Do the math. The guy was bankrupt in 2008. Add his excessive comp over the past five years. You can't get to $6.5 MM after tax. I fear that this is a bonus.
I should sell at $9...Musclepharm is a worthless stock....unless Brad Pyatt is pushed away by activist investors.
Schiff Nutrition was growing slowly but it was profitable....it wasn't some gamble for a young kids aspirations to become rich like Mark Zuckerberg....Musclepharm is not profitable....and what's worse, cash flows are all negative.
If it wasn't for some nice assets given by Frost through the Biozone acquisition....Musclepharm would have liquidity problems right now.
The right way to say thank you to investor Frost is by diluting the stock to this extent? Nobody needs a plus $6 million compensation for running a company that sells for $180 million...it's nuts!