This is the classic example of a company with a great vision, excellent products, but not enough fiscal discipline and restraint (so far). They've overextended, for sure, with so many products releases through so many channels in such a short period of time. And, yes, executive compensation has been too generous. But, the company makes real products that real people buy, and generates real revenue (even if they do book it too soon!). Relax and give it time. They've recently admitted a lot of past mistakes, as reflected by the probable closure to the investigation, the new CFO (John Price), and the separation of corporate duties. Plus, lots of insider buying just a few months ago at much higher prices. I use their products, and own 50,000 shares. Last year's earnings prediction fiasco sucked, but give it time, folks. It's a micro cap.
Is jim_stevens a wise man? What we need here is a honest opinion about company. I don't like CEO, he is too greedy. But he is similar to other CEOs I think. He is just a disaster.
OTC, NASDAQ, NYSE it doesn't matter where you look you will not find a better deal than MSLP selling for $4 per share. Anything under $8 this stock is an absolute steal. I bought every share I could buy and I just put my 1971 Vette up for sale to buy more. In a year or two I'll be able to sell the shares I buy with my Vette proceeds to buy 3 Vettes if I want. I can't believe anyone would sell their shares at these prices.
Sentiment: Strong Buy
Two problems 1)It's only a Agreement in Principle so still needs approval and we don't know just how big a fine it will be! 2)Most importantly the fundamentals are still no good. No uplisting will fix the problems with the management and CEO
surprised no one on the board has commented on the recent "news"....stock pps was up nice yesterday and down nicely today! must have read a bunch past posts that once this came out the stock would move. looks like still more exact info is needed still.
Only a moron and idiot would make selective statements like the ones you just did. Shows you are not very bright, no degree, not very well educated, probably mentally challenged parents and oh yea - statements made from a person who has no money and is so very poor.
My only concern with the CEO is he may be a looking for an instant hit. I am not sure he has the mental state of mind to grind this out for the long run. He may be a quick turn and flip it type of person. if what yo usay is true then you confirmed my worse fears - a person who is just not mature enough to grow a business.
It is obvious Brad is out to get rich quick and does not care at all about us shareholders.
"As Chief Executive Officer and President at MUSCLEPHARM CORP, Bradley J. Pyatt made $4,407,856 in total compensation. Of this total $250,000 was received as a salary, $260,000 was received as a bonus, $0 was received in stock options, $3,853,500 was awarded as stock and $44,356 came from other types of compensation. This information is according to proxy statements filed for the 2013 fiscal year. "
That future is now. two years later and if we do not see solid postings on revenue and contained costs by now then management is going to be a strong target for talks on replacing tem with more competent leadership. Part of the growth strategy has been very good. What is crazy stupid is the trend in operating costs. if that number is wildly out of bounds again then even the dullest manger has to realize they are not part of the solution. Any manager worth their salt would be able to take this company and with the revue growth in the past 2 years they would have been able to grow new products from the profits and not from a negative balance sheet. I am expecting the operations loss for the next report to be 1/3 of their last one.
When the next earnings report is published in May we will soon see if the CEO and management are using MSLP as their personal "piggy bank" or are serious about building a company. I always see where young company's are clearly mismanaged when their leadership is more concerned about the types of hot cars they drive, what clubs they belong to and how hot the women they sequence through instead of building the brand and culture. With the revenues MSLP made they should only get better and the losses should not be outpacing the rate increase of revenues at this point in their development.
I have now sold all my stock. I don't think this is going anywhere.
MSLP will be back over $10 very soon. Probably by the end of 15, if not by the end of the 1st qtr. of 16. Buy at these discount prices or wish you did. It's really that simple.
Sentiment: Strong Buy
it's a shame - under the right management this company could have been huge. But even Brad knows it's a short term plan, that's why he pays himself $4M + per years, he is just out to get rich quick and does not give 2 #$%$ about share holders!
the SA article sums it all up well - and this is by a guy who for years was very positive about MSLP.
Thanks - I dumped all my stock this morning. After reading the SA article by a guy who was once very positive about MSLP.