Replies to post #12067 on Muscle Pharm Corporation (MSLPQ)

[Odessa99]

[Odessa99]

Oldengray, thanks for the explanation. I missed that contractual clause. Go MSLP.

The reason the Authorized Shares have been raised concerns the agreement with Inter-Mountain. MSLP is required to keep in reserve 1.5 times the shares required to settle 100% of the debt due. The PPS drop from .012 to .006 meant MSLP needed to double that reserve.

[Bulldog2]

Awesome analysis oldengray! thanks.

[turokman]

So according to google there are 381M shares outstanding.

If the A/S is 1B, does that mean they only have 19M more shares to dilute with in accordance with the intermountain deal to abide with the 1.5x clause you just mentioned?( 381 + 19) + ( 381 + 19 ) * 1.5 = 1B

Does this also mean a/s will be increased on the next leg down?