Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Did anyone think about this?

CEO Ryan is paying himself almost $8,000 ........A DAY......EVERY DAY.......EVEN SUNDAYS AND HOLIDAYS.......for the interest payments on the MSLP operating losses.

$8,000 a day even before salary, bonus, stock options

Ryan is paying himself $700,000 per Q (every 90 days) for interest.

This is occurring as Revenues continue to contract and are now on a $90m 12 month run rate.

Ryan is paying himself nearly a 3% revenue tax right off the top line. That is crazy as it is before any interest payments to Prestige @ 20% and Crossroads @ 18%.

As revenues continue to decline the % revenue tax goes UP as no principal is ever repaid