MSLP meets the NASDAQ Capital Market requirements easily and probably the NASDAQ Global Market. MSLP does not meet the requirements the NASDAQ Global Select Market. Those are the facts, no spin... If you don't believe me, take the time and look it up.
MP's stock is in a base, which is common for ALL stocks. Nothing goes straight up and a well formed base sets the stage for further gains. Support is in the $8 range and time will tell if we saw the bottom or not but I would bet that we have. Many of the qualified investors are in at $8+, which bodes well for them to accumulate for shares in this range. If one believes the MP will continue to grow sales at a fast pace and start to become profitable in the next few quarters, then the share price is bound to follow.
MP sold it's warrants for 1.25 million. That turns MP's initial $2,000,000 investment into a total of $3.78 million! (1.03 million for BZNE principal and interest, 1.5 million far sale of BZNE stock and 1.25 million for the stock warrants)
I agree that even though something may be "small potatoes" in the long run, does not mean it isn't meaningful or relevant in the short run. I don't know how my words were condescending, so please enlighten me. No one was "jumping off a bridge" crazy and I never suggested such thing, those are your words. People were saying how the stock was going to (jump off a bridge) tank and it is going to be a rough day for the stock, which I did not agree with.
Your example is quite laughable especially from someone who accused me of being condescending. I never said "whats the big deal?" in fact I said I wish they hadn't given more shareholder money away and then I chose to keep things in perspective of the long term viability and success of the company.
Sure, I would rather not pay board members and execs as much, but if you believe that the company will continue to grow at a fast pace, then it is really small potatoes in the long run.
Actually they made money on the two million they invested in biozone. They receive one million + 30,000 in interest plus they sold biozone stock for 1.5 million and they still own stock warrants. They made $530,000 in profit in a few months! Read the quarterly report.
I agree that by certain standards MP is undervalued, but the price is the price. Below is my recipe to increase the stock price.
1. If it is undervalued, the market will correct that and people will step up and buy shares in the OPEN market. If MP stopped selling shares to qualified investors directly and made them buy shares in the open market, they would have to bid the share price up in order to build a position.
2. Get listed on a major exchange. Being listed on major exchange in itself will promote the stock. It looks like MP is close to getting listed on a major exchange, so that could be accomplished very shortly.
3. Be patient! Stop paying promotional companies to do interviews and promote your stock. If a small fry sees the promotional interview and actually buys stock, a few hundred or a few thousand shares is peanuts and will not produce a sustained advance in the price of the stock. The belief the large institutions are going to see the interview and now decide to buy stock is misguided. Kick butt earnings and revs will definitely get the institutions attention, that is the best promotion of all and it cost nothing!
Best to all!