Post by icemandios on Nov 18, 2016 3:29:09 GMT
The filing
The players:
INI Buyer Inc, Jared Leishman, CEO
INI Parent Inc, Jared Leishman, CEO
Medely, LLC, Richard T. Allorto, Jr, CFO
Medely Management, Inc, Richard T. Allorto, Jr, CFO
Medely Group LLC, Richard T. Allorto, Jr, Member
Don't find much on INI Buyer, but googling INI Parent we find it is the manufacturer for MSLP:
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
"Effective March 2, 2015, MusclePharm Corporation, a Nevada Corporation (the “Company” or “we” or “our” or “us”) and F.H.G. Corporation, formerly doing business as “Integrity” but now doing business as “Capstone Nutrition” (“Capstone”) executed an amendment (the “Amendment”) to the Manufacturing Agreement dated Nov. 27, 2013, entered in by and between the Company and Capstone. Pursuant to the Amendment, Capstone shall be the Company’s nonexclusive manufacturer of dietary supplements and food products sold or intended to be sold by the Company (the “Products”). The Company shall purchase and take delivery from Capstone of a minimum of $90,000,000 of Products per full contract year. The Amendment includes an amended pricing for Products and payment terms. The initial term ends January 1, 2022 and will continue thereafter for three (3) successive twenty-four (24) month terms, unless Capstone notifies the Company of nonrenewal at least ninety (90) days prior to the end of the then current term. "
And Capstone is:
"Also effective March 2, 2015, the Company and INI Parent, Inc., a Delaware corporation (“INI”), and the parent company of Capstone, entered into a Class B Common Stock Warrant Purchase Agreement (“Warrant Agreement”) to purchase 19.9% of INI on a fully-diluted basis. Pursuant to the Warrant Agreement, INI issued to the Company a warrant (the “Warrant”) to purchase shares of INI’s Class B common stock, par value $0.001 per share at an exercise price of $0.01 per share (the “Warrant Shares”).
www.sec.gov/Archives/edgar/data/1415684/000119312515075956/d884074d8k.htm
Now, Medely etc seems to be a typo. Searching for Richard Allorto, Jr, we find it is Medley etc.
Richard Allorto, Jr
And good luck sorting out this can of worms:
www.medleycapitalcorp.com/phoenix.zhtml?c=236906&p=irol-team
At the end of the day, these guys own 8.5% of MSLP according to the 13G filed today, 11/17/16.
MSLP(Pink) +0.09 +4.71% V 1300 10day avg V 5330
hmmm
The players:
INI Buyer Inc, Jared Leishman, CEO
INI Parent Inc, Jared Leishman, CEO
Medely, LLC, Richard T. Allorto, Jr, CFO
Medely Management, Inc, Richard T. Allorto, Jr, CFO
Medely Group LLC, Richard T. Allorto, Jr, Member
Don't find much on INI Buyer, but googling INI Parent we find it is the manufacturer for MSLP:
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
"Effective March 2, 2015, MusclePharm Corporation, a Nevada Corporation (the “Company” or “we” or “our” or “us”) and F.H.G. Corporation, formerly doing business as “Integrity” but now doing business as “Capstone Nutrition” (“Capstone”) executed an amendment (the “Amendment”) to the Manufacturing Agreement dated Nov. 27, 2013, entered in by and between the Company and Capstone. Pursuant to the Amendment, Capstone shall be the Company’s nonexclusive manufacturer of dietary supplements and food products sold or intended to be sold by the Company (the “Products”). The Company shall purchase and take delivery from Capstone of a minimum of $90,000,000 of Products per full contract year. The Amendment includes an amended pricing for Products and payment terms. The initial term ends January 1, 2022 and will continue thereafter for three (3) successive twenty-four (24) month terms, unless Capstone notifies the Company of nonrenewal at least ninety (90) days prior to the end of the then current term. "
And Capstone is:
"Also effective March 2, 2015, the Company and INI Parent, Inc., a Delaware corporation (“INI”), and the parent company of Capstone, entered into a Class B Common Stock Warrant Purchase Agreement (“Warrant Agreement”) to purchase 19.9% of INI on a fully-diluted basis. Pursuant to the Warrant Agreement, INI issued to the Company a warrant (the “Warrant”) to purchase shares of INI’s Class B common stock, par value $0.001 per share at an exercise price of $0.01 per share (the “Warrant Shares”).
www.sec.gov/Archives/edgar/data/1415684/000119312515075956/d884074d8k.htm
Now, Medely etc seems to be a typo. Searching for Richard Allorto, Jr, we find it is Medley etc.
Richard Allorto, Jr
And good luck sorting out this can of worms:
www.medleycapitalcorp.com/phoenix.zhtml?c=236906&p=irol-team
At the end of the day, these guys own 8.5% of MSLP according to the 13G filed today, 11/17/16.
MSLP(Pink) +0.09 +4.71% V 1300 10day avg V 5330
hmmm