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Then why even bring up the fact? Why not just call the manufacturer and insist that they use a particular ingredient or lose the contract.
I think you may be missing the point of what I'm saying. The answer to your question is one of my posts.
--MSLP may become successful but at the rate of dilution, the winners will be the few big money investors. They just gave away 50% of the company.
Do you like Beef Stroganoff?
It means financially, compared to his other business interests and charity, his investment in MSLP is pocket change.
Okay, so by that logic MSLP buys the raw ingredient and ships it to the manufacturer's facility? That may improve quality but not COGS.
LMAO. You know I love guys here.
Just bringing out the DD. Make your own decision.
Time is the most important asset for a person like Mr. Frost, especially one of his age. The point I was trying to make is this that MSLP really isn't on the top of his priority list. If I had to guess:
--family
--philanthropy ($1.3 billion)
--Opko Health ($2.3 market cap.)
.
.
.
--MSLP somewhere down the list.
Yes, I will continue trading MSLP. I think I have a good idea of the events that precipitates the company before a rally. I've been correct the last two rallies, we'll see about the next one. It'll be like clockwork if that's the case. Easy money.
"Perhaps the name of Warren Buffett is the only one that would reassure you in reference to an individual taking a position in MP."
I know you were being sarcastic but Warren Buffett would never consider touching MSLP. It is the kind of company he advises to stay away from as an investor, as a trader (which he is not) it's another story.
Some of Warren Buffett's investment criteria:
--Invest in people. Brad (bankruptcy), Cory (awesome abs and not much else), Bluher (no record of running a successful business, probably there to keep the 3 Amigos out of legal trouble). Lies, lies and more lies to raise funds the last four years in order to stay in business.
--Invest in the business. In the long-term the only way you can make money is to invest in companies that make money. MSLP: four years in business, four years of losses.
--Make sure management's goals are aligned with its shareholders. Lavish salaries, perks, compensations while the company has been bleeding. A four year record of dilution to destroy shareholder value. Management has been doing well, not the shareholders. Management is now in the process of giving away the company to a few big money investors.
Warren Buffett would CRY (tears literally streaming down his face) if he saw MSLP's financial statements for the last four years.
“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks." --Warren Buffett
GLTA.
John Bluher said he's bringing COGS down
In a recent conference call, Bluher said MSLP will reduce COGS by purchasing its own raw material. The Koolaid drinkers gulped that down, came back for seconds, and some even thirds. They couldn't get enough of the uhmmm, uhmmm Koolaid goodness.
Think through the process. MSLP doesn't manufacture its products. So, Bluher's statement implies that:
--MSLP has greater economy of scale than its manufacturers. Very unlikely.
--MSLP is about to open its own manufacturing facility.
--it's a string-along tactic.
MSLP has been built on OPM (other people's money). IMO, someday MSLP may become successful through several more rounds of dilution. At which point, there will be little left for most retail investors. The pps has to increase directly proportional to the dilution percentage just to break even. Ask those who got in at $0.02 or more pre-split how this math works.
Drink your DD, not management's Koolaid.
GLTA.
Dr.Frost's $12 million investment in MSLP is important to him
--In October 16, 2003, Dr. Frost donated $33 million to the School of Music at the University of Miami.
-- A 2010 U.S. Securities and Exchange Commission filing indicated that Frost donated around $8 million in Protalix shares to a charitable organization.
--On 26 March 2011 it was announced that Phillip Frost donated $35 million towards the construction of the new Miami Science Museum building at Bicentennial Park.
--Dr. Frost, 76, net worth $2.6 billion, has pledged to give away 50% ($1.3 BILLION) of his wealth through the Bill & Melinda Gates Foundation upon his death. "Dr. Frost is not known for frivolous spending, having already dedicated half of his estate to charity alongside Bill and Melinda Gates..." , The Curious Investment of a Billionaire Pharmaceutical Magnate in Pershing County, Nevada
Anyone think making a few million really matters to Dr. Frost at this point in his life? Has he ever made any public announcement about MSLP? Maybe his advisers made the decision for him?
Musclepharm will get uplisted to the NASDAQ in the summer
...companies must meet all of the criteria under at least one of the following standards.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
Could it be another string-along tactic?
http://www.investopedia.com/ask/answers/121.asp
That sounds like a plan!
LMAO. English --> Swedish. Lost in translation. A noun of a proper name does not need to be pluralized but a noun denoting many items does.
The structure of language is different. It's all good.
I'm relatively new to this, thus my prokopton (student) moniker. During the last run from $.37 to $.71, there was one news release if I remember correctly and volume was near or over the average volume for 8 days. I got out at the first sign of weakness and got lucky. Beginner's luck.
So, take the promo out, why still the low volume?
Did the company stop dumping shares?
???
Your 8 year old daughter or my plan for Swedish girls to go on a SIAF World Promo Tour is looking good right now.
I'm completely baffled. If there's an ongoing promo and the volume has been significantly lower than the average volume, what could it mean?
It doesn't compute.
LMAO.
Yes, huge oil discovery.
Look at the 1 year chart, the news releases and the amount of money it raised.
Although I agree with everything you wrote, it would be nearly impossible to find them culpable in a court of law or SEC investigation, even though the final intent was obvious to many. They knew EXACTLY what they were doing to draw in investors.
John Bluher, COO of Musclepharm
FORMER SENIOR COUNSEL FOR THE DIVISION OF ENFORCEMENT, SECURITIES AND EXCHANGE COMMISSION
I've looked at the 10K and MSLP has been in the business of selling shares.
2011: $32,184,756 worth of shares
2012: $54,817,341 worth of shares
2013: 3 months in and they've already sold $18 million that we know of. If this trend continues, they're on pace to raise $72 million this year.
I know, know. it's going to be different next quarter. Trust me.
Yes. To the best of my knowledge, a pink sheet or OTC stock can dump shares on the market market any time to raise money without announcing it in advance. However, if it's SEC compliant it has to include the total dollar value it raised in the following lines in its 10Q or 10K on its balance sheet:
Paid in capital...
Additional paid in capital...
Look at MSLP as an example. In their recent 10K they filed:
Additional paid in capital...$54,817,341
The amount that they had publicly announced to raise throughout 2012 was no where near $54.8 million.
However, I don't think DROP has been diluting behind our back so far.
You beat me to it. LOL.
So what I've been able to gather so far since $.18 is that:
Support 1 for DROP is at A. It may or may not hold here.
Support level 2 is B. If may or may not hold here either.
The next support level is C, if the previous support level doesn't hold.
If we cross the X MACD, we'll go down if there's selling pressure but will go up with good news, or may go down with bad news.
Then include some charts and if I were a newbie I would think that there were profound implications behind those array of colorful dots and lines.
When a theory is in popular use, it breaks down and becomes less effective.
Essentially all those esoteric theories are saying, "At any given time, the stock may go up or down."
$DROP
MSLP is on my watchlist. Will enter again when the price is right.
They needed $20 million for working capital, got the $12 million the first round, and only asked for $6 million the second round. If that's any indication, their working capital deficit may have been reduced.
At this time, I wouldn't hinge everything on Mr. Frost's involvement. He only has a high success rate when he has direct involvement in the companies he invests in.
"Yes it is."
Yes. I want to cook you some Bruschetta with sprinkles of Assault powder on top.
Perhaps some Baccalà and some finely ground fresh Basil from the garden mixed with Combat dust?
Wash down some Aminio1 with red or white wine.
If things go right we may need some of that Fight Stack, and perhaps the MuscleGel in the morning?
I don't like to become a Koolaid drinker no matter how big the potential. SIAF's pps has no long term potential in the U.S. unless the sector drastically improves. Let's do a quick comparison between SIAF and LIWA.
SIAF: OTC stock, Chinese RTO. U.S. perception of Chinese RTOs?
LIWA: NASDAQ, Chinese RTO, 2 independent parties have verified that its operations are legit, extremely profitable, no dilution. Trading between PE of 2-3.
At this point, U.S. investors are completely tuned out to Chinese RTOs. Most don't want to touch the sector.
The end game for me is the FN listing and hope Jordan Fund does to SIAF what it did with Africa Oil.
LOL.
The old MSLP gang. Still my favourite board because of the moderators. They're not as strict as the others.
"Can someone with an accounting background give me an explanation of the three line(sales-discounts=net sales) reporting of sales."
I have an accounting background but won't bother with the specific
numbers since I'm no longer a shareholder.
In layman's term, it means, "This is crazy Brad's warehouse! Our prices are insanely insane. Our discounts are so steep, even our competitors can't match them! We make 'em for $1.20 and sell them for $1.00! You think our discounts are crazy? Check out our accounting methods! We hide 'em and hope they can't see 'em!"
We're not down! We're not down!
Get you party hats on! The confetti out! The party whistles blowing!
We're not down!
Yippeeee!
Either Xtremepicks is clueless as to what it's doing or it had halted the campaign pending the release of final 2012 statements.
"man... one ceo... so many shells... so many shared addresses..."
We know you lost your shirt on ICTY because you didn't bother to take 10 minutes to read the SEC filings. Now, you're making the same mistake by not taking the time to do DD before making outright false claims.
Founders Mining & Minerals PLC
Chief Executive Officer: Lars Erik Dahlberg
Equinti, Aspect House,
Spencer Road,
West Sussex, BN99 6DA
United Kingdom
http://www.bloomberg.com/quote/FMMP:G4/profile
---------------------------------------------------------
Ghana Gold Corp.
Chief Executive Officer: Elaine Affleck
USA:
595 Stewart Avenue
Garden City, NY. 11590
United States
Ghana:
P.O. Box 292
Offinsu Agyepra,
Ashanti Region, Ghana
Toll-Free Telephone Number 866-340-3095
http://www.ghanagoldcorporation.com/
So you're saying you see a Ferrari FF in my future? That'd be like winning the lottery at this point.
The merger would give them two gold producing properties and swath of land in the Ashanti Belt.
Not holding my breath with stinky pinkies.
To get an idea of what people are getting into when they buy pink sheet stocks...They call it stinky pinkies for a reason.
"Companies listed on the Pink Sheets are difficult to analyze because it is tough to obtain accurate information about them. The companies on the Pink Sheets are usually penny stocks and are often targets of price manipulation. They should only be purchased with extreme caution."
"...Pink Sheets, LLC is very careful to describe itself as a quotation service and not an actually stock exchange. They do not qualify brokers, and impose no regulatory requirements whatsoever on companies whose stock they quote. All that is required for a stock - virtually any stock - to get its quotations included on the Pink Sheets is contact information for the company and a broker willing to make a market in the stock. It is a canonical example of a caveat emptor marketplace."
SEC filings are voluntary.
http://www.wisegeek.com/what-are-the-pink-sheets.htm
http://www.investopedia.com/ask/answers/201.asp
Top tier listed issues, yes. With stinky pinkies, anything goes, especially with the market makers.
People should do their own DD because this is a stinky pinkie stock, despite its potential.
My my feeling is that the next run will be the real thing for quite some time.
Only my opinion. Always do your own DD.
I got good Karma. Last night I wrote that ideally it would hit $.12 for me to accumulate. It did.
My Zen is still good so far.
$DROP
E-z money, Shore.
Too risky to trade it now.
You're welcome, Rookie. I learned a lot since joining these boards. I'm only passing on what I've learned from other people.
$DROP
I don't have the answer to everything but if you go back to what UHD posted, it will give you a good idea of what's going on.
I'm DROP-all-in and not a bit worried.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86304902
It's stinky pinkie land so the stock is easier to manipulate.
Going by your numbers and we assume others are right about the short positions.
Long position only:
$.17 --> $.28 = 65% gain.
Short position and long position:
$.17 --> $.115 short = 29%
$.115 --> $.28 long = 143%
------------------------------------------------
--65% gain long position only.
-- 172% (143 + 29) gain on long and short position.
If that's the case, that's good coin playing both sides. That's why I call pink sheet issues stinky pinkies.
I think you may be right. I could have created this volume by spamming 50 message boards with,
SIAF GOING TO THE MOON! MERGING WITH ADM! CARGILL BUYING IT OUT SOON! GET IN BEFORE IT'S TOO LATE!