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Sunday, June 10, 2012 10:53:35 AM
Add an additional 10% tax on that from MSLP and the motivation is increased that much more.
I understand what you are saying about depreciation, but it still remains that it is good business to work to not pay extra money on a yearly basis and it is good business to work to mitigate taxes and other expenses.
It is an interesting question about the facility... and I am not an accountant, so your input would be appreciated. They don't actually own the facility from my understanding... they lease it. They likely own many things in the building, like weights and hot tubs and whatnot.... but there are other things that I am genuinely curious about. Like... a few months ago, somebody was talking about getting paid to do a mural at HQ. The mural adds value to the building for Musclepharm, but it really isn't something that can sold, traded, etc. It doesn't really add value to the building in that nobody else can use it and would have to actually pay to have it removed. Your input.
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