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Thursday, October 01, 2015 12:29:08 PM
Most MP sponsorships and endorsements were undertaken to get personal access and Big Baller VIP treatment using the company jet to events by the MP executives underwritten with investor funds.
These endorsements and sponsorships were just perks with little or no real return.
When the SEC Investigation began questioning business purpose and receipts for exec expense accounts, MP began these party endorsements.
Mp sponsored the Phoenix Open this year so the execs could party at the biggest party event on the PGA Tour and VIP access to the Birdnest.
Same with the Cav's deal during the playoffs.
The list is long for executive perks but short on return.
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