Monday, November 15, 2021 4:53:59 PM
Cost of Goods Sold (COGS) before any expenses is 99.8% of Total Revenue. That is what happens when your suppliers cut you off for non-payment.
Another -$4m loss.
Total Revenues are down to $12m so MSLP is losing $.33 cents for every $1.00 in sales even AFTER slashing any bricks and mortar business location, distribution channel, massive payroll layoffs, selling every asset down to the paperclips.
HYPE the new product while not discussing they have given away 17.5% commissions each to TWO former Rockstar employees. That is 35% commission on the gross margin in addition to $20,000 a month salaries to each as well with no minimum sale requirements. I won't mention the 3m shares awarded to the two as that is just piling on.
Trust fund babies in business pretending in Hollywood.
Oh, I almost forgot....hiring TJ Dillashaw the Drug Cheat coming off a 2 year USADA suspension has been hired to the do the marketing for MSLP. That is even worse than MSLP hired Michael Vick the dog killer as in an endorsement deal right as that tragedy was occurring. What a train wreck.
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