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Friday, April 03, 2015 5:48:24 AM
The warrants must be free because paying $200 million for a US based contract manufacturer with 320 million revenue where approx. 30% ($90 million) depends on Musclepharm, that seems completely unrealistic to me.
The contract manufacturer business could have been good if the dollar had remained strong but everybody is looking for suppliers from outside America right now....essentially making this an unwanted asset at the moment.
That Penske Logistics building in Tennessee may very well become empty again if H.I.G. and Musclepharm don't work out a workable deal.
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