Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Conversion price is fixed (for 5 years) regardless of all the yada yada yada you are attempting to assess to this specific financing vehicle. Do the math and you get a ~400% APR on this 180 day deal. I didn't read all the terms nor did you as they have not been released. I don't need to as I know what these deals are and what they were designed to accomplish by the financier.

This entire Soprano's style street money deal shows you exactly desperate Ryan is as all his suppliers are cutting him off for non-payment. MSLP owes over $30m in overdue invoices and can't get inventory.

All the hard assets have been sold and all the Accounts Receivable have been sold via Crossroads and Prestige at their 25% shylock rate.

This "energy drink" thing is just a desperate "pivot" like a gambler who has lost everything at the table is borrowing street money for a "Hail Mary" even the though the vig is too exorbitant to ever recover.

When does Joe C sue for his unpaid 17.5% gross commission if any significant cans ever sell which they won't. Joe knows this and is why he was able to leverage Ryan's desperation into a $20k a month SALARY deal that has no minimum sales requirements on Joe's part.

MSLP's only viable sales channel is the Protein Powder tubs at Costco and that is why sales have fallen over -70% under his "grand plan" and lack of any funds/willing suppliers to take credit are prohibiting him from filling this channel.