Followers | 7 |
Posts | 1577 |
Boards Moderated | 0 |
Alias Born | 02/27/2014 |
Sunday, May 10, 2015 8:34:07 PM
This is really what Musclepharm needs. I'm not gonna tell anybody whether they should vote or what to vote when it comes to Musclepharm's proxy....but it strikes me that Musclepharm needs to use that many pages to explain it's compensation practices and board proposals.
I misunderstood everything to begin with as it was so freakin complicated. I mean, why is it that a relatively small company like Musclepharm needs so much complexity?
The same with pledging of executives' stocks....I mean, that is a deal that ultimately will go wrong. Musclepharm's stock is not marginable whatsoever....The company is under SEC investigation and most of it's shareholders are actively trading small investors and non trading insiders that have been granted stocks....What exactly good should come out of using these stock are security for a loan?
When Musclepharm needs money, it needs to go to the business or investment bank to get a loan, where it tries to maintain a good credit history by paying on time and not overstretching.....or alternatively Musclepharm raises capital by issuing stocks to investors.
There is nothing complex about this....pledging own stocks for obtaining loans is plain stupid imo.
Also, spending so much on compensation and endorsements, that it is almost impossible ever to post any profit no matter how much you sell for....is making things more complex than necessary.
It comes down to running a lean mean money making machine....not any of this nonsense.
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM