Muscle Pharm Corporation (MSLPQ)

[Deep Space]

From reading some of the valuations on the board and from drawing my own conclusions I figured it as a good entry.The company is not bleeding cash NOW as much as expanding and needing additional capital for the next push of products and endorsments and marketing efforts.I think the 1Q will show the bleeding has stopped as talked about in the CC.Frost is ON board and did so knowing more capital would be needed here and he got a Better deal than yesterdays.Approx 700,000 shares for 6 million is not exactly a warrant or even a bad deal for either side I am sure.I would be concerned if they go over 20 million in new financing as stated earlier and so far it is not.Remember JLTG going with 10 million OS as a figure of value.They have not provided detail guidance yet in terms of capital needs moving forward this year,however they did with recent capital,and they probably did to the 3 accredited investors at $8.50...I jumped on just under 7.00 and I do not need a much more detailed valuation as others may.I think the financing will be shown for a good reason.