Muscle Pharm Corporation (MSLPQ)

[TheExpertHimself]

it worries me that the company's management's pursuit of stocks in the company has come at the expense of reasonable liquidity management.

However, in case ANB pulls the trigger and sells the stocks in escrow, that might be the end of this board and management though....so, as I see it, the burden lies on them.

It is disgusting that they are so comfortable with granting themselves millions of shares when they lose people's money and the company is in dire need of cash. Not sure I have seen any other company gambling that much and believing that strongly in 50 cents' motto: "Die rich or die tryin!"

What can we do about it? We could contact Wynnefield, the board perhaps and demand some more action....or sue them I suppose.
It's hard for us to do much if they don't care about anybody else than themselves.

Fact is that the executives at Musclepharm have caused losses for all long term investors to pay themselves in our stocks, and that the company's concern for the guy on the floor comes down to allowing them to buy their stocks at a discount as proposed in proxy.

When the company enter the Nasdaq arena, large executive pay packages and staged conference calls become a little harder....as analysts and institutional investors there are a little less your friends....but guys with billion dollar reputations.

I have a feeling that Musclepharm has no urgency entering smallcap Nasdaq arena sooner than necessary because of what I just told you.