Muscle Pharm Corporation (MSLPQ)

[prokopton]

Sept. 20, 2011 /PRNewswire/ -- MusclePharm Corporation (OTCBB: MSLP.ob - News ), an expanding U.S. nutritional supplement company ("MusclePharm" or the "Company"), is pleased to announce John H. Bluher has been named Chief Operating Officer and Executive Vice President for MusclePharm Corporation ("MSLP").

IMO, Bluher is the problem. He's had 1.5 years to fix the company and hasn't done it. Losses have only escalated under his watch.

I'm not sure if it was you or someone else who wrote a few days ago that wrote Bluher intends to "apply EBITDA to operating losses." Whoever said it, and if it was Bluher, is utterly confused about accounting. There is no such thing as applying EBITDA to operating losses. However, there is such a concept as carrying past losses and applying them to future earnings to reduce taxes.

Lawyers are used to making presentations in front of crowds. It's part of their job, so of course he's going to look good. Bluher is a career lawyer and would be completely lost in front of a SAS, SAP or Oracle Enterprise module. Bluher knows next to nothing about supply chain management. He's the one doing the swindling, if shareholders aren't careful.

How do you know when a lawyer his lying? When he moves his mouth.

Please take Turokman back to the dungeon.