Muscle Pharm Corporation (MSLPQ)

[jwblue74]

I predict they will make this by next Quarter (2nd) alone. Also, there new Compensation Bonuses will now be issued out by performance of net margins & income so I expect these numbers to rise if they want there bonuses.

The Board engaged Strategic Apex Group, LLC of Los Angeles, an executive and board compensation consulting firm, to review, analyze and compare MusclePharm's executive compensation policies and structure with competitors and industry peers. As part of the engagement, Strategic Apex Group has been tasked with devising a new plan that fairly compensates the Company's executives based on performance and provides long-term incentives, grows executive ownership and aligns compensation with growth of margins and net income.

The Company said that senior executives Brad Pyatt, Cory Gregory, and Jeremy Deluca have agreed to release their current compensation agreements, which were entered into last year, and execute new agreements effective May 1, 2012 for the current year. Strategic Apex Group will provide analysis on a market based compensation plan to implement for the Company's executives.