Fri, Oct 31, 2014, 5:59 AM EDT - U.S. Markets open in 3 hrs 31 mins


% | $
Quotes you view appear here for quick access.

Muscle Pharm Corp. Message Board

  • fkk_kass fkk_kass Nov 21, 2013 6:07 PM Flag

    The Board of Directors (the "Board") of MusclePharm Corporation (the "Company") approved a discretionary cash bonus of $112,500 to be paid o

    I think the independenter directors are getting an annual $35000 cash retainer and an annual stock grant worth $80000. Add in - for some reason - a bonus of $112500 and they're getting a minimum of $225k.

    I googled "pay for board of directors" and an found article dated May 30, 2013 that starts thusly:

    "Pay for directors at Standard & Poor’s 500 Index (SPX) companies rose to a record average of $251,000 last year, the sixth straight year of increased compensation since federal rules began requiring disclosure."

    I then looked up the S&P 500 Index and found that one of the requirements for listing was a market cap of at least $4 billion.

    So MSLP - with a market cap of about $80M - is paying its independent directors about as much as are companies with market caps that are - at a MINIMUM - 50x larger.


    This is NOT the sort of "INTENTIONALLY LOSING MONEY" behavior with which I am ok.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Yeah, its pretty disgusting that they keep raising their pay. Essentially their pay is 1million/year, with 4 execs, the top 4 people in any company shouldn't be making 2% of what their market cap is.... that would be like the top 4 execs at EXXON making 500million a year.....
      Not sure when they will get a clue - Pyatt is too young and dumb to be CEO, he needs to step down and hand over the reigns to someone more capable.

      • 2 Replies to mtc44380
      • I agree unfortunately with much of what's been expressed here. I also think there are bigger things down the road in terms of possible achievements and catalysts, that make this company so compelling in terms of valuation. So do I put up with the nonsense pay and benefits packages, and wait and see if they deliver on their share price? Or do I take a small profit and move on? I think I'm going to wait it out a bit, the upside seems greater than the downside at this point. But that's just me.

      • This is now bordering on ridiculous...I'm #$%$ at myself for keeping the small (once large) position I had. get ready for a tough ride tomorrow..

        Sentiment: Strong Sell

12.75+0.25(+2.00%)Oct 30 3:58 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Goldcorp Inc.
NYSEThu, Oct 30, 2014 4:00 PM EDT
Expedia Inc.
NasdaqGSThu, Oct 30, 2014 4:00 PM EDT