Muscle Pharm Corporation (MSLPQ)

[TheExpertHimself]

Musclepharm did issue stocks, but they will be void if it doesn't default....

So, until these stock leave the treasury of the financial institution....they should still count in the fully diluted share count....which cannot be ideal by any means.

I have to admit, I have never seen this construction of a secured loan ever before, and it makes you wonder why Brad would go along with something like that given Musclepharm's history of excessive dilution?

I think that Musclepharm is in desperate need of a more seasoned CFO with experience from highly profitable company.