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Re: None

Friday, 02/06/2015 9:39:14 AM

Friday, February 06, 2015 9:39:14 AM

Post# of 80868
The management and board had 3 million shares that were authorized to issue to employees from 2013 and beyond. This was probably Frost's restriction to give them money in the pipe deal of 2013.

Surprisingly, Musclepharm issued half of the 3 million shares in 2014. It makes you wonder whether those shares were issued so fast to cover employees from potential charges from the SEC investigation?
The SEC might tell employees to cancel stock grants as a compensation to investors, and if the employees didn't have any stock grants yet, they might have have a problem paying a compensation.