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Muscle Pharm Corp. Message Board

  • texanfanfb texanfanfb May 13, 2012 2:15 AM Flag

    Partnership talk

    We know MP would like to buyback up to 100 million shares. We know 1.44 billion shares are outstanding as of last update. So why in the world would they announce a buyback and then dilute into that news? We know that they have 15 new products coming out some of which have already showed up like the MIssFit line, Hybrid NO, and future products to come, along with expansion worldwide. 19 million in revenue but backlogged 4.5 million. So if they backlog 4.5 million was it because they didn't have the financing in the first place to meet demand? If they only have $1 million in earnings this is barely enough to buyback 100 million shares anyway at the current PPS. So two scenarios I see here. Shady business announcing a buyback and the diluting into it. Or someone is helping Finance MP right now to meet expansion costs and buyback at the same time. If O/S is over 1.44 that is a massive slap in the face. Personally I don't even see how MP has any money to be buying back shares on there own right now with everything they have going on.

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