Muscle Pharm Corporation (MSLPQ)

[dakotaben]

I am here as a potential investor and looking for your insight.

1. Does anyone have an address for the musclepharm sports science center? I noticed they have about 800k in "furniture and fixtures" and I would assume that this is in the training center... and about 500k was added in just the past 3 months. It would be good to know if this place actually exists. JUST to be sure.

2. "During the nine months ended September 30, 2011, the Company issued $3,798,733 in convertible debt – secured – derivative liabilities." VS "During the six months ended June 30, 2011, the Company issued $3,735,733 (net proceeds was $3,443,990) in convertible debt – secured – derivative liabilities." It looks like they have slowed down a little, which seems good!

3. "Interest Expense" and "Derivative Expense" ... these are generally having to do with the cost of having debt. According to the Q, they actually are MAKING money off of the debt they have? I am no accountant, but can you guys tell me how this could happen? We are talking about a million dollars of money that would take away from the net income. Also, just noticing that they did not write off any bad debt and it looks like they did last quarter. Any thoughts on that?

4. Am I reading it correctly that they have absolutely no cash? How can they stay in business? "The Company needs to continue to raise money in order execute the business plan." You know what that means...


5. Has dilution slowed?

Your thoughts or insight would be appreciated? As a side note, I am very excited for this equity, just want to make sure my ducks are in a row.