Thursday, August 17, 2017 11:49:37 AM
But let's attempt an exercise in forecasting
WalMart has 5,000 stores and MusclePharm filings show WMT was never a 10% or greater customer.
Using $26m in Total MSLP Q rev with WMT <$2.6m per Q divided by 5000 stores = $520 per store per Q.
Divide $520 by 3 months= MSLP not exceeding $173 per month of MLSP sales per Walmart store so real sales are less than that number
Take $173 per month in sales X 270 Sprouts locations = $46,710 a month in total sales
$46K a month in sales if using over assumptions into every function using MSLP's own historic numbers provided in 10-Q filings
$46K a month is an exaggerated best case projection and is less than the current CEOs monthly salary to put it in perspective. Does an additional $140K in Q revenue change anything currently? If MSLP had reported $26.34m in sales as opposed to $26.2m they actually reported moved the needle for any reasonable investor?
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