Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Why doesn't Ryan simply convert the contractually agreed debt at a lower price than this Amerop proposal?

Wouldn't that make all the sense in the world if 20m OS dilution is the goal? Debt to Equity swap is completed at a lower exercise price already contracted. Why float the Amerop deal that makes no sense any 3rd party independent investor to pay 2x current market price for equity?

Cleary Ryan's legal team has dissuaded him from his "proposal" to roll the debt over, jack up the rates and slash the exercise option price.

https://www.sec.gov/Archives/edgar/data/1415684/000165495417008273/mslp_8k.htm

Wouldn't that make all the sense in the world if 20m OS dilution is the goal? Debt to Equity swap is completed at an already valid contract with a lower exercise price.

That wouldn't play as well in bankruptcy court.

Now they are floating this deal to Buck where he is paying 2x market price for the debt. It makes sense to no one and will still play off tune in bankruptcy court.

This only moves the assets off-shore during any litigation and limits Ryan's personal liability and moves it Amerop shell.