Muscle Pharm Corporation (MSLPQ)

[SLC-JD]

On October 20, 2017, the Special Committee of the Board of the Issuer declined Amerop’s proposal to acquire $18 million of newly issued shares of Issuer Common Stock at a price of $1.96 per share and on the terms set forth in the term sheet that Amerop submitted to the Special Committee on October 17, 2017

Nice try, but you're clearly lacking in legal skills. Or maybe just comprehension. The term sheet was not the offer. However, the terms of the offer were as set forth in the term sheet.