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Re: avocet post# 53840

Tuesday, 04/02/2013 4:58:44 PM

Tuesday, April 02, 2013 4:58:44 PM

Post# of 80868
MSLP is on my watchlist. Will enter again when the price is right.

They needed $20 million for working capital, got the $12 million the first round, and only asked for $6 million the second round. If that's any indication, their working capital deficit may have been reduced.

At this time, I wouldn't hinge everything on Mr. Frost's involvement. He only has a high success rate when he has direct involvement in the companies he invests in.