Muscle Pharm Corporation (MSLPQ)

[Cowboy200009]

StockBrainiac.com Breakout Watch List: Muscle Pharm Corp. (OTCBB: MSLP)

NEW YORK, NY--(Marketwire -04/23/12)- http://www.StockBrainiac.com, The U.S. leader in micro-cap alerts, offers quality stock alerts to investors looking for the best picks in the market! Stock Brainiac provides its subscribers with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver gains of 50%-100% or more. Stock Brainiac is the #1 free financial newsletter in the industry. In 2008, its editor received the Hedge Fund Trader of the Year Award for performance on his equity portfolio! He will ensure that you receive only the best alerts and analysis around! In order to receive the FREE, comprehensive newsletter:

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Stock Brainiac specializes in finding companies ripe for a profitable turnaround or a technical breakout, and today announces four stocks to watch closely.

Rackwise Inc. (OTC.BB: RACK.OB - News)

Regency Resources Inc. (OTC.BB: RSRS.OB - News)

Potash America Inc. (OTC.BB: PTAM.OB - News)

Muscle Pharm Corp. (OTC.BB: MSLP.OB - News)


Breaking News Alert: Muscle Pharm Corp. (OTC.BB: MSLP.OB - News) Provies Update on Corporate Initiatives. Muscle Pharm Corp. (OTC.BB: MSLP.OB - News) is finalizing agreements with two top U.S. retail chain stores to supply MusclePharm supplements and its MMA Elite branded product. These two chains have more than 9,000 stores combined nationwide. In addition to its recent entry into Canada, MusclePharm is utilizing capital to expand sales and distribution into international markets, initially focusing on the European Union, the United Kingdom, Brazil and the Middle East.

The Board of Directors has resolved or adopted the following measures:

To establish a five member board, with three independent directors, by no later than May 31, 2012. Board invitation letters and directors and officers questionnaire forms were approved;
Charters for the Compensation Committee, Audit Committee, Nominating and Corporate Governance Committee;
A new stock trading policy for employees and contractors was adopted;
A hotline policy was adopted;
Corporate Governance guidelines and a Code of Ethics were adopted;
An audit pre-approval policy for the Audit Committee was established; and
A form for an Omnibus 2012 Employee Stock Incentive Plan and forms of performance-based awards were adopted.

This news comes at a time when Muscle Pharm (OTC.BB: MSLP.OB - News) stock has been skyrocketing gaining 41% on Friday, April 20th, 2012. I expect Muscle Pharm (OTC.BB: MSLP.OB - News) to continue its breakout and move higher throughout the upcoming week.

http://finance.yahoo.com/news/stockbrainiac-com-breakout-watch-list-122500132.html