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Bramabill

05/06/06 6:56 PM

#18149 RE: VIKING163 #18148

Viking163 do you think this should be listed in the section with the CEO and CFO pay? he is not an employee rather a consultant. Maybe I am wrong but it might be somewhere in the operating expenses.
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maninfla

05/06/06 7:09 PM

#18150 RE: VIKING163 #18148

re: "...show me where he is being paid in the numbers..."

what the F is the difference?

its common practice to group payments together under SGA [Selling, general and administrative]

do you see a separate listing for other officers/individuals payments?????
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insiders taking care of insiders...its always the same S

as for "some" posting on this board?...it wouldnt make a dif what was said or done...if it was $10K or $10M...it would always be "ok"

gag & puke





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flaflyersfan

05/08/06 12:09 AM

#18153 RE: VIKING163 #18148

VIKING163, here's your help;

Again, now I finally see why it is so hard to carry on a rational conversation with you pertaining to MSEP because you admittedly do not know how to read nor interpret an SEC filing; whether it be a Form 4 or 10QSB or 10KSB. Hopefully once you are enlightened you may be rational and be able to comprehend what is happening. MMs making buys look like sells and other market malarkey is not the reason MSEP is down 95% in one year.

The numbers (from the 10KSB);

#1


Retail sales $ 222,025
Cost of sales 134,517
Gross profit 87,508

#2

CASH FLOWS FROM OPERATING ACTIVITIES

Employee stock based compensation 162,999
Common stock issued to third parties for services 152,008

CASH FLOWS FROM FINANCING ACTIVITIES:

Proceeds from issuance of common stock 245,000
Proceeds from exercise of stock options 643,142

Leads to:

Selling, general and administrative 1,043,426

http://www.sec.gov/Archives/edgar/data/1075993/000116552706000060/g1077.txt

Those numbers are all in $dollars. Now you should understand the two aspects of MSEP business and why investros seem to want to focus on one more than the other.

Good luck.