MSLP has went up from .0060 to .0154, def a buy under .016. The company has to post news about:
- Q4 2011, should be $7 million. - FY 2011 report, company expects revenue of $20 million. - MMA Elite powered by MusclePharm Line sold at CVS, Cost-co, and Sams club.
These three news headings should be released no later then the beginning of Feb. So I expect a major jump of the PPS by then.
Also the company files their papers with the SEC so they are up to date on everything and follow everything by the book. In my opinion, the company is valued at .02 - .04 a share, and after these reports that should be coming up soon, I think the company can be above .02, easily. I think 6 months from now company is between .05 - .10 a share because of the new products that are coming out.
Also when UFC on Fox begins, this will bring more advertising for them to a larger audience, which means more sales for them. Their products are great because the user has to keep repurchasing their products until they get they reach their goals. Some products (ie the Armor V) is for people that want to simply get the vitamins and minerals that they are not getting in their food so they take that to make up for it. So with that product in particular they can use that for life.
Also MusclePharm has been working closely with Medicaid in New York City because its been proven that MusclePharms MuscleGel and Recon are great for helping people with HIV. So MusclePharm is trying to make it a drug that can be prescribed by doctors and hospitals.*
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