Muscle Pharm Corporation (MSLPQ)

[SLC-JD]

This is an interesting case, as it's a Ch. 11 filing (reorganization), but seems to be progressing more like a Ch. 7 (liquidation). There was never much doubt that Empery had zero interest in allowing the company to survive if doing so would impede its attempt to recover as much $$$ as possible through an auction of assets.

Assuming that the corporate entity does survive the asset sale, it is highly likely that it will cancel all outstanding shares as it emerges from BK, and get shopped around as a vehicle for something else to reverse merge into.