Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Interesting only if you're a fanboy.

MusclePharm is bankrupt. Product rejection, operating losses and cash burn has accelerated. So has debt as any hard asset has now been borrowed against. Revenues are crashing. Ponzi is over.

Amerop has no intention of making a legitimate offer that has the possibility of closing as any idiot who performs due diligence sees bankruptcy.

MusclePharm's $17m convertible due in 7 days is only part of the massive debt at junk interest. Prestige 20%, CrossRoads 18%, Man City settlement 15%, etc.....

It might be interesting to you fanboys to watch all 9 innings, but it's a blowout and the outcome has already been determined.

Arbitrage guys are not ignoring a legit 90% spread on todays closing and Amerop's fake interest @ $1.98; they know it's fantasy island........da plane, da plane, boss..........

Merry Xmas S777 while you wait until the 12/25/2017 expiration of the Wynnefield/Drexler standstill agreement. It will be a lump of coal.