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dakotaben

06/21/12 11:12 AM

#33189 RE: learning curve #33183

seriously?

First, the value of the entire company will plummet overnight in terms of market cap.

How much in hard assets to they have? Like... things that they could auction off? Do they own any buildings? OTHER than the product that is in the warehouse, WHAT do they own? A hot tub... some Musclepharm signs and weightlifting equipment? And buy the time they are at BK... how much of the product in the warehouse will they actually be able to do something with or get paid on? Remember, they rely on third parties to do almost everything.

Of what they own, how much is financed? Oh great, we own a hummer that depreciated 30% as soon as it drove off the lot.

Of the intangible things they own (logos and tms), how much value would be lost when the market determined and they admitted that it has proven they are running an unsustainable business plan? Perhaps other companies are just waiting for MSLP to off themselves... then swoop in and buy them at a steal.

Oh... then the lawsuits from the contracts they have. The lawyers. The costs of going out of business. Employee wages. Special shares. Warrants. Super special shares.

Then there is the self preservation factor. Don't worry... brad and cory and the whole bunch of them will make out alright.

At the end of the day, we will end up with a financial prostate exam and no money in our wallets. To think otherwise is so bizarre and skewed that I cannot even conceive how you could reach this. If you owned a business, I sure hope you had an accountant to handle the money.

Lets hope we never get there, but how about this. If MSLP goes bankrupt and I get a check from musclepharm in the mail for all of my shares at a rate of .04 pps, I will send $100 of that to you. Not even a wager, just a gimme. That is how bizarro land Willy Wonkaish this sounds.

seriously.

ALL IMO