Tuesday, August 04, 2015 1:42:32 PM
What seems more ludicrous to me is a guy who personally founded and has already sold his own company for $100s of millions of dollars to a major pharm company Abbott Labs, now shows up with no apparent motivation or equity to announce a vague over 50 product for a company that has just been accused publicly of covering up a lack of finances by the company's largest shareholder, a well known investment capital firm. MSLP is under investigation by the SEC too which restricts certain executives from liquidating their personal stock. There seems to be sense of desperation or time constraint pressure building and the string of unreported off exchange transactions taking place along with the musical chairs in the Board Room lead me to believe something is amiss.
I was told that the last several preannounced lines such as Nature Sport announced nearly 2 years ago have still not launched a product. Same with Tiger Woods line that were pre announced 2 years ago. No products.
Now we are to believe Bill Phillips is the same as Jen Selter except Jen's line actually exists so Bill must report to Jen evidently.
Bill Phillips would seem capable of launching his own products if he wished. His non compete lapsed years ago.
The fallacy that Bill Phillips is bored and wants to launch an over 50 product and chose MSLP to work for is ludicrous IMO.
Thanks for your contribution though.
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