Was it legal for insider Drew Ciccarelli to pump MSLP on his website 1-2-3 Stock Alerts while his buddy Gabe Nix pumped on his multiple websites? You're about to find out.
When the financial statements come out showing millions of shares issued during this hype campaign, watch out. No wonder the company delayed the 10K.
Great short potential here.
How many stock promoters does it take to promote a company with no cash? All of them.
"On March 27, 2013, MusclePharm Corporation (the "Company") sold an aggregate of 703,236 shares of its common stock, $0.001 par value per share (the "Common Stock") at a per share price of $8.50 in a private placement (the "Private Placement") to certain accredited investors (the "Purchasers") for an aggregate purchase price of approximately $5,977,506."
Can you say DILUTION loud enough?