ProElite, Inc. (fka PELE)

[Cowboy200009]

That is very interesting indeed!

[Lighthouse]

660,000 volume on pele parent smdi today... Almost $80,000... Very interesting

[BBseller]

any comments on the 1B shares OS now on SMDI?



didn't think so.......


Fellered!

[Cowboy200009]

Cool! Pro has definitely given alot of these guys their start and good to see them doing well.

[Hole shot King]

Evan Cutts vs. Cristiano Souza

http://www.spike.com/fight/nofje1/fight-master-bellator-mma-evan-cutts-vs-cristiano-souza

Even got his start in Proelite

[BBseller]

well lookie here, This Feller character has been doing the same thing for over a decade. What a surprise!



http://community.seattletimes.nwsource.com/archive/?date=20031219&slug=seattlebowl19


College Football

Emerald City Bowl plans '04 kickoff

By Bud Withers

Seattle Times staff reporter



Surrounded by people who want to make a college-football postseason game work in Seattle, a California promoter yesterday announced the birth of the Emerald City Bowl, seen as a successor to the defunct Seattle Bowl.

Paul Feller, president and CEO of Pro Sports Entertainment, Inc., hopes the game — which still must be certified by the NCAA — fares better than one of his last sports ventures, the 2000 Long Beach Marathon.

PSEI has signed a five-year agreement with First and Goal, the Seahawks' parent company, for use of Seahawks Stadium for the game.

If it becomes certified next spring, the game would follow the two-year run of the Seattle Bowl. That owner, Terry Daw, left a trail of unpaid bills and the NCAA declined to certify it for this year.

While a news release on the announcement called the prospective game the "Seattle Bowl," Feller said it would be called the Emerald City Bowl.

Asked what his company can do better than Daw's, Feller said, "Everything. We bring a professional organization that has in-house marketing, a corporate-development team. ... We bring a level of professionalism that was not here before.

"We have other events we own and operate that allow us to bring a different level of sponsors. We make it our mantra that every one is run with great expertise and great excellence, and the sponsors notice."

PSEI's headquarters, formerly in Santa Barbara, Calif., are now in Los Angeles. It lists its portfolio of events as the prestigious Millrose Games indoor track meet in New York, plus music festivals and car shows.

Another of its ventures was the 2000 Long Beach (Calif.) Marathon. That resulted in unpaid bills, a succession of lawsuits and a loss in ownership of the event.

"You know, it's something I don't really want to comment on anymore," Feller said. "We've filed a 42-count lawsuit against the current operators of the marathon. It's an event that's owned and trademarked by Pro Sports and Entertainment, Inc.

"We believe the ownership rights will be returned to Pro Sports. We're more into looking at the future and all the great things we are doing rather than looking back on one bad situation."

Among PSEI's creditors in California was the city of Long Beach. This week, assistant city attorney Barry Meyers said Feller paid a reported $72,835 debt after litigation.

"Everybody has been paid," Feller insisted. "We've made good on all the (creditors), whether they were ours or not."

Not everyone agrees, however. One is vendor John Libby, whose company, Gold Gifts and Promotional Products of Redondo Beach, Calif., provided medals for the event.

"He got me for about $25,000," Libby said. "He's a wheeler-dealer. I wouldn't trust him any farther than I could throw him."

Responded Feller, "I'm not familiar with him. However, if that's the case, they should contact us, because we have been making sure everybody's paid."

Months later after the marathon, PSEI had debts estimated by the Long Beach Press-Telegram newspaper of "at least $300,000."

After the event, two members of Feller's PSEI staff split from the company and formed International City Racing in competition with PSEI.

In April 2001, an acrimonious Long Beach city-council meeting took place at which Feller said debts would be paid within 10 days. His bid to retain the event was denied and International City Racing won the right to host future marathons.

A police escort shielded Feller from angry vendors, who marched to a microphone and told stories of money they were owed. One, Scott Rubin, then 21, said he had his parents take out a second mortgage of $65,000 on their home so he could finance T-shirts for his promotional-products company.

After two years in litigation, Feller began payments to Rubin.

John Goldman, one of the organizers of International City Racing, said some $50,000 was owed to the elite athletes from the event. Goldman says the new group agreed to pay off those debts but not money owed vendors.

Explaining the departure from PSEI, Goldman said this week, "We were informed after the (2000) race there was not enough money to meet payroll, so we left. We didn't feel like being hounded constantly by creditors. It didn't seem like the company was financially ready to put on any more events."

Goldman acknowledged there is pending litigation between the two parties, while Feller says, and PSEI's Web site indicates, that the company has undergone a major restructuring.

At the city council meeting in which Goldman's new group was awarded the marathon, Feller was upbraided by councilmen and Rubin threw T-shirts at Feller.

One of the councilmen was Frank Colonna, who is also vice mayor. Reacting to PSEI's involvement here, he says, "Proceed with caution. Make sure that everything that's being advanced as suggesting credibility can be verified in order to make sure the event does occur and is properly capitalized — and make sure any vendors are insured to receive payment."

At the same time, said Colonna, "I always felt Paul and his organization were very well-intentioned. He didn't give any inkling that there was some other objective here."

Because the prospective participants in the bowl aren't known until late November or early December, Feller says it's important that the event be promoted as a "week-long festival."

Among those joining Feller for the announcement was Lt. Gov. Brad Owen, Mountain West Conference commissioner Craig Thompson and Jack Thompson, former Washington State quarterback.

Craig Thompson's presence was to promote the possibility of a tie-in with that league. But the league's top three teams are contracted with other bowls in 2004. In 2005, the MWC has one tie-in.

The Pac-10 is committed to its top five bowls — Rose, Holiday, Sun, Insight and Las Vegas — through the 2005 season.

"We're making it a major priority to get Pac-10 involvement in this bowl game," said Feller.

Bud Withers: 206-464-8281 or [e-mail]

[BBseller]

I guess feller and cronies are still pumping utter crap. Too sad that the pushers of this revoked zeroed joke are still not barred..I'm guessing Paul lied about the amex uplist at this point ;)


How's Feller btw? Still bragging his over-used mouth off? Why would any legit businessmen associate themselves with such a liability? They wouldn't!

[BBseller]

You need to call your broker and see if they can mark it to zero.

[Pro Elite]

How do i claim it as a loss BB?

[BBseller]

it is absolutely a dead stock. It is revoked

[mad money fund]

Is PELE a dead stock @ 0 or does it have a chance to be trading again and go higher ??

[BBseller]

Since Rich Chao seems to be the only wank still publicly pushing this joke:

What does he think about the recent 300% dilution? Can we have a Q and A with him?

What does he think about the conmen involved in the stock that got busted by the DOJ?


Well at least this can't steal anymore money from innocents,,,,, I encourage you all to call the CEO, Feller and anyone else you know that is involved with SMDI and this and tell them what you really think of them. They clearly still need an earful of what a bunch of salary-taking jokes they are. And don't forget to mention the daily stock manip, very reminiscent of this before it got revoked, eh? Don't be concerned though, cause Feller will likely tell you it's going amex and what a bunch of "pros" his comrades are, and if you're lucky, he'll lie about his education and not let you sell 144 stock until you sue him. (all stuff you can find in the amusing lawsuits against him and this revoked zero)

[BBseller]

HAVE YOU HEARD THE GREAT NEWS? This just tripled the OS and is going to add more soon. Management just diluted everyone by 300%


Fellered!

[BBseller]

Still need the IBOX updated someone! This has no operations, is revoked and Paul Feller is still involved so it would be nice to have his info back up so we have someone to blame for this fiasco and to serve as a warning for SMDI's future.


MODS- update this piggy please!

tia!

[BBseller]

For your entertainment


Mr Paul Feller at his best here: "taken the stock from 2 cents to 60"..."great histories of success"..."we are pros"...
Sounds just like a typical slimy penny stock promoter.



- just like all the lawsuits have stated.


PELE now revoked and zeroed.

[BBseller]

wonder if that "scum" knew Feller?

wouldn't be surprised

[Lighthouse]

this is great news, scum like this should be put away forever, thx for finding this :)

[BBseller]

GREAT NEWS!!

Absolute Capital’s Homm Is Charged With Securities Fraud
By Joel Rosenblatt & Edvard Pettersson - Mar 20, 2013 2:51 PM PT Facebook Share Tweet LinkedIn Google +1 0 Comments
Print QUEUEQ
The fugitive German hedge fund manager who more than five years ago fled the Spanish island of Mallorca with $500,000 hidden in his underwear and luggage was charged with securities and wire fraud.

A federal grand jury in Los Angeles, California, charged Florian Homm, 53, in a 10-count indictment, U.S. Attorney Andre Birotte Jr. said today in an e-mailed statement.

Homm was arrested by Italian police on March 8 in Florence, Italy, at the Uffizi Gallery, the world-famous museum that houses Sandro Botticelli’s “Birth of Venus” and Leonardo da Vinci’s “Annunciation.”

Homm is accused of defrauding investors in hedge funds he controlled, causing $200 million in losses. He is charged with one count of conspiracy, eight counts of securities fraud, and one count of wire fraud in an indictment filed yesterday, which replaces an earlier criminal complaint, according to the statement.

The founder and former chief investment officer of Cayman Islands-based Absolute Capital Management Holdings Ltd. is accused of “cross trading” billions of shares of penny stocks between the company’s funds to boost the value of the otherwise illiquid securities.

Inflated Prices
The trades, through a Los Angeles-based broker-dealer that Homm co-owned, generated fees for Homm and Absolute Capital and also inflated the price of Absolute Capital’s shares, prosecutors said. Homm sold his shares and resigned from Absolute Capital on Sept. 18, 2007, according to the statement.

Homm is still in Florence awaiting extradition. There is no date set for those proceedings.

Homm doesn’t have a lawyer yet in the criminal case, according to Stephen Cazares, an assistant U.S. attorney in the case.

The case is U.S. v. Homm, 13-MJ-00740, U.S. District Court, Central District of California (Los Angeles). The SEC case is Securities and Exchange Commission v. Ficeto, 11-cv-01637, U.S. District Court, Central District of California (Los Angeles).

To contact the reporters on this story:

To contact the reporter on this story: Joel Rosenblatt in San Francisco at [e-mail] Edvard Pettersson in Los Angeles federal court at [e-mail]

[BBseller]

Have you heard the great news?! Feller is still Fellering and this pos joke is about to ruin the common on the already ruined SMDI joke. What does Rich Chou the paid pumper joke have to say now? And what about Jerold that doesn't do anything but take a salary like the other wankers?


WAHOO!!


You gots Fellered!

[BBseller]

any good news here? Did they settle the lawsuits with the landlords yet? Looks like they are after another raise to pay some outlandish salaries to the wanks that run this shell.


this was and always will be a Fellered joke

[BBseller]

Definition of "Fellered":


Lied to, ruined financially, shammed, disallowed to sell legitimate 144 stock in order to maintain stock manipulation, scammed, not getting paid rent, not paying vendors for product already delivered, coaxed out of one's capital in order to pay Paul Feller's ridiculous salary, not paying child support, one's own counsel firing you due to non payment.


Questions?

Please see PELE for final outcome of "A damn good Fellering"

[Hole shot King]

this is for Stratus stock to get Pro going as they stated in a filing so they don't have to cash out proelite IMO they will save that for smdi

Quote:
--------------------------------------------------------------------------------
Amended Statement of Beneficial Ownership (sc 13d/a) ....stratus/Proelite



B. The Company is in the process of attempting a recapitalization (the “ Recapitalization ”) pursuant to which the Company desires to (i) raise capital to restart certain of its operations; (ii) restructure certain of its equity; and (c) extinguish a significant portion of its debt, although no assurance can be given that the Recapitalization will be successful in whole or in part.

http://www.otcmarkets.com/stock/SMDI/filings

[236T568]

you do understand where this is the part where current PELE stockholders get diluted 100 to 1, don't you?

Amended Statement of Beneficial Ownership (sc 13d/a) ....stratus/Proelite

ih.advfn.com/p.php?pid=nmona&article=57922352

B. The Company is in the process of attempting a recapitalization (the “ Recapitalization ”) pursuant to which the Company desires to (i) raise capital to restart certain of its operations; (ii) restructure certain of its equity; and (c) extinguish a significant portion of its debt, although no assurance can be given that the Recapitalization will be successful in whole or in part.

[Suppressed Image]

[Hole shot King]

Amended Statement of Beneficial Ownership (sc 13d/a) ....stratus/Proelite

http://ih.advfn.com/p.php?pid=nmona&article=57922352

B. The Company is in the process of attempting a recapitalization (the “ Recapitalization ”) pursuant to which the Company desires to (i) raise capital to restart certain of its operations; (ii) restructure certain of its equity; and (c) extinguish a significant portion of its debt, although no assurance can be given that the Recapitalization will be successful in whole or in part.

[whateva77]

Thanks..lol

[BBseller]

nope, just looks like Feller needs some more money from suckers to support himself and the useless BOD here.

[whateva77]

Whats going on here anything new? Lol

[BBseller]

how's this doing with it's filings with the sec? Still revoked looks like


Great job Paul Feller and fellow salary taking worthless wanks. Keep up the lying to investors and see what the SEC does to you all.

Care to update the ibox or just want to pretend this is still in business?

what an utter joke. I truly hope the sec shuts feller and the other liars and stock manipulators down for good

[BBseller]

better post his bio again. Is he a part of the slimy management here that got this revoked, sucks out every dollar invested as a salary and never does a damn thing?



Revoked and zeroed!

yet some still champion utter dog crap, amazing

[Cowboy200009]

Nice! And good to hear!

Go ProElite!

[Lighthouse]

From rich Chou... Tick tock... Ducks sound like they may be lining up??

"Nothing yet, but we are closer for what it's worth "

[Cowboy200009]

And if you look at the Top 7 MMA Events of all time, Pro still holds 4 of the 7 along with the Number 2 Spot and again if I were looking for a Broadcast Partner that data would be pretty hard to ignore especially if my name is not Fox!

Go ProElite!

[BBseller]

laughable! Pro didn't even sponsor 5 events total with the 12m they received from lying to investors aided by Feller. How's his college degree coming btw? And the amex listing here?


Guess they passed out rosy glasses to investors along with worthless stock certs

[Cowboy200009]

It is also interesting that Pro still have 5 of the 10 most Viewed MMA Events of all time. If I were looking for a Broadcast Partner that data would be pretty hard to ignore especially if my name is not Fox!

Go ProElite!

[BBseller]

do you realize you will get almost zero after the restructure? You got Fellered buddy!



You can remain as optimistic as you want but this got revoked and zeroed.

[Cowboy200009]

Sounds about right when they would want to make that kind of move and makes you wonder who else they may want to look to for partnerships.

Go ProElite!

[Cowboy200009]

Very interesting indeed!

Go ProElite!

[Hole shot King]

Showtime

I think more likely it's late 2013 or 2014."

http://www.bloodyelbow.com/2013/5/14/4330496/showtime-not-done-with-mma-invicta-fc-could-be-possible-target

interesting time frame

[Cowboy200009]

I still remain optimistic Pro is going to be back and IMO I think their timing could not be much better as there remain a lot of opportunity, so think we will see something before the summer is out. IMO.

Go ProElite

[BBseller]

any update on this Fellered pos joke? They still soliciting investors with false promises of riches and fame?


BAHAHHAHAHHAHHAHAHA. Maybe some other rich fool will lend his name to this until they suck out all the capital with their salaries for doing nil?? ROFL!



Time to update the bios of the codgers that ran this failed joke

[BBseller]

SOMEBODY PLEASE UPDATE THE IBOX AS IT IS MISLEADING!!! THIS IS DELISTED. HELLO!!

[BBseller]

How about an Ibox update? Let's make it real since this is a delisted pos joke with no operations. Pull some of that old crap that Pro once did please, very misleading to potential PPMers

[whateva77]

Hmmmmmm...if they can't trade and have a restriction..they should be wothless st the moment..I wonder whats up wit dat? Lol Maybe not dead yet.

[Chasing Pennies]

Interesting indeed. Thanks for sharing this scenario. I have about 5,000 worthless shares of PELE...

What a huge disappointment...

If you make any progress in this option, I would greatly appreciate your shared feedback.

Have a good one, DT! Thanks again... and best of luck.
-CP

[BBseller]

Need Ibox update as this is Delisted and zeroed due to managements failings. Business license is also currently expired on SMDI. Can some kindly warn potential victims of the Paul Feller money raises in this joke?

[BBseller]

were your shares free trading or restricted and purchased privately?

[DalaiTom]

Has anyone here tried to have their shares removed from their account in order to claim a tax loss? I tried with Scottrade but they said they couldn't remove the shares because there is a "restriction" on the stock...

I tried explaining that the stock was restricted but is now revoked, but he said it's a industry wide thing and he couldn't do anything about it. He suggested contacting the IRS to find out how to declare the shares as worthless. He said if I do that and the stock starts trading again, my shares would start with a zero cost basis. That actually sounds like a better option than having the shares removed (just in case).

[BBseller]

do you think Jerold can pay the $500 to get the business license back in good standing?

Thought this guy was a bio god!

[BBseller]

Have you heard the great news!!


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87325428

[BBseller]

Have you heard the great news?! Paul Feller still went to Pepperdine! ROFL!!

www.linkedin.com/in/paulfeller

BAHAHHAHAHAHHAHA, even after this guy gets caught lying he still lies! ROFL at this halted ZERO

Does Fellco group solicit money for SMDI?? hmmmmm highly likely says magic 8 ball