Replies to post #22546 on Muscle Pharm Corp (fka MSLPQ)

[euc]

You don't know that, that was not a necessary evil to block a buyout, along with the a/s.... I don't know either..

But what I do know is this.. they are personally buying shares.. Not selling them. So until they start selling of those ridiculous bonus shares you are talking about I won't get worried.. Plus we'll know about it since they would have to file with the SEC..

I am completely confident with these guys. The fact is you don't put out your strategic game plan for the competitors to see..

If they did in fact bonus themselves the shares, and increase the A/S to block a buyout.. you don't make that public knowledge..If they public opinion on this strategic move is GREED and CROOKS then by all means let that run as much as possible.. smoke and mirrors but in a good way for us.. long term..

They have not started selling their bonus shares.
They have stopped diluting the O/S, and started buying back
They have started buying open market stock personally.
They have expanded exponentially, and INTERNATIONALLY!!
They have increased revenues 400% YoY..
They have backorder<<this equals DEMAND!
They have new contracts.
They are releasing their compensation agreements to allow a third party to correct them.
They are implementing a Code of Ethics.
as per this PR http://www.prnewswire.com/news-releases/musclepharm-provides-update-on-corporate-initiatives-147894385.html

You might think, whatever these guys are crooks what could a "code of ethics" possibly do.. well look at the wording..

Corporate Governance guidelines and a Code of Ethics were adopted

First let me say that I previously cited http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
and to read page 1, when in fact we would not fall under "Global Market" I believe we would fall under "Capital Market" which as stated on http://www.nasdaq.net/PublicPages/ListingStandards.aspx you will see that this refers to the SmallCap sector, and would be an easier fit. Capital Market requirements are on page 12 of the previous PDF link...

Now look at this.... Under NASDAQ rules/requirements for listing a company must comply with Corporate Governance....
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F4%5F2%5F8&manual=%2Fnasdaq%2Fmain%2Fnasdaq%2Dequityrules%2F

If you go the 5600's section you will find the section "5610 Code of Conduct" . If you will be so kind as to read the first 2 sentences in this section then you will see why they chose the previously quoted words of "Corporate Governance guidelines and Code of Ethics". This Code of Ethics the company is adopting, will most likely be a mirror image of the Sarbanes-Oxley Act, Code of Ethics outlined in section 406c.. here is a link http://www.sec.gov/rules/final/33-8177.htm
here is the definition.. incase you don't want to search through it

c. Final Definition of "Code of Ethics"

The final rule defines the term "code of ethics" as written standards that are reasonably designed to deter wrongdoing and to promote:

Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

Full, fair, accurate, timely, and understandable disclosure in reports and documents that a registrant files with, or submits to, the Commission and in other public communications made by the registrant;

Compliance with applicable governmental laws, rules and regulations;

The prompt internal reporting to an appropriate person or persons identified in the code of violations of the code;45 and

Accountability for adherence to the code.46
We eliminated the component of the definition requiring the code to promote the avoidance of conflicts of interest, including disclosure to an appropriate person or persons identified in the code of any material transaction or relationship that reasonably could be expected to give rise to such a conflict, because the conduct addressed by this component already is addressed by the first prong of the proposed definition, requiring honest and ethical conduct and the ethical handling of actual and apparent conflicts of interest.

We are not adopting commenters' suggestions that we set forth additional ethical principles that the code of ethics should address. We continue to believe that ethics codes do, and should, vary from company to company and that decisions as to the specific provisions of the code, compliance procedures and disciplinary measures for ethical breaches are best left to the company. Such an approach is consistent with our disclosure-based regulatory scheme. Therefore, the rules do not specify every detail that the company must address in its code of ethics, or prescribe any specific language that the code of ethics must include. They further do not specify the procedures that the company should develop, or the types of sanctions that the company should impose, to ensure compliance with its code of ethics. We strongly encourage companies to adopt codes that are broader and more comprehensive than necessary to meet the new disclosure requirements.

We have added an instruction to the code of ethics disclosure item indicating that a company may have separate codes of ethics for different types of officers. The instruction also clarifies that the provisions of the company's code of ethics that address the elements listed in the definition and apply to those officers may be part of a broader code that addresses additional issues and applies to additional persons, such as all executive officers and directors of the company.47

This is just one bullet under the PR of "Update to Corporate Initiatives" that I choose due to your lack of confidence in the execs, and your continuous accusations of being crooks. Also, if it doesn't in fact represent an exact mirror of this you can read in the last paragraph that different types of officers may have different codes..

This also leads me to believe that they are trying to uplist to the NASDAQ Capital Market. I can more than likely find more correlations between this PR and the NASDAQ Capital Requirements if you like..

Bottom line, we are going up from here, just a matter of time. If you still have doubts with this company you should seriously check your investment strategy because if I had doubts like you in a company resembling MSLP at this point then i would have to assume that no company would be good to invest in.