Gaspari files for Chapter 11 bankruptcy and gets investment from Allegro

[Primemuscle]

This is just wrong! However, it is the American way today.

[FermiDirac]

Has industry insider Vince G, CSN MFT confirmed this?

[pedro01]

Love that "pretend you are busy on the phone" look

[the trainer]

$4.4 BILLION a year in utterly worthless products shipped to naive teenagers

all the useless people, where do they get employed

Its better for teenagers to spend their money on protein and creatine than this garbage.

[Ron]

Allegro Nutrition LLC is bringing in a lot of management and cash infusion into the new company to bring the brand up to where it should be.  Cash flow was the main issue for sales declining this year, as they just couldn't not replenish products, due to too much debt.

Expect to see more Gaspari products to fill up the backorders in a few weeks!

[Nails]

Allegro Nutrition LLC is bringing in a lot of management and cash infusion into the new company to bring the brand up to where it should be.  Cash flow was the main issue for sales declining this year, as they just couldn't not replenish products, due to too much debt.

Expect to see more Gaspari products to fill up the backorders in a few weeks!

 

[Vince G, CSN MFT]

Has industry insider Vince G, CSN MFT confirmed this?

Already posted it on Anabolic Mayhem...company has now been sold though

[Ron]

Given your cheerleading I take it you aren't one of Gaspari's creditors.

No - on the contrary - we distribute Gaspari products, and the backlog is huge - so very happy they have a cash infusion to bring out more products. By the way, that picture of Rich looking at Getbig.com is my office.

[Abacab]

No - on the contrary - we distribute Gaspari products, and the backlog is huge - so very happy they have a cash infusion to bring out more products. By the way, that picture of Rich looking at Getbig.com is my office.

You are on the right end of the deal. I wonder how many of Gaspari's raw material suppliers, packagers and magazines Gaspari advertises in are getting screwed in the bankruptcy?