MusclePharm to Launch MMA ELITE Supplement Line in Walmart
DENVER , June 20, 2011 /PRNewswire/ — MusclePharm Corporation , a Nevada Corporation (” MusclePharm ” or the “Company”) (OTCBB: MSLP), an expanding U.S. Nutritional Supplement Company , is pleased to announce a licensing deal with retail giant MMA ELITE of UMB, LLC (Ultimate Brand Management). Entitled MMA ELITE Supplements Powered by MusclePharm , the award-winning supplement Company has created an entire line of sports nutrition supplements including a new Pre-workout, recovery, vitamin, protein and fat loss products. MMA ELITE Series Powered by MusclePharm will be distributed thru mass market retailers, and major drugstore chains & membership clubs. Walmart, Sam’s Club, Costco, CVS, Walgreen’s and Numerous international chains are targeted for the distribution of these products.
MMA ELITE, which is an Official Partner of the Ultimate Fighting Championship (UFC), has experienced remarkable growth since 2010, totaling over $150 million in sales with a lifestyle product line that includes a variety of unique and innovative apparel items and accessories. MMA ELITE is available at top retailers in the U.S.A. and is expanding in to International distribution for Holiday 2011. Additionally, its licensing company, UMB, has achieved more than 400 percent YTY growth over the past 12 months.
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MSLP stock has been traded over 5X 10day volume average & up 90% as of mid-day June 20th, 2011