First of all I do not hold a position in MSLP. Just so everyone is aware. I am speaking out of pure opinion.
Good to read your posts again avocet! I fear that it is going to take some form of legal action to get these guys to appreciate the shareholder.
Lets be serious for a moment. Put yourself in their shoes... If you can live the lifestyle these executives are living, on the backs of shareholders, and all you get is complaining, bitching, griping and maybe a few nastygrams then what is going to stop you from doing it?
I really hate to say this, even though I am quite positive the though has been tossed around, but the shareholders need to start looking towards some legal action. Whats to keep these guys from issuing shares until the SEC finally says "no more shares" ? At which point they could reverse merge into the shell company trading on the german exchange and dump more.... At which point they will be under their rules..
I am not an exchange expert on the legalities of the system, however, putting myself in their shoes.. thinking a long the lines of the type of mindset they have shown the shareholders it is what I would do..
I'm sure someone heavily invested in this company has a a legal friend or two, or knows someone who knows someone that can look into the legality of their proceedings..
What happened to the PR that stated "this is a good investment for long term shareholders" when the price was around .017-.02..... and the executives made purchases.. at the time i didn't believe it, but it is quite possible that it could have been like others mentioned... a head fake.. a juke by the MP CEO/ Wide Receiver.. i'm sure he knows a thing or two about juking the opposition..
some thoughts from a former shareholder no longer holding any position
