Monday, May 24, 2021 8:53:32 PM
Sales down another -25% and now at $13m per Q.
Decline is accelerating and MSLP total sales have now fallen BELOW $1m a week for the first time in 10 years.
Fun Fact: It now takes CEO Drexler 90 days to sell what CEO Brad sold in 21 days.
Cash on Hand down to $500K after burning $2m since last Q.
Just shylock Debt outstanding dwarfs total assets....not counting the lawsuit settlement payments and AR v AP deficit.
Outstanding Shares explodes to almost 45.5m after another 13m shares of dilution since last Q.
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