Replies to post #21614 on Muscle Pharm Corporation (MSLPQ)

[dakotaben]

If I were to guess, whoever is pushing them the 'right' way is also trying to address any mishandling of this situation. Mind you, if there is something messed up, they are not going to be 100% up front about it... and they are going to do their best to cover their tails.... but I would imagine they are moving in the right direction - pointing the blind dart player in the general area of the dart board.

It may not address the overall situation of what went down.... but I am ok, for the moment, with 'right direction'.

It certainly would be good to continue asking about Drew to keep the pressure up IMHO.

This is ALL in my opinion.

[deafelephant]

Or you can easily verify yourself here:

http://mslp.ir.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingCONVPDF1?SessionID=NWMQFhX_C5co6kv&ID=8415526

He is an owner of two limited liability companies.

You can look up what that is here:

http://en.wikipedia.org/wiki/Limited_liability_company

Basically, he's the managing directors of two LLCs who partnered up with MSLP. If I understand correctly, that means both Holdings companies will be protected shareholders should MSLP go into debt or insolvency.

The 61,542,939 shares is what TSX Holdings (owned by Drew) holds of MSLP.

As does Five Star and Drew Ciccarelli. I am unclear if all three acquired those shares separately or as a whole.

If shares were separately acquired, that amount to 184,628,817 shares. At the time of his filing, PPS was .01, so his share was worth $1,846,288.17.

Drew is the beneficial owner even though the shares are owned by another title, (his Holding companies). They hold the titles, he gets to benefit but with protection of limited liability.

This filing was February 15th. PPS that day was .01. MSLP issued more shares before that date, right? I noticed there was a big run up just before his filing. They stated in their filings that at end of December 2011, they were in need to raise capital, I am wondering if Drew was part of the extra capital along with issuance of more shares. Their revenues shot up like crazy last quarter meaning they did need capital to get their products on the shelves and do major promotions and sponsorships otherwise no sales. Drew and his holdings came along when they most needed capital.

Drew is a capital investor who partnered up with MLP via his Holdings to protect himself should MSLP go into debt, bankruptcy, insolvency, lawsuits, etc. I don't think he was gifted the shares by MSLP. According to the Edgar filing, he "acquired" those shares which I take to mean he bought them.

All in my opinion.