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04/28/12 11:16 AM

#22273 RE: Bulldog2 #22252

Yeah thats what I mean by the bonus shares.. giving back would put them back in the system and canceling would take them out entirely.. Thank you for that correction..


In regards to the reverse split.. What if they just buy back enough shares, then allow the price to adjust with the market cap and O/S... I think they could buy back enough shares by the end of the year to do this.. What do you think?

Then wants the pps adjust to the new share structure see where the pps finds a new home and decide whether or not to do a r/s from there...

When you say a "major trading board" , are you including the AMEX in that? I ask because the scenario I outlined above with share buy back... I believe by this time next year, given they buy back enough, we could qualify for "Standard 3" for the AMEX.

http://www.amex.com/equities/howToLst/Eq_HTL_ListStandards.html

I know its a lot of shares to buy back, but at these levels it would be fairly cheap, and extremely effective for all shareholders.. even Brad, Cory, Jeremy's personal shares..

they cancel roughly 472M bonus shares leaving about 970M shares.. at a pps of roughly .02.. every 100M shares would cost the company $2M.... if the company could purchase 900M for @$18M, that would put us around a 70M share float..

Then we can all agree i think that we should do $100M in sales this year.. take this and multiply by the valuation constant of 1.6 and divide by 70M shares.. you get

$(100,000,000 X 1.6)/70,000,000shares you will have a price of $2.28

Now compare these numbers against the Standard 3 for AMEX listing


the first number will be listing requirement, and second MSLP's numbers

Pre-tax income: N/A ~ N/A
Market Cap: $50M ~ $100M
Market Value of Public Float: $15M ~ $140M(*1)
Operating History: N/A ~ N/A
Shareholders Equity: $4M ~ $?(*2)

*1) I think we should hit $100M by end of qtr3.. and be at a minimum of $40M a quarter by then..(with Eurpac deal alone, not accounting for 9000 retail stores.) Mind you I was shot down when I called $20M for first quarter :-)

*2) i have not had a chance to work this figure up.. Will do when I get to a faster connection.. I will be finding finding both types of calculations based off of this webpage http://www.wikihow.com/Calculate-Shareholders'-Equity
and using the number that is the lowest.

Any thoughts from anyone would be greatly appreciated.. Also I do NOT think there will be a reverse split due to this statement.


The repurchase program reflects the boards optimism and confidence in the future of our company and the belief that AT CURRENT PRICES MusclePharm shares represent and ATTRACTIVE LONG TERM INVESTMENT for the company and its shareholders. ~COO John Bluher



Why would current prices be so attractive if they are going to do a reverse split.... your value would stay the same just at a higher pps.. really no attraction there to me..

Think about how these guys would have liked to have worded that statement...
"If you want to get absoFREAKinglutely fucking rich like we do then you better get in now WITH US and ride this bad boy"

Thats how i see these guys telling people about this opportunity in their own words.. without the professionalism expected in a PR

any thoughts, comments, criticisms, corrections are very welcome..