Replies to post #2644 on Muscle Pharm Corporation (MSLPQ)

[leanandmean]

Yes, they have received two payments.

http://www.sec.gov/Archives/edgar/data/1415684/000114420410065889/v205224_8k.htm

Item 1.01 Entry into a Material Definitive Agreement.


On December 1, 2010 (the “Closing Date”), MusclePharm Corporation, a Nevada corporation (the “Company”), entered into a (i) convertible promissory note of up to $1,650,000 (the “Note”) and (ii) a registration rights agreement (the “Registration Rights Agreement”), with one accredited investor (the “Investor”). Pursuant to the terms of the Note, it is anticipated that the Company will receive (i) $200,000 within five (5) business days of the Closing Date; (ii) $200,000 within ten (10) business days of the Effective Date; (iii) $250,000 within (45) business days of the Effective Date; (iv) $250,000 within ninety (90) business days of the Effective Date; (v) $250,000 within one hundred thirty five (135) business days of the Effective Date; and (vi) $250,000 within one hundred eighty days (180) business days of the Effective Date.