Thursday, July 29, 2021 10:25:48 AM
You repeated exactly what I wrote earlier. There was no reason for the IRS to dismiss the charges against the company in order to maintain potential leverage the IRS could use to compel MSLP corporate to cooperate against the actual targets but since the targets are all in settlement negotiations including asset forfeiture, the IRS allowed the SOL to run out. It is akin to locking up a compelling witness until the actual targets or defendants are convicted.
But back to the real corporate fraud. MSLP has still not paid Millions$ of past due AP or legal judgements including nearly all of its suppliers, $1.7m+ to Thermolife, $1m+ to Manchester City FC, etc....and in the face of continuing revenue decline that will render satisfaction impossible. MSLP's own fraudulent financials show another YOY -20% decline in revs currently.
MSLP annual revs pre Drexler were $180m
MSLP current annual revs are ~$50m and have never declined LESS than -20% YOY since Drexler took over.
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