Saturday, June 18, 2011 10:53:28 AM
If MP is on any fighters or the mat then you know where your dilution is coming from. They will now have two sponsor fees paid (over 300K just for the right to market) and what ever they pay for the spot on the mats and athletes. Some athletes are paid in shares which also increases the overhead and unsophisticated overhead at that.
I do think Brad will fly this company into the ground before he gave the reigns to someone more capable. Just like creating a Senior President position for the guy less qualified than the President.
They seem to have a grasp on their consumers. The management team are complete narcissistic idiots and the consumer is not far behind.
They have used athletes in commercials that do not use or endorse the products.
They lie about the product being on the shelfs in GNC
They Dilute like tht is the reason they were hired
They have forgot that they work for the shareholders.
A company that can't make a profit and has minimal sales has NO business spending all of this marketing money.
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM