Muscle Pharm Corporation (MSLPQ)

[Madcowelixir]

Ryan has been desperately cashing out his last remaining "personal assets" the past year IMO. I personally believe the money his sister transferred to him (by my best guess around $20m) that he poured into the convertible to avoid it becoming part of her divorce settlement, is now lost. Her husband sued her and the Drexler family for fraud.

https://nypost.com/2016/09/14/trust-funder-wife-ripped-me-off-in-business-deal-agency-chief/

But Ryan just sold his remaining real estate property....the house in Bev Hills to former Pimco bond king Bill Gross' young daughter as they shared a driveway on the property. The sale was at a huge discount and went for $20m coincidently.

Doesn't take a rocket scientist to speculate his sister wanted her money back ASAP and Ryan couldn't find the funds to even pay his property taxes on his Malibu house that is torn down and is now "embezzling" $7k a month from the company and shareholders for a rental home. He "embezzled" over $50k for moving expenses too.

This is all my speculation and opinion of course but it is all makes perfect sense and Ryan is now likely broke as a joke and has squandered his entire trust fund that daddy Halbert gave him.

Wonder if Ryan has sold daddy's Silver Lambo yet?

Maybe Sabina instead of trolling me, actually did some research on the information I posted and found it credible and realized she is an idiot.

On July 6, 2022, Sabina Rizvi notified the Board of Directors (the “Board”) of MusclePharm Corporation (the “Company”) of her resignation as President and Chief Financial Officer of the Company, effective July 22, 2022.

I don't see where Sabina resigned from the BOD and Ryan has had his salary slashed to $200K per year for as long as the roughly $10m in notes is outstanding. Remember Ryan couldn't even pay the interest payment, much less any principal on the previous maturity date. It's possible the "mystery investor" has some relationship with Sabina and she is stepping away before the "foreclosure" proceedings.

Ryan listed the Bev Hills home in 2020 for $32m and sold it recently for $20m at a fire sale price. (desperately needed the cash to repay his sister?)

https://www.dirt.com/gallery/more-dirt/heirs-heiresses/jennifer-gross-house-beverly-hills-1203565794/

https://www.latimes.com/business/real-estate/story/2020-07-01/former-beverly-hills-home-of-developer-paul-trousdale-asks-32-million