Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Ryan doesn't have that luxury. Can't even pay Bakery Barn the Combat Crunch Bar manufacturer so that revenue stream is no more.

Ryan's modus operandi has been to stiff the unsecured suppliers and marketers for as much as possible for as long as possible until they are forced to file a lawsuit.

Then Ryan threatens bankruptcy to get them to settle for pennies on the dollar spread out over years all the while raising his own salary and bonuses every year from about $500k his first year to $1.6m as of 2021 all the while revenues have declined over -80%.

This is how he has financed the losses since his ascension to CEO.

Remember the Capstone lawsuit? Excelsior4 lawsuit? Nutrablend lawsuit? TWO separate Bakery Barn lawsuits? Thermolife lawsuit? Arnold Schwartzenegger lawsuit? Tiger Woods lawsuit? Manchester City lawsuit? etc....... All told I am guessing well over $40m was essentially stolen, grifted or not paid and then as cherry on top was reported as profit on the financials covering up even greater massive operating losses.

Ryan falls delinquent on his personal residence property taxes so what does he do? Hires one of his party boy friends as compensation committee chairman and gets MSLP (hence shareholders) to give Ryan $7,000 a month for a rental home for himself.