Replies to post #12466 on Muscle Pharm Corporation (MSLPQ)

[BenF]

Please explain how positive interest & derivative expenses are shown in the latest quarter.

First of all this is a great message board, unlike Yahoo and other places there are pro-active investors protecting their interests. Both the bull case & bear case.

Looking at the financial results for latest quarter, this company's sales is 5.7 Mil , cost of sales is 3.8 Mil, but administrative expenses are 4.3 Mil. So Loss from Operations is actually WIDENING, suddenly this quarter interest expenses and derivative expenses have become positive instead of negative (How so? Is this a finance company lending money?) Take a look at the SEC filing below:

http://sec.gov/Archives/edgar/data/1415684/000114420411064430/v240359_10q.htm

Specifically this part:

Other income (expense)

Interest expense
499,800 (231,739 ) (3,002,589 ) (900,886 )
Derivative expense
481,667 - (3,576,192 ) -
Change in fair value of derivative liabilities
1,547,185 - 2,181,955 -
Loss on settlement of accounts payable
- (364,472 ) (2,542,073 ) (369,668 )
Total other income (expense) - net
2,528,653 (596,211 ) (6,938,899 ) (1,270,554 )

Net Income (loss)
$ 116,309 $ (2,873,854 ) (12,332,236 ) $ (8,675,230 )

Net Income (loss) per common share - basic and dilutive
$ 0.00 $ (0.08 ) (0.05 ) $ (0.28 )

[JohnCM]

Nice report Odessa ...

MSLP !!

[Neuronal]

Very nice indeed. I figured you'd be drooling over those questions and knew it was only a matter of time before we'd hear you chime in...

MSLP

[Bulldog2]

Awesome post Odessa99.