Muscle Pharm Corporation (MSLPQ)

[ericrez]

It looks to me like the $4.3M will be in the Q2 report. If they were able to produce the products in the first quarter then they should have made over $23M in Q1.

They obviously need to raise capital for production. It's baffling to think they couldn't more accurately forecast the demand and be better prepared for it. A very costly mistake for all involved.

From th 10K: "The Company records revenue when all of the following have occurred: (1) persuasive evidence of an arrangement exists, (2) product has been shipped or delivered by the third party manufacturer, (3) the sales price to the customer is fixed or determinable, and (4) collectability is reasonably assured."

That tells me they shouldn't have counted the $4.3M in Q1. Lets just hope they can do a better job meeting demand in Q2 and the rest of the year. If so, they should do well over the $75M they forecasted.