Muscle Pharm Corporation (MSLPQ)

[TheExpertHimself]

The Schwarzenegger agreement is good.

I didn't cause the stock to drop today, but I did express concerns regarding the Arnold Schwarzenegger deal only lasting three years, referring to some information I picked up in one of those blogs that insinuate that something is wrong with Musclepharm.

So, let's see what the exact wording of the Schwarzenegger agreement is regarding the three years:

The Agreement shall have an initial term of three (3) years commencing on July 26, 2013, however, the Agreement shall automatically extend for two additional three-year terms if certain net sales milestones are met, as specified in the Agreement.

So, my concerns were groundless, same as Bellator_Exec's concerns.

MUSCLEPHARM HAS TO MEET certain net sales milestones with Arnold Schwarzenegger. So, Musclepharm has to sell that line through a high volume channel like Walmart and Sam's Club. Other lines can be targeted more specifically for the specialty retail channel, but not the Iron line.