Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

No. You're misinformed.

Buck bought Arnold's (Marine LLC) 780K shares in a private transaction. Arnold in his legal settlement with MP demanded a bulk private transaction as part of the settlement when he saw the former MSLP CEO John Price resign from MSLP and take the CFO job at AllianceMMA and see his 150K MSLP share open market liquidation drive the price down 50% in 2 trading sessions.

Arnold also received a $1m immediate payment in Jan '17 with $2m payment due July which in Q2 earnings release is mentioned as paid as of June 30 but I don't see the payment on the balance sheet. I have written much about this recently.

Buck bought Arnold's 780K shares in a private transaction @ $2.15 and the remaining ~1.3m shares Amerop purchased on the open market @ $2.00 and above.