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Billionaire Investor Backs Duane Brown Jersey Supplement Company With Triple
nutritional supplements industry, accounting for approximately 12% of total nutritional supplement sales in 2011. The segment is expected http://www.texansofficialproshop.com/Nike-Tom-Savage-Jersey.html to grow at a 9.1% compound annual growth rate between 2012 and 2020.
One fast growing company in this space is MusclePharm (OTCQB: MSLP). Founded in 2008 in CEO Brad Pyatt's garage, MSLP has achieved triple digit annual revenue growth since its inception, growing from $1.4 million in Johnathan Joseph Authentic Jersey 2009 to an estimated $78 million in 2012. The Company projects $100 million in revenue for 2013.
During 2012, management focused on cutting costs, eliminating toxic debt overhang, and cleaning up the Company's balance Johnathan Joseph Jersey sheet. MSLP recently paid off its remaining debt after completing a $12 million round of financing led by The Frost Group, headed by billionaire investor Dr. Phillip Frost. Now debt free and growing rapidly, MSLP is focused on expanding its operations and achieving profitability in 2013. retail outlets, including GNC, Vitamin Shoppe and Vitamin World. The Company recently won the 2012 GNC "Rising Star" vendor award in the sports category. The GNC Rising Star award is given annually to an emerging brand that has demonstrated strong sales growth in a short time period.
A former NFL player for the Indianapolis Colts, Mr. Pyatt continues to leverage his sports experience to bring high quality supplements to the market. The Company's exponential sales growth is a testament to the effectiveness of MSLP's products, which are used by athletes nationwide to increase strength, endurance, and energy. MSLP is the official nutritional supplement sponsor of the Ultimate Fighting Championship, the largest mixed martial texansofficialproshop.com/Nike-Whitney-Mercilus-Jersey.html arts promotion company, which hosts most of the top ranked fighters in the world.
The Company's highly experienced medical and scientific Duane Brown Navy Jersey team sets MSLP apart from others in its space. MSLP employs six full time scientists, and its chief medical director is one of the leading sports nutrition doctors in the country. MSLP's products are free of banned substances and undergo rigorous testing at the company's state of the art sports science center and research institute in Denver.
To learn more about MSLP, watch our recent "Money Report" interview with founder and CEO Brad Pyatt.
MSLP currently trades in the $5.00 to $6.00 range. With a large, devoted, growing customer base, a clean balance sheet, and profitability on the horizon, the stock is poised for significant appreciation in 2013. Now is the time for investors to follow Dr. Frost's lead and start building a position in MSLP. Don't miss out.