Muscle Pharm Corporation (MSLPQ)

[bellator_exec]

While CEO Brad was saying the SEC Investigation was all wrapped up in a bow and signed off I posted this in April:

bellator_exec Monday, 04/14/14 01:11:23 PM
Re: deafelephant post# 65994
Post # of 72032
Thank you for your reply but as I stated previously; rumours are that the SEC investigation has now progressed beyond the previous disclosed matters. Please review my prior post if you mis-read my statement.

Currently there are rumours of ArthroCare type retail channel stuffing. Notice how MSLP has very recently begun to report revenues without the former return/rebate distinction?

I find these rumours to have merit as channel stuffing requires significant adjustments q over q and the return/rebate action is just one strategy to perpetuate fraud.

ArthroCare, who committed this fraud and which operated (and continues to this day) as a very successful business, did so to appear to be growing at a significantly greater rate than the company's actual performance.

Since then bb.com revenues from MSLP have fallen 21% and MSLP completely changed their financial reporting method to eliminate rebates and returns.