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Wednesday, 10/29/2014 12:36:23 PM

Wednesday, October 29, 2014 12:36:23 PM

Post# of 80866
Time to sic the lawyers on Forbes too!

The company, founded in 2008, is run by founder and CEO Brad Pyatt, who owns 5.8% of the common shares, worth $4.8 million), but controls 31% of all voting shares. Pyatt did a short stint with the Indianapolis Colts in the early 2000s, and unfortunately hasn’t had much personal or business success financially since then. The company states in its annual report that Pyatt has suffered a personal bankruptcy and other failed business ventures, acknowledging that this could “expose us to assertions by others that our management team may not know how to effectively run a business.”



http://www.forbes.com/sites/alexmorrell/2013/10/17/sports-supplement-company-backed-by-arnold-schwarzenegger-facing-sec-investigation/