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This is very embarrassing for them. What poor management. I still think the company will be okay, but this is a sign that they need someone else to come in to run the business side of things.
I don't know why the SEC, which is headquartered in DC, would expect filings to be in the local time of the business...doesn't seem likely with the government.
From FB:
Some Guy: Where is your 10K? Pretty sure the deadline is today. Still on schedule?
MP: Yes. We have until 5:30 to file.
While I agree, I'm watching many companies filing theirs currently on Edgar. It's not closing time yet, but yikes. Get your business stuff in order, boys.
Dead here and on the market today, relative to unreasonable expectations. I hope an after hours release doesn't mean there's something in there they didn't want the market to have a knee-jerk reaction to.
This is why posters that pump constantly and draw in small time investors are immoral. State your case, backed up with facts, and people can at least make an informed decision. Promise someone a jump from 0.06 to 0.20 in 3 days because 'lol it will lol' and get people to jump in (while that's always their own choice) and you've done the world a disservice.
Responsible investing comes from responsible DD. MSLP will be higher than this in the future, I believe. They have a great product set, a loyal fan base, and I think that 2011 marked a turning point in both their sales and their marketing. But we're not talking about 2011 today. We're talking about 2010, and the market is reflecting that reality. Let's look to the future, and be realistic about our expectations or we're no better than either tuonap or modelsurch on Y!
GLTA, seriously. If you can, let's ride this out until actual good news hits.
Their last two 10-Ks have been late. They filed the late form and then released them 1-2 weeks later. I checked that on OTCBB when I was looking for the new filing.
Hopefully that's not the case here, but whatever. I believe that the more interesting numbers will be coming in May anyhow. This is all just still short term stuff.
I'm not even following my own darn rule.
I can't help but to reply and that's my personality flaw, so I'm just going to ignore you samy and let you have your bubblegum and unicorns. I'll post what I want and have an intelligent discourse about the good and bad parts of this company, of which there are things on both sides. Good luck to everyone else going into the ignore bin.
That's the date the numbers are due. Companies have been releasing these numbers for the past month. Deadline != Release Date, at least in a formal sense.
I understand that things can be scheduled and I don't think this is an egregious error. It just demonstrates, to me, a lack of outside the box thinking. That's all. In business sometimes it pays to play it safe and that's what they did. Not a bad thing, but what else would you like to talk about today?
We're green, that's good!
You have no idea how this market works. Strike when the iron is hot. The news will hit well, but it could have hit better. That's all I'm saying. Get a life and learn how business works.
Assume I'm never talking to you when I post, since we obviously have a difference of opinion on how these boards should be utilized. I put good and bad things up, and you want it to be jelly beans and rainbows all time. I can see how that would be nice, but at the end of the day, that is useless to discourse. I think MSLP will make money which is why I don't just "sell your shares lol'. I just think that the business ends of things are in a growth period just like the product and revenue. Not a terrible thing, just something to talk about between PRs.
All that excitement, that volume, that interest...squandered. What difference does a few days make for releasing the numbers when it means they could have capitalized on people actually paying attention for the first time in a few weeks. Rabble. This is bad business with a good product right now. With almost certainly good numbers (Q12011) coming soon (May), dragging their feet here is damaging to any sort of momentum.
Rabble rabble rabble. Just grumbly today.
Not that you can put too much stock into things like that but the big sale went off at the bid, not the ask. So it's not as clear of a dump as a buy, though admittedly a transaction does require a buyer and a seller, and someone let an awful lot go there.
Wow, they're really going to make us wait until Wednesday or Thursday, aren't they?
Big week for the investors of MSLP. Let's see if we can carry any of that momentum from Friday over into this week and have a nice like run-up to the numbers.
MUSCLE PHARMS pays to have their product on the shelves at GNC's store
Hopefully they pay less to have it on the shelves than they get back in return. A beautiful example of why we need to see the full financials and not just the sales numbers.
It's good that the product is moving, and we've heard that from a few GNC employees (assuming everyone is being honest). While I think Q4 will have lots of positive things, I think Q1 will be much more impressive than Q4 and I hope people have the patience and forethought to react with that in mind.
"Don't assume, or you make an ass of you and me" would be the phrase you're grasping for.
If GNC wanted to buy out MSLP that'd be fantastic. There's been positive response to the product so far, at least given the PRs, and I think that MSLP products would fit well on their shelves as a permanent fixture.
The fourth quarter sales numbers will be good, and the first quarter sales numbers should be better. Remember, it's money out for money in. There's more to the filing than sales.
For any of the months in the upcoming 10K (October-December 2010) they never gave any indication of breaking the $1m mark. Doesn't mean they didn't but it's unlikely since they specifically mentioned it for January 2011. But in May when the 1Q2011 numbers (January-March) numbers come out...whoa nelly.
Nice shenanigans to end the day, but what a bullish ending! Great to see for a Friday. This thing might have legs to take it places.
With you on that 100% amigo. It's a very 'cool' company and the followers really believe in the product, and almost more importantly, the image.
I think their products live up to their claims (based on reviews) and that combined with a public image is a recipe for success. As long as they don't actively run this into the ground which I don't think they will, this is a very nice long-term play.
I don't know the supplement market (potential buyers) as well as I should, admittedly, but I'm right with you that a clean balance sheet could make this company a nice target for a buyout. Loyal customers, nice public image (sponsor major athletes, 'hip').
If I had a little extra cash, I'd have bought more when it dipped, but I'm all in already at slightly higher prices. But worried for the long term I am not.
It's exciting times to watch MSLP. Their short-term livelihood really hangs in the balance of the release of financials, but I think their long term success may be a very low-risk (relatively) play.
Happy to be here and happy to see that we can make some bank on this if we invest wisely.
Can I tell you, that's one really nice thing about MSLP. Unlike a lot of low money stocks, MSLP has a product you can see in brick-and-mortar stores and sponsors athletes that people actually know about. There's no wondering about things coming to market. Refreshing.
Nice movement this morning! Keep it moving!
/I'm done responding to those wearing rose-colored glasses. GLTA, I hope we all make money here.
And that's your way of approaching investing. I like to have a firm understanding of where my money is going when I'm buying shares in a company. Is my money purchasing a percentage of the company, the profits it makes, ultimately giving me a return? Or rather, is it purchasing an imaginary set of shares created in a deal with a funding agency that could, in the future, be produced again even further diluting what I have.
I don't know how this point keeps getting lost but I LIKE MSLP. Well rounded discussions are infinitely more productive in the short and long term on these boards than turning a blind eye to things. If you run a board where everyone eats MSLP's jelly beans and craps rainbows, then what you've created is a trap for other investors and yourself where the truth is being truncated.
MSLP will be higher than 0.06. Soon. I'm not going to participate in these flagrant pumps like on Y! where people say ".20 next week" and "0.06 approaching 0.30". That's irresponsible. Without seeing financials, I'm not even recommending MSLP to my friends yet. I don't sell my friends tickets to a cruise before I've checked the ship for holes. I'm betting the holes are a minimum. Have to wait to find out because another week has gone by with no numbers.
Patience is a virtue in investing but turning a blind eye to problems is not. I don't think MSLP has made any collosal mistakes, I just worry that they might not know what it takes to keep a publicly financed company afloat, even if they make a kickass product with great marketing.
/Bullish on MSLP, so STOP FARKING PESTERING ME.
GLTA
Where in the world did I say that? I said their marketing was good and that their fan base was growing. I'm extremely pro this kind of marketing. They're out there for sure. Of course new companies don't bust out of the gate in the black.
jazz710: I think the marketing has been really successful and customer reviews seem great.
Their mistakes (only in my opinion) stem more from the way they handled their need for cash, which nearly all up-and-comers need. Their quick-to-dilution mindset (not uncommon) is not exactly confidence inspiring. Entrepreneurs can raise money through lots of ways, and this avenue is a slippery slope.
While your accusations are baseless, let me reiterate that I'm quite excited for MSLP and I think they're a legitimate company with a quality product, a loyal fanbase, and potential. But if you think that they couldn't deal with a class or two on business protocol and etiquette, you've not been around the sub-dollar stocks long enough.
You realize that no CEO or President is infallible, right? It's okay to question things. If every CEO was perfect, companies wouldn't go under every day.
You have to look at both sides of every coin, and right now nobody can say too much either way about the business side of things until we see some numbers. I think the marketing has been really successful and customer reviews seem great. At the end of the day though, it's about financing. If you don't have questions about the way this company has handled its money, then you're being naive.
You can be bullish on a stock without being gullible and easily offended. I'm excited about MSLP and I hope (not know) that it will do good things for us. But if you don't read the financials and see that there are potential pitfalls, your risk of losing money is greater than mine. That's your own individual choice.
MSLP will do what MSLP will do. The management does not care about what we want on a day to day business. They're trying to run a business and they're not businessmen by trade. Sometimes it works, sometimes it doesn't. That's why we're sub $1 and not the other way around.
It's all high-risk, but people like modesurch Y! and others that pump without substance are knowingly and immorally suckering saps into this stock that haven't done their own DD. It's dangerous and it's part of the reason I don't do this for fun. There's not a lot of fun to be had when money is involved.
This MB should be about discussing the stock for what it really is, good and bad. Good news can be celebrated, but poor business decisions should be discussed for the sake of those interested in knowing the full picture.
Be careful everyone, and GLTA.
Look at that volume! Wow, she's showing signs of life and holding $0.06!
Wow...
Be conservative and don't get greedy unless you've got nothing to lose.
Added:
hahahaha
http://holeinonestocks.net/v7a/index.php?code=FARK.YOU
I'm with you on that one!
Unfortunately (yet predictably) the Y! board is starting to get their pumpers back claiming $0.20-$0.30 by 3/31 and things like that. There's one born every minute...
Nice volume, obviously a nice PPS. So far so good today. It's nice to see a little bit of interest in here. A PR with some meat on it might do some work, but I'd rather they keep quiet if there's nothing too new to report.
PS. $0.06!
Ha, Vanguard is showing the ask at $0.175. Yes please!
Breaking 0.052 is nice to see!
Not as much as UFC fighters will. I'd take Jon Jones over all the bikini models in the world. I really don't think the models help move product,otherwise car shows would be the most profitable enterprise in the country.
I like that they're getting the name out and I bet they don't have to give up too much to sponsor them so good on them, but I'm also glad they don't PR it because it's truly non-news.
Bikini models don't pay the bills! Though it'd be nice if they did.
That's about $70,000 that moved around today. Not a bad day, I'm excited to see what comes out when the numbers are released. I'd love to see a nice PR to go with it and see the dogs come a'runnin'. That is of course assuming everything is honky dory with the numbers.
Maybe soon we can be back in the teens?
GLTA
You understand though that you buying 500k shares (while great for you) doesn't demonstrate investor interest. It demonstrates your interest. I'm glad you're able to load up down here, and I hope you and everyone makes money, but the fact of the matter is the market is currently skeptical on MSLP. Of course the people that post on MBs (excluding some) would be bullish and buying. But if it's only you buying, then it doesn't make the stock a commodity.
I hope you and everyone here makes boatloads of cash, but I know that financials are going to be the only thing to bring in new money, less from individual investors and more from institutions.
GLTA
Absolutely true. I hope the numbers help because they're certainly the most important thing to the market right now, as evidenced by the complete lack of interest.
Sales for October-December should be great, and hopefully the knowledge (taking their word for it) that January was a 1m month should help as well.
We're all aware that the real killer here is marketing cost (necessary evil, and they're doing it well) and dilution. I think that things will look rosier than they do grey, but the longer they wait, the more the interest wanes.
Ugh. Really would have liked to see a 9AM PR with financials. Open the week strong MSLP! Don't give people a reason to sell, or more realistically, no reason to hold.
Sometimes in the business world 1Q2011 is October-December 2010. It's company to company. I don't know how MSLP reports, but we're talking about the same thing (EOY 2010). Not expecting any numbers from January, since they're not due until May.
Vanguard shows 0.048
1Q2011 is October-December 2010...those are the number's we're waiting for, right?
Looks like they're going to make us sweat it out until the last second to get the first quarter numbers. I would have like to see them today after hours so people could look them over this weekend, but that's not too common. Hoping to see some nice in the black figures.
Y! board is getting back into full pump mode, so maybe they'll be some new money coming in soon. GLTA