Muscle Pharm Corporation (MSLPQ)

[codie]

It's pretty simple.

Drexler didn't go into this with bankruptcy in mind. I'm sure he thought he could turn things around.

But he got in too deep. Made some stupid, desperation moves and now plans have changed.

He has since structured his notes making him the only secured creditor. Bankruptcy is the only way to possibly salvage his investment.

What is crystal clear though is that Musclepharm is done. There is no turning this thing around. Their momentum is gone. They squandered their opportunity they had 3 years ago.

How long have they been in business now? 8-9 years? And they have lost hundreds of millions.

It's funny how people fall in love with their investments and throw all common sense out the window to rationalize their reasoning. This flaw is what separates the losers from the winners. And it's clear from the posts on here who is who.