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Wednesday, December 12, 2012 7:30:02 PM
There are diet supplement companies that target women that make money. MP will not be one of them, according to its track record.
MP's management is very good at building a brand, but extremely poor at running a business. It appears that they have no concept of what COGS (cost of goods sold)is.
If you put MP's management team in any business, it will lose money and bled the company dry. The company is only as good as the people running it. The MP management team is not good at running a business, this is based on a four year track record.
I'm long and hope things change for the better. I've read posts from the last two years on this board, which I wish I had done before I bought MP shares, and the theme is the same: MP's management team (aka "The 3 Amigos) are clueless at running a business.
One lmao is an NSF check to a supplier in which the supplier complaint about on MP's facebook page. That made my day.
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