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