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turokman

05/12/20 11:05 AM

#80374 RE: MakeItRain88 #80373

Drexler has to be cleaning up the books and 'leaning' this $MSLP up for a potential sale, just as he did by selling Kikkoman to Country Life. He knows the value of the brand here. The market cap is just way too low for the brand value and following worldwide this company has. The financials are a red flag that I'm comfortable with here as Drexler has a significant stake in the company since he converted 18,000,000 in loans to equity. He has a 58.8% ownership in the company. Why would he not want to get $MSLP to a potential sale, with a recent valuation of $3.23 per share.

https://www.inc.com/jeff-haden/one-step-back-many-steps-forward-how-to-turn-treme.html