Here's the real deal:
First read this S1 disclosure: "TSX Ventures, LLC (“TSX”) is a limited liability company organized and existing under the laws of the State of South Carolina. Drew Ciccarelli the managing member of TSX and as such has sole voting and investment power over the shares beneficially owned by TSX. Mr. Circcarelli is the beneficial owner of 4,500,000 additional shares of common stock apart from the common stock held in TSX’s name." TSX owns 42,000,000 shares by the way.
Next: Note that Circcarelli owns Musclepharm Sportsware which you can find registered in South Carolina.
Now some good stuff: Note that Circcarelli owned 123 Stock Alerts before he got really scared and sold it to Global Marketing Media (also in South Carolina owned by a guy named Nix). Circcarelli is scared because 123 Stock Alerts was busted pumping MSLP while Circcarelli was an insider literally and proven here.
The latest: One of their buddies is Michael McCarthy who runs Quality Stocks LLC which is pumping MSLP today.
These are facts so buyer beware... and yes I am very aware that the Feds and the SEC monitor my posts.
The financials WERE a disaster, the company's filings WERE untimely, the board of directors WAS a joke, and the management WAS inept, but the revenues this company earns will fortunately allow investors to reap rewards in the future. Once MSLP is back on track, it's stock price will be measured in dollars and not pennies. MSLP gapped up yesterday, then closed the gap, only to start slowly rising. The time is now - she is ready to run. Thanks for reading my post.
You may find this surprising but I agree with your post. The problem is that MSLP got involved with a group of people that play a lot of games which crush penny stock investors and ultimately the company itself. All small companies have a huge problem, banks are not lending money, period. So, they have to resort to tactics like a reverse merger into penny land, followed by toxic PIPE financing, misleading press releases, stock promotions etc... The only way for MSLP to survive is to generate enough cash to get the toxic financiers out completely. I've never seen a public company survive toxic financing. Look at IMDS, MCLN, HPGSE, XDSL and all the others... I will say that if MSLP can keep revenues growing by the end of they year, it has a chance to survive. The new CFO has a lot of work.