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  1. 01-24-2006, 09:46 PM #1
    Majestic 12
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    MuscleTech goes Bankrupt!!

    Just filed for Chapter 15, hopefully they'll be 10.5% more profitable after reorganization.

    http://www.chapter15.com/bin/chapter...cid=1137663608
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  2. 01-24-2006, 11:16 PM #2
    beer20
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    http://forum.bodybuilding.com/showthread.php?t=683108
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  3. 01-24-2006, 11:19 PM #3
    Andrew69
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    I hardly think 10.5% is going to make much difference.

    According to that link, they have assets of up to 10 million, but liabilities of up to 50 million!
    You gotta love how sports will f*ck with ya, make you believe you can come back from an insurmountable deficit and then get kicked right in the nuts when you're almost there - Bluntdogg
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  4. 01-24-2006, 11:28 PM #4
    Majestic 12
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    Originally Posted by beer20
    http://forum.bodybuilding.com/showthread.php?t=683108
    Well spank me twice and call me Sally. Muscletech said I was the first to know!
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  6. 01-25-2006, 01:27 AM #5
    bpi
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    They changed their name to Iovate long ago..
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  7. 01-25-2006, 03:00 AM #6
    Mr. Cruz
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    Good. "And I hope they burn in hell."
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  8. 01-25-2006, 04:33 AM #7
    nick912
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    Originally Posted by Mr. Cruz
    Good. "And I hope they burn in hell."
    Why would you say that?
    Any questions on the Air Force and how it can help meet your needs PM me!
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  9. 01-25-2006, 04:35 AM #8
    Slated
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    Originally Posted by bpi
    They changed their name to Iovate long ago..
    Iovate is the 'ghost' company that has held them and their two other companies under their umbrella for at least the last decade. Six Star is also an Iovate company.

    Iovate owns muscletech, not the other way around
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  11. 01-25-2006, 04:37 AM #9
    Slated
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    and yes....

    there are 3-4 other of these threads going around
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  12. 01-25-2006, 04:39 AM #10
    xJonathanx
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    Originally Posted by Slated
    Iovate is the 'ghost' company that has held them and their two other companies under their umbrella for at least the last decade. Six Star is also an Iovate company.

    Iovate owns muscletech, not the other way around

    So, this MuslceTech company is different than the one we all know and love? If it were indeed MT, the filing would be done under the name Iovate...?
    Having trouble growing?
    http://forum.bodybuilding.com/showthread.php?t=732835
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  13. 01-25-2006, 04:40 AM #11
    Slated
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    It's the same Muscletech, it's just that Muscletech is owned by Iovate, or at least it's the controlling corporate name over MT and its other brands
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  14. 01-25-2006, 04:42 AM #12
    xJonathanx
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    Originally Posted by Slated
    It's the same Muscletech, it's just that Muscletech is owned by Iovate, or at least it's the controlling corporate name over MT and its other brands
    true. On Muscletech.com, it is copywrighted Iovate.

    I heard they filed because of all the LEUKIC™ research going on...
    Having trouble growing?
    http://forum.bodybuilding.com/showthread.php?t=732835
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  16. 01-25-2006, 05:22 AM #13
    Mr. Cruz
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    Originally Posted by nick912
    Why would you say that?

    Why wouldn't I?? Me and MuscleTech don't mix.
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