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Madcowelixir

03/30/21 11:23 AM

#80568 RE: turokman #80567

all non cash again. Another $1.7m non cash "profit" on losing two lawsuits in addition to a few other fake non cash balance sheet gyrations.

Real interesting number is borrowing from Prestige went up $5m in Q4 over Q3. MSLP borrowed another $5m to cover the real cash losses and cash on hand barely moved up and inventory is the same.

Why is MSLP borrowing an additional $5m in 90 days if it is so profitable? Almost $2m a month in additional borrowings at shylock interest rates and none of it hits cash on hand or inventory. These are real cash losses.