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jeff_green

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jeff_green

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Monday, 04/27/2015 2:20:38 PM

Monday, April 27, 2015 2:20:38 PM

Post# of 80868
Debt to sales the last 2 quarters is 1:4

MSLP has taken on $12m in debt against $73m in total revenue the past 180 days.

This is trending toward implosion quickly.

-$15 million loss last Q. No pay slow pay accounts payable.

MSLP was cut off by contract manufacturer for non payment.

Current lender holds 100% of MSLP assets as collateral and has restricted any further borrowing until repayment or foreclosure on assets.

New lows very soon.
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