Monday, January 14, 2013 10:02:38 PM
If a private company lost money four straight years it would:
1. Declare bankruptcy.
2. Auction off its equipment.
3. Close shop.
Now, enter the wonderful invention known as the stock market.
1. A company loses money four straight years.
2. It needs cash infusion to survive.
3. Releases borderline fraudulent press releases to entice new investors and string along current ones.
4. Gets the money it needs, lavishes it management and athletes.
5. Through reckless spending, it runs out of money again.
6. Wash, rinse, repeat.
If Musclepharm is to continue as an ongoing concern, it will be at the cost of current shareholders through massive dilution.
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