Muscle Pharm Corporation (MSLPQ)

[TheExpertHimself]

A 10% cap on employee equity dilution effective 2016 in the articles of corporation and an immediate separation of the board and the management would be clever moves by the board, right at this moment.

Furthermore, limitations to pledging of executives stocks as well as encouraging executives to diversity part of their wealth away from Musclepharm stocks.

I don't want executives to get hurt, neither do I want non insider shareholders to get hurt. A culture of risk taking is great, as long as it is not excessive risk taking.

Also, I would encourage the board to have a deeper dialogue with institutional investors than just advisory votes in proxies. They voted against the plan last year, so perhaps it was time to listen more and come up with solutions that will be approved with 90% of non insider votes.

Musclepharm is getting the reputation by customers as well as investors as a company unwilling to listen to anybody...and a company with Californian PR guys telling you how to spin every situation.
A culture of honesty and fairness is what works.

Musclepharm needs a culture change, and tomorrow should be the day.