InvestorsHub Logo
icon url

bellator_exec

11/02/14 3:15 PM

#70969 RE: learning curve #70962

Great point LC.

When cost of goods eats 67 cents of every dollar in sales, margins are so small that consistent profitability is a pipe dream and a snake oil salesman is born.

We all know the MSLP overhead and SG&A is never going to shrink so the snakeoil salesman needs a NASDAQ uplisting to enlarge his potential audience.

The SEC Investigation has taken NASDAQ out of the equation and CEO Brad has had to make a deal with devil (WalMart and Sam's) in order to distract from the facts. MSLP Director of Sales and Marketing Sydney Rollock knows this and took his $1m and couldn't resign fast enough.