Muscle Pharm Corporation (MSLPQ)

[prokopton]

IMO, the actual CLOSING (not fluff PR, amended SEC filing) of the placement does clear up uncertainty about the company's future for the next 6-12 months. Now, they have some money to continue operations.

Due to its checkered background of dubious (some would say fraudulent if taken collectively) announcements , management should issue press release only when an agreement is legally binding, like the one today.

I'm sure Mr. Frost and his team stipulated certain conditions on how the company should operate going forward before they signed the deal. IMO, $4-$5 is a sensible entry point for a 9 month time frame.

There's still a long ways to go but today's agreement is a good start.