Muscle Pharm Corporation (MSLPQ)

[rOOph]

MusclePharm Corporation (OTCQB: MSLP), a fast growing company that develops and markets sports nutritional supplements which address active lifestyles, announced today it has closed a $2.5 million common stock offering. MusclePharm entered into subscription agreements with accredited investors whereby it sold 238,096 restricted shares of its common stock at $10.50 per share.
The Frost Group, LLC ("Frost"), headed by Miami entrepreneur Dr. Phillip Frost, was the lead investor in the offering. This marks the second investment Frost has made in MusclePharm. In February 2013, Frost invested $2.9 million as the lead investor in MusclePharm's previously completed $12 million financing.

Commenting on the announcement, John Bluher, co-Chairman and Executive Vice President, stated, "We appreciate the confidence Dr. Frost's additional investment displays in MusclePharm. The investment further increases both our working capital and shareholder equity, while helping fuel our revenue ramp and transformation into a worldwide leader in the sports nutrition market."

This release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of MusclePharm, nor shall there be any sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

That's the PR, if you get

From what I understand the pr is saying that frost sold his stock that he bought in at 8 dollars for 10 a share. Somebody read the latest pr carefully and let me know what u think.

Seems like some are misunderstanding the pr

then I need to go back to reading comprehension 101