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learning curve

05/16/13 5:06 PM

#55213 RE: ID Supermoney #55212

ID; for the most part I'm following you....except Gary clearly outlined that it is 1.628m that will be trailing into Q2. That's it.

I also thought; am almost sure the derivative expense is solely associated with the convertible shares that to date have yet to be converted. So...the derivative expense will continue to rise until converted AS THE PPS CONTINUES TO RISE...so this expense can NOT be forecasted and is virtually negligible as it is NOT attached to any dilution rights etc....

This is my interpetation atleast. Yours?
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avocet

05/16/13 9:53 PM

#55218 RE: ID Supermoney #55212

This is why I was happy to see the consultants paid in shares because this means they were doing everything in their power to straighten this company out and make it profitable ASAP!

They had a direct interest in MP significantly improving their situation.

To say they rescued MP from a dire situation is an understatement!

Because MP was so desperate for sound advice and an overhauled business plan, these consultants were able to get compensated quite handsomely!

It was far better for MP to pay through the nose yet again because this time it was for life-saving advice instead of another round of toxic debt and corresponding dilution that would only make their situation appreciably worse.

BREAKNECK EXPANSION ACCOMPANIED BY LAVISH MISTAKES AND UNNECESSARY AND UNFORGIVABLE WASTE

They rewarded themselves lavishly anyway!

The pre R/S investors were betrayed by this inexcusable sloppiness.