I disagree. Their current investment is enough. I do not want this somewhat iffy management making unnecessary investments. I want them focused on sales/market share growth and profitability.
Cont: He is a BIG name in numerous communities, not just body building. He bridges the gap between hardcore body builders and the rest of us; a better choice than any current bodybuilder name out there IMO..
What Arnold has been is more than most anyone in the bodybuilding community. He is an EXTREMELY good partner to have on this venture. All due respect, it is telling that you could not include an alternate name for them to choose, rather than Arnold. He is THE name.
If BZNE fails to perform on the debt owed to MSLP, MSLP will get BZNE. Whatever happens, one or both of Frost's investments will benefit.
After having spoken with the investor relations guy a few weeks back, I would not be surprised if the SEC investigation is dropped, or that mslp is just required to restate their financials for the year in question.
You have made enough comments for anyone who follows this message board to know that your comments lack substance. You might find another board to write time wasting comments on. We are all numb to your verbal diarrhea at this point, so it is only your time that is wasted. If you can come up with more realistic and valuable reasons for fear, I'd prefer to only read those.
Yes, eating is exposing oneself to chemicals, as all matter is a chemical, including food and protein powders. There are enough protein powders out there and for a long enough period that I think we can all say that these "chemicals" are safe for human consumption.
I am worried that MSLP will give him a huge block of shares for free. Does Bluher than lose much of the free shares her received recently if he is leaving so soon? Or will he keep those?
I spoke with the investor relations guy a couple weeks back. He relayed what Bluher had said to an institutional investor on the phone that same morning. After speaking with him (and assuming he is not lying/misleading,) I am satisfied that the SEC investigation is: #1 related to relatively minor accounting issues under the previous CFO. #2 the dollar amounts in question are quite small. #3 The SEC did this in order to force the old CFO to comply with their information gathering #4 NASDAQ will not uplist until this SEC issue is resolved (4-6 months at least) #5 Bluher told the investor he spoke with to expect some very good earnings numbers from Costco, Arnold, Fitmiss, etc.
I personally spoke with the agent in charge of investor relations for MSLP (Scott), who informed me that the SEC issues were primarily related to fairly small perks given to executives in the past, which were accounted for incorrectly. The SEC has instigated this investigation in order to be able to force the previous CFO to cooperate with their previously informal investigation. He was not cooperating. Obviously, we are all concerned about this investigation, but it did not sound like a huge issue that would affect the intrinsic value of this company today.
Based on what we all know so far, I would be thrilled if the stock dropped to $2. I'll be buying. I'm buying at today's low prices too.
I believe MSLP is heading (quickly) in the right direction. The SEC investigation is related to issues that occurred back when the books and management were a mess. The causes of those issues are largely resolved and a much more experienced management team is now in place. I do not believe the SEC investigation will have a major bearing on the value of this company, or its continued growth, though it will delay the NASDAQ listing. We do want that uplisting to happen at some point, but more time ot buy on the OTCB is not necessarily a bad thing for those who see the future as bright and want to accumulate. Once it hits NASDAQ, the shares will likely sell at a premium. I believe we will be getting some ASTOUNDINGLY good news related to the new products and distribution agreements now in place and those in the works. I plan to hold my shares and buy more as cash is available. I think we are getting a great discount to intrinsic value due to the SEC hype. This is just my take on MSLP based on my own research...I hope I'm not wrong of course, but I am committed to this investment with what I have researched so far...