Android IHub App - Just wondering if there is any word on a planned released date?

Thanks in advance!

I think both would be worth the call! I am sure they both will have something to say.

I think it worth calling and may let us know where things are at!

Up 30% Is very good in my books!

Go Proelite

I think this may be what they are talking about! Sounds pretty big!

Penny Stock Promoters Charged by SEC in Series of Kickback Schemes
Thursday, October 7th, 2010

Washington, D.C., —On October 7, 2010, the (SEC) Securities and Exchange Commission charged more than a dozen penny stock promoters and their companies with securities fraud for their roles in various illicit kickback schemes to manipulate the volume and price of microcap stocks and illegally generate stock sales. One of the schemes was perpetrated by an actor who starred as a police officer on the long-running television show CHiPs.

SEC worked closely with the U.S. Attorney’s Office for the Southern District of Florida and the Federal Bureau of Investigation as the separate schemes were uncovered through FBI undercover operations conducted in such a way that no investors suffered harm. The U.S. Attorney today announced criminal charges against some of the same individuals facing SEC civil charges.

In the SEC’s complaints filed in U.S. District Court for the Southern District of Florida, the schemes generally involved the payment of kickbacks to purportedly corrupt pension fund managers or stockbrokers, who would use their clients’ accounts to purchase the publicly traded stock of microcap issuers controlled or promoted by the individuals and companies charged today. What the promoters and insiders did not know was that the people with whom they arranged these illegal transactions were actually undercover FBI agents or confidential sources participating in undercover operations.

“These corrupt promoters meticulously planned their schemes down to the last detail, except for the possibility that they were walking into an undercover operation,” said Robert Khuzami, Director of the SEC’s Division of Enforcement. “This joint law enforcement effort is a stark warning to those who embark on securities fraud schemes that we may be listening and we may be watching.”

Eric I. Bustillo, Director of the SEC’s Miami Regional Office, added, “These penny stock promoters paid illicit kickbacks to people who they thought would help them profit at the expense of unsuspecting investors by manipulating the price of their stock or fraudulently selling their shares.”

The SEC’s complaints allege the following individuals and companies perpetrated various kickback schemes:

* Larry Wilcox, who lives in West Hills, Calif., and played Officer Jonathan “Jon” Baker on CHiPs, perpetrated interrelated kickback schemes with two other penny stock company executives. Anthony Mellone, who lives in Fort Lauderdale and was CEO of Tri-Star Holdings Inc., began the process by paying an illegal kickback to a purported employee pension fund trustee who was to purchase 40 million restricted shares of Tri-Star stock. Days later, Mellone paid another kickback for a purchase of 50 million restricted shares of stock. Unbeknownst to Mellone, the corrupt trustee and the trustee’s business associate were undercover FBI agents, and another middleman was an FBI cooperating witness. Mellone, satisfied how the deal worked for his own company, sought to implement the same fraud with others. He informed Wilcox and Alex Parsinia of Calabasas, Calif., about the purportedly corrupt trustee, and both agreed to replicate the scheme for their own companies. Mellone demanded and received a $1,000 kickback from the witness for each completed restricted stock transaction he initiated. In each instance, the three attempted to conceal the kickback by entering into a consulting agreement with a phony company the trustee purportedly created to receive the kickback. Parsinia’s company is Zcom Networks Inc. and Wilcox’s company is The UC Hub Group.

* Jean R. Charbit and Tzemach David Netzer Korem engaged in a fraudulent kickback scheme to manipulate the stock of a microcap company so they could then sell their own shares at an artificially inflated price. Charbit, a stock promoter, paid an illegal kickback to a purported corrupt stock broker (actually an undercover FBI agent) to induce him to purchase $300,000 worth of stock in the microcap company for his clients’ discretionary accounts. Korem drafted press releases for the penny stock company and served as its transfer agent through his company, First Public Securities Transfer. Korem, as the penny stock company’s transfer agent, issued the stock certificate for the kickback. Charbit is a French citizen with a residence in Miami. Korem is believed to reside in Los Altos, Calif., and has several aliases. He also created a fictitious country, the Dominion of Melchizedek, which claims “ecclesiastical sovereignty” on an island in the South Pacific and has been the subject of criminal prosecutions in several countries.

* Scott R. Sand, the CEO and Chairman of Ingen Technologies, paid illegal kickbacks to an FBI undercover agent portraying an employee pension fund manager and to a cooperating witness portraying the manager’s associate. The kickbacks were to induce the employee pension fund manager and his associate to purchase millions of restricted shares of Ingen stock. Sand also issued millions of shares of Ingen stock to the associate in exchange for acting as a middleman in the scheme. Sand told the purported manager and associate that he was trying to generate the appearance of market interest in his company, induce public purchases of its stock, and ultimately increase the stock’s trading price. Sand lives in Calimesa, Calif.

* Jeffrey Galpern, a stock promoter who lives in Boca Raton, Fla., told a cooperating FBI witness that he held four million shares of stock in a Las Vegas-based microcap company and wanted to increase its value. Once the price spiked, Galpern planned to sell his own shares of the stock. He offered to promote the stock through a promotional website, and indicated that properly-timed press releases would sufficiently disguise any spike in trading volume by making it appear they were the reason behind it. Galpern intended to repeat the scheme at larger volumes and told the cooperating witness they could “continuously make money” through such a fraud.

* Bruce Palmer and his company AccessKey IP Inc. paid an illegal kickback of 30 million shares of restricted AccessKey stock to a purported corrupt stock broker (who was actually an undercover FBI agent) so he would purchase 90 million shares of AccessKey stock in order to generate the appearance of market interest in Palmer’s company. Palmer attempted to conceal the kickback by issuing the shares to the broker’s girlfriend and drafting three AccessKey press releases to provide a reason for the anticipated higher-than-normal trading volume created by the large purchase. Palmer did not know the broker’s girlfriend was a fictional character created by the FBI. Palmer resides in Placitas, N.M.

* A pair of executives at Texas-based penny stock companies Earthworks Entertainment Inc. and The Fight Zone Inc. paid illegal kickbacks to a purported trustee of an employee pension fund so the trustee would purchase 40 million restricted shares of Earthworks and 200 million restricted shares of Fight Zone stock. John “Buckeye” Epstein and Steven E. Humphries attempted to conceal the kickback by entering into a consulting agreement with a phony company the trustee purportedly created solely for the fraud. However, the corrupt fund trustee and the trustee’s friend who helped arrange the deal were actually undercover FBI agents. The company was actually a fictional entity created by the FBI for the sting operation. Epstein resides in Addison, Texas, and Humphries lives in Plano, Texas.


SEC alleges that the promoters in some of these schemes understood that they needed to disguise the kickbacks as payments to phony consulting companies, which they knew would perform no actual work. In other instances, they knew that the purported corrupt fund managers and brokers would be violating their fiduciary duties to their clients by taking part in the kickback schemes.

These SEC’s complaints allege the defendants violated Section 17(a) of the Securities Act of 1933, and Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934. The SEC is seeking permanent injunctions and financial penalties against all defendants; disgorgement plus prejudgment interest against defendants that received ill-gotten gains; officer-and-director bars against the individuals who served as officers or directors of the microcap companies involved; and penny stock bars against all individual defendants.

This information was obtained from the SEC’s website.

If you feel you are a victim of these alleged fraudulent schemes of these individuals or companies, call a Securities arbitration lawyer for a free consultation on how to recover your losses. To speak with an attorney, call 888-760-6552, or visit www.stockmarketlawsuit.com. Soreide Law Group, PLLC., representing investors nationwide before FINRA the Financial Industry Regulatory Authority.

http://stockmarketlawsuit.com/securitiesfraudlawyer/?tag=john-buckeye-epstein

First of this first meeting between the ShowTime and the UFC was everything to be expected as described as was "deemed a success" and as Scott Coker described it "I think it was a good business meeting,". Not too convincing in my mind and what would you expect at this point as they are going too try fit a square peg in a round hole and make the best of it for the time being. Neither one will want to throw the first punch but they are both planing and believe me when it is all over it will be battle and they all know it.

First of all it was only the first meeting and second of all Dana White was not there! Good moves on the part of the UFC but don't think for minute ShowTime is not paying attention to the UFC's every move and they realize as should everyone this is only the "HONEYMOON" STAGE of the Relationship in an Arranged Wedding that ShowTime has had no say in and that the UFC have no real say in the costs payable to ShowTime and Proelite for that matter.

Make no mistake about it the UFC and ShowTime have COMPETING INTERESTS that WILL create CONFLICT of epic proportions. We also have to keep in mind the UFC will continue it's own Production on it's own show on Pay Per View, will continue it's broadcast on Spike with UF and others pieces and also probably will continue some relationship on Versus. Also think of what it's costing them to Produce and Broadcast on all these different formats with competing Brands that will create issue for the consumer and public.

If not these all become options and opportunity for Proelite and others.

You can bet that there are tons of other Partners Interested to Broadcast MMA with it's intense and growing popularity including the likes of NBC, ABC, Fox and do not forget HBO who are all looking hard on how to position themselves in the eyes of the public and gain access to greater viewership and dollars.

We also have to realize the relationship with and Broadcast on CBS itself is whole other one and they already have had issues with Strikeforce much less add in the multi-fronted competing interest on and and from the UFC with it's own Broadcast and Broadcast on directly competing stations.

And again the Standing Record of Broadcast on Public television was by Proelite with CBS! Don't think for a minute that CBS has forgot that and others are watching and waiting in the wings for the opportunity to jump in if they don't.

The bottom line is the UFC will downgrade and dismantle Strikeforce and Proelite is on the build to brighter and bigger things.

In my view Proelite has nothing to worry about and is very well positioned to capitalize off this in a big way! And they Will IMO!
All GREAT for Proelite and it's immediate future!

Go Proelite

Over 40% up! It's great to end the day on a good note! Much much more to come! IMO!

Go Proelite!

Yes! And although there were other Bidders as well, the lead Negotiations and Bid for the better part of a year was Proelite to a point Proelite were very very close to closing the Deal themselves in the acquisition of Strikeforce as the Number 2 MMA Promotion in the world.

The word is that the UFC was very very concerned about Proelite buying Strikeforce and for the most part was quite willing to spend whatever it took to buy Strikforce out of that concern.

What we have heard is that the Proelite bid was in the 40 Million Dollar range and the UFC had to up the Bid in order to keep it out of Proelite hands.

What does this mean?

To me it is simple! The UFC had to spend 40+ Million out of its own reserves to acquire Strikeforce and Proelite now still has in the area of 40 Million in it own Financial holding in addition to it's other assets including Brands( Proelite, ElliteXC, Cage Rage, SpiritMC, etc ), Event and Fighter Video Library and return on Licensing and Contracts including the ones with Strikeforce and King of The Cage.

The UFC now have to deal with operation of 2 essentially completing Brands and Organizations that it cannot afford to run as equals for a variety of reasons.

It will down size as it has too many Fighters and not enough shows to keep them busy.

The UFC will now have to negotiate with Showtime/CBS with it's Strikeforce Brand while ShowTime/CBS have a large holding and interest in PROELITE.

ShowTime/CBS will be negotiating with the UFC while knowing that the UFC with it's own Brand does all of it's own production which will now complete with it's other Brand Strikeforce which will Broadcast on at least for the time being on ShowTime. You can bet that UFC will look for every opportunity to and Promote it's own show which does not Broadcast on ShowTime. This in my view cannot and will not make ShowTime happy in any way.

The Broadcast Teams including people like Frank Shamrock, The Strikeforce Production on ShowTime and the Contract of Fedor Emelianenko are under Contact with ShowTime and not Strikeforce.

There are tons of fighters who are now technically working for or at least under the UFC who have had numerous falling outs with them including Paul Daley, Dan Henderson, Josh Barnett and Frank Shamrock. Others will have issues with the UFC Business model and approach which I think they will include Alistair Overeem and Nick Diaz.

And at the end of the day the UFC will close down Strikeforce as they have done with every other acquisition including Pride, World Fighting Alliance and the WEC.

This is all huge for Proelite!

The venues, Fighters and Fans will be looking to have another major Promotion at least to keep the market and product competitive and to allow options otherwise costs to Consumers and/or Fans will go up, Fighter Wages and Product Quality will go down.

This is all great for Proelite and I believe like many that Proelite can and will capitalize on it looking to drive itself as an International MMA Promotion and company. IMO!

Go Proelite Symbol PELE

Apparently UFC was not the only hunter circling the prey that was Strikeforce.

Pro Elite Inc. Interest May Have Forced UFC's Hand
Apparently UFC was not the only hunter circling the prey that was Strikeforce.

ProElite Inc., the once-mighty fight-promotion company purchased for pennies on the dollar in February 2010 by Stratus Media Group Inc., had been in ongoing negotiations with Strikeforce and had met face to face with company CEO Scott Coker, sources close to the negotiations today told MMAjunkie.com.

"There were offers made both ways," said one source.

All those negotiations were blown out the water though when UFC's parent company Zuffa LLC swooped for Strikeforce yesterday afternoon, with the intention of running both promotions seperately.

ProElite Inc. first inquired about purchasing Strikeforce mere months after it was taken over by Stratus Media Group in early 2010, and talks had intensified within the past month, one source said.

The revamped company's proposal to acquire the California-based promotion may have included cash and stock paid to Silicon Valley Sports & Entertainment, a sports-franchise company that owns Strikeforce along with Coker, another source said.

Source: MMAJunkie.com

http://www.addictedmma.com/story-News_1481_Pro-Elite-Inc-Interest-May-Have-Forced-UFC039s.php

Go Proelite

So much for "Business as Usual" for Strikeforce but how can we be surprised! These effectively were the junior events for Strikeforce!

The irony of this is that Strikeforce effectively will and/or has become the Junior Event and this clearly moves in that direction! As a famous Back Catcher once said "This Looks Like Deja Vu All Over Again" Ultimately as history would tell us this is truly "Business as Usual" for the UFC!

I do agree this leaves more than one door open and I am sure that Pro will continue to evaluate all it's options and position itself to capitalize as and where need be! But I do agree and think more options just opened up and it just became whole lot easier! IMO!

Go Proelite

Absolutely! Lot's of great information out there! All they have to do is look!
Subject Author Date/Time
I find it very encouraging that on the
Cowboy200009 01/18/2011 02:05:52 AM Post# 8307
LOL! Yes it is my understand Stratus have
Cowboy200009 09/02/2010 02:01:29 PM Post# 7656
I'm thinking Stratus has big Plans for Proelite
Cowboy200009 02/17/2010 07:33:18 PM Post# 5570
Stratus Media Group Signs Partnership Agreement with Dubai
Cowboy200009 02/12/2010 01:01:48 PM Post # 5538

Go Proelite

First of all that's BS! Strikeforce made tons of money with "Strikeforce Banks $30 Million in Revenue This Fiscal Year" reported by everyone and year after year have made more and more since their launch in 2006!

The UFC can be the Microsoft all it wants as Proelite will be aiming to be the Apple and maybe even Google of MMA! I'm sure 5 years ago Microsoft didn't think much of them either! LOL!

In MMA or otherwise, same core product, slightly different end product with a huge market and growing! Lots of potential and room for everyone!

Go Proelite

LOL!!!!!!

Thanks! Great work on the information! I think it will be great for anyone who wants to know for sure!

Go Proelite

Agreed and nicely said! And to Quote Clint Eastwood as Dirty Harry "Well, opinions are like assholes... everybody has one.". I think he was defining the net worth of options! That's my guess! LOL!

YES! Yes it appears to be Massive Dilution!

At the 60 Million Shares traded for the day if the appeared dumping continues we will have another over 2.5 Billion Shares dumped on the market in less than 8.5 weeks rather than the 10 previous weeks it took the last time between Dec 20 / 2010 and Mar 04 / 2011 as per the public fillings.

So yes that's what I would call that massive dilution!!!

If that's the case we would end up very close to the 3/4 point of the way to the 10 Billion Shares Authorized! Not good for share holders or the company! IMO!

Good suggestion and I think it's worth considering with one collective note on the current status and available information on the company!

Although I do not think it is a big panic as some will do as they do! Some pump, some dump and some do nothing waiting it out with the smart money play for big gains! The smart money will also continue to buy as others sell at their own loss and our future gains! It's all good and personally feel no need to worry whatsoever as I feel they are big days ahead!

Go Proelite

Totally agree! Being realistic we hear some talk about the amount of money Proelite went threw in its last round after a meteoric rise lead by others and we can all agree they made millions and spent more than they were taking in at some point. I guess they forgot a calculator in that round spending but that does not mean there was not value in what they did and to some degree it is a right of passage.

Whether I like or agree with Dana White or not on most things he is quick to tell everyone that will listen that big money needs to be spent to get in to MMA and again the UFC under it's current ownership spent similarly to it's own detriment and again according to source including Lorenzo Fertitta "UFC began to regain traction among fans, but the Fertittas--who spend 90% of their time running Station Casinos while White runs the day-to-day operations of UFC--were having trouble breaking even. They had dumped $44 million of their family's money into the venture in their first three years, often blowing cash on flashy magazine spreads in men's publications like Maxim and Playboy. "One morning in 2004 I called Dana and said we wanted out," says Lorenzo Fertitta. "We were spending our family fortune. Dana called back and said he had found a buyer offering $4 million. The offer was too low, and the brothers decided to spend a little more. After producing a reality-TV show called American Casino about life at their Green Valley Ranch hotel outside Vegas, the Fertittas spent $10 million filming another show, The Ultimate Fighter. "

To some degree Proelite has went through a very similar run and I believe now has now invested heavily and now has paid it's dues while becoming a huge name and at this point being largely debt free.

We are on to a new day with a name good, bad and otherwise and product that is internationally known! The company is back with new ownership, new money, the guys who made it happen before and new a plan with a wealth of knowledge and connections. All good in my books and the market is prime and ready! Nothing but great things for Proelite and us.

Go Proelite

Just some of the top Fighters who have fought under the Proelite Banner include Vitor Belfort, Frank Shamrock, Cung Lee, Royce Gracie, Brock Lesnar, Andrei Arlovski, Eddie Alvarez, Antonio Silva, Brent Rogers, Roy Nelson, Jake Shields, Robbie Lawler, Paul Daley, Rafael Feijão, Joey Villasenor, Mike Pyle, KJ Noons, Scott Smith, Nick Diaz, Ken Shamrock, Thomas Denny, Tank Abbott, Aaron Rosa, Yves Edwards, Kazushi Sakuraba, Melvin Manhoef, Duane Ludwig, Paul Buentello, Jon Murphy, Kendall Grove, Joe Riggs, Gilbert Melendez, Charles "Krazy Horse" Bennett, Jonathan Wiezorek, Ron Waterman, Yushin Okami, Carlos Condit, Ricco Rodrigue, Benji Radach, Mostapha Al-Turk, Marius Zaromskis, Jason Guida, Kyle Noke, Rafael Cavalcante, Dave Herman, James Thompson, Wilson Reis, Kimbo Slice, Murilo “Ninja” Rua, David Loiseau, Wesley Correira, Frank Trigg, Phil Baroni, Renzo Gracie, Kaitlin Young, Julie Kedzie, Miesha Tate, Gina Carano and Cris Cyborg. Just to name a few!

Go Proelite

Thanks but no Luck required! This stock is going up! Way Up!

Go Proelite!

Say's who! First of all we know the UFC lost 44 Million dollars in the first 3 years of operation under it's current ownership and according to Lorenzo Fertitta. "We were spending our family fortune" almost sold it for 4 million dollars after that time and dumping 44 million into it.

We do know the only real thing that saved the UFC was a little know TV Series put on Spike called Ultimate Fighter which changed there fate and history.

The Strikeforce reason for sale is all speculation and the only real things known are that Scott Cokers Partners, Silicon Valley Sports & Entertainment (SVSE) wanted get back their core business of venue and Hockey managers as owners of the HP Pavillion and San Jose Sharks. The understanding is that Scott Coker made a ton money and will continue to make great money at least for the time being. Great Deal for him over all! Any report of losing money is purely and only speculation by some and by no means the majority as I understand it. It is being widely reporting there were 25 Million in Broadcast Licensing Fee's alone much less Sponsorships, merchandise and other revenues and fee's the organization might have had.

Go Proelite!

Looks like more massive dilution with what appears to be another 60 Million Shares dumped on the market today.

Bid Price, Low and Close price of 0.0001.

Looks to be well on the way to on what appears to be it's aim at maxing out the 10 Billion Authorized Shares it now has with over doubling both the Outstanding Shares and the Float since Dec 20 / 2010 which reflects the incredible increase of over 2.5 Billion Shares in both cases.

Looks like bad news once again for investors and the company with what appears to be no available plan for recovery! The current plan appears to be use Shares sales to fund operations and this in my view is not real plan!

Zuffa-Strikeforce Deal Could Mean Uncertain Future for Women's MMA

By Ben FowlkesPosted: 03/15/2011 03:30 PM ET
Of all the Strikeforce fighters who are struggling to figure out what the sale of their employer to its biggest rival will mean for them, it's the women on the roster who are in perhaps the most precarious position.

Despite UFC president Dana White's assurances that it's "business as usual" for Strikeforce after being purchased by Zuffa, the female fighters now find themselves working for a company that is owned in part by a man who isn't a big fan of what they bring to the table. As you can imagine, it's a situation that makes some of them very nervous about the future of women's MMA in general, as well as for their own jobs.

"I am a little worried," said 135-pound Strikeforce fighter Miesha Tate. "I just don't know what's going to happen. Now we're all under Zuffa, and the one man who's the big voice there can't appreciate women's fighting."

In the past, White has made no secret of the fact that he's not interested in getting into the business of women's MMA. He's said publicly that he has no intention of ever adding female fighters to the UFC roster, and on Monday's media call White said his thoughts on the women's division now are "the same as they were before," adding "that's Scott [Coker's] deal."

Ken Pavia - Top MMA Agent - @JoshGrossESPN @philbaroni dont look now but Pro Elite stock (pele.pk) is to .24 on big volume. Something is brewing...

http://twitter.com/kenpavia

Established in 2005 by long time baseball and hockey agent Ken Pavia, MMAagents is an industry leader in mixed martial arts sports management. MMAagents is a full service sports management agency, providing its clients with lucrative fighting opportunities, sponsorships, appearances, legal assistance, commission compliance, media relations, fighter branding, career guidance, and much more. At MMAagents, our philosophy is that fighters should worry about fighting while we handle everything else.

MMAagents boasts a roster of over fifty world class mixed martial arts fighters, forty of which are current or former Zuffa fighters. Each of our clients has fought in an elite organization such as the UFC, WEC, Pride, Strikeforce, Pro Elite, Affliction, or the PFC. In 2009 MMAagents clients competed in thirty eight different promotional organizations in eight different countries around the world.

Founder Ken Pavia is a law school graduate with over eighteen years experience as a sports agent. MMAagents has a full time staff of four including a licensed attorney. No one in the industry has the connections and experience that MMAagents has. The MMAagents team works hard twenty five hours a day, eight days a week, to make our client's dreams come true

http://www.mmaagents.com/about.php

Go Proelite

I was thinking the same thing!

Good summary! I forgot about the King of the Cage revenue as well and don't forget about there huge international connections already in place with their own brands of Cage Rage, Icon Sport and Spirit MC and as well as Rumble on the Rock. Additionally the previous Co-Promotion events and agreements with Dream, K1's Dynamite and also the with the Ring of Fire, This stock is going to go up!

Go Proelite!

Up 275%, still climbing and more eyes on this stock than ever!

Go Proelite

Up another over 100% and still climbing!

Go Proelite

Already great momentum with lots more to come! This stock is going up and wait until more News is released!

Go Proelite

The only thing Strikeforce actually bought was about 40 Fighter Contracts of the actual 140 Fighters under Contract with Proelite!

The other things as I understand it that were part of the deal were in exchange for royalties were licences for use including the Fight Library which Pro would also retain ownership and rights to for it's own use, other items were the use certain trademarks which again were only for use including the ShoXC Brand and other items included the TV Broadcast rights with royalties to be paid to Proelite for the Broadcast of Strikeforce Events. Pro also continues to own all other trademarks rights and rights to all its own Events including EliteXC, CageRage and SpiritMC in addition the Trademark and use of it's own brand in Proelite itself!

Go Proelite

I was just about to post that as well! LOL!

Big things and the MMA landscape is wide open with I think Fedor, Daley, Barnett, etc and I think maybe even Henderson will be happy to join Pro at the end of the day both as Fighter and a Promoter of his MMA Line Clinch Gear because I think the UFC will focus on its own key Sponsor group which does not include Clinch Gear, EA Sports or RockStar for that matter. I'm sure they will let their Contracts play out but do not expect anything one inch beyond the Contract term or requirements and my guess we will see a casual reduction with a firm transition to the UFC loyalist along with the UFC's own Brand and its own products.

I'm sure all these other company's and fighters will be very happy at the end of the day to have a choice and option with Proelite because in the UFC World you can bet the choice will not be there's! That's my guess and all IMO!

Go Proelite!

Bar Charts showing PROELITE = STRONG BUY

http://www.barchart.com/quotes/stocks/PELE

Go Proelite

It has been a great day but many more and much bigger ones to come!!! IMO

Go Proelite Symbol PELE

This is all fantastic for Proelite! It is my understanding the TV Deal for Strikeforce/UFC with Showtime will end in Feb 2012 and I believe the one with CBS was purely at CBS's discretion! Hmmm...!!!!

Go Proelite! Symbol PELE

You are right on the money as far as the numbers! There is very good information the bids were in at 40 Million dollar range and I understand it Proelite was right in the negotiations and actually the lead bid to a point of being very close to closing the deal themselves. What's next? Expect them to come back with a big stick and big Plans! That's my guess!

Go Proelite Symbol PELE

Now UP over 241%

Go Proelite Symbol PELE

I think we can all look forward to Proelite on CBS and ShowTime sometime in not too long at all! IMO!

Go Proelite! Symbol PELE

Dave Meltzer rejects the notion that this is about signing fighters on his radio show:

* "The UFC can run enough shows to keep 200 fighters busy. Right now they've got 260 fighters under contract."
* "Strikeforce has too many fighters under contract. The UFC has too many fighters under contract."
* "At some point down the road they'd like to be running events in Europe on the same night they're doing events in the U.S. but that's not the situation now."
* "Can the UFC give up mega-fights it needs for pay-per-view for a network show on CBS? It's tricky."

http://www.bloodyelbow.com/2011/3/12/2047006/UFC-strikeforce-open-questions-after-purchase

Go Proelite!

"In two years, Strikeforce will cease to exist."

The Fight Network reports on Zuffa LLC., the parent company of the Ultimate Fighting Championship, acquiring rival mixed martial arts organization Strikeforce. Dana White’s response of “it’s literally business as usual” is only part of the answer, it’s not the whole story. The truth is Strikeforce will be fully absorbed into the UFC within the next two years.

Fighters Only gives their analysis on the purchase:

Strikeforce’s deal with Showtime has two years left to run and so for the next two years, Strikeforce effectively becomes what the WEC used to be. It serves as somewhere for the UFC fighters it doesn’t want to outright discard but doesn’t want for the UFC, and it serves to block another promotion making a home on the Showtime network in key slots currently occupied by Strikeforce.

In two years, Strikeforce will cease to exist. As soon as Showtime are out of the picture it will be absorbed into the UFC and the brand name will be laid to rest, possibly even ending up on the gravestone that Dana White has in the Zuffa office, inscribed with the names of other rival promotions who stepped up to challenge the UFC’s dominance.

Yesterday’s deal in some ways makes Bellator, with its MTV 2 deal, the number two US promotion. Its hard to escape the feeling that the turrets of Zuffa HQ are soon going to be turning slowly but inexorably in their direction. There will be no peace in the North American MMA war until Zuffa has won.

http://fightcapital.com/web/

Go Proelite!

M-1: Fedor's contract is with Showtime

Speaking to MMAWeekly.com on Saturday, M-1 Global’s Evgeni Kogan stated that Fedor is under contract, with Showtime, and they look forward to fulfilling that deal.

‘Fedor’s contract is with Showtime Networks Inc and we’re excited to be working with such a premium North American outlet,” Kogan said.

http://www.mixedmartialarts.com/news/309552/M-1-Fedors-contract-is-with-Showtime/

All good for Proelite!

Go Proelite!