Muscle Pharm Corporation (MSLPQ)

[goldbergstein]

For those who are not familiar with poker parlance, "on the button" refers to the dealer who is advantaged by being in position to act last on every round of betting.

Meaning Drexler sitting on the button has a few quarters to sort out the current MP mess while holding the Capstone option in his hand and having the advantage to act last. He could potentially allow the option to elapse and acquire Capstone independently.

He could then initiate a tender offer for MP for pennies as the assets are all controlled by the LOC lender and the new $30m line. If SEC sanctions are tough it's even easier to restructure and acquire MP assets in his new entity while shedding liabilities. His independent entity could then follow the Optimum Nutrition handbook. The supplier acquiring the brands pursuing true vertical integration.

MP common aka dumb money would be forced out for peanuts on the tender.

That Wynnefield reverse repo is a huge red flag for common.