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This is great News and I expect as others that PELE will one of if not the biggest topic of discussion. I would not doubt they may even come with big News related the closing of old business and the next steps for new. They have been very quiet to say the least and it is an interesting but great step to have Status Conference call. I like most will look forward to it and personally hope and expect big things from but am either way very happy they are having it.
Who knows what might come out there ?
Go Proelite Symbol PELE
LOL! Exactly!
LOL! Yeah it would make for an interesting fight because neither one of us has a ground game. LOL! I know your going to be surprised but my money is still on good old CB though depending on how your betting because he'll take the scorecard for sure but all I need is one good kick and he will probably still get hold of me but my bet is he won't be hitting as hard after my kick because my plan is not to fight fair from the get go and in his old street fighting and EliteXC days he probably would have been ready for me but all UFC stuff has softened him up. LOL! He wouldn't even know who he was messing with till he got in the way me and my Dorito's, it's just something you never do to a man! LOL!
I think you have assessed this extremely well and have also felt similarly about the everything including stock price. I equally hope and think you have have to adjust the numbers upward as well. All the pieces are there and the potential is matched by few to none making this for one very interesting ride. I think and fully believe there are big things on very near horizon for Pro and will be happy to be there when it all happens which I believe will begin very soon.
Go Proelite
Looks like a good list with some good questions! I'm thinking and obviously hoping things are good order and Stratus is trying to tie up end business but it does not hurt at all to ask and hopefully push for answers and direction going forward.
Go PELE
Yeah I agree! I wish they would just get it over with as they are not doing themselves or any of us any favours. They just keep beating down the price rather than pushing it up to get even a fair or anywhere reasonable price.
I agree as well! Since they are willing to sell at ridiculously low prices I hope they continue to sell at a loss and let us buy them up for our gain, all the better for us because this one will be going up! Look out when it does because our time is coming!
Go PELE
My personal opinion with all joking aside, any news will see this Stock double to triple it's current value and more, alot more depending on the nature and type or types of news but I do think it's coming!
Go Proelite Symbol PELE
“To empower the MMA community by rebuilding and strengthening ProElite to earn the respect of fighters and fans alike, while ensuring thrilling live events that showcase the world’s leading fighters.”
Come on! I don't see us anywhere below say .03! Where is the enthusiasm! LOL!
LMAO! A dream home with mobility! My bet is that they weren't actually scared of the Loan Shark as much as the fact he might take the place on them. It all makes sense to me now, I thought it was just a regular one! LOL!
Somebody not too damn smart in my opinion but hey if they want to give away there shares they can go ahead! The loan shark who they borrowed the money from to pay the mortgage payment on there 8 foot camper house tent must have come looking for his money! LOL!
Go PELE!
Trump Entertainment Sells Atlantic City Casino
Filed in Trump Entertainment (TRMP) on Jun.07, 2010
Trump Entertainment Resorts (TRMP: 0.40 0.00%) has been able to revive negotiations with Coastal Marina LLC for the rights to the Trump Marina Hotel and Casino in Atlantic City.
Previous negotiations fell apart in 2008 with both parties accusing the other of breach of contract, which resulted in a lawsuit over $17 million that Coastal paid as a deposit on the original sale.
Under terms of the new purchase agreement, both parties agreed to drop all pending litigation upon closing.
Coastal Marina will purchase the 27 story hotel, 80,000 square feet of gaming space and 60,000 square feet of convention space, nightclub, three players clubs, four retail outlets, six restaurants, cocktail lounge and health spa for $316 million.
Richard Fields, chairman of Coastal Marina said that the casino hotel will be re-branded and refurbished to fit within their “Margaritaville” brand.
“Together with Jimmy Buffet’s team at Margaritaville, our plans are to create an exciting new property that we believe will tap its full potential and make it one of the most successful destination gaming resorts in Atlantic City,” Fields said.
“They are buying a wonderful building in a great location. It has been an important part of our company with a loyal customer base and a dedicated team.” responded Trump.
http://www.casinogamingstock.net/news/trump-entertainment-trmp-sells-atlantic-city-casino-903091
I had actually forgot they had one there, I was thinking of the one in Atlantic City.
Tropicana Hotel & Casino
2831 Boardwalk
Atlantic City, NJ 08401-6338
http://www.tropicana.net/
And yes I have heard they are and have been in deep trouble but no affiliations of any other as I understand from Trump or the Trump organization in any way.
The Tropicana Casino has nothing to do with Trump Resorts and never has been, so is in no way a Trump Project.
The Tropicana is also not located in Vegas but is located in Atlantic City.
I am a little concerned about your information and any value it may have as you have the wrong Company in the wrong city but definitely does not appear to be anything at all related to this company or its business.
But thanks for warning and review on the Tropicana Casino.
When a company enters Bankruptcy I believe it required under US Law and the filling under Chapters 11 the company is required to add a Q to end( it was if I am not mistaken previously the beginning )of it's Stock Symbol name to signify to Investors and others it is under Bankruptcy Protection.
I would assume and hope it does change its symbol once again upon leaving Bankruptcy to again signify when it does that it no longer in Bankruptcy Protection and under Chapter 11.
So in reality the company appears to be following the rules under US Law and personally I kind of appreciate them doing that aside from following the Law is probably a better idea than not for obvious reasons, it also lets me and other existing and/or new interested investors know the status of a company and in this case this company. So in my mind from a time point of view the sooner the better meaning when it does that company is out of Bankruptcy Protection and on its way hopefully to bigger and better things such as ensure all who are still on board a more secure investment or at least I would hope that anyway.
One last comment, I am confused on why would you bold your posts much less the whole thing? Again look at Etiquette and common posting practice people often Bold a portion where there is key information or sometimes when they want a piece of the information to be highlighted or focused on. Just a comment but again as I have indicated to another such poster you may want to re-evaluate your posting technique and in reality it detracts from anything meaningful you may have to say.
I wish you well and good luck with your investments. Good luck to everyone.
Go TRMPQ
While I and I am sure others will and do appreciate your comments I am not so sure everything is so cut and dry. I do realize the base plan submitted was approved but am not clear or aware it was approved in its entirety and what this all really means. I still think there will be ongoing development affecting the real end outcome in either case.
The re-organization has really just begun and with that far from over with government watch dogs still reviewing appeals, monitoring progress and providing advisement as I understand it. I had someone on a board tell me something similar months ago and that they guaranteed it be selling .03 in the coming weeks at that time and they had heard and presented it as the preeminent doom noting the stock was going to be worthless but they based it on some items they presented as predetermined facts of course, none of which turned out to actually happen and needless to say we have watched the stock rise to above .30 a few times in the past few months and even for a period within the last few weeks. Very similar things have happened with the GM share values also in bankruptcy which actually did trade at one point as low or lower the lowest of these and today and for many months has traded .50 and more.
As far as the Plan as you have identified I also understand the company will be issuing new shares but am not so sure what it really means for the rest of us and is very typical in these types of situations and others, company's more commonly do this probably more so than we'd like but that's the way it goes.
In my view they will have some value either way, what - I'm not sure but have to feel they will still be worth more and better positioned under a more financially viable profitable reorganized company out of Bankruptcy than a financially challenged one in Bankruptcy. Personally I am willing to wait it out longer to see where this will really sit at the end of the day and as long I continue to feel it is financially viable for me to proceed in owning them I will continue to do so and if not so be it.
I still think its going to be an interesting ride with many more things to come and at the end of the day the company will be much stronger one way or another and hopefully all of us get our little piece of piece and realize gains through ownership or sale and if not than that is way it is and with the Stock market you just never know. Again I appreciate your comments but like yourself and all will play it as I see fit.
Just as a side note it very distracting and actually could be considered quite rude that you use CAPITALS for everything almost to a point of being that some could and might look at it as disrespectful. I would hope and believe that is not your intent but hope you do do see fit to re-evaluate your use of them. Just a comment.
I wish you well and hope you have the greatest of luck with your trades as I do hope for myself along with the others here. Good Luck to all.
Go TRMPQ
I have personally have not seen it but agree it would be good to have look at. I am thinking and with that hoping we will see something soon.
Go TRMPQ
No idea but I personally think its just the market continuing to struggle, no real recent News and Icahn continues to make noise, not that I think he will in any way be successful in his opposition, he's lost his bid and the courts and judge ruled in favour of Trump and the Bond Holders. In the meantime what he is doing will not aid the Stock but I personally think this will be short lived and we should see it begin to rise shortly but that's just my opinion of course.
Go TRMPQ
5 time World Champion which is a record! He is a beast and picking up MMA pretty well! I believe he is now 3-0 and it should be an interesting fight for Tim Sylvia. It could go either way but if Pudzianowski can use his size and strength early Tim will be in deep trouble. If Tim can push out the time then he will have very good chance and should be the favorite to win.
Nobody has lasted longer than a couple of minutes with Pudzianowski but then again he has not fought anyone on Tim's level yet. Beyond the first round it will depend on Tim's cardio because Pudzianowski cardio is the only thing in real question although you have to wonder if it will be an issue considering the cardio required in the World's Strong Man competition which he is phenomenal beating many previous champions time and time again. It should be very interesting and anybody underestimating either of them would be a mistake.
Go Pro!
ButterBean was suppose to fight Lyndon Byers at this Event but it was called off by the Commission due to Byers lack of experience to fight at this level with someone like ButterBean.
Yes it is my understanding Pro still holds many of these Contracts keeping in mind these were generally non-exclusive Contracts as it almost solely the UFC who likes to do Exclusive Contracts with a loophole for them to get out at their own discretion and at will.
The provision though as I understand it even where it is a non-exclusive Contract is you must have approval to fight in and for another organization and it must not affect or impact your ability to fight for the Organization with your primary Contract everybody else is very secondary and generally more on fight by fight basis.
It is my thought many of these Contracts that Pro due to a focus on mobilizing its business end and strengthening its financial position has not called in these Contract but as it gears up for the upcoming shows will flex its legal position on these Contracts as needed. The only ones that would be exempt would be ones sold to Strikeforce.
As previously stated publicly there are still about 100 that Pro still owned. It may choose not to exercise its rights on some depended on the value of the Contract and the value of the fighter but the others I am sure it will look to exercise its Contractual rights. I am sure Pro will also look to add to its roaster going forward with an abundance and growing other available fighters and probably look at co-Promotion as a shared benefit and shared risk which I also think is a good idea as well.
Looking forward to big things ahead! I think we will see a Fight Card very soon along with a long term plan. We are on the home stretch! IMO!
Go Proelite
It's actually been in the brew for some time. The Event owner and promoter is Eric Esch better know to the rest of the world as the MMA Fighter known "ButterBean" who also plans to be on future cards along with a number of other top fighters. The overall card is pretty good with lots of potential. It's good to another player in mix and shows an example of what Pro could easily put together for itself in the very near future.
Moosin USA
PRELIMINARY CARD:
Paul Barry (245 lbs) vs. Stipe Miocic (241 lbs)
Fed Belleton (185 lbs) vs. Anthony Lapsley (185 lbs)
Matt Lee (170.5 lbs) vs. Brett Oteri (175.5 lbs)
Ralph Johnson (171 lbs) vs. Forrest Petz (170.5 lbs)
Ho Jin Kim (196 lbs) vs. Lukasz Jurkowski (214 lbs)
MAIN CARD:
Tara LaRosa (129 lbs) vs. Roxanne Modafferi (128 lbs)
Yves Edwards (157 pounds) vs. Mike Campbell (156 pounds)
Travis Lutter (185 pounds) vs. Rafael Natal (185 pounds)
Travis Wiuff (253 lbs) vs. Josh Barnes (262 lbs)
Tim Sylvia (305 lbs) vs. Mariusz Pudzianowski (273 lbs)
Every possible revenue stream is important as well every piece of information is important which includes every PR so I am not sure where your coming from on this and not sure you do either and if you do indeed what exactly is the motive...Hmmmm...!
It is very distracting to constantly hear that some people would like to Stan and company to issue a PR of some kind and then when they do to to say it's never good enough.
As an active Investor I would think one would want to know and hear everything possible as I do either case as I see it to have access to every possible bit information to make informed decisions about my investments as I would think everyone one else would. I personally believe information and revenue of any sort is good but that's just me so I once again come back to my point in my struggle to find yours.
Any form of revenue for the company is good and anything that raises the company's profile in anyway is also very good and helps increase the probability of success and future potential. IMO!
GO POW!
Anybody selling especially at this point is a fool in my humble view. The second half 2010 has been slated as the big target by everything I have heard and read and we are floating out of May!
Everything I have read and heard is that the company continues to move forward and has Big Plans and Big things within those Plans. Stratus just had the Tele-Conference the end of last month and identified Proelite as a named premier property with big things in its future, stating its full intent to be International and slating the second half of 2010 when it planed to hold a series of events. I think this one is a winner and victories are close at hand. IMO!
Go Proelite Symbol PELE
I will do my best but you can't blame me because it's tough, especially rockin the Bowtie! You got me beat! LOL!
Owned and Renewed by Proelite Feb 08 / 2010!
Registrant:
PROELITE, INC.
12121 Wilshire Blvd. #1112
Los Angeles, California 90025
United States
Domain Name: CAGERAGE.TV
Created on: 11-Mar-04
Expires on: 11-Mar-11
Last Updated on: 08-Feb-10
Administrative Contact:
Lee, Kyle
PROELITE, INC.
12121 Wilshire Blvd. #1112
Los Angeles, California 90025
United States
+1.3105268787 Fax --
Technical Contact:
Lee, Kyle
PROELITE, INC.
12121 Wilshire Blvd. #1112
Los Angeles, California 90025
United States
+1.3105268787 Fax --
Domain servers in listed order:
NS05.DOMAINCONTROL.COM
NS06.DOMAINCONTROL.COM
Go PELE
Up another 14% so far today!
Go TRMPQ
Agree as well! I too think the wait will have been worth it but do hope it doesn't take too much longer. I am really really surprised we have not heard something by now but it is still early.
Maybe some others thing smaller things like the general market stability with whole European financial crisis is slowing them down, who knows for sure.
Go PELE
I thought so but it was kinda hard tell, must have been the new hair cut that threw me off! LOL!
I can see the resemblance, It's eerie almost like they were separated at birth. LOL!
I agree but think the stage for MMA is now so big with so much opportunity it doesn't really matter who's in and who's out. There are alot of Big Shows out there aside from the UFC and UFC Lite( WEC ) with alot of great Fighters with Strikeforce, Bellator, K1, Dream, Moosin, Sengoku, MFC, Impact FC, Adrenaline MMA, Shark Fights, Let's Get It On MMA, and of course King of the Cage just name a few, all making there own way with some being more successful than others but lots of room for an exploding market.
Proelite will make its own mark, has been highly successful in the past and will be successful again. I think the name will garner attention no matter what! The future is ours! Go Pro!
Go Proelite Symbol PELE
LMAO!!!!!! I think your right!