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.
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM