I am a supporter of MSLP to, however this company scares me greatly. This stock has diluted from 1.18 to 0.05 cents and just when you think there done and the PPS is rising BAM they release more debt and more diltuion back to 5. I have my shares in at 7.5 cents and by no means do I think I am in a good position with this conpany.
I just hope that this time they are done with their debts and they monitor the CFO, because that guys just seems to like to sign his name on cheques and waste the companies money.. Perhps they will hire my wife as she is good at this too... lol
I know there was a lot of sponsoring at UFC 127, and for most companies this is a good thing but for a company who is lets face it in debt. It worries me greatly. Please dont explain to me its marketing for the product I understand that but if your only making 12 mill a year in sales (thats a projection of their million dollar month) and your spending 7 mill a year on advertising, it really does not lave much for manufacturing, salaries etc etc.
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