Muscle Pharm Corporation (MSLPQ)

[KMart830]

Euc, here is some information for you and possible motivations for the foreign listing,

Cross Listing



The practice of listing a stock on a foreign exchange in addition to a domestic exchange is called cross listing. This is done through the issuance of stock to a foreign bank, which then issues depository receipts that trade on the foreign exchange. The receipts transfer to their foreign owner all the rights of stock ownership, including dividends paid in the local currency. Though the value of the depository receipts is the same as the underlying stock in theory, fluctuations in the currencies or additional administrative costs could result in minor discrepancies.


some more reading material for you on cross listing and possible motivations, i believe it is to create more liquidity, why? we'll have to see
http://en.wikipedia.org/wiki/Cross_listing

as far as your other question goes, I haven't been able to find anything in regards to the "how" , but My opinion, is that it is going to convert a/s to o/s, like i said in the earlier response to you, creating liquidity on another exchange without diluting the new shares into the american market, they will be sold to the german depository to trade on their micro exchange...

Motivations for Cross-Listing


The How and Why: " Cross listing " can lead to increased stock liquidity and a decrease in a cost of capital. Cross listing of shares is when a firm lists its equity shares on one or more foreign stock exchange in addition to its domestic exchange Examples include: American Deposit Receipt (ADR) European Depositary Receipt (EDR), International Depositary Receipt (IDR) and Global Registered Shares (GRS).
(Study)...finding suggests that the stock market expects the cross-listing to have a positive impact on firm value.Doidge, Karolyi, and Stulz (2004) [5] show that companies with a cross-listing in the U.S. have a higher valuation than non-cross-listed corporations, especially for firms with high growth opportunities..."