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Re: None

Saturday, 04/16/2022 11:58:48 PM

Saturday, April 16, 2022 11:58:48 PM

Post# of 80868
Wow......Financial metrics for 2021

Cost of Goods Sold 90%

leaving 10% for cash flow.

Sales and Admin 20%

Sales Cost 10%

Before any Financing costs (another ~18%), MSLP is losing .20 cents on every $1.00 of sales.

Sales are crashing at MSLP's largest retailer, Costco.

2020 Costco was ~$27m

2021 Costo was ~$18m

Costco sales down -$9m YOY -33%.

Wait until you see the huge Interest Cost explode even higher as the private placement in December begin accruing interest in Q1 and 2 of 2022.