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Okay thank you, thats good news if it happens. Do you happen to have the email address you wrote to (or a name of a person) wouldnt mind emailing them myself.
Yeah this is about the only PR i have seen in respect to MSLP/Walmart.
The title "Musclepharm to Launch MMA ELITE Supplement in Walmart" is misleading because it later on goes to say that they will "target" Walmart, Sams Club, Costco etc etc.
Ive never seen or heard of a deal being completed. Hopefully Oldengray has some factual information he can share. Its positive if indeed they will be in Walmart in January though.
MMA told you that MMA/Musclepharm co-branded lines will be in Walmart stores in January?
EDIT: okay to get off of any ambiguity here...did MMA tell you that they have a signed deal with Walmart that will mean products will be on Walmart shelves in January? Products which MSLP has some involvement with. Not necesarily co-branded. Because I have never seen anything released by MMA stating they have a signed deal with Walmart. I could have missed it though, do you have a link?
I also come from the "big boards" and options before I took an interest in OTC stocks and found Musclepharm. I applied fundamental calculations and analysis to MSLP just as I would if i was going to go long or short on Alcoa or Exxon Mobil. Obviously that was a mistake as I realise that MSLP can get away with a heck of a lot more than Exxon management can. They can indeed do anything they want and are answerable to nobody.
My opinion is that people entering at these levels run a very high risk of losing money because of relentless dilution and IMO an effort by management to gain a bigger percentage ownership of the company for themselves through dilutive means.
I hope Odessa is right though, i still have $650 in this stock that would be nice to be able to sell sometime.
see its posts like this that make it difficult to not rehash the same negatives :S
Musclepharm exposure is good thing for Musclepharm Corp. Might even help with increased sales...again good for Musclepharm Corp. So in that respect the post was informative.
But to say that this means that the PPS will rise because of it is just ignoring the facts about the management and what they are doing to the stock.
You guys realise there is no deal signed with Walmart dont you? They are simple "targeting" them amongst other retailers.
:( tell them its relevent to the stock! Or change the pic to Rampage Jackson haha wont be as pretty to look at though!
They will answer generic stock questions that dont ask anything significant. They wont answer real questions that require real answers.
If you ask them anything involving numbers or even what time period their bonuses are based on they wont answer.
They control the stock price to the extent that if they are more open to shareholders and stop doing stupid things with the share structure they can help support a strong PPS.
Thats not necessarily in their interests though IMO.
Thanks Neuronal I have enjoyed reading your posts since you joined the MSLP board too. Shame your post got deleted, no reason why it should have. oh well.
I think the reason why I, and perhaps some others, find it hard to not keep reposting the negatives about this company is that every day we see people posting the same old positives. Its difficult to keep quiet when someone says something like "huge sales increases will mean huge PPS" when there is strong evidence that it wont.
As I have said...oh about a hundred times before :P ... i agree that Musclepharm has done very well in many different things and the company will be very successful. And it does indeed have a ridiculously low market cap. But there are reasons for that low market cap and its those reasons why i cant blindly agree with "Strong Company = Strong Stock". My view is unfortunately it will end up as "Strong Company = Weak Stock" which is kind of what we are seeing now.
I also was positive when Bluher was brought in, thought yes perhaps he will get things in check....but he was around when the new dilutive bonuses were announced and I feel he may just have been brought in to advise the guys on what they can get away with and what they cant. One opinion could be that the bonuses paid in shares might have been Bluher saying "okay i know you want shares...but dont just give it to yourselves out of nowhere. Pass it off as a bonus". Thats just one opinion though, i dont have evidence to support that.
Great, I will keep my eyes open for informative information and pass on to you things you might want to sticky. These boards are really opinion boards though, and not everyone has the experience to understand all the reports. Even myself, I was helped by oldengray...one of the longs here... to understand some of the wording in the Southridge deal. I think some balanced commentry on links to financials isnt a bad thing.
Good luck :D
Thanks Odessa. I like Google Finance too.
I assume you are showing this information (good analysis and calculations by the way) to show that MSLP is undervalued and ready to rise.
But another way to see it is that there are good reasons why this stock has such a low PPS that metrics wont take into account. One reason being dilution but another reason, and IMO more important, is that potential shareholders dont trust the management.
Management has been sneaky in the past, for example when they gave themselves complete voting control as detailed here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69134385 and I can assure you I am not the only one who believes that the plan with these new bonuses and such is to ensure that management owns the vast majority of this company in the end when it does become profitable or becomes a takeover target.
No decent management team would dilute the company 40% to give themselves bonuses. I dont even mind that the bonuses stretch into millions of dollars, its the fact that they want it to be dilutive that gets me. They dont want the cash, they want the shares. If they wanted the cash they could have the bonus structure in place but have a clause saying "upon profitability these bonuses will be paid out in cash". I would much prefer that.
But they dont want the cash. They want ownership of MSLP stock.
The shareholders have funded this company from the ground up and have been sustaining it through its unprofitability. Now the time is potentially nearing where profit becomes a possibility and management doesnt want to share that.
So i dont think dilution will stop at 750 mil. or even 5 times that. Or even a reverse split. We have all seen the 300-to-1 reverse splits and how they pan out. Anyway, I think dilution will take us all the way down to double or triple zero because firstly they still need to dilute to finance their current losses. But in the bigger picture they want to dilute to themselves so they get the spoils at the end of it. All just my evidence-based opinion also.
Aw thanks jwblue :D haha well the one thing we can agree on is that Musclepharm did a good job with Natalia Muntean...hell yeah! :P
Just like i posted to Neuronal I for one do feel the need to bring to light these things regarding the bonuses and such. Its not because its a big bonus that gets me... its because I can see what management is doing and they are setting in motion things that will give them a bigger and bigger percentage ownership of this company at the expense of shareholders. I truly believe at the end of this they will be left owning almost the whole lot along with a few very diluted shareholders.
What first brought me back this board some weeks back was this post by whatever77 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68910098
He truly seemed to think that dilution was not occuring. And I wanted to show him that it was. So that he could understand the full picture. Im not telling anyone to buy or sell, just want everyone to know the full story. And every day new eyes come to this board, so just as the positives need to be re-iterated every now and again so do the negatives.
What would be ideal is a well thought out post by one of the mods with all the bits of information from the last month or so with links all in one DD post.
DD saying look...here we have a great company with big sales, good brand, increasing revenue all the time. And heres the links to show this. But also realise that they dilute, give themselves big bonuses, dont answer shareholders, Have questionable share structure .. ahd heres the thinks to show this. thats what people need.
I think youre wrong to say people must have ulcers, irritable bowel etc etc just because they post things that might be considered negative. The same could be said for those that only post the wonderous "huge revenue and sales growth" posts.
I for one am grateful for both sides of the debate.
The reason we need to post the same rehashed negatives is because every day others post the same rehashed positives "revenue revenue revenue".
When i invested in this stock i saw the huge potential and growth. I also thought that YES this is it with this growth they cant fail. But what i didnt realize back then was managements selfishness and that they didnt want me to have the 0.2% owndership of their company that my money bought. They wanted me to buy 0.2% of the company and have that diluted down to .002% while their ownership of the company will increase from 10% to 50% and beyond by means of bonus shares. I wish someone at the time had been around to show me the things that these guys are doing with the share structure.
I have seen a couple people on this board recently say "if youre negative sell and go away" or "why post on a board whos stock you dont like"? Well the same can be said for the true longs. If they really are happy to wait 2 years and know that their investment is in the best place then they have no reason to be posting here also.
Of course none of us know for sure what is going on at Musclepharm becase the guys there are unwilling to tell us anything. I have NEVER come across a publicly traded companies management team who is so completely uninterested in shareholders. Its not a good thing to say "we dont know whats going on at Musclepharm" because as part owners of the company we should. We do know for sure that they are increasing their ownership of the company for free while all us shareholders take a hit. And no...they DONT deserve to do that.
hey! it wasnt a nice post he was mean to me :P
Sorry the whining is getting you down. I like posters such as yourself and Odessa who are bullish on the stock but can also see the negatives and have a proper analysis and debate about it. I hope you can see and appreciate the bearish ones who are just seeking or providing information
Sure there are bashers on every board, and pumpers too. But there are also lots that just want truthful, decent information on a stock.
Its a shame some people dont want people who disagree with them to post on the board at all. Not you..youre cool. Nice avatar by the way :D
Calm down drive929 its just a friendly debate :)
In answer to your questions I sold 90% of my holding a few months ago for a 50% loss. Im happy to take a loss if I have to. I kept 10% holding because i thought that at some point the company may act responsibly with regards to financing and the stock may go up. The hiring of John Bluher bolstered that hope for me. Indeed the stock went up a bit and I even wondered if I made a mistake to sell. Unfortunately since his arrival its been the same old thing and it was under his COO'ship that Brad & Cory's new bonuses were reported. So that hope has faded.
As it stands my holding is worth about $650 and because my broker deems it DTC non-eligible it will cost me anywhere between $350 and $700 to sell. I wont know the fees until after the sale. So I wont be selling under those conditions.
I dont "assume" anything all of my posts have either been factual with links to reports that everyone can read for themselves or they have been follow ons to those posts. Where i have had questions I have sent them to Musclepharm and opened them up to the board but nobody answers specific questions with specific answers.
I also commend Musclepharm on their growth, and they have achieved a lot. I think the car wasnt the wisest use of cash but hey...its advertising and they have marketed the product well. Kudos on that Musclepharm.But it is clear from the managements actions in not replying to shareholders questions, giving themselves complete voting power, and giving themselves huge dilutive bonuses, that they are not concerned with common shareholders. And this is hurting the stock. Its unfair to dilute your company by 40% to give three guys bonuses when you have shareholders who paid good money to own a portion of your company.
I have said all along...Musclepharm Corp will do well. There is no argument from me there. I just strongly feel from all the evidence, and managements continued actions, that the current round of shareholders has no chance of sharing in that profit.
I have never worked for a startup company but I'm sure its not easy. I dont know how much the coverage they got from Rampage would be worth if they paid for a spot on TV. I do know I wouldnt dilute out my loyal shareholders to give myself multi-million dollar bonuses when my company was losing money though.
As per your quote
agree with Codie. Agree with Wecap. Agree with dnizzle!
MM's working to keep this down?
Odessa i cant believe that is coming from you. You have shown very good analytical examples and I respected your arguments always even when i didnt agree with them.
You cant seriously think there is MM manipulation going on here?
wether its a buy on the ask or a sell on the bid the outcome is the same. Someone buys and someone sells. I would be happier with a sell at 2 cents rather than a buy at 1 cent. The reason there are buys at these levels is because there are people putting low prices on the ask because they want out.
Thats the reason we are down 9.8% because people have lowered their ask because they know if they dont sell low they will not be able to sell at all.
There are at least two people on this board today and yesterday who have said they are selling. Its likely just them affecting this weak stock.
I see, thanks Odessa. fair enough, it does indeed show that.
I think its fair to say that if that question had been about anything specific it would have been removed though.
Yeah when John Bluher was hired I actually was given a little bit of hope and thought things might change...you may recall a discussion I had with you some time back that if he reigns in the guys that my view of the stock changes completely.
But then the nonsense of huge bonuses and non-clarification of those bonuses comes in while Bluher is there and that hope faded.
hard to tell your bosses "no huge bonus for you" if they really want one.
I agree. Musclepharm Corp. will do well. Management will do well. Shareholders will almost certainly do very, very badly.
The writer is either wrong or is trying to mislead. It was the change in value of derivatives that led to the gain. "A" driver i suppose at least is better than a blatant lie of saying it was "the" driver though.
didnt you buy in here at 3 to 4 cents? how can you be happy that it fell to sub penny?
thank you for the screenshots. Could I just ask what your point of posting them is? Im not trying to be clever, just wanted to know if you are arguing that they do respond to stockholders questions or????
perhaps since he replied to you you could ask him what address you need to write to to get a response to specific Investor Relations queries.
And maybe even ask about his bonus??
they are happy to answer generic questions with generic answers but when asked anything specific they just ignore.
LOL sorry odessa :D
Just to keep the board balanced, i will also repost my standard reply to this:
i dont think anyone would buy Musclepharm...a $20million revenue and big loss making company... for $50 mil.
But even if they did...it wouldnt be at 750mil OS im afraid. At the moment Brad & Cory only own circa 10% of the common stock (i dont have the patience to get the exact number right now but its about 10%). You can be sure that if a buyout offer even came they would make sure that before its accepted that they dilute this to the point where they own a far greater percentage.
And so I truly believe the OS would be in the billions by then. And even in the scenario of a buyout...that shareholders have been dreaming of for 2 years.... the common shareholders will still lose out.
That of course is also all just my opinion.
oh well, at least you can be thankful you got out 80%... hope the cash from the sale went on to recoup your losses elsewhere
:S why didnt you sell? It was tough for me to sell 90% of my investment at a 50% loss. but thats better than the 92% loss my current remaining holding is sitting at.
but hey-ho only a 1233% increase from here and i am even on my small holding yay!
its not cr*p that we are talking. Indeed most of us who have posted "negative" things about this stock have followed it up with links, facts, and meaningful debate.
theres no need for anybody to try and get people to sell....the company will sell more and more stock at lower & lower prices at a level that nobody here can compete with.
Plenty of shares for anyone that wants.
nothing too much going on.... MSLP has alienated shareholders and potential shareholders.
Thats why there is no bid support and $20k worth of sells has tanked this stock another 50%.
just think when they need to pay the rent next and need to dilute the next $100k. and the next. And the next $5million to pay bonuses :(
sorry guys but its the truth :(
sadly not, he appears to like what the guys at Musclepharm are doing :S oh well
Dividends & buybacks?
Are you looking at the same stock as the rest of us? Theyre diluting this into the ground, the exact opposite of what you are suggesting.
lol thanks! i think there are a few people on this board who are in the "banned from MSLP Facebook for asking simple questions" club :D
i dont use twitter, but either way they do get my emails. Cory has blocked me and i guess Brad & info@ just delete the emails. They also blocked me from facebook. oh well!
No the questions arent answered in the reports. If they were then we wouldnt be asking them.
If they are answered anywhere that i have missed then please answer me these 3 simple questions:
1 - at what period of time is Brad & Cory's bonus based on? Is it 2010v2011? or 2011 v 2012?
2 - Are they getting $10k cash for each extra $1mil revenue the company earns plus a $100k worth of shares total? or will they get $100k worth of shares for every $1mil extra the company earns?
3 - Can Musclepharm exercise its put option with Southridge at any time, or are there clauses?
answer me those and I will be happy :)
Having talked about a balanced board...you admin's and mod's ... Riverdog, Cowboy200009, Neuronal should take a new look at your stickied posts and make sure its more balanced.
There are some very very good posts from the last few weeks that explain a lot about the stock in great detail that are of far more value than "Musclepharm targets Walmart".
Please think about putting relevant stickies from the positive and negative sides up there.
The purpose of these boards is supposed to be so we can all discuss facts, bring knowledge together, work together to get truthful and full information on companies we are interested in.
That's why I'm grateful for any comments, positive or negative, as long as its factual and provides reasonable insight and (where necessary) proof of fact is provided.
Believe it or not there are a few people out here who once they get involved in a stock, even after they have sold, still want the truth to remain. I dont want some poor guy puting $1000 into a stock because everyone is telling him wow look at this company 300% revenue increase ka-ching $$$$$$ blah blah blah when there is very strong evidence that the shareholders who buy in at these levels are destined to lose their money.
So a balanced board is necessary...yes the company has grown market share, brand awareness and revenue. But they have diluted this into the ground, they ignore shareholders, and they are giving themselves new bonuses that effectively will give them huge percentage ownership of the company while leaving common shareholders with little to nothing. They arent just diluting to fund the company, they are diluting so that they themselves will take the spoils when musclepharm is successful, even though it has all been funded by shareholders.
People need to know the facts.
Thats why some of us dont just "move on"
thats disgusting :(
HI Shaumus,
if you have never had a problem with them replying would you be willing to send something along these lines to them...because I have tried 12 times already and made 4 phone calls and nobody gets back to me.
hi again Odessa :)
i dont think anyone would buy Musclepharm...a $20million revenue loss making company... for $50 mil.
But even if they did...it wouldnt be at 750mil OS im afraid. At the moment Brad & Cory only own circa 10% of the common stock (i dont have the patience to get the exact number right now but its about 10%). You can be sure that if a buyout offer even came they would make sure that before its accepted that they dilute this to the point where they own a far greater percentage.
And so I truly believe the OS would be in the billions by then. And even in the scenario of a buyout...that shareholders have been dreaming of for 2 years.... the common shareholders will still lose out.
That of course is also all just my opinion.
nice work :)
I hope you stop buying more shares at this time for your own sake blue, i like you and dont wanna see you lose more on this stock.
But you give good advice on not risking money that you cant afford to lose and I hope you are doing well on your other stocks.
It just seems 100% certainty to me that they have to raise the AS hugely or do a huge reverse split. I dont see any way that unless there is an RS that they will keep this under the multi-billions AS.
Look at what $80k of dilution did today...tanked the stock 25%....and they need to dilute millions of dollars just to pay the bills. And that doesnt include their bonuses...im just talking running costs and debt.
Every single one of their financial actions is dilutive to the stock, and each time they dilute they are getting less and less money for each share. Even the Southridge deal is extremely dilutive. If youre doing your analysis based on the AS not increasing above 750mil please please please look at it again. i guess i would be doing my analysis on a 5 billion AS because I think this is where its going to end up. :(
good luck!
I agree 100%.
For all my long detailed analytical posts about these guys, it basically boils down to what you just said.