Dec 8 2009
Muscle Flex Inc. (www.MuscleFlex.com)
(PINKSHEETS: MFLI) announced today that it has returned to 'Current
Information' status with PinkSheets.com after filing its required financial
information. The Muscle Flex September 2009 financials were delayed two
weeks as Muscle Flex engaged a new accounting firm that is preparing its
financials to audit fiscal years 2008 and 2009. In early 2010, Muscle Flex
Inc. intends to transition the Company to a fully-reporting company listed
on the OTC Bulletin Board (OTCBB). The Company's intent is to provide the
highest level of corporate accountability and visibility for Muscle Flex,
as well as significantly expand the market for the Company's stock.
Muscle Flex Inc. is committed to providing its shareholders with greater
accessibility to current information affecting their investment in the
Company. A move to the OTCBB would require Muscle Flex Inc. to issue
regular SEC-mandated filings, such as quarterly financial reports, along
with communicating other material developments in a timely fashion.
Companies that trade on the Pink Sheets are not obligated to provide
shareholders with timely or consistent information as to their financials,
share issuance or other material changes. Danny Alex commented, "We want to
increase transparency as much as possible now and in the future. Until a
listing on the OTCBB occurs, Muscle Flex will continue trading on the Pink
Sheets and keep the financial community up-to-date with our progress
through press releases and voluntary filings that are available at
www.pinksheets.com."
SOURCE: Muscle Flex Inc.