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JeRK

05/22/12 10:23 AM

#28696 RE: jwez #28693

I have to look at this in a skeptical manner. Back in late April they made all these announcements, threw some pocket change into buying shares, and paid stock promoters over 200k for services.

I like the company, its products, and the popularity its gaining. It just will not survive as a public company if they keep dropping the ball. The 8k says nothing about delaying the 1st quarter report, it also contains incorrect dates, and I would believe that has to be amended. I cut my losses at this point. I'll look for reentry around .015-.0165
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dakotaben

05/22/12 10:25 AM

#28698 RE: jwez #28693

I am not selling here.

However, I hardly think it is stupid to sell a company that is unable to keep correct books and on the edge of becoming delinquent with the SEC. I would imagine that many on Wall Street would say that is a very smart move.

No matter the sales and revenue, NO investors will be seeing ANY profits or any trading at all for that matter if they can't keep up their duties to the SEC.
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deafelephant

05/22/12 10:49 AM

#28709 RE: jwez #28693

Agreed. Anyone who had done their DD on the success of Musclepharm and their products as well as their amazing report for Q1 would not be selling.