Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

So one is to believe that CEO who currently owns 48% of the fully diluted shares (unconverted) now agrees to a deal that merely makes him a 6% shareholder just to get his $18m in cash he invested back when he defrauded Capstone?

So now CEO Ryan is just 6% shareholder on a $550K salary.

Okay.

NOT!

Ryan would be left holding just 1.5m shares he purchased in 2014 with an new MSLP Outstanding Share total of 25m of which 11m would be held by unrelated 3rd party Amerop.

Defies logic.

Especially as Ryan's conversion exercise price today is $1.83 and he would just give away the difference for free between his exercise price and the $1.96 Amerop is supposedly willing to pay.

Why would Ryan give away an instant 7% arbitrage return on $18m for nil?

Defies logic.

Ryan has a two year history of rolling over his convertible notes and adjusting the interest rate up 2% every time (from initial 8% in 2015 to 12% currently on the $18m) and adjusting the conversion exercise price from $2.30 in 2015 to $1.83 in 2016 and just had his law firm publish a letter with his intent to do it again and adjusting the conversion to below $1.00

Defies logic.

Believe what you wish.