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Re: None

Friday, 05/01/2015 7:22:26 AM

Friday, May 01, 2015 7:22:26 AM

Post# of 80868
IMO Musclepharm got the most opportunistic executives on the planet.

Frost and Schwarzenegger were used a bait to get us in....with no chance whatsoever of a return. Shame on them for participating in this and using their name on this!

If the executives are gonna dilute the stock at 20% each year....then what is left for shareholders with no profitability in sight and management that is unseasoned? None of these executives have ever been in charge of any important companies, and they have never managed to post positive earnings as they have never lived to up to their fiduciary duties imo (legal stuff).

Not only that, they trick us to stay in the stock when the price is high, by not communicating to us with shareholder letter, not facing us after conference call.

If Wynnefield Capital, that most definitely won't make any return whatsoever on it's investment, finds something questionable about this company and sues them successfully....thank you very much.

Wynnefield Capital bought with average cost of $8.90....and he saw Brad buying at the $11 t0 $13.5 level, read that Brad was against dilutive financing in past shareholder letters....so how should he expect the management was gonna dilute this stock down to below what he bought for?

It is like if you invest in rental building, that never returns you any money, and somebody else takes 20% each year, then tell me how you are gonna make money?

Wynnefield Capital can only get his money back by suing the company and hopefully winning the case.

If it can be established that the executives have failed on fiduciary duties there is a theoretically chance.

I believe pawning the entire business while spending excessively and diluting the company excessively at the same time are good examples of failure of living up to fiduciary duties.

In particular for a business where a certain level of liquidity is key and the credit history is not the greatest.