InvestorsHub Logo
Followers 1
Posts 521
Boards Moderated 0
Alias Born 08/16/2017

Re: None

Monday, 08/16/2021 7:25:16 PM

Monday, August 16, 2021 7:25:16 PM

Post# of 80868
And don't look now...

Nutrablend who sued MSLP for Million$ of unpaid invoices and Ryan settled right before trial calling for 3 years of 6 figure a month payments and a minimum monthly purchase order has been stiffed again.

Personally I don't feel sorry for Nutrablend. Just look at what happened to Capstone when they were stiffed for over $10m!!!!!!

Nutrablend clearly never read the Scorpion and Turtle Folktale or if they did should have listened to Trump when he said if you owe the bank $3m they own you; if you owe the bank $3b you own them.

Q3 is off to a roaring success /s

How desperate is Ryan personally for money? Clearly Ryan is tapped out as a lucrative 15% annual interest ($75,000) and a 1% "accomodation fee" (another easy $10,000) and nearly 20,000 "free shares (another ~$40,000) is too rich for his blood for a 6 month loan. 180 days is too far out for Ryan remaining assets or lackthereof.

Ryan can't dig $1,000,000 out of his sofa to get back $1,125,000 in 180 days?

The tax assessor on Ryan's residence found out Ryan is not all that liquid any longer.

Direct quotes from the Q2 '21 10Q

On July 26, 2021, Prestige advanced the Company $1 million with a six month term and a 15% interest rate. In addition, there was an accommodation fee equal to 1% of the amount advanced plus 18,750 stock options.



As a result of our history of losses and financial condition, there is substantial doubt about our ability to continue as a going concern.