Nelly Shishkova

Muscle Pharm Corporation (OTC:MSLP) Fuels Up the Gain

by Nelly Shishkova April 2, 2012
After a couple of impressive gains during the past week, Muscle Pharm Corporation (OTC:MSLP) broke up the climb. Though, MSLP_chart6.pngon Friday the stock jumped up again by soaring 15.48% and trading 32 million shares on the market.

The massive trade must have been provoked by the latest news on Muscle Pharm. Over the past week, the company reported that it has completed the retirement of all of its outstanding convertible notes held by various financing companies.

A couple of days later, MSLP announced they have filed an amendment to the company's articles of incorporation with the Secretary of State of the State of Nevada, to increase their authorized common stock from one billion shares of common stock, par value $0.001 per share, to two billion five hundred million shares of common stock, par value $0.001 per share. In addition, MSLP has retained PondelWilkinson Inc. as investor relations counsel in order to build new relationships with shareholders and the investment community.

Obviously, all these announcements pushed up MSLP stock price, though these were not the only reason for the gain. During the past two days, MSLP has been promoted by a few different promoters to fuel up the current up move of the stock.

MSLP_logo.jpgHowever, there is another issue facing Muscle Pharm at present. Along with the positive news, last Friday the company filed a notification of late filing related to its annual report. The notification stated that the "Registrant was not able to obtain all information prior to filing date and management could not complete the required financial statements and Management's Discussion and Analysis of such financial statements by March 30, 2012."

In other words, the current financial condition of MSLP remains unknown, while the stock is being pumped up by news and promotions.

Comments 3

1. wint
April 06, 2012, 09:56AM

Quotes MSLP.I'm in for 260K shares & holding.

2. cswolfe
April 02, 2012, 09:20PM

Quotes disagree, guest. Paid promotions (thank god that outs them) are like corporate crack. Makes you feel like top of the world when you're on it, but as soon as you stop you're in a WORSE position, by far, than you were, had you not taken it.

Paid promotions are the stink of proverbial death for a company ever being taken seriously. See BAC or F or AAPL or GOOD or for that matter, HPQ ... paying to promote their -stock-? Didn't think so. Why? Because "real" companies don't do that. They invest in their business, not in mass mailings to suckers.

The craziest of the recent mailings showed a chart of RSI that showed MSLP being -seriously- overbought, and TOUTED THAT AS A GOOD THING. That's how stupid these mailings -count- on people being.

Find me one company that didn't tank within weeks of stopping paid for promoting to suckers and sheep, and you will win a prize. Good luck with that, no disrespect intended (seriously).

3. Guest
April 02, 2012, 01:12PM

Quotes So what is wrong with news and promotions...obviously it is a great thing for shareholders if the stock price is continually rising. You didn't mention the fact that Muscle Pharm's products will be sold to American soldiers deployed overseas and as an ex-soldier and currently a contractor in Afghanistan I have seen how quickly these types of products sell out over here and especially the ones these soldiers havent tried yet. Muscle Pharm has great products and they are really geared towards the war-fighter and the sooner it gets on the shelves out here the better for everyone!

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