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Monday, March 30, 2020 10:15:32 AM
$MSLP - Musclepharm - *Massive Upside Alert*
Quick Due Diligence:
Products Sold on Amazon and In-store at Costco:
https://musclepharm.com/
1000+ reviews, 4.5 stars
https://www.amazon.com/MusclePharm-Combat-Protein-Powder-Chocolate/dp/B01DOHWFGM
317 reviews, 4.6 stars
https://www.costco.com/musclepharm-combat-protein-powder%2C-6-pounds.product.100466807.html
CEO (Drexler) is large shareholder and financially backs the company
with with lines of credits and loans. He is from a family owned
company Country Life Vitamins in 1970. Mr. Drexler negotiated and led
the process which resulted in the sale of Country Life in 2007 to the
Japanese conglomerate Kikkoman Corp.
Recent Article on Inc about what CEO is doing with the company to cut
costs and eventually turn a profit:
https://www.inc.com/jeff-haden/one-step-back-many-steps-forward-how-to-turn-treme.html
Instutional Investors Include Wynnefield Capital (1 million shares)
and Winston White Assets (3.6 million shares)
https://www.sec.gov/Archives/edgar/data/1008190/000089924319026927/xslF345X03/doc4a.xml
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