of capital raising (the arm flailers call this dilution) it's taken up to this point. Money more than well spent IMO. The problem here is that most don't understand the hardships and red tape delays of building a business, and the timeline for building these kind of businesses does not mesh with the timeline of most traders (which is the majority of ihubbers). Most longs and true investors don't post here for that reason, plus they don't care what the month to month pps is doing. I know I don't, but I do take advantage of it when the gettin's good...
FITX
We've discussed this. As I said last time, I liquidated my FITX shares in Tradeking awhile back on a pop with a large profit when I moved everything to Fidelity. Everything else I've bought is in my Fidelity account, and haven't sold a share there since. Bought big at .001 when all the arms were flailing, but was already averaged with my nice collection at .002. So, I'm doing more than fine, but thanks for your concern. I happen to know what I'm doing, and it's always worked out great for me:).
FITX
2 weeks? That's such a short glimpse of time in the eyes of a long. Who cares? You do realize 2 months ago we were sitting at .001 and touching on .0009, right? So, actually, things have held up surprisingly higher that I expected it to. That's because the base is getting solidified with strong hands that ignore week to week and month to month movement of the price. Our target is far down the road, and we don't care about this short terms ups or downs...
FITX
Yes, that small amount doesn't even register on my radar. Multiply that amount by several times and I may glance in that direction, but still wouldn't be impressed. If somebody starts putting down 10 or 20g at a time, that starts getting warmer.
FITX
I think your definition of a "big block" differs significantly from what others consider a "big block".
FITX
Bingo.
FITX
I have yet to see this "mismanagement of share structure". I see the exact opposite. What I see is normal and expected dilution for raising capital, as every penny stock is here for. That's not what matters. That's the norm. What matters is if they use that capital strategically and frugally with tangible progress of product penetration to market (check), acquisitions (check), major deals and partnerships (check), and slowly putting together the building blocks and foundation for the company to flourish later (check), along with a subsequent rise in shareholder value down the road (coming soon). IMO, Bill has done an amazing job with what he has built and is building with the amount of dilution and share structure currently in place. To me, it's actually relatively low for the progress made over the last year especially. These guys are in it to win it, and are clearly going to be the front runners in this soon to be booming and explosive new industry.
FITX
I have yet to see any form of "endless dilution", at least since I've been in this since early 2011. Please. For the magnitude of what has been built and strategically completed at this point with the amount of capital raised and share structure, I'm surprised the SS is not much higher, and I would be fine with it even if it was. There's a night and day difference between diluting to line management's pockets and dilution done through financier note conversion to built a company with continuous strategic moves for the long term goal of shareholder value. The latter form of dilution is clearly what I see, and am more than ok with it. I highly doubt the repeated "trips" screams will happen like they never do, but if we move to the ones again, early Christmas for me, and I'll buy anything I can. I don't expect anything major happening until after the New year, and given all the impatience here, it could certainly happen...
FITX
Amazing how that concept is not understood with companies trading here. Blows my mind every time it's brought up.
FITX
I didn't see anyone on the board saying it was a "pump" article, not sure how they would get that impression. People were only saying it rehashed the same arguments and points that have been repeatedly discussed here. I don't recall seeing anything "new" in the article. As far as Seeking Alpha in general, it's more of a blog IMO, as anyone can basically write anything without any checks and balances. Not to say the points discussed aren't true, just saying I don't think anyone puts too much weight in those "articles" since they are always one-sided in one direction or the other rather than neutral.
MSLP
Get in line buddy. Those weak hands are bound to lose their grip and patience if they don't make that short term profit they're out for:)...
FITX
It came out during market, around 3:15. Nothing new in it though. I find the self-authored opinionated Seeking Alpha articles quite useless, they're rarely neutral in viewpoint, and anyone can write one. Good points rehashed in it, as has been repeatedly done with different titles.
MSLP
I wouldn't waste your time with it. Everyone has an agenda, regardless of how obvious of a non-issue this topic redundancy is. Just had my illegal creatine nitrate earlier this evening. It was delicious, but I hope the feds don't come busting down my door. I'm still amazed MP's physicians aren't aware of this issue:). I do miss the quiet we had.
MSLP
Couldn't have said it better. Past necessary/expected dilution and share structure are non-issues IMO as well. It's the 2 tick flippers that kill the runs every time for pocket change. We just need to keep ensuring the flippers continue selling into strong investor hands who understand where this company and stock is heading...and trips are not on the itinerary.
FITX
So you haven't bought and actively use many of their supplements from the biggest sites such as bodybuilding.com, like many of us do? You haven't read their reviews either? Maybe you should try that, and you'll also give yourself some true insight at the same time. We have 2 mega business sectors for the price of one under the same FITX umbrella: sports nutrition and medical marijuana. There is no similar company comparison even close to what FITX represents. You really need to do yourself justice and do more DD on what is developing here.
FITX
Haha, we posted that at exactly the same second of time :)...
FITX
There is nothing profound by her screaming dilution. That's like saying the sky is blue. It's a given and should be predicted and expected by everyone. It's a penny stock in development and growth phase. Dilution should be fully expected and should not be a surprise when share structures get updated. I always assume that's the case. When updated share structures don't show dilution, great, that's a bonus. All I care about for my long term investment is that strategic moves and growth continue to be built with that capital raised through dilution. That's clearly evident here. Actually, I'm surprised they have built and made the progress they have without the need for more dilution then they have up to this point...
FITX
Nice highly unexpected green close to the day prior to Thanksgiving, but I'll take it!
FITX
Haven't lost a penny yet. Actually, made a large profit from when I had liquidated my shares in my TradeKing account when I started using Fidelity. Since I was moving brokerages, that's the only reason I sold those shares awhile back. However, haven't sold a share in my Fidelity account and don't plan to, despite having millions averaged in deep subpenny, much lower than we are now. Bought a boatload also when we were at .001, so in great shape. I could sell for a nice profit even now, but no interest in doing so...
FITX
I expect dilution to occur in any penny stock. I accept it as a necessary evil during development and growth phases in a company. As long as the company continues showing strong forward progress and growth, which is very tangible here, I know that it is being done strategically and correctly to ultimately increase shareholder value in the end. Dilution will end when revenues begin to roll in and will then offset and stop it's necessity. Until then, it is what it is, and I accept the need for it. Traders and short term traders hate it for obvious reasons. As a long term investor, my outlook is many years down the road, so what happens in the interval in terms of pops, drops, and dilution, doesn't land on my radar, although fun to watch the ups and downs at times...while taking advantage of premature sellers such as seen in a typical day like today.
FITX
Fidelity is the best IMO. Flat $7.95 trades regardless of number of shares bought or sold, with no commission charges. You can buy all the subpenny stocks you want, including FITX. Anyone selling any subpenny FITX is basically giving them away, so many of us are taking full advantage of those weak hands. The problem is that you probably won't be able to bring over most of your current OTC stocks, which is an issue with pretty much all brokerages as far as I have heard and experienced. I still have some older OTC's sitting in a TradeKing account from before I wised up and switched to Fidelity.
FITX