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Re: turokman post# 80504

Thursday, 12/03/2020 3:51:30 PM

Thursday, December 03, 2020 3:51:30 PM

Post# of 80868
So when MSLP agreed to settle lawsuit and has to start paying $1m a month settlement to Nutrablend for $million$ in unpaid invoices beginning in Q1 2021 on Revenues booked in 2018, 2019 and 2020 what happens to the bottom line going forward?

Same with the long list of suppliers that were stiffed and have filed lawsuits against MSLP.

What expenses can you cut next when you had to run from and invest $0 in lease, advertising and marketing, R & D, etc....now after not filing 10Qs for a couple years due to fraudulent accounting?

How did cost of goods sold (COGS) go from 89% in 2019 to 67% in 2020? Unpaid invoices and lawsuit settlements that payments are now due going forward even though the revenue was booked in previous Qs. It's just more fraudulent numbers that MSLP has now admitted to posting previously.

$400 of total reported trading today. Sounds like a rocket ship ready to take off for a long time.

Old business adage. You can't shrink your way to profitability.

Drexler has "shrunk" revenues from $167m when he became CEO to $65m
in just 5 years. Downsizing is not Growth and is not a path to longterm Profitability.