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Re: turokman post# 75817

Thursday, 05/21/2015 5:01:20 PM

Thursday, May 21, 2015 5:01:20 PM

Post# of 80867
It appears he bought them on the open market. The 13D states Drexler owns 1,000,000 of the 13,468,876 shares outstanding, as of May 8, 2015. Oddly enough, that shares outstanding figure is actually 23,315 shares lower than MusclePharm's 10Q stated were outstanding as of May 1, 2015 (in addition to the 875,261 held in treasury for the bank loan).

Given the volume over the period, I'm guessing he started buying after the Q4 earnings crash and stayed right under 5% until early may, when he bought up another 2.75% shares right before the Q1 earnings call.