Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

8,000 share sale causes -20% decline in Market Cap.

That is a $4,000 sale today causing a $1,500,000 market cap reduction.

MSLP shares are worthless.

[Madcowelixir]

Absolutely zero volume. Fake trades between the same party; same volume 3 seconds and 5 seconds apart.

So essentially not a single authentic share traded so far today with ~2 hours left in session.

Think about that. MSLP can't do a legit .60 cents in total transaction value via authentic volume in over 4 hours of trading.

Without the two idiots in the room (Buck Wessell and Nelson Obus), this is a ghost town.

[avocet]

Denial engendered by pride.

We are all so clever and insightful in our own minds. We circle the wagons with like minded investors and castigate the messenger with information that undermines our pathetic strategy and loyalty to an obviously sinking ship.

[avocet]

Thanks for sharing your diligence here.

[learning curve]

You’ve posted before about your trading platform; rebates, etc....
Any insight about IEX market participants?

[mtc44380]

Yes, cherry picked.
You can post a 3 year chart of the drop from $14 to sub $1
but you neglect the other 2 years where it was between $4-14, so yes cherry picked to prove your point.
I agree the 5 year chart looks pretty crappy, but you cant erase the split to top prices.

You must be one of them 'knock down Confederate Statues' types cause we only live in the last few years, history doesn't count.


We DO know Buck was in at ~2.05
We DO know the price was at .37 cents yesterday.

It was a reference to your blanket statement that there is no money to make on the long side. I just gave you an example that if you bought yesterday at around .40, where it traded most the day, you would be up 50% on that investment.

Hence money could have been on the long side. And there was also volume

I would hate to be your wife, you can never be wrong.

[Madcowelixir]

Cherry picked?

We know what Buck has invested 2.2m shares at $4.5m = $2.05 PPS

We know just ~250K share sale yesterday drove the price down to .37 cents a share.


What would 2.2m shares on the sell side do the PPS?

[Madcowelixir]

Codie

Why people on here attack you every step of the way is beyond me.

Just look at an example of the "people" to which you refer. I understand the ineptitude completely. "bro-investing". I think I've seen that tat reproduction of the sticker on the back of a mudder truck....the one with kid whizzing....

[mtc44380]

If you look at cherry picked charts, I can show the 1D chart and show the stock up 70%.

Who said there is no money to be made being long the stock??
All those folks that bought yesterday are up 30-70% on their shares.

$MSLP $MSLP $MSLP

***Hints of sarcasm in this post

[Madcowelixir]

Investor of the Year!



Now for the drumroll please.....

2,211,781 shares (x) .37 cents a share = $818,359


Buck Wessell has turned $4,500,000 into $800,000 an -82% loss in just 2017 on his MSLP investment


Congratulations Buck!

[Madcowelixir]

willbone

MusclePharm Corporation
4100-4210 W. Vanowen Place
Burbank, CA 91505

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
December 15, 2017

The Annual Meeting of the Stockholders of MusclePharm Corporation (the “Company”) will be held on December 15, 2017 at 11:00 a.m. Pacific Time, at 4100-4210 W. Vanowen Place, Burbank, CA 91505, for the following purposes:

? To elect four (4) members of the Board of Directors to hold office until the next annual meeting or until their successors are duly elected and qualified;

? To ratify the appointment of EKS&H LLLP as the Independent Registered Public Accounting Firm of the Company for our year ending December 31, 2017;

? To hold an advisory vote on executive compensation; and

? To transact such other business as may properly come before the meeting or any adjournment or postponement thereof.

Solicitation

This solicitation is made on behalf of our Board of Directors. The Company will bear the costs of preparing, mailing, and other costs of the proxy solicitation made by our Board of Directors. Certain of our officers and employees may solicit the submission of proxies authorizing the voting of shares in accordance with the Board of Directors’ recommendations. Such solicitations may be made by telephone, facsimile transmission or personal solicitation. No additional compensation will be paid to such officers, directors or regular employees for such services. We will reimburse banks, brokerage firms and other custodians, nominees and fiduciaries for reasonable out-of-pocket expenses incurred by them in sending proxy material to stockholders.

[natematt1101]

Seems like only a matter of time... so many lawsuits, contractual obligations and endorsements unpaid... reduced spending on research and development... operational expenses not significantly reduced, and hardly any assets... shame because the products are quite good.

[Cherry_11]

Wow... speechless at these prices. Thanks Mslp...

[codie]

Not many.

[turokman]

How many pesos is that?

[codie]

The pre-split adjusted price is now 0.00043 per share.

[Madcowelixir]

willbone

My educated guess is that it relates to Board of Director nominees and not a reverse split but ??

[codie]

Anyone doubting bankruptcy now?

[codie]

You couldn't have called it any better. And detailed, painstakingly, the multiple reasons for the collapse.

Why people on here attack you every step of the way is beyond me.

[Madcowelixir]

The goal is to get ahead of the action, not react to it. This post though only 7 days old was before earnings and could have salvaged longs their dwindling capital.

Madcowelixir Thursday, 11/09/17 09:38:59 AM
Re: None
Post #
79942
of 80001 Go
Common shareholders get both sides of the double barrel

There is literally no case can be made for a successful long investment in MSLP.

Paying 12% on the notes

AND

Getting diluted by >100%


Cheerleaders get the honor of 12% expense before get crushed by dilution in a best case scenario.

There are ~14m shares outstanding currently and Ryan's convertible could add ~17m+ more in the longs best case of conversion.

CEO Ryan has clearly shown his intent to devalue the shares. They are worth nothing, nada, nil.

CEO Ryan has clearly shown his intent to bleed the dwindling cash flow into his personal pocket. This is always the case in a failing enterprise. You steal the cash flow before the ship sinks.

[willlbone]

Proxy about R/S?

[Madcowelixir]

exactly. Ryan's MO is to stiff, wait for lawsuit, threaten bankruptcy, settle. repeat.

Suppliers are now fool me once, shame on you. Fool me twice, shame on me.

[codie]

Seriously? BB knows the desperate financial shape Musclepharm is in. Taking half now verse nothing at bankruptcy is an easy choice to make.

And if BB made faulty product bad enough for Musclepharm to seek out a new manufacturer, why would they even consider going back to BB?

Musclepharm were trying to scam BB and it ended up bitting them on the a$$.

[codie]

The pre-split adjusted price is now 0.00084 per share.

[mtc44380]

No, im good, Ive seen enough past messages from you, I never doubted you were long or short. You just love to listen to yourself talk, or I guess read your own messages.

Its obvious you are short now, ive known that for a long time, anyone can surmise that. If you cant read my last post, I said "HELL even you were long..."... remember that? When you made money on the long side... but I guess that's impossible to do, since you only post 3 year charts. Or only YOU could have made money being long the stock anytime before 2014.

I am not on the wrong side of anything anymore.... "YOU DONT KNOW HISTORY!!!" I sold all my shares at 0.95 just a few days back. Now I sit back and see how it all plays out from here.

[Madcowelixir]

mtc

really?

You don't know history.

I posted nearly all my long and short trades in real time on this site including screen shots since April 2014 as long before going short in October 2014.

I clearly posted 15 times a day in real time my real time trades including Level II out of the money bids/asks for verification.

In the event your an imbecile, you do realize I formerly posted under tontis_acheater, bellator_exec, goldbergstein.

I only asked codie what the pre-split adjusted PPS as he used to post updates often and it's an inside joke.

It is obvious you are on the wrong side of a long investment so your explanation is laughable.

Want me to post additional archived messages authored by me in verified real time from this thread years ago?

[mtc44380]

Im excited for MSLP to go bankrupt so I don't have to see posts from Madcow ever again.
However, I will feel bad for him since he wont be able to spend hours and hours on a MSLP chat board and on Amazon anymore....
Not sure what you will get off on after that.


Hopefully you pick up a hobby with all the fresh cash you will have.

[mtc44380]

Hahhahha, Again failing to post the other half of the chart.

And do answer your question, if you remember, the split adjusted price was about $4/share... then it went up to around 10.... you see.... if one was to buy at 4 and sell at 10 (as I did, you would make money). It sounds like you did the same thing. Or maybe you bought after it dipped again to $6 and went to $14.... if you bought and sold (which I did, you would make money on the long side).
You can cherry pick charts all you want, but you cant argue from 2012-2014 there was money to be made on the long side. HELL, you even were long in that period.

So thanks for worrying about me, I have plenty of capital, don't you worry.

[Madcowelixir]

ha....his non-compete has expired and I hear he is going back in biz though not with Cory. Brad is down to let you pay his country club dues and he will spew his prospectus rap.

Do you think he actually learned something? It's funny because he did build a legit company but treated it like he thought is was a scam. But scamming is in his DNA.

[turokman]

Bring back Brad

[Madcowelixir]

so we can verify mtc is dumber than Jimmy Jams, TheExpertHimself, Barista, brichnyc, turokman, rhenarium, MrHaigs, stupidified777, etc........ who all had the common sense to just stick their tail between their legs and wander off into the desert never to be heard from again. Mtc has no where to go as his capital is gone and now he just lives under the MP underpass as he tells the other homeless how rich he is from his MP long investment in a 3 year chart looks like an Olympic ski jump ramp. Yeah, longs made a fortune. Let's ask Nelson Obus who has been long since Q1 2013 and is still adding and is down more than -90% as its verifiable through his 13F filings on Whalewisdom.com

[Madcowelixir]

Keep cheering cheerleaders until MSLP is $0.00xx (not too far off)

Until that point, like a tree falling in the forest, I won't be there to hear it so your fantasy is solitary.

[Madcowelixir]

mtc, show me the reviews on faulty product before May/June 2017? It was 90% positive.

I can show you 90% terrible reviews after MP switched manufacturers July/August/Sept/October/November .

That's why I post verifiable screen shots and you just shake pom poms.

Cheerleaders are such poor allocators of capital.

[Madcowelixir]

codie....what is the adjusted "pre-split" price now?

Didn't every cheerleader make money on the long side now? Haha

[Madcowelixir]

exactly codie

MSLP "paid" $700K settlement for "undelivered" product from Bakery Barn. I posted the screen shots of the lawsuit.

MSLP nor any customer ever saw nor tasted the product Bakery Barn suit referred to. MP calling the product moldy is just plain stupid "again" as Ryan just stiffed the company as MP ran out of cash again.

[Madcowelixir]

Conference call or just cashing out @ .72 cents?

[mtc44380]

If they made up the excuse, I would highly doubt BB would have settled for half the price of what was owed. If MSLP didn't have proof they could have been taken to the wood shed by BB.

There was 1.4mil in product owed to BB from MSLP, much of it was bad, and while BB realized that, MSLP agreed to pay for the portion of it that was still saleable. The settled to pay 700,000.

I wont refute they didn't have money to pay them, but I would argue they also didn't pay because of the faulty product.

[mtc44380]

Seeing all the complaints about stale bars out there, I would expect that some was the product that they got from BB at those times. It may not actually be ALL the 'new manufacturer'.

I purchased a new box of Chocolate Chip Cookie Dough on BB.com a week or so ago, rcvd it, and tasted just like all the others. Soft inside, chocolate looks great on the outside, I have bought many different boxed, VERY LITTLE difference between boxes. However, I only purchase CCCookieDough so that is just my experience.


As far as investment wise, I have sold my shares, and like I told Madcow, I actually made money over the years on MSLP. The last purchases were losers, but the 2 transactions before that were winners.

I gave the company the benefit of the doubt through the restructuring, and wanted to see it play out with new management. Cutting headcount, SKUs, etc, its what needed to happen, but they were too far gone. Obviously didn't work, but if it had, they would have been a quite profitable company. Their products are good, brand is good, management is crap....

Sometimes you make money, sometimes you lose money, risky stocks like this are always gamble, hence small weightings and diversification.

Unless you are MadCow, you never lose and always win.

[codie]

Please, they couldn't afford to pay them so they made that up as an excuse.

It's this nonquestioning faith in these crooks that have kept you long in this stock while it does nothing but tank.

How many times do they have to pull this stunt before you realize what is up?

[mtc44380]

Would you pay a manufacturer that sends you moldy product? I would NOT....
Can you read?

Which is why they settled half the initial suit, MSLP refused to pay for crappy product.


MSLP isn't selling the moldy product from BB, which is why they were sued them for the damages of said 'moldy' product.....

[mtc44380]

Its funny how you forget about the other half of the chart from 2012-2015. So the fact you think you know my investments more than I do is hilarious. I actually owned this stock PRE-split. So ive been here for a while.

So yes, I have made money being long on MSLP. I do know how investing works, MSLP was a minuscule portion of my high risk portfolio. I diversify. I don't need to waste so much time and effort on 1 investment.

Using a portion of profits from selling stock in 2014-2015, I opened a position at 2.90 in 4/16, then purchasing more this past summer for DCA of $2.03.

That's that.
You can gloat all you want. But your s*** stinks just like everyone elses.

[Madcowelixir]

codie, exactly. Haha

I would believe it is common knowledge now that Ryan is a deadbeat so any supplier not demanding terms of prepaid Cash on Order/Manufacture deserves to get shafted.

That is why it was necessary to sell of 60% of every receivable in Q3 at a 20% discount. MSLP is required cash up front for supplier purchase orders and doesn't have the legit cash flow necessary thus must borrow it from the subprime Debtor in Possession lenders and sold off almost ~$14m in Receivables in Q3 for $10.3m in cash from Prestige.

[Madcowelixir]

More remedial math

Expenses are cut to the bone. Endorsements are now $12K annually to a sherpa manager and some other forgettable no body.

Yet, MSLP still lost $4m in Q3 that they readily admit they "adjusted" down to a $2m loss. The adjustments are the fake "gain" on the settlements where suppliers settled for something rather than nothing. Of course this isn't a legit, repeatable and sustainable gain so strip those out and MSLP lost $4m cash in real cash operating losses in Q3.

MSLP cannot even break even much less generate a real profit

COGS is .67 on every $1.00 in sales

Ryan's interest revenue tax is .03 on every $1.00 in sales

MSLP sold off 60% of their total Q3 receivables for 80% face value. That is desperation for cash flow.

MSLP has now hocked its inventory too.

Now Ryan says expenses are going to go significantly up as the move to Burbank California comes with higher employee costs both salary and taxes as CA has one of highest State Income Tax Rates in the country and Workers comp is outrageous. Not to mention the loss of worker productivity in the gridlocked valley.

[codie]

The funny thing here is, Musclepharm will skip out on paying their new manufacturer like they always do and will get sued again.

[Madcowelixir]

mtc. Here you go

[Madcowelixir]

mtc

My new Amazon review boilerplate taken directly from the 10-Q. How will Amazon customers like to read about the MOLDY product they were delivered from MusclePharm's own mouth?

[Madcowelixir]

Did anyone think about this?

CEO Ryan is paying himself almost $8,000 ........A DAY......EVERY DAY.......EVEN SUNDAYS AND HOLIDAYS.......for the interest payments on the MSLP operating losses.

$8,000 a day even before salary, bonus, stock options

Ryan is paying himself $700,000 per Q (every 90 days) for interest.

This is occurring as Revenues continue to contract and are now on a $90m 12 month run rate.

Ryan is paying himself nearly a 3% revenue tax right off the top line. That is crazy as it is before any interest payments to Prestige @ 20% and Crossroads @ 18%.

As revenues continue to decline the % revenue tax goes UP as no principal is ever repaid

[Madcowelixir]

mtc

Oh, so you have profited being a long?

Are you reading the chart upside down?



It would be impossible to profit being a long and don't you think an intelligent investor would see the other side of that trade was easy street?

In addition you claim to have sold at $1 which is pretty much the bottom of this chart and 99.99999% of the shares were "bought" above your claimed sale level. Do you understand how investing works or is this a cheerleader's virtual investment?

No reply necessary. That is why I included the multiple quotes from your peers showing how outrageous and inept their investment thesis and skills are in hindsight.

Back to your cheerleading. Too bad the cheer can only make to "2 bits, 4 bits, oops that's all I have left"

[mtc44380]

Your inflated ego is something else.

I was merely pointing out your statements about CCB and Bakery Barn are currently false, so you can stop spamming Amazon with the same coded comment. Since its now false.

I am not comforted by the 64 cent share price today, but that is also about half the price I sold my shares for. I gave the company the benefit of the doubt on many occasions so I cut my losses around $1/share.
You can make up some BS how I bought shares at $14, but you don't know jack. I actually sold many shares in the 12-14 range, I bought near the bottom both times and sold near the tops..., and was in my most recent position around a $2 average. I made money being long this stock, the last position was free from prior profits, so all I did was cut my profits in half. No big deal.
I don't get off on this craziness that you do, but kudos to you for being on the short side.
The writing has been on the wall for a while, but many things could have turned it all around.

[Madcowelixir]

mtc

Down -70% since May (that is 6 months) and that was when the stock was only $2.xx

You are in $14. How many more times have you doubled down? Those little up spikes don't last long (the most recent were only 100 shares or less and not authentic trades) so there is no profit on the long side.





I went short in October 2014 in real time here (bb33 was the mod back then) on this thread and look at this chart

basebalplayr33 Wednesday, 10/22/14 05:10:16 PM
Re: bellator_exec post# 70623
Post #
70726
of 78080 Go
I take it you no longer hold 20k+ shares long?
 
28 Jan, 02:44 AM

Let's look at some familiar posts from your fellow longs

MrHaigs
Comments (648) |+ Follow |Send Message
MSLP now getting a dedicated wall at all corporate GNC stores across the county. the good news just doesn't stop. I might be low in my $100 share prediction over the next 2-3 years.
24 Jun 2014, 09:09 AM

ted rosen
Comments (93) |+ Follow |Send Message
Am I "too deep" into this company or are there just way too many positives here going on? I really don't know of a better company out there to invest in.
08 Oct 2014, 03:27 PM

MrHaigs
Comments (648) |+ Follow |Send Message
equity offering???? What are you guy stalking about. They are executing share buybacks. Why would they do that only to dilute again?
This is finally an exciting time to be an MSLP investor. Today's share price is nothing compared to what it will be in 2 years time. I wouldn't be surprised if we even get bought out by then.
05 May 2014, 09:51 AM

MrHaigs
Comments (648) |+ Follow |Send Message
You guys have any thoughts/comments on the CMO leaving the company?
21 Oct 2014, 08:34 AM

Couldn't agree more. Shares dropped to a gift under 12$ not that long ago and came right back. I added some today.
Oct 27, 2014