Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Yeah......

Ryan had to decide where to the allocate few funds available due to stiffing all the suppliers (who have now cut him off). Either a haircut for himself or renewing the $20 Godaddy URL.

Since he will be looking for a new job soon, the haircut was probably the most pragmatic decision.

[SLC-JD]

http://www.musclepharmcorp.com (their "investor relations" site) is down.

sounds about right...

[Madcowelixir]

Conversion price is fixed (for 5 years) regardless of all the yada yada yada you are attempting to assess to this specific financing vehicle. Do the math and you get a ~400% APR on this 180 day deal. I didn't read all the terms nor did you as they have not been released. I don't need to as I know what these deals are and what they were designed to accomplish by the financier.

This entire Soprano's style street money deal shows you exactly desperate Ryan is as all his suppliers are cutting him off for non-payment. MSLP owes over $30m in overdue invoices and can't get inventory.

All the hard assets have been sold and all the Accounts Receivable have been sold via Crossroads and Prestige at their 25% shylock rate.

This "energy drink" thing is just a desperate "pivot" like a gambler who has lost everything at the table is borrowing street money for a "Hail Mary" even the though the vig is too exorbitant to ever recover.

When does Joe C sue for his unpaid 17.5% gross commission if any significant cans ever sell which they won't. Joe knows this and is why he was able to leverage Ryan's desperation into a $20k a month SALARY deal that has no minimum sales requirements on Joe's part.

MSLP's only viable sales channel is the Protein Powder tubs at Costco and that is why sales have fallen over -70% under his "grand plan" and lack of any funds/willing suppliers to take credit are prohibiting him from filling this channel.

[SLC-JD]

One thing I'm unclear on with this scenario: how can the warrants be used to cover a squeeze? The PR notes specifically that they were issued as 'restricted warrants' - thus if converted, they would yield restricted shares. Given that the holding period for removing the legend doesn't start until consideration has been rendered, they would retain the restriction for at least 6 mos. after conversion.

[SLC-JD]

Ah. Gotcha.

[Madcowelixir]

Thanks for the correction on the term (I just gave it a cursory glance and now the APR is ~400% cost of the funds), but.....

the stock is FREE based on the strategy I posted previously. The warrants never need to be converted to profit on 14m shares of stock warrants using a short strategy and are protected against any short squeeze by triggering the conversion if that highly unlikely event occurs.

This financing arrangement is proof that a position has already taken place and there are a minimum of 14m shares to play with....all on the downside hence the recent -75% slide in equity price the preceeded this "Press Release".

[Madcowelixir]

Thanks for the correction on the term (I just gave it a cursory glance), but.....

the stock is FREE based on the strategy I posted previously. The warrants never need to be converted to profit on 14m shares of stock warrants using a short strategy and are protected against any short squeeze by triggering the conversion if that highly unlikely event occurs.

This financing arrangement is proof that a position has already taken place and there are a minimum of 14m shares to play with....all on the downside hence the recent -75% slide in equity price the preceeded this "Press Release".

[SLC-JD]

Agreed that this note is pretty horrible...even worse - the term is only 6 months:

The principal amount of the Notes will be due on April 13, 2022.

However, the warrants aren't exactly "free" stock:

Each warrant entitles the holder to purchase one share of common stock at an initial exercise price of $0.78 for a period of five years from the date of issuance

[Madcowelixir]

and for the naive

The 14m warrants are the kiss of death in these instances, just like what proceeded GNC's bankruptcy.

GNC was still profitable but had expiring bonds that needed to either be rolled over by existing financiers or new bond issue before the expiration date on the old bonds. If I remember correctly the old bonds had an 8% interest rate (compared to MSLP's 29.9% interest rate).

The existing (convertible) bond holders refused to extend the maturity date and forced the company into bankruptcy despite $2B in revenue and bottom line profit.

Why did they do this? Defies logic, no?

Because bond holders near always protect their investment by shorting the stock in which they hold convertible bonds.

Do the math.

GNC was trading at $30 for instance when you become a convertible bond holder. Short it at $30 and any downward price is profit. If the stock skyrockets or experiences a short squeeze, you are completely protected by the conversion price, therefore you have the bonus equity supply to cover your short. BTW, that never happens. Nearly every instance of the equity goes to ZERO as these junk shylock financing arrangements are to allow the insiders and others to liquidate off the radar in dark pools or other arrangements.

Don't forget (as SLC recently posted), tomorrow is the day Ryan's convertible price is set on the ~$3m emergency injection required when MSLP ran out of cash when all the suppliers cut him off and sued him.

AND DON"T OVERLOOK the fact that in Ryan's latest 29.9% "financing" deal that is actually a ~200% cost, the financier required HALF of the 29.9% statutory interest payment UPFRONT even though it is only a 365 day term. Wow.

[Madcowelixir]

Can't get a credit card Ryan?

MSLP just "borrowed" $7m and has to pay a $1.15m placement "fee" for the borrowings AND 14% interest due in 365 days AND 17.3m free "shares". So essentially MSLP just borrowed 12 months worth of money for ~29% interest (intentionally structured as the statutory limit of the land) and additionally $13m worth of free stock to lender.

That is over 200% APR interest for just 365 days!!!!!!

Pure crazy. That is worse than any payday loan company would offer.

NutraBlend, who "was" MSLP's largest supplier officially cut Ryan off from any more purchases as he stiffed them again even after the pre trail settlement.

With the cost of funds to operate at over 200% interest before any "real" operating expenses or commissions, how does MSLP make a profit?

[SurgeGuy2.0]

GEEZE..WHY DID ALL THE NEWBIES LEAVE? HEE!-HAW!

[SurgeGuy2.0]

Desperate? lolzzzzzzzz

[stupified777]

Nice short! You’re obviously very proud! Wall Street is next for you.

[SurgeGuy2.0]

NO ONE GIVES A CHIT! LOLZZZZZZZZ

[bUrRpPPP!]

thanks for the thoughts...

[SLC-JD]

A few interesting notes about Drex's most recent Form 4:

1) Although the $2,457,549 note was nominally converted 08/13/2021 - squarely in the middle of a flurry of PRs about all of the "good" stuff that was happening - the Form 4 wasn't filed until 08/17/2021. There has been only one PR fluff piece since then, and Madcow went to great lengths to point out how illusory that news was.

2) The Conversion stipulates that the price will be determined on 10/15/2021 - two full months after the deal was done (while the Company was trading in the $1.40-1.50 range).

3) Since 08/13/2021, MSLP PPS has fallen by nearly 50%, and continues to drop on a near daily basis. As noted, the Company has been dead silent during much of that time.

Now, I'm not blaming Drex - it is entirely possible (likely) that there is simply no good news to report.

However, a cynic might say that continued silence by the company while PPS drops like a stone benefits him more than anyone else (save maybe Madcow, who is as dedicated of a short as I have ever seen). Wouldn't it be an amazing coincidence if there was suddenly a report of wonderful news (early report of a profitable quarter, major deal closed, maybe a potential buyer) on 10/16/2021?

[SurgeGuy2.0]

Ouch.......maybe see a doctor about that drip, drip............

[SurgeGuy2.0]

Sorry you lost money again!!!!!!! lolzzzzzzzzzzzzzzzzzz

[bUrRpPPP!]

Drip drip drip...down she goes...where she stops nobody knows!

[Madcowelixir]

Now let's look at track record.

MSLP did $177m in annual rev under CEO Pyatt.

MSLP now does ~$50m world wide under CEO Ryan and domestic sales have fallen to $9m a Q or ~$36m annual run rate and still falling.

Every "great new deal" under Ryan has fallen through and failed.

Remember Combat Crunch and natural/organic line in every Krogers and Sprouts?

Thud.....

Remember the Natural/Organic Line period? That was supposed to be a $1B product by now.

Thud.....

There is nary a mention any more. I haven't heard a single peep anywhere of the MSLP organic plant based line that they hyped by hiring "rockstar" influencers and experts poached from successful corporations. Remember the Frito Lay exec?

Thud.....

Costco is basically the only sales channel that MSLP has and accounts for over 50% of sales and that is basically the big tub of protein powder which is the most saturated and margin sensitive product in the sector unless you are Optimum Nutrition who owns the entire supply chain including the whey.

Costco was Brad's baby that Ryan inherited and the only line Ryan hasn't run completely into the ground despite the huge sales declines at Costco too under Ryan.

Remember the entire GNC Wall Display that was going to drive the stock to $100 a share (these words are quotes from the same posters here that are now hyping the energy line)?

Thud......

Fitmiss?

Thud......

Energy Sport and Energy Sport Zero? They were going to be Gatorade killers remember?

Thud.....

[Madcowelixir]

And also.....

Joe C is not a salesman. He simply had connections with a few local independent beverage distributors.

This is no guarantee there will be any sales much less $30m on a product with no customers and targeting women in the supplement energy business.

I don't see too many women drinking Rock'star'. They are at 'Star'bucks tho!!!!

Joe made a few telephone calls and a local distributor in Denver agreed to carry a product when MSLP gets one but in no way guaranteed any sales.

This is the extent of the MSLP and Joe C joint venture that has guaranteed Joe a salary of over $500,000 (guaranteed $20,000 month salary already being paid) over the contract and 17.5% of the gross margin before any expenses other than cost of product from supplier.

All this for Joe to make a few phone calls to former associates of a handful of local specialized bev distributors.

Don't forget that Joe C was also awarded ~1m shares in a stock option grant too!

Sorry shareholders.

Who is going to manufacture the MSLP energy drink? Ryan can't even pay his current product suppliers and has re-stiffed his largest supplier even after the settlement pretrial.

MSLP is out of cash and sold every liquid asset they ever had on the books. They are now borrowing $1m every few weeks at 25% interest rate just to pay a few of the bills.


Ryan can't even afford to loan the company $1m as he is broke. He couldn't even pay his residential property tax on own house until well after the due date.

Now Ryan is forced to borrow $1m at 25% from the Shylocks.

Wouldn't a credit card even be a better deal for shareholders?

This is a joke.

Just assume there are any sales. Let's do some simple math.

$1m in sales and COGS is say .65 cents = $350,000 gross margin

Out of that $350k, Joe gets 17.5% or $61,250

That leaves $288K and the Shylocks get 25% interest on the whole $1m because Ryan has to pay Joe upfront and we still haven't calculated the business costs.

Interest expense is $250,000. That leaves.....

......$38K left on every $1m in sales. Now subtract Joe's $20k a month salary.

We are already in the red and haven't applied a single business expense yet.

We have calculated ZERO other expenses other than cost from manufacturer, Joe's cut off the top and the interest on the purchase order capital.

There is no scaling cost potential as the costs above are fixed to every dollar invested in the product.

[Madcowelixir]

But you forgot the kicker....

Ryan has already begun paying his Energy drink guy Joe C a salary of $20k a month right now AND Joe gets 17.5% off the gross margin before any expenses of every dollar of MSLP energy drink sold. Sounds like a great deal for Joe, but what about MSLP and its shareholders? Looks completely desperate as Joe doesn't have to sell a single can and makes over $500,000 in compensation for himself and then gets 17.5% of gross margin on every can sold.

Joe C knows the energy drink sector is completely saturated and he said the market he is targeting is for women.

Remember FitMiss?

That went over like a fart in church.

MSLP has been in the energy drink business since 2014. Has it overtaken Gatorade yet like many contributors here said would happen then?

[SLC-JD]

$1MM in pre-orders, expecting to hit $30MM in 2023. Drex is betting heavily on the energy drinks...

https://www.musclepharmcorp.com/prviewer/release_only/id/4837040

[Madcowelixir]

How many Quarters of these declines before Revenues hit ZERO?


YOY Quarterly Revenue (sales) have fallen over -33%.

Quarterly Sales fell -$4.5m Year over Year ($13.5m crumbles to barely $9m in most recent Q)

With only $9m in Quarterly Sales generated in Q2 (and declines in freefall, you do the math. - another $4.5m and so on doesn't leave much from $9m.

The Sales decline percentage is exploding even using Ryan historical standards of -20% declines YOY since his appointment as CEO. Now sales are off -$33% and freefalling at nearly double the rate.




Now consider there is ZERO cash on hand and over $37m in Accounts Payable Due. Ryan is borrowing a million dollars every couple weeks on a 180 day term from prestige at an APR of ~25%. These new loans began in June and are occurring every few weeks and even disclosed continuing in August. Now several million has been borrowed that this 25% APR.

YES....you read that correctly. After you calculate the 15% interest and the accommodation fee of 1-2% and the stock grants to the shylock lender you get an APR of ~25% total cost of borrowing now additional millions of cash in $1m increments every few weeks from Prestige so the bank account is not overdrawn.

With Sales crashing and debt service exploding at now %25 APR recent cost of desperation funding, how much longer before the inevitable?

[Madcowelixir]

The White Winston case where the judge ordered Ryan to disclose in discovery certain MSLP financial documents and initially fined Ryan $1,500 for refusing, subsequently ordered a new deadline for disclosure and was not impressed by Ryan refusing to submit the financial documents again!

Is Ryan afraid of criminal liability? Fraud!!!

The judge this time ordered Ryan to pay White Winston's to date legal fees in just this one of the cases which amounts to ~$100,000 and that payment was required immediately.

Maybe Ryan can challenge his future cell mate in another rigged BJJ match like his past performance with Magny if things keep playing out they way they look like.

[Madcowelixir]

And don't look now...

Nutrablend who sued MSLP for Million$ of unpaid invoices and Ryan settled right before trial calling for 3 years of 6 figure a month payments and a minimum monthly purchase order has been stiffed again.

Personally I don't feel sorry for Nutrablend. Just look at what happened to Capstone when they were stiffed for over $10m!!!!!!

Nutrablend clearly never read the Scorpion and Turtle Folktale or if they did should have listened to Trump when he said if you owe the bank $3m they own you; if you owe the bank $3b you own them.

Q3 is off to a roaring success /s

How desperate is Ryan personally for money? Clearly Ryan is tapped out as a lucrative 15% annual interest ($75,000) and a 1% "accomodation fee" (another easy $10,000) and nearly 20,000 "free shares (another ~$40,000) is too rich for his blood for a 6 month loan. 180 days is too far out for Ryan remaining assets or lackthereof.

Ryan can't dig $1,000,000 out of his sofa to get back $1,125,000 in 180 days?

The tax assessor on Ryan's residence found out Ryan is not all that liquid any longer.

Direct quotes from the Q2 '21 10Q

On July 26, 2021, Prestige advanced the Company $1 million with a six month term and a 15% interest rate. In addition, there was an accommodation fee equal to 1% of the amount advanced plus 18,750 stock options.

As a result of our history of losses and financial condition, there is substantial doubt about our ability to continue as a going concern.

[Madcowelixir]

Just like I said......

$8m in "shylock" borrowings this Q just to stay afloat and Assets declined by another -$3m. Prestige and Crossroads (the shylock lenders) now hold almost 100% of the value of the Asset side of the Accounting Balance Sheet!!!!!!!

There are now ZERO unattached Assets (hocked them all to the shylocks) left and over $30m of Accounts Payable still on the books!!!!!!!!!

No cash on hand. More fake accounting by not paying bills due before the Q2 cutoff in order to not show a negative balance. Stiffing more suppliers.

Want proof? Sales declined significantly and Accounts Payable went up significantly! Ponzi scheme 101

Revenue (Sales) continues to decline to new low despite Q1 and Q2 historically being the strongest Qs of the year.

Down another ~15% just this Q over last Q (not year over year but every 90 days declining!!!!!!)

The lawsuit against MSLP by White Winston is not going well for Ryan despite his fraudulent attempt to transfer 875K shares of treasury stock to a broker dealer for this fake window dressing trading unless he is using his own shares for this purpose to dupe unsophisticated fanboy investors.

At least Ryan was able to beg, borrow or steal enough capital to pay his severely delinquent property tax bill before they foreclosed on his personal residence. Ryan is continuing to use MSLP as his personal piggy bank at the expense of shareholders and suppliers.

Multimillion dollar annual salary and stock awards are surely earned by vitamin boy whose daddy's trust fund baby's only credit is "Pimp; A Story of My Life"

Not kidding....just look https://www.imdb.com/name/nm3573940/

[Stock_Dog]

http://irdirect.net/prviewer/release_only/id/4822034

[SLC-JD]

Says the guy who magically appears and starts slamming the company.

[SurgeGuy2.0]

Yikes........nasty MMs all over the place shorting.....lolzzzz

[Madcowelixir]

SLC

You repeated exactly what I wrote earlier. There was no reason for the IRS to dismiss the charges against the company in order to maintain potential leverage the IRS could use to compel MSLP corporate to cooperate against the actual targets but since the targets are all in settlement negotiations including asset forfeiture, the IRS allowed the SOL to run out. It is akin to locking up a compelling witness until the actual targets or defendants are convicted.

But back to the real corporate fraud. MSLP has still not paid Millions$ of past due AP or legal judgements including nearly all of its suppliers, $1.7m+ to Thermolife, $1m+ to Manchester City FC, etc....and in the face of continuing revenue decline that will render satisfaction impossible. MSLP's own fraudulent financials show another YOY -20% decline in revs currently.

MSLP annual revs pre Drexler were $180m

MSLP current annual revs are ~$50m and have never declined LESS than -20% YOY since Drexler took over.

[AskMuncher]

$MSLP MusclePharm Closes Potential $7.3 Million Liability with IRS
Press Release | 07/26/2021
CALABASAS, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- On April 6, 2016, the Internal Revenue Service (“IRS”) selected MusclePharm Corporation’s (OTCMKTS: MSLP) 2014 Federal Income Tax Return for audit and, as a result, proposed certain adjustments with respect to the tax reporting of certain of the Company’s former executives’ 2014 restricted stock grants. On April 4, 2017, MusclePharm received a letter from the IRS asserting back taxes and penalties of approximately $7.3 million dollars owed for the 2014 restricted stock grants. MusclePharm submitted a formal protest disputing the matter on several grounds and has been pursuing this matter vigorously through the IRS appeals process. On June 29, 2021, an IRS Appeals Officer confirmed that the tax matter had exceeded the applicable statute of limitations and was deemed closed from any further assessment by the IRS.

About MusclePharm Corporation

MusclePharm® is an award-winning, worldwide leading sports nutrition & lifestyle company offering branded nutritional supplements. Its portfolio of recognized properties include the MusclePharm® Sport Series, Essentials Series, and recently-launched Natural Series, as well as FitMiss™ – a product line designed specifically for female athletes. MusclePharm® products are available in more than 100 countries globally, with its Combat Protein product lineup being the company’s most popular.

Contact:

John Mills, Managing Partner
ICR, Inc.
646-277-1254
[e-mail]

[SLC-JD]

It's really not a matter of the IRS "allowing" the corp to escape liability due to the SOL; it's a statutory requirement. More likely is that the IRS chose to pursue the individual cases and allow the SOL to expire WRT the corp.

[bUrRpPPP!]

YIKES!... Pretty nasty stuff... thanks for the update!

[Madcowelixir]

If you are not aware of what of just a fraction of the allegations were:

MSLP officers (mostly Brad Pyatt) secretly leased a private jet for personal use somewhere around $100k a month.

Brad and others jettisoned to 5 diamond resorts in Cabo San Lucas, Mexico and other locales booking suites costing $1,000s a night and playing golf with greens fees of $300 and $400 a round, countless spa treatments in addition to purchased things such as premium golf club sets, Louis Vuitton luggage sets, expensive jewelry, Cash ATM withdrawals for 10s of thousands of dollars at a time that the proceeds were never disclosed, etc....all for themselves personally yet paid with corporate funds in addition to the unreported and secret stock options.

There were private country club memberships that had 5 or 6 figure initiation fees in addition to the monthly dues.

That just scratched the surface of the personal piggy bank mentality that still exists at MSLP.

This is what initiated the IRS audit. The IRS is currently in active proceedings targeting Pyatt and et al and recent disclosures have stated all the targets are currently in settlement discussions thus MSLP release.

[SurgeGuy2.0]

Nothing logical dealing with a SKANK of a CEO here.....lolzzzzzzzzzz

[bUrRpPPP!]

Sounds logical. thanks!

[Madcowelixir]

burp....

My view is simple....the former officers who received the undeclared benefits in the non compliance of the unreported stock options and perks are currently being prosecuted as individuals and that is why the IRS allowed the corporation to shed the liability under the statute of limitations. The penalty owed to the IRS did not expire, simply the target of the payer responsible has been defined and proceedings are currently underway.

[SurgeGuy2.0]

Looks like a total SCAM!!!!!! GL, maybe some actual DD for a change?

[SurgeGuy2.0]

No one cares because this is a pmp and dump! lolzzzzzzzzzzzzzzz

Welcome!

[bUrRpPPP!]

Would like your thoughts about this news from last night....been quietly watching this board and appreciate all the info you have shared...

MusclePharm Closes Potential $7.3 Million Liability with IRS

[Madcowelixir]

Get a clue.

The only reason this stock bounced is due to the active hearing currently in front of the judge in the lawsuit brought by WW. WW offered $2 a share a couple years ago for the convertible debt that Ryan converted at a much lower price subsequent and that is not going over well in the case as shareholders would seem to have been screwed so Ryan transferred the ~750k corporate shares with a dealer and have been manipulating the share price as window dressing trying to deceptively show shareholder have not been hurt but this was temporary and any fools buying or even not selling into this fraud deserve what they get.

Also why another Accounting Firm ran away as penalties are stiff when they discover the fraud and continue to participate. The firms can only pretend they were dupes for so long before that excuse expires. Hence the revolving door continues.

[AskMuncher]

$MSLP MusclePharm Names 11th Largest Accounting Firm, Moss Adams, as Independent Auditor
Press Release | 07/20/2021
CALABASAS, Calif., July 20, 2021 (GLOBE NEWSWIRE) -- MusclePharm Corporation (OTCMKTS: MSLP), a global provider of leading sports nutrition & lifestyle branded nutritional supplements, announced today that the Audit Committee of its Board of Directors has engaged Moss Adams LLP to be the company’s independent auditor for the fiscal year ending December 31, 2021. This engagement follows a careful review by the Audit Committee of Moss Adams LLP’s qualifications to serve as independent auditor of a fast-growing public company in this industry and the completion by Moss Adams LLP of its client acceptance process.

Mr. Ryan Drexler, MusclePharm’s CEO and Chairman of the Board, stated, “With the launch of MP Performance Energy, which is slated to begin distribution this summer, we are excited about the future of MusclePharm and look forward to working with Moss Adams as our independent auditor.”

Forward-Looking Statement

This communication contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, relating to our business and financial outlook, which are based on our current beliefs, assumptions, expectations, estimates, forecasts and projections. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “projects,” “intends,” “predicts,” “potential,” or “continue” or other comparable terminology. Such forward-looking statements only speak as of the date of this press release and the Company assumes no obligation to update the information included in this press release, except as required by law. Statements made in this press release that are forward-looking in nature may involve risks and uncertainties. Accordingly, readers are cautioned that any such forward-looking statements are not guarantees and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, without limitation, risks relating to consumer spending may decline or that U.S. and global macroeconomic conditions may worsen resulting in reduced demand for the Company’s products, risks relating to changes in consumer preferences away from the Company’s offerings, risks relating to the effectiveness and efficiency of the Company’s advertising campaigns and marketing expenditures, including existing brands and the launch of new brands, which may not result in increased revenue or generate sufficient levels of brand name and program awareness, risks if the Company becomes subject to health or advertising related claims from its customers, competitors or governmental and regulatory bodies, and risks relating to increased competition from other nutrition providers. As a result of these various risks, our actual outcomes and results may differ materially from those expressed in these forward-looking statements.

This list of risks, uncertainties and other factors is not complete. We discuss some of these matters more fully, as well as certain risk factors that could affect our business, financial condition, results of operations, and prospects, in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and in subsequent reports we file from time-to-time with the SEC, which are available to read at www.sec.gov. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the results of any revisions to the forward-looking statements made in this press release.

About MusclePharm Corporation

MusclePharm® is an award-winning, worldwide leading sports nutrition & lifestyle company offering branded nutritional supplements. Its portfolio of recognized properties include the MusclePharm® Sport Series, Essentials Series, and recently-launched Natural Series, as well as FitMiss™ – a product line designed specifically for female athletes. MusclePharm® products are available in more than 100 countries globally, with its Combat Protein product lineup being the company’s most popular.

Contact:

John Mills, Managing Partner
ICR, Inc.
646-277-1254
[e-mail]

[SLC-JD]

It's a bit weird that they were pumping out nearly weekly PRs dating back to March 30, but it's now been a month since they've said a word.

[Stock_Dog]

Hahaha. Still cheap at this price. Just have to get your tickets soon.

[turokman]

Correct sir . My only regret is that I didn’t buy more. Oh wait , no it’s not. ??

$MSLP

[Stock_Dog]

I think everyone is holding onto their shares. Waiting for that ticket to the moon.

[Jimmy Swaggert]

Hell Yes! $MSLP

[MikeyInTheD]

Imagine what will happen when this trades 500k shares in a single session. It’s still the early innings in this run since volume is so low still.

[MikeyInTheD]

My $15 price target is looking less crazy every day.