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Re: None

Thursday, 10/12/2017 5:45:20 PM

Thursday, October 12, 2017 5:45:20 PM

Post# of 80867
What does MusclePharm have left to sell? Can you say broke as a joke? Now MusclePharm is forced to take out $3m loan at 18% interest forced to pledge inventory as collateral. How do you make a profit when you are paying Ryan 15% interest on his debt, Crossroads 18% on Inventory and Prestige 20% on Receivables? Margins (Cost of Goods Sold) were terrible before all the debt interest payments but how do you see a way out under the crushing debt load where everything is pledged as collateral?