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Big day here .
When you buying back in you turd ?
You still around JLTG ?
You still around JLTG ?
Does that mean the US of A government will bail them out and the stock will go up?
Looking for some cheapies. Anyone know the share structure ?
anyone know actual market cap here ? Ameritrade shows 8B Etrade shows 15B
Correct sir . My only regret is that I didn’t buy more. Oh wait , no it’s not. ??
$MSLP
Told you
Every dog has its day
$mslp
Have you not been paying attention to what’s been going on ? 3 profitable quarters in a row . Drexler has shown that he can get the job done . Cut the top line to focus on bottom line . So what if growth has stalled if the company is now solvent . Have you paid attention to the recent hire of the Yum! brands and Rockstar execs ? This is an all-star team that Drexler has put together.
Go spread your fear tactics elsewhere .
More fraud allegations after the stock just had a 1300% run ? I told you that I was right on this stock and that when you called for imminent bankruptcy when it traded as low as 0.04 .
I loaded the boat at 0.09. Locked in profit and Still holding a majority of my holdings . Guess I was right after all on this one .
$MSLP
$$$$$ $MSLP
MusclePharm to Announce First Quarter 2021 Financial Results on Monday, May 24, 2021
MusclePharm Corporation (OTCMKTS: MSLP), a global provider of leading sports nutrition and lifestyle branded nutritional supplements, announced today that the Company will report its financial results for the first quarter ended March 31, 2021, after the market closes on Monday, May 24, 2021.
The Company will host a conference call to discuss its operating results on Monday, May 24, 2021, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in accessing the live call can dial (877) 407-0792 from the U.S. and International callers can dial (201) 689-8263. A telephone replay will be available following the event and can be accessed by dialing (844) 512-2921 from the U.S. and International callers can dial (412) 317-6671; the conference ID is 13719996.
MusclePharm taps former Rockstar Energy executive to build National Distribution Network and Sales Team for MP Performance Energy beverages
CALABASAS, Calif., May 13, 2021 (GLOBE NEWSWIRE) -- MusclePharm Corporation (OTCMKTS: MSLP), a global provider of leading sports nutrition and lifestyle branded nutritional supplements, today announced a partnership with former Rockstar executive, Joe Cannata. Together, they will be creating a fully functional energy drink line, MP Performance Energy, under the MusclePharm and FitMiss brand(s) and building out the national distribution network. MP Performance Energy will launch in the summer of 2021 with three incredible products: Combat/Grapefruit Lime, Shred/Green Apple and Wreckage/Fruit Punch.
Mr. Ryan Drexler, the Chairman of the Board and Chief Executive Officer of MusclePharm, stated, “In the past, MusclePharm has attempted to enter the functional energy drink arena, but the timing and the team were never quite right. With this new partnership, MusclePharm will be working with a top industry veteran who understands the space inside and out, and I believe the partnership will help elevate the MusclePharm brand and facilitate new growth. Mr. Cannata will build the distribution network and sales force for MP Performance Energy, and additional seasoned beverage executives will be named to the team soon.”
Mr. Drexler continued, “I’m confident that this will be the ultimate partnership as we work to leverage MusclePharm’s current distribution network and industry contacts, and I know these first three drinks are only the beginning of an exciting new venture. Over the next twelve months our goal is to add numerous SKUs to an ever-growing category. As we move forward, and as MusclePharm’s growth continues to attract new great talent, I passionately believe we’ll see that we are just scratching the surface of MusclePharm’s true potential.”
“MusclePharm is already a clear leader in the Fitness Supplements space with an established name and strong brand recognition. I see the brand as a natural fit to be extended into the functional energy category. Additionally, I see a huge opportunity with the FitMiss product line, a female focused offering, directly targeting a consumer that, in my opinion, has been overlooked for many years in the energy space,” stated Mr. Cannata. “Early Distributor and Retailer feedback has been incredibly positive, and I am highly confident we have the right proposition to successfully lead MusclePharm into beverages. I will have forthcoming announcements regarding distributor alignments, retailer listings, and personnel additions. With Ryan’s vision and my experience, I have complete confidence that MusclePharm and FitMiss will quickly become a key player in the functional energy space and beyond.”
https://www.musclepharmcorp.com/prviewer/release_only/id/4726578
MusclePharm posts milestone: First profitable year in company's history
02-Apr-2021 By Hank Schultz
Long suffering sports brand MusclePharm gave signs of finally turning a corner with its year end statement that reported a profit even as sales fell year over year.
HTTPS://WWW.NUTRAINGREDIENTS-USA.COM/ARTICLE/2021/04/02/MUSCLEPHARM-POSTS-MILESTONE-FIRST-PROFITABLE-YEAR-IN-COMPANY-S-HISTORY
Great piece of due diligence you posted last Sept . The stock has been on an incredible run since, nearly a 10 bagger .
Every dog has its day !
MusclePharm Slams Home First Profitable Year in Company History | Consumed Ep.118
Great video on Joshua Shall who has been covering this stock since it was in the 0.20’s .
Sabina Rizvi, a former Yum! Brands C-suite executive, joins MusclePharm as President and Chief Financial Officer
CALABASAS, Calif., April 08, 2021 (GLOBE NEWSWIRE) -- MusclePharm Corporation (OTCMKTS: MSLP), a global provider of leading sports nutrition and lifestyle branded nutritional supplements, announced today that its Board of Directors has named Sabina Rizvi as its first President and Chief Financial Officer. Rizvi is an inspirational commercial leader who successfully shapes strategy, structure and culture to grow strong, relevant brands.
https://www.globenewswire.com/news-release/2021/04/08/2206653/0/en/Sabina-Rizvi-a-former-Yum-Brands-C-suite-executive-joins-MusclePharm-as-President-and-Chief-Financial-Officer.html
What a great week !! Every dog has its day !! $MSLP
MusclePharm Announces Record Breaking Fourth Quarter and Fiscal Year
2020 Financial Results; Primed for Return to Growth
Full Year Gross Margins Improve over 1,900 basis points to 30%
Operating Expenses Decline $6.8 million or over 29%
Plans to Leverage Leading Brand by Entering New Categories to return to Growth
CALABASAS, Calif., March 30, 2021 (GLOBE NEWSWIRE) — MusclePharm Corporation (OTCMKTS: MSLP), a global provider of leading sports nutrition & lifestyle branded nutritional supplements, today reported financial results for the fourth quarter and the fiscal year ended December 31, 2020.
Ryan Drexler, President and Chief Executive Officer, stated, “Despite 2020 being a challenging year due to Covid-19, we executed at the highest level achieving strong results by turning a profit for the first time in our Company’s history. We reduced operating expenses by 29%, expanded our gross margins to over 30% and strategically expanded our omni-channel strategy by increasing penetration with our largest online customers. Our results this year are a testament to the turnaround strategy we set forth two years ago to dramatically restructure MusclePharm and increase our focus on profitability, and I’m incredibly proud of the hard work put forth by the entire MusclePharm team.”
Mr. Drexler continued, “We have one of the strongest brands in the health and fitness industry and are very optimistic that we will continue to turnaround our business in 2021 by focusing on higher margin channels, offering customers products where they prefer to shop, improved cost containment and implementing additional pricing controls. Our Company is well known for providing superior products and we expect new distribution and brand expansion opportunities that will enable us to generate long-term profitable growth.
The following are key financial highlights for the period. Reconciliations of certain GAAP to non-GAAP measures are provided later in this press release.
Fourth Quarter 2020 Compared to Fourth Quarter 2019
? Revenue, net was $15.1 million compared to $17.4 million.
? Gross margin improved to 31.7% compared to 14.4%.
? Net income was $2.8 million compared to a net loss of $(3.5) million.
? Diluted income per share was $0.06 compared to diluted loss per share of $(0.11).
? Adjusted EBITDA was $0.9 million compared to negative Adjusted EBITDA of $(2.6) million.
Fiscal Year 2020 Compared to Fiscal Year 2019
? Revenue, net was $64.4 million compared to $79.7 million.
? Gross margin improved to 30.4% compared to 10.9%.
? Net income was $3.2 million compared to a net loss of $(18.9) million.
? Diluted income per share was $0.08 compared to diluted loss per share of $(0.92).
? Adjusted EBITDA was $3.3 million compared to negative Adjusted EBITDA of $(14.3) million.
Non-GAAP Financial Measures
Within this press release, the Company makes reference to a non-GAAP financial measure (Adjusted EBITDA), which has a directly comparable GAAP financial measure (net income). EBITDA is defined as net income/(loss) excluding interest, income taxes and depreciation and amortization. Adjusted EBITDA, in addition to those amounts included in EBITDA, is further adjusted for items such as stock-based compensation and gain or loss on disposal of property and equipment and gain on settlement of payables.
EBITDA is provided so that investors have the same financial data that management uses to assess the Company’s operating results with the belief that it will assist the investment community in properly assessing the ongoing performance of the Company for the periods being reported and future periods. The presentation of this additional information is not meant to be considered a substitute for measures prepared in accordance with GAAP.
Forward-Looking Statements
Information provided and statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning the Company’s strategy and expansion of its product portfolio. Such forward-looking statements only speak as of the date of this press release and the Company assumes no obligation to update the information included in this press release. Statements made in this press release that are forward-looking in nature may involve risks and uncertainties. Accordingly, readers are cautioned that any such forward-looking statements are not guarantees and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, without limitation, risks relating to consumer spending may decline or that U.S. and global macroeconomic conditions may worsen resulting in reduced demand for the Company’s products, risks relating to changes in consumer preferences away from the Company’s offerings, risks relating to the effectiveness and efficiency of the Company’s advertising campaigns and marketing expenditures, including existing brands and the launch of new brands, which may not result in increased revenue or generate sufficient levels of brand name and program awareness, risks if the Company becomes subject to health or advertising related claims from its customers, competitors or governmental and regulatory bodies, and risks relating to increased competition from other nutrition providers.
For further details and a discussion of these risks and uncertainties, see the Company’s periodic reports, including the annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, filed with or furnished to the Securities and Exchange Commission and available at www.sec.gov. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the results of any revisions to the forward-looking statements made in this press release.
About MusclePharm, Inc.
MusclePharm® is an award-winning, worldwide leading sports nutrition & lifestyle company offering branded nutritional supplements. Its portfolio of recognized properties include the MusclePharm® Sport Series, Essentials Series, and recently-launched Natural Series, as well as FitMiss™ – a product line designed specifically for female athletes. MusclePharm® products are available in more than 100 countries globally, with its Combat Protein product lineup being the company’s most popular.
Contact:
John Mills, Managing Partner
ICR, Inc.
646-277-1254
John.Mills@Icrinc.com
Stock market ?? seems to like it. Guess I was right after all this time around my friend. Steak dinner on me tonight buddy .
10-K out ... 3 million in operating profit for 2020!! Nice $MSLP
Gross margins improved to 30% (2020) from 11% (2019 )
https://www.sec.gov/Archives/edgar/data/1415684/000149315221007088/form10-k.htm
*Stock Twits* fighting the bots. Repost.
Guys - there is a movement starting right now and people are posting bearish sentiment on Stocktwits to try and fuck the bots who keep shorting $RKT.
Get on Stocktwits and post a statement with bearish sentiment . There was a post on Reddit explaining how Stocktwits is selling user sentiment data.
https://stocktwits.com/symbol/RKT
Congratulations longs !!
Jay Farner on CNBC this morning
As crazy as this sounds , This stock Could benefit as ‘ flight to value ‘ as this has always been a real product / brand with sales now going cash flow positive. $2 is not out of the realm of possibilities here.
I’m in. This is a huge growth story . EPS for Q4 should be massive . Are you following the TeamRKT subreddit ?
Lots of good info:
https://www.reddit.com/r/TeamRKT/
Rocket Mortgage to Showcase the Power of its Digital Mortgage Experience, Highlight Local Brokers in Two Super Bowl LV Ads
https://www.prnewswire.com/news-releases/rocket-mortgage-to-showcase-the-power-of-its-digital-mortgage-experience-highlight-local-brokers-in-two-super-bowl-lv-ads-301219107.html
I’m here . Locked and loaded . See you at the moon .
Barchart Technical Opinion for Muscle Pharm Corp (MSLP)
Overall Average:
100% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
https://www.barchart.com/share/widget/1611515057_832116991//stocks/quotes/MSLP/opinion?t=Barchart%20Technical%20Opinion%20for%20Muscle%20Pharm%20Corp%20(MSLP) via @Barchart
Drexler has recently said that he is open to being part of a larger platform . Nike would be huge .
MusclePharm Appoints Marketing Executive to Its Board of Directors
Nice buy ! $mslp
I did some quick googling and I found one site that said it could be 45 days so that would put it around late February/ early March.
I can buy $MSLP on TD Ameritrade or Etrade right now but I would guess the uplifting to a more qualified exchange could allow the Robinhood’ers access to this stock .
Yeah they are going from PINK to the OTCQB
Here is the application, they just filed :
https://sec.report/otc/financial-report/268189/OTCQB-Certification.pdf
I watched it. You can find a link to the replay on twitter . Check it out it’s definitely worth the watch and made me bullish for the company.
Here is a quick recap with my notes:
ICR conference overview:
* CEO Ryan Drexler has put in over 20 million of his own money into the company .
* Ryan wants to communicate with shareholders more frequency expect updates in next 60-90 days
* Believes company has strong “brand value” that he wants to leverage with partnerships
* Big box retailers are approaching Musclepharm , and companies that they have done business with in the past.
* Lots of industry consolidation in the sports nutrition industry , musclepharm was early on the trend by switching to online and big box retailers
* Costco line was renewed with chocolate milk . Previously they were selling cookies and cream .
* Re-signed with BJ’s Wholesale
* Drexler has been working 7 days a week to fix the COGS issues and now that they are fixed - they want to grow again.
* Expect updates soon
You are the man on this play . Great DD
MusclePharm to Participate in Fireside Chat at the 23rd Annual ICR Conference
The problem with your bear thesis is assuming more bad decisions are being made . From my point of view , Musclepharm has been making strides in the right direction , especially lately , and fixing the problems that plagued them from the past .
We’ve seen them come current on filings and they are now not even considered a penny stock because of their reporting .
We’ve seen them make a bigger push to direct sales on their website , and increasing their presence on Amazon including their Combat protein now being an “Amazon’s choice” product .
We have seen the contract with Costco being renewed with a new product , now selling their new flavor Chocolate Milk in stores .
We have seen them turn cash flow positive .
We have seen them settle many lawsuits from bad decisions made in the past by former executives. We have not seen new bad decisions being made .
If the company has made it this far , why would they throw in the towel? Wouldn’t they have given up prior to filing the 10Q’s and spending all that money getting financial shop in order ?
The company is small , thus its easier to turn around . At this point , their expenses are so minimal , how could they not be profitable? There are other supplement companies in this space that make money and are profitable. What bad decisions are currently being made that has this company thinking it will go “poof” as you say ?
Your repeated claims of fraud and imminent bankruptcy for the past 3 years haven’t come to fruition , and the company seems to be turning around . I’ll patiently wait for the stock price to reflect the moves Drexler & team have been making .
$MSLP