Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Other expense, net, for the fourth quarter of 2017 was $1.5 million with the increase primarily due to interest expense related to an increase in borrowing.

Net revenue for 2017 was $102.2 million, compared with $132.5 million for 2016. Gross profit margin for 2017 was 29.8%, compared with 33.6% for 2016.

Piling on $9m more debt in Q4 while annual revenues crash -30% and margins are down 400 basis points. Think about that......MSLP borrowed $100K every day in Q4 to stay afloat. Are they fully tapped out now with Prestige and Crossroads on the Accounts Receivable sales and Inventory collateral lending agreements? We'll find out when Q1 '18 numbers are released in 45 days.

"Turnaround Complete!!!"

"But did you see my new wrestling mats and what I ate for lunch on Instagram?"

Who would have thunk CEO Brad could post better profit margin than a chimp or a trust fund baby?