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Monolith Athletic Club (fka MNAB)

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Monolith Athletic Club Impressed by the USL Model for Future of Professional Soccer
Monolith Athletic Club, LLC (PINKSHEETS: MNAB), a sports and recreation holding company, has identified a potential opportunity in Syracuse, N.Y. to bring professional soccer back to the community. Syracuse, in the past, had a team that left after the 2004 season which was part of the United Soccer Leagues' First Division. "When we looked at Syracuse as a possibility it was important to be involved with a league that shared the same vision and grassroots commitments towards soccer that Monolith has. The United Soccer Leagues has a history of providing just that, from youth levels all the way up to premier professional soccer," stated Allen LaVenture, Executive Vice President of Monolith. "We are excited by this opportunity and look forward to speaking with the league and laying out a path that would bring a First Division team back to Upstate N.Y.," LaVenture added.

The United Soccer Leagues recently celebrated its 20th anniversary of being the largest organization of elite-level soccer leagues in North America. Dedicated to growing soccer at a grassroots level the USL has teams in the United States, Canada and the Caribbean. The league's vision and commitment to develop a soccer nation by fans, investors, administrators, coaches, and players has created the foundation for the growth of the sport, while presenting affordable, exciting family entertainment in over 100 cities and towns on the continent. "We look forward to applying and doing whatever is needed to become involved with an organization like the USL; their commitment to youth and the sport is unparallel in today's sports market," noted LaVenture.

About Monolith Athletic Club, LLC

Monolith Athletic Club, LLC is a sports and recreation holding and development corporation focused on creating, managing and building strong grassroots community programs through ownership of professional soccer franchises in the United States. Monolith is in its initial development stage. Soccer represents the largest growing participation market segment in the U.S. The growth of the sport on the professional level is predicated on the implementation of strong grassroots community involvement programs. It is anticipated that Monolith Athletic Club's primary focus will be on building those programs to support the professional franchises. Monolith's goal is to create a "cultural phenomenon" in the United States similar to that in Europe and around the globe. By bringing the "World's game" to American youth through various athletic and education programs Monolith intends on raising the interest and fan participation level of soccer to compete with the United States' four "major" professional sports.

Safe Harbor

This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward looking within the meaning of the safe harbor provisions of the U.S. federal securities laws. These include, among others things, statements about expectations of future business, revenues, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to further develop its business, the company's ability to generate revenues, develop appropriate strategic alliances and successful development and implementation of its business plans, acceptance of the company's services, competitive factors, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.

Source: Market Wire (January 9, 2007 - 10:00 AM EST)

News by QuoteMedia
#152   MNAB Finra deleted symbol: Renee 04/07/16 05:02:15 PM
#151   Anyone think this one is a sham i Stocktrader75 06/15/07 12:10:17 PM
#150   I know it was a crazy day I jackthegordon 06/06/07 08:53:23 PM
#149   Noooo chit she volatile today volume and printing .02 _HAWK_ 06/06/07 11:41:13 AM
#148   MNAB volume today that mean something brewing??? _HAWK_ 06/04/07 05:01:03 PM
#147   Have a good weekend soccer fans and lets _HAWK_ 06/01/07 01:43:34 PM
#146   Getting some buys may do something _HAWK_ 05/30/07 11:27:22 AM
#145   I'm seeing alot of MNAB chatter on the negger0 05/29/07 09:45:11 AM
#144   Lets have a good week goooo MNAB _HAWK_ 05/29/07 06:49:49 AM
#143   The beast will awake jackthegordon 05/28/07 06:38:36 PM
#142   I'm hearing alot of chatter about this one, negger0 05/28/07 03:51:35 PM
#141   Momo time soooon _HAWK_ 05/25/07 01:31:34 PM
#140   Hi and welcome to mnab board the reason jackthegordon 05/25/07 01:08:35 PM
#139   been checking out this stock looking to possibly Stocktrader75 05/25/07 12:19:27 PM
#138   Support still holding _HAWK_ 05/24/07 02:57:44 PM
#137   I d love to see mnab blow up _HAWK_ 05/24/07 11:57:50 AM
#136   So we getting news gorgon?? _HAWK_ 05/24/07 11:55:33 AM
#135   Good dd jackthegordon 05/24/07 11:55:21 AM
#134   there certainly is alot of potential, particulary in Stockslayer06 05/24/07 11:44:51 AM
#133   Anything new gordon??? _HAWK_ 05/23/07 04:45:04 PM
#132   Welcome aboard were happy to have you here jackthegordon 05/23/07 04:16:55 PM
#131   Very good point there hawk I'm glad I jackthegordon 05/23/07 04:11:39 PM
#130   After signing or good pr these cheapies may _HAWK_ 05/23/07 03:03:59 PM
#129   90 mill os 30 mill float the signing jackthegordon 05/23/07 01:04:23 PM
#128   jack, a big name signing could trigger the negger0 05/23/07 12:17:31 PM
#127   been reading up on the PR's the company Stockslayer06 05/23/07 12:15:47 PM
#126   News will come the more investors come in jackthegordon 05/23/07 11:53:01 AM
#125   No kidding big eyes is right _HAWK_ 05/23/07 11:24:49 AM
#124   Big News will pop this..eyes are now watching :) negger0 05/23/07 11:20:33 AM
#123   We holding at lucky .013 _HAWK_ 05/23/07 10:58:14 AM
#122   Cool jackthegordon 05/23/07 09:51:01 AM
#121   jack, the word is getting spread around Brotha!!'s negger0 05/23/07 08:36:44 AM
#120   That's why I'm here right now jackthegordon 05/22/07 07:21:00 PM
#119   Absolutely awesome future _HAWK_ 05/22/07 07:09:38 PM
#118   Go with your gut on this one I'm jackthegordon 05/22/07 06:53:53 PM
#117   The biggest thing of all is 1 they jackthegordon 05/22/07 06:52:32 PM
#116   Sure is I'm tempted too _HAWK_ 05/22/07 06:47:53 PM
#115   Yeah and they are probably going to be _HAWK_ 05/22/07 06:45:33 PM
#114   Oh yeah I'm adding more bargain basement price here jackthegordon 05/22/07 06:43:26 PM
#113   Ceo sure helps to jackthegordon 05/22/07 06:41:53 PM
#112   Do you understand this is the only company jackthegordon 05/22/07 06:41:00 PM
#111   Waaaaaay up _HAWK_ 05/22/07 06:40:55 PM
#110   Always does when you do dd _HAWK_ 05/22/07 06:39:32 PM
#109   Yeah if they get nike or puma in _HAWK_ 05/22/07 06:38:20 PM
#108   At least we know where the bottom is jackthegordon 05/22/07 06:37:25 PM
#107   And my homework is gonna pay off jackthegordon 05/22/07 06:35:38 PM
#106   I agree we seem to be at support _HAWK_ 05/22/07 06:34:25 PM
#105   Booooy gordon did your homework _HAWK_ 05/22/07 06:33:11 PM
#104   I have ceo putting something togther for the jackthegordon 05/22/07 05:49:55 PM
#103   Even though there was some selling today bid jackthegordon 05/22/07 05:35:09 PM