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Muscle Pharm Corp. Message Board

  • johnson.jeff42 johnson.jeff42 Oct 25, 2012 6:39 AM Flag

    They Used Us

    To get started and now when the profits start rolling in they just increase their salaries. At least that's what it looks like to me.

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    • Great news for the longs, they promised no salary increases unless they made money. These are thir target bonuses...big quarterly report coming?

      Sentiment: Strong Buy

      • 1 Reply to marcsimons4281
      • These guys have absolutely zero excuse for giving themselves bonuses. This is pure "I'm gonna get mine while I can Jack!" From a management point of view they have obviously not run this company well at all. Nothing but dilution and drop in value because they cannot turn a profit, partially because of inflated salaries and bonuses. And to think they suspended the stock buy back program and then give themselves bonuses, while diluting share value. This is a joke. And for the record, I have been long this stock the entire time I have held it and have waited patiently and silently, but this is absurd. If I was not already in a position of "Oh well, might as well hope something happens because my entire investment is almost already gone", I would leave these guys in the dust. It is going to take a miracle to create real value with over 2 BILLION shares now outstanding. To put that in perspective, for this to go to .05 cents/share the company would have to be valued at $100 MILLION. That is not even in the foreseeable future. I will NEVER invest in a penny stock again and have clearly learned my lesson. Sorry for the negativity and i am holding until the end at this point and going down with ship praying for a miracle, but those prayers are unlikely to be answered. Sad but true.

1.97+0.02(+1.03%)Oct 26 3:11 PMEDT