Muscle Pharm Corporation (MSLPQ)

[deafelephant]

Capstone vs. MusclePharm

"Third-Party Manufacturer Dispute
The Company is engaged in a dispute with Capstone concerning amounts allegedly owed under the Manufacturing Agreement. Capstone claims that it is owed approximately $22.0 million in outstanding payables. The Company disputes Capstone’s claim, and claims that Capstone owes the Company at least $13.5 million in losses caused by, among other things, Capstone’s failure to timely manufacture and supply the Company’s products. On February 12, 2016, Capstone commenced a mediation with the American Arbitration Association. As of the date of this report, the mediation has not yet been scheduled."

It seems mediation failed.

http://www.secinfo.com/d14D5a.wFFGm.12.htm