Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

According to the filings of which I have included links, the CEO has invested approximately $24.85m in cash.


Stock Purchase 1,499,408 shares at a cost of $6,850,408 with an average of $4.57 a share

https://www.sec.gov/Archives/edgar/data/1415684/000117152015000424/eps6333.htm


Convertible Note 1: $6m @ 10% due 11/8/2017

https://www.sec.gov/Archives/edgar/data/1415684/000141568417000006/mslp0114178k.htm


Convertible Note 2: $11m @ 10% due 11/8/2017

https://www.sec.gov/Archives/edgar/data/1415684/000114420416134521/v453052_sc13da.htm


MCF Settlement Note $1m @15% open maturity

https://www.sec.gov/Archives/edgar/data/1415684/000165495417006753/mslp_8k.htm


The CEO salary is $550K per annum with an additional $1.3m cash bonus.

Another $1.85m in interest payments on the 3 notes due him per annum.

Current CEO is raking $3.7m in cash per annum in addition to stock grants

At that compensation, current CEO is making 15% per annum on his investment with secured collateral