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Re: Hamham1 post# 35953

Wednesday, 07/11/2012 7:48:35 PM

Wednesday, July 11, 2012 7:48:35 PM

Post# of 80868
1. I do not recall a quote declaring the end of dilution. please correct me if I just missed it. I personally would not mind dilution if it raised an amount of money that could cancel any remaining toxic debt and slingshot growth even more. I am speaking of $10-30 million. With the stock trading at .0175 this would be impossible without giving away the store.

2. I don't understand what you would want. easy access to the O/S? It would be illegal to grant access to the NOS list.

3. This is the most important thing in my mind. A giant number and or guidance would cause me to press up.

4. If these pigs bonus themselves even 1 share it would be time to look into legal action.What would justify a bonus if the pps went to .15. They just gifted themselves 1/3 of the company. That would be worth $20 million dollars each. The company would only be worth $210 million. I wonder if the company has set aside shares for new hires and current employees who do not currently own shares. Most companies have share pool for this purpose.

5. I don't care about the BOD unless the class b shares are eliminated. With these shares in place it gives the BOD no teeth. Brad and Cory would get what they want if the BOD supported it or not.


6. If 3 is a big number and gross margins improve we get a big number on PPs. Come on 3-6!

7. expense control yes, hurt growth no

8. Cover your ears any uplist plan in the next 2-3 years will involve an R/S. That is unless they can get the market cap over $3 billion.


I will feel a lot better about MSLP if we see five things in the upcoming releases (financial and otherwise):

1. No more dilution (as promised).
2. A relatively transparent accounting of shares.
3. Quarter over quarter sales growth.
4. Disclosure of the 2012 revised bonus plan.
5. Progress on board of directors.

Bonus items:
6. Gross margin improvement.
7. Expense control.
8. Some insight into uplisting plan.