Muscle Pharm Corporation (MSLPQ)

[TheExpertHimself]

This kind of equity compensation is completely wasteful and disrespectful to the shareholders. Also, it makes you wonder if there won't be much more stock option grants given next year to retain employees...because if you get all the unvested stock options of the future, only incentive to stay should be the promise of more stock grants.

Vested, unvested means little at Musclepharm...other than when you can get the equity...not whether youll get it. Youll get it, don't worry!

Incentive with zero exercise price is kind of weak. Let's say the exercise price is $10, and the stock drops to $11 from $15 because of poor performance of the company...that hurts! It even hurts more if the price drops below $10. Exercise price $0....what is the stock option element in this? what a poor incentive, no matter what youll get something.