Major League Football Inc (MLFB)

[ErnieBilco]

But wait........ they almost have enough cash to pay next months rent on their oversized swanky address.

As of April 30, 2016, we had cash resources of $3,799 and for the year ended April 30, 2016, we had revenues of $89,772 all of which was derived from
football league tryout camps. Consequently, we have been required either to sell new shares of our common stock or convertible promissory notes to raise the cash
necessary to pay ongoing expenses and to make new investments and this could lead to continuing dilution in the interest of existing Company stockholders.

All they need to do now is find more suckers to pay to "tryout" for a non functioning league.

And then this from these marketing midgets:

We face significant competition within the professional sports league market and in order to attract fans and market league-related merchandise and other
products and services offered by the Company and the league, we must successfully compete with 32 NFL, 9 Canadian Football League, 627 NCAA, 91 NAIA,
142 JUCO's, 27 Canadian Universities, and thousands of high school and collegiate institution teams. Additionally, we must compete with other sporting and nonsporting
sources of entertainment. Given the established nature of many of those competitors, there can be no guarantee that we will attract enough revenue from
fans and other sources to be profitable.

Gee how could anything go wrong?

Bad businessman before - bad bording on conmen now.

JMO