Muscle Pharm Corporation (MSLPQ)

[Odessa99]

Steeler1, the way a put option works is that the holder has the right, but not the obligation, to 'put' the stock to the obligated buyer. In this context, to 'put' the stock means to require the obligated buyer to purchase the stock at the contractually agreed upon price. Since Muscle Pharm holds/owns the put options (they paid money up front to buy these put contracts), Muscle Pharm can use this agreement as an opportunity to raise money when they feel they need it, but can also decide to not exercise any more puts if/when they decide they do not need to raise any more funds. Hope this helps. Go MSLP. GLTA

I thought i read that Southridge was obligated to buy 10 mill worth of stock.