MusclePharm Chairman Flexes Financial Support, Board Influence

Ryan Drexler buys a $6m promissory note bearing 8% annual interest, convertible to shares priced at $2.30, two months after committing $6.2m to guarantee existing bank loans for the sports nutrition firm.

[MusclePharm Corp.] Executive Chairman Ryan Drexler will appoint two additional board members after making a $6m loan for the firm’s general expenses, two months after he guaranteed $6.2m in bank loans.

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