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Re: deafelephant post# 22573

Sunday, 04/29/2012 7:57:28 PM

Sunday, April 29, 2012 7:57:28 PM

Post# of 80876
Yeah.... but you must have missed the timeline in which those shares were issued.

First, they issued themselves super secret shares to give them control of the company no matter what.

Then, almost all the way through the year, they implemented this ridiculous bonus plan giving away 1/3 of the company using said super secret shares.

Legal? Perhaps. Would a shareholder claim survive civil litigation? Perhaps. I will give them credit where credit is due, but will also call out what I see as BS. The manner in which the the share structure was set up was very NOT shareholder friendly. It seemed deceptive and shady to me.

Until my shares are worth more than a tootsie roll, these guys, IMO, have not made MSLP yet. Still a work in progress. Some great and some terrible. The bonus thing was terrible IMO.

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