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A hush falls over the cheerleader crowd as MSLP hits .80 cents
Will Ryan resign tomorrow and declare the notes in default on Thursday?
Need more evidence?
MusclePharm only has one single product on the muscleandstrength.com T50 list and it is #35 and a $9 retail product. Revenue is crashing in Q4.
https://www.muscleandstrength.com/store/top-sellers
Combat Crunch is really tumbling now in Q4.
Down to #5 on the Protein Bar list and crashing hard.
https://www.bodybuilding.com/store/best-protein-bars.html
Combat Crunch is gone. No longer a T50 seller. MP has ZERO products on the bb.com T50 list.
Complete colony collapse disorder under queen bee Ryan
https://www.bodybuilding.com/store/top50.htm
Wynnefield bought another ~200k shares since June 30.
But they are still down over -$7m to date on their current investment since 2013 in addition to already taking a loss of -$2m selling in 2015.
Obus needs a six bagger from here to just get even. Good luck with that.
4 trading sessions left before D-Day (decision day) as the maturity date of the $17m of convertible is this coming Wednesday.....
In addition, Q3 earnings release is imminent with huge implications to the company as a going concern....
In addition, an activist investor with over 2m shares is saber rattling threatening to buy up to $25m in shares.....
Yet today we see only ~$2,000 worth of transactions.
Yawn....MSLP is already essentially bankrupt.
SLC
As for "off-shoring", you have yet to see how this plays out.
I can give you countless examples of statements I made that played out over 9 months like the Capstone theft of product or CEO Brad's secret cash loans on his insider holdings with Canaccord that I disclosed way before it finally came out.
Heck, when I made an obvious statement that Obus and Drex were in cahoots 2 years ago while everyone here scoffed like you do and just yesterday the SEC filing came out that proved they had a standstill agreement that didn't expire for 2.5 years.
I could go on about Frost and Barry but not worth my time.
What difference does it make when a poster here states ridiculous stuff like S777 loves #1 best selling Combat Crunch when it's simply not true?
I don't care what he thinks. I know the truth and disclose it here. It takes dumb money to be on the other side of my transactions so I appreciate S777's "contribution"
SLC
You're at least number 1001 taking this stance with me here and all have been left licking their wounds while I continue to successfully do what I do. Remember Rhenarium? brinyc? turok? bb33? et al? The list is countless. I offered several of these 5000 share private transactions on the other side of my trade but they are all talk. We are talking multiple 5000 share transactions when the PPS was $12.88 or above so you are talking $60K+ per so I understand the crickets. If you are a moderate player, go ahead and propose a private transaction between you an I. I have a decent size position still.
But if you did your due diligence, you would know I went long $6.xx in April 2014 and sold between $12.88 and $14.20 closing out in October 2014 and subsequently went short and covered 25% of my position @$9.xx before certain decisions were made to run the company into the ground and I've held that position to date. Of course I've posted here numerous dark pool trades transferring insider shares that were liquidated subsequently that the cheerleaders denied initially until I posted screenshots and such. Of course I posted nearly all my real time transactions on the board here along with all the valuable due diligence that is exclusive to my work like the $21m in delinquent payables to Capstone that I revealed daily for 9 months before the company finally did or the EVP Rollock resigning over the new pricing at Sam's as his GNC contact blew a fuse or Brad's country club memberships and clothing allowances before they were released or the $2m interior decorating charge Brad paid to his wife's best friend that to this day hasn't been released but is true. I was also the source of disclosing MSLP was paying bb.com's DeLuca $100K a month for placement before the SEC finding. I also disclosed that CEO Brad was moving his shares to Canada broker dealer in a loan scam with Canaccord. I can gladly provide you with all the SEC investigators #s and emails as I posted some of my correspondence with them on this board. I also was the source that tipped the IRS about the share grants that resulted in the $5m assessment (you know they pay a 20% commission for successful recovery tips?)
Unlike the cheerleaders here, I see things they way they are and that is why I successfully traded as a long and a short. I still trade to test occasionally to test the veracity of the volume and elasticity of the price.
Remember this when S777 asked for confirmation? As a profession platform trader I have access to trade in dark pools as you can see on the trading statement below.
or the Bakery Barn filing?
I also posted all CEO Brad's bankruptcy records that showed he claimed only $200 in cash, a new shotgun, a gold chain and $800 worth of clothes as he swore he was homeless and slept on his parents couch.
I could go find them again here but nah, back to my work......
S777
Remember the forum moderator bb33? Look at the date "cough, cough" bellator sold and went short.
S777
I can honestly recommend Tontis_Acheater, bellator_exec and Goldberg-Stein for financial advice. Go look at "their" record.
https://investorshub.advfn.com/boards/profilea.aspx?user=429520
https://investorshub.advfn.com/boards/profilea.aspx?user=471865
https://investorshub.advfn.com/boards/profilea.aspx?user=537894
Let me give you a message from 2013 that may sound eerily familiar to you
Only 5 trading sessions remain....
until CEO Ryan's $17m convertible note maturity date expiration.
Will we see default?
Will we see conversion?
Will we see more extend and pretend?
Feel free to "go on the record"......
uh......
to cash out. I can't redeem my position until I cover and I'm not covering until $0.0xxx
Like those sports book trips to Vegas, I have to wait until the final whistle to walk to the ticket writer window and redeem my winnings.
But I continue to share my wisdom with the less fortunate as a way of giving back while I wait.
Interesting only if you're a fanboy.
MusclePharm is bankrupt. Product rejection, operating losses and cash burn has accelerated. So has debt as any hard asset has now been borrowed against. Revenues are crashing. Ponzi is over.
Amerop has no intention of making a legitimate offer that has the possibility of closing as any idiot who performs due diligence sees bankruptcy.
MusclePharm's $17m convertible due in 7 days is only part of the massive debt at junk interest. Prestige 20%, CrossRoads 18%, Man City settlement 15%, etc.....
It might be interesting to you fanboys to watch all 9 innings, but it's a blowout and the outcome has already been determined.
Arbitrage guys are not ignoring a legit 90% spread on todays closing and Amerop's fake interest @ $1.98; they know it's fantasy island........da plane, da plane, boss..........
Merry Xmas S777 while you wait until the 12/25/2017 expiration of the Wynnefield/Drexler standstill agreement. It will be a lump of coal.
Old news just released today.
Wynnefield "finally" admitted they were in cahoots with Drexler and have a standstill agreement that forbids them from criticizing or negotiating against Drexler until 12/25/2017
Of course if you read Goldberg-Stein in real time for the past two years here and on Seeking Alpha, you knew this already.
https://www.sec.gov/Archives/edgar/data/1251565/000114420417055538/tv478135_sc13da.htm
@idee
Read "Flash Boys" and see how it's done every second of every trading day all under the guise of "we provide liquidity"
https://www.amazon.com/Flash-Boys-Wall-Street-Revolt/dp/0393351599
Ryan gets beat up all weekend so he can alleviate the guilt of being MSLP dumba$$ #1 Trust Fund baby.. Congrats bro!! Clearly getting beat up in a meaningless old man tournament is more important than shareholders interests according the CEO of MP. Read the highlighted portion. Look at the priority as it's all about his feelings of being a loser.
Meanwhile revenues continue to crash.
What happened to Combat Protein Powder, Assault, BCAA et al the former best selling MP products?
Here is the last remaining MP product on the bb.com T50 list
#47 and falling
Here are the final two MP products (both very minor sellers of the MP line) on the M&S.com T50 list
#39 and #42
Couldn't be simpler.
MP The Athlete's Company
What are the two MSLP Bro's up to as the company revenues continue to crash and Combat Crunch sales fall off a cliff?
Well MP #2 and former Drex college roommate is busy in Beverly Hills. His daughter is obviously using the MP Weight Gainer during her bulking phase.
MP #1 is busy posting pics of his food this weekend and "competing" in the Senior III Division Heavyweight in Long Beach. Good news is he finished 3rd out of 3 in his division. His bros are breaking the internet with emoji High Fives!
Meanwhile...In Denver CO......(crickets)
Huh?
Some cheerleaders don't know what constitutes an offer.
I can "express interest" in my neighbor's house for 10X market value but that doesn't constitute an offer nor does it drive up the price in the bank's appraiser's books as a legitimate "comp" (comparison).
Neither did Amerop's that clearly states "does not create a fiduciary relationship" because there is no legal offer.
Buck Wessell is an idiot
The only logical reason he would invest $4.5m of his funds exclusively focused on buying 2m shares of worthless MSLP common shares; is he ignorantly drank the Trust Fund Baby Kool-Aid and believed MusclePharm could cut it way to profitability. By the time he was executing his private transaction with Arnold and Open Market purchases, it was perfectly clear to any sophisticated investor, MSLP had severe going concern issues and expenses were increasing (not declining) when you compared Revenue:Expenses. What good are expense cuts when Revenue is decreasing faster on a percentage basis? Of course I have been highlighting this fact ad nauseam since Ryan's folly plan was made public where he claimed to place himself in the same boat as common shareholders all the while collateralizing 100% of the MSLP hard and soft assets to an LLC in which he personally controls. Any MSLP common shareholders hold any interest in CONSAC, LLC? I didn't think so.
Buck has proven himself to be a unsophisticated investing idiot and deserves to lose his capital.
Now Buck "the idiot" is acting like a petulant little child throwing a tantrum, whining and flailing about.
Grow up Buck and get professional advice from a qualified investment professional next time. You have proven to need it.
Buck is rejected like taking it into the key against Dikembe Mutombo (finger wagging).