Remember when they said they had gotten rid of the derivative liabilities? Over 5,000,000 in derivative liabilities meaning that they will once again be effected by not business related expenses.
1) They have shareholders equity of $7 million THEY WILL NOT JEPORDIZE THIS FOR Q2!!!
2) They have net sales income coming in already of $8 million of product PRE SOLD!! In Dec 31,2012 only $4 million!! Guess what sales are going to be Q2??? likely $30 million or more!!
At March 31, 2013, we had cash of $8,483,000 and working capital of approximately $5,673,000, compared to cash of $0 and a working capital deficit of approximately $11,571,000 at December 31, 2012.
3)They will NEED to show Net PROFIT for Q2!!!
4)Fit Miss just getting started this Q2!!!!
5)Shipping now in hands of MSLP!! Less costs again!!
6) International sales ARE GOING UP BIG TIME!!
And FINALLY they want on NYSE OR NASDAQ!!!
Q2 will be a MONSTER!! for them to see in next 3 months when they get Q2 so as to not to be DENIED!!!
They were so sloppy in their expansion they didn't have any choice but to be stingy and leave their loyal investors out in the cold.
On a much better footing now, but I can't blame anyone for moving on to invest in a much better managed company that isn't so sloppy, careless, and stingy.