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Wednesday, April 15, 2015 7:30:54 PM
Look at Castle Brands, the market cap is $230 million and the company only sells for $50 million a year and doesn't make money. On paper Castle Brand is worth more because the stock trades higher....in reality it is not worth much more than it's cash position as it doesn't have any market for it's products.
Musclepharm does need some product management to maintain it's sales of existing products as it expands with new ones...but all in all, it has expanded sales every year it has been in business.
Musclepharm's products stand out and have gathered quite some following of loyal customers. The competition is a little dirty lately with Jim Stoppani and BPI Sports insinuating other products are not as good as their products....but I think that is a temporary problem and that down the road these will disappear as they have made themselves target for scrutiny and attacks by attacking others.
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