InvestorsHub Logo

bdaddyay

04/24/12 10:23 AM

#20991 RE: ericrez #20990

HOLD ur goats.. BIG money coming in!

justlovethegame

04/24/12 10:33 AM

#20999 RE: ericrez #20990

This is a very valid point. Its nice that someone comments on a business issue. I believe the reason for this is the low stock price. Lets assume we are getting fed the truth. A company without the mountain of non-sense that has gone on at MSLP would be trading at twice the PPS minimum. This would allow them to issue debt thought it would be in the 12-17% range. It would be much better than a debt for equity deal for a growing company. Expansion is going to require capital and the lower your PPS the more expensive it is as MSLP shareholders have experienced in declining PPS.

They just announced that they were $4.3M behind on production and now want to do a share buy back program. Come on, that just sounds insane at this point in time.