Followers | 7 |
Posts | 1577 |
Boards Moderated | 0 |
Alias Born | 02/27/2014 |
Thursday, March 19, 2015 12:30:15 PM
Nobody will buy legal liabilities....that's not happening.
It's no problem as Musclepharm has posted many losses it can offset in the profit from sale of the company, basically paying very little tax on the transaction.
It's a wise move and the value creation can be credited entirely to Brad Pyatt.
Now he might be preparing for this to happen by buying back apparel and consolidating manufacturing.
With all the money from the sale, then Brad will be fully protected financially against litigation and he could write himself salaries for handling this protection as well.
Later on, with the money he gets, he can start another sports nutrition company if he feels like it.
I have the feeling that it is the same people running Beast Nutrition as those that created BSN. Both companies come from Boca Raton, Florida.
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM