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Monday, April 27, 2015 1:27:38 PM
Also, it's a fact that order volume normalized in Q1, suggesting that sales were in the range of $40-50 million, with any number in that range being a tremendous improvement from Q4.
And, cost of goods sold went down, and the payment terms were improved with new contract manufacturing deal with Capstone Nutrition.
I have a feeling that Musclepharm is expanding with a third SKU at Costco very soon....so, I remain optimistic.
Estalella's comments about Cocoprotein possibly entering Costco this Summer....that was probably more a cover for what really is going on with Costco. Musclepharm doesn't want to let competitors know in advance what it's planning to do.
I have a feeling too, that Nature Sport is gonna look entirely different than anticipated. Musclepharm is gonna move that line in a more mass market direction, competing with Nature's Bounty, Solgar Vitamins, Now Foods, Nature Made, Schiff Nutrition, etc....with some basic high quality supplements, like Lycopene, Krill Oil, Whey Isolate, etc....for the buyers that desire to mix their own nutritional sports nutritional regimen.
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