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Re: johnnytrader33 post# 17543

Monday, 04/02/2012 11:44:37 AM

Monday, April 02, 2012 11:44:37 AM

Post# of 80868
issued 1.5 billion stocks last week ... whats the truth someone says that this is autorized but not float , I see clearly stated on the 8k last week that shares were incresead from 1 billion to 2.5 billion this would be huge dilution isnt it ? someone please clarify what happens next ? do this shares will invade the market and plummet ps ? will it ? when ?

"
On March 26, 2012, MusclePharm Corporation (the "Company") filed an amendment to the Company's articles of incorporation with the Secretary of State of the State of Nevada, to increase the Company's authorized common stock from one billion (1,000,000,000) shares of common stock, par value $0.001 per share, to two billion five hundred million (2,500,000,000) shares of common stock, par value $0.001 per share. "