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Thursday, December 11, 2014 7:49:57 AM
I surely hope we don't see more peculiar actions from Musclepharm's side going forward....like the Sydney Rollock resignation where he left with 0.5% of the company for no apparent reason.
It might not be the best signal to institutional investors either that 1/3 of shares in the large employee incentives plan went to the CEO. Musclepharm has grown, so Musclepharm should be delegating responsibilities away from the CEOs desk.
Musclepharm entering the food and beverages business through mass marketing is a major challenge that requires a wider organizational structure....
Brad should of course be awarded for bringing it to life and making it happen. Much of the execution should however be delegated to those with expertise and experience.
Musclepharm needs to show the market that it can transform itself into an efficient operation that can face the competition.
The emphasis should shift towards bottom line growth over top line growth.
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