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Friday, June 08, 2012 3:35:01 PM
In January 2012, the company instituted a convertible debt retirement program under which it would retire all of its outstanding convertible notes. Under the program, the company has used cash flow from operations, as well as mezzanine financing, to retire the notes. MusclePharm has retired $5.5 million of derivative financing instruments with $3.0 million cash and 55 million shares of common stock.
http://finance.yahoo.com/news/musclepharm-completes-retirement-convertible-notes-130000976.html
What would the value of these shares be? if the rest of these notes were paid in CASH as stated?
I don't know everything by any means, but I don't make stuff up....and I also apply my knowledge to what I can with MSLP...and I'm learning more as we go....
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