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superman187

04/29/12 8:26 PM

#22597 RE: Hamham1 #22596

: ) nothing left to say......
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daybuyday

04/29/12 8:34 PM

#22599 RE: Hamham1 #22596

is that the reason the price of MSLP went so low beginning of the year so they could buy more stocks with the bonus?
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Mike418

04/29/12 8:46 PM

#22603 RE: Hamham1 #22596

Whoever convinced management to engage Strategic Apex Group is our friend. Furthermore I believe that SAG laid out the probabilities if compensation adjustments were not made.

Look again at the 1Q12 estimates. Something happened to the Gen and Admin costs.......they went DOWN as a percentage to sales. They stayed the same in dollars but did not rise with the increase in sales.
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deafelephant

04/29/12 8:48 PM

#22604 RE: Hamham1 #22596

Impossible to justify the bonus?

well, the bonus was issued out 90 days after the end of the fiscal year - which would be around end of March which is right around the time their revenue quadrupled and they had to re-assess their future revenue from 40 to 75 million and their PPS went from .01 end of December to roughly .03 end of March.

Major loss, yeah.