InvestorsHub Logo
Followers 0
Posts 602
Boards Moderated 0
Alias Born 04/14/2014

Re: None

Monday, 08/04/2014 5:40:20 PM

Monday, August 04, 2014 5:40:20 PM

Post# of 80868
It began this way and hasn't slowed yet. Dilution is outgrowing Sales 2:1

At the end of 2011 MusclePharm had 713,000 shares outstanding. As of the most recent report from November, 2013 there were 8,865,990 shares outstanding. This represents an increase of 1243% over the course of less than two years. For reference, during the same period, sales increased from $17.2M to $89.9M equating to an increase of 523%