![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, December 04, 2014 10:40:34 AM
Without the phony $5m "gain" mysteriously manifesting itself in Q3 from a bargain basket something that the company desperately added directly to the bottom line to offset the tangible net loss using bogus "Intangible assets", you will see massive losses in the future regardless of revenue.
in·tan·gi·ble
in'tanj?b(?)l/
adjective
1. unable to be touched or grasped; not having physical presence.
Revenue has been declining as well the past 3 Qs with the largest retail sales channel declining 21% YOY.
Cash burn rate is exploding.
Expenses are growing out of control with huge increases in endorsement compensation scheduled in 2015.
I would be interested in investing in the MSLP third party contract manufacturers. They are the only profitable segment of anything related to MSLP.
Listing to CEO Brad saying he is afraid of making mistakes with "Vertigo (sic) Integration" in the conference call and therefore committing to more of the same margins was so laughable in its ineptitude.
Look for a secondary or convert deal announced soon.
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM