Monday, January 08, 2018 12:32:13 PM
Now CCB is $19.99 a box with free shipping to customer to boot which is paid for by MSLP through Amazon
This is just a money losing Ponzi Scheme and MSLP is selling product well below Cost of Goods. Revenue continues to crash and is down double digit % since Ryan called the bottom 3 quarters ago and predicted revs to ramp up.
Will MSLP even post $20m in revenue in Q4 '17?
Look at the most recent reviews at the top 2 online sites
The kicker is Bakery Barn is not going to allow CEO Ryan to fall 1 penny behind on invoices this time and MSLP still can't afford to stock most CCB flavors.
Ryan has had to borrow $$millions from subprime "payday" lenders @20% interest against inventory and receivables and has over $2m in interest payments payable to him annually going forward.
MSLP is not and will not be profitable for common shareholders. It's only getting worse.
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