Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

I was speaking of "accrued interest". It is going to Ryan. He is clearly continuing to recoup his underwater investment (as I have repeatably stated as he for the first time began taking $600K in cash out for interest in Q2) and the assets on the balance sheet have been wiped out. The Receivables have been borrowed against @ 20%. The Inventory has been borrowed against @ 18%. BioZone and everything that was or wasn't bolted down has been sold and Ryan is moving out of the MusclePharm HQ complex.

And now we have "indicated interest" in the "conversion" and dilution with over 20m shares outstanding with a couple key insiders holding controlling interest (~70%) into the current "declining sales" environment that is sure continue with Bakery Barn fiasco.

This is a bankruptcy set up.

Ryan is attempting move assets "off-shore" as debt continues to grow at subprime rates to Crossroads Financial and Prestige Financial to fund operating losses.