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This is an interesting Stock with potential on a number of fronts!
The information looks very positive! More again to wrap up old business and further suggesting things are still in motion which is good!
Trump Must Face Competition for Casinos, Judge Rules
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWyKJhvuvfG0
I have actually been a long time Investor in the Stock, at times own more and other times owned less. I think it is still a good long term Investment with lots of potential.
I would have to agree! As much as everything in a bit in the air there is still an awful lot of things still in place to be shut down nor does it make sense for anyone including CJ and other Management. I too think with involvement of Tatum, White Chocolate Management (www.whitecm.com) and the Revolution Fight Club I think there is something there! The PR's heavily lend to that with no other reason then for that to be the case and why else would Tatum and White Chocolate Management want there name to used or associated if otherwise, change is in the water and for the good.
Although no one is answering the Phones the Phone System is fully in Place, both Web Sites are still fully running as well as the Twitter and MySpace Pages. Although there are no updates in the last few days it has not been too long since there were updates.
I appreciate your feedback which I agree with and as always find insightful aside from the negative rhetoric of others.
Thx!
River any thoughts on whats going on.
No problem. The site reference is Google Finance and the
information is under Description! I usually try to as well
again when available. Here it is.
http://www.google.com/finance?q=Proelite
Almost all of the information was Web Links to other Information and I do try to provide these Links as much as possible to show the source.
I probably like most do as much research as possible to see what is available and primarily searching over the Web. In a handful of other cases I would call the company as I and others do with this one to find out what other public information might be available, especially in cases where information was not obvious or available. I think we are entitled to that as shareholders! With Stocks as a whole sometimes you get lucky sometimes you don't! We all know or should know playing the Pinks on the best day with all the information in the world is always still a gamble. But its a bit of the thrill and hope of success that drives us! My thought anyway!
Your comment about what came true, that company had what appeared to be some sound fundamentals and did have some early huge success to prove they could do it, had a recent event as early as July 2009 which did happen and was a reasonable and expected success with and like this one had and sill have potential. What they do with it, I have no control over and I watch from the sidelines like everyone else and cheer for the horse I Bet on and hopefully Win more than I lose which is the case for my holdings overall.
I looked threw your posts! You seem to talk alot but not really say much that matters or for that matter is very useful.
Now I am just curious about you ? Where does your Information come from ? And how successful have you been ? Just Curious? Since you were asking ?
Yeah it does look like it was the wrong Company, but not all bad.
Pro could still use that piece of the company for alot of different things including heading in that direction of OnLine Betting.
From the Web site it did look like are still in business, alot in the business of promotion. Hopefully generating other revenue.
I Agree too much Planning, too many moves if they were just going to fold besides of what I know of Chuck Champion and crew hats not his or the people hes got working for him's style.
There's something going on and I think its big. On top of all the things they have that go directly related to central business from what I understand the the Company has set up a wholly owned subsidiary, Online Winners Sdn. This is right up Chuck's ally with his huge success with YouBet he turned it into an international giant.
I think there may be many components to the plan hopefully leading towards the big money for everyone. Here's hoping but I think this going to be a Winner!
No problem. All we can do at this point is hope and wait! But I think is is coming its going to be good!
No! I did not get the name of the person. Like I said it was a general call with no pretense for any specific information or who I would talk too. I was as much after what the public word was with company, which what was offered and noted like everyone else we had not heard anything in a while.
I was asking to ensure they was still around and in business conducting business, which I thought were all reasonable questions. It was not a leak in any way the information was very general indicating yes they are still in business and yes they still have active operations and they did not give specific time or the nature of information but did say there should be some public information coming shorty.
Everything else is purely speculation. I think it can only be good and all of there other business moves seem to have sound business sense freeing them of legal problems, creating an excess of cash both immediate and long term while still maintaining hard assets with Contracts, Trademarks and other hard assets that lend to preparation of new business direction. We all have ideas on what that could be but based on the Management and based on what they have kept and what they sold I think there are some great options and I'm sure they will keep them all open while playing some early cards to get the ball rolling. If I did not mention, I did also ask about the Website, being the public face of the company for information and was told they are working on it and will have it back operational shortly as well.
Somebody else may have more information and know more. I think its going to be good based on the moves and we will hear something soon. I am hoping like everyone else when it does come out is good but I am optimistic! Most have been waiting for a while whats a little longer.
They would not say nor was I asking the nature of the News for legal reasons. I was merely asking to ensure the company was still in business and still had business underway.
From Pro!
I have heard NEWS is coming! I heard it would be roughly 2 weeks from this week and maybe earlier! I like everyone else am hoping its good NEWS!, hopefully Great NEWS!
I remain optimistic somewhat based on alot of there recent moves to clear a Legal path and greatly enhance Cash Flow for a free and clear direction with strong financial base! Makes perfect sense to me! I think its something big and just a matter of time before we hear but I think its all good!
LOL!!!
I agree entirely and the potential is awesome! I have been on board with stock for sometime as well for all of those reasons and I think they have Plan and product that will work! They have done it before and BIG it was the execution and maybe and leadership running in not enough of the right direction! I think that's been taken care of with a new leadership and a Plan!
Whether its with StrikeForce( But I think it is as well ) I think the potential is enormous and the new plan is coming and shortly at that!
The MMA industry is exploding with lots of room for competition and tons more growth! As fast as the UFC is growing it is growing at a fraction of the rate of the Industry mush less all the direct and indirect offshoots such as the numbers of Fighters, Agents, Promotions, Sponsorships, Clothing and general merchandising just to name a few!
StrikeForce is growing faster than the UFC and has signed the Best & Biggest Fighter in all MMA today in Fedor Emelianenko!
Already has the 2 top female Fighter in MMA today as well as roster of others waiting in the wings! Along with the agreement with the all Fighter's acquired from and through the "Deal" with ProElite as well as the recent signing from the fall out of Affliction and still seems to draw off number of other fighters who may still be under Contract from ProElite from their stable of about a 100! They are on the rise fast and as much as they have done well to date I don't think there doing it alone nor can handle it to be sustainable for any period hence the "Agreements" with ShowTime and ProElite!
I am going to say I believe its more of a Partnership than an outright agreement and this is why Pro has saw fit to cut it effective ties with King of Cage other than a very lucrative cash flow from King to ProElite with growth potential for few years to come!
Pro has something happening and I think its tied to StrikeForce, ShowTime and a public offering to handle there growth/explosion!
I agree as well! But I believe there is much more underway than we know or may think for that matter! Too many little things that don't make sense to do as a Shell Company even with Revenues! Why put the money out when there no actual return on that basis alone.
I think timmimg is being Planned! and they( Company Management ) have learning from the Company's past which is valuable and I believe there is a build up underway with whether its in actual Fight Promotion, Fight or TV Production, something else or all of these!
Tito Ortiz in a recent Interview made a comment about StrikeForce, Affliction and ProElite all being in cahoots together! This is long after( more than half a year ) any ProElite Event has taken place, the Strikeforce deal has been done and effectively StrikeForce is off as its always doing its own thing! Affliction was always separate doing its own thing! No reason to mention ProElite at all but he does! And speaks in operational active business sense along with other active Players at that time!
Affliction Entertainment is now gone! Does that leave 2 active players in that group!
Secondly why keep the Web Site! When the IFL closed its doors
one the first things it let go was the Web Site both in name and the actual site both gone! They have kept the WebSite Address and Name and moved it looks like in preparation of new Lanuch! I have heard the Web Site is being revised and I think Re-done to remove the other things that have no business interests in the operational elements of Pro I mean without being general Sponsors and Advertisers like any other company!
Why close the Operational Control Business door with King unless you got other business underway maybe in new direction and/or with just want to have NEW car not re-paint the old one! Yeah I get the money aspect but you only get money if the Production/Event makes money anyway! Why not remain the controlling Interest unless your can make money off the old car and build a NEW one to sell as new product with fresh Plan and look that will work going forward!
Too many key players and people still own large shares in the company including ShowTime and Frank Shamrock! No big names pulling out to be seen!
ProElite still owns from what I understand somewhere in the area of 100 Fighter Contracts why keep these at all! There are
dozens of reputable reasonably sized Promotions out their who love to have 1 tenth of these fighters and Contracts! Lots of still big well known names! Unless your going to use them as part of a new Plan!
Chuck Champion is still here! No need for a big player like Chuck to be still in play maybe more so than ever! He's got something up his sleeve! And he's not finished playing his hand yet but we know some big multi-million dollar deals have already been done with StrikeForce and King of the Cage/Bully BeatDown! Creating a big ongoing revenue stream for Years!
Too many little/big things!
Just my thoughts!
I have heard the Web Site is being revised and things are still very operational! So that's a good thing! Hopefully News is not too
far away.
Chivas Regal just signed on as Title Sponsor for the Art of War in Oct 2009. That's the word anyway!
Looks like things are moving! which is good like everyone we all need this Event to be successful and Sun to keep this moving to maintain and hopefully GROW our Investment. We need all the help we can get and this looks positive which is good!
GO SUN! More Sponsors and fill that Arena! Go SUN!
Its Official Art Of War Oct 31 2009.
http://artofwarlive.com/gfx/AOWHALLFINAL.jpg
http://artofwarlive.com/
Things are on the Move! Go Sun!
Looks like its ART of WAR in Oct based on
Texas Mixed Martial Arts - Calendar
http://www.txmma.com/modules.php?name=Kalender
Although I would tend to lean towards your date of Oct 31 /2009 as date seeing as its with Texas Department of Licensing and Regulation. Looks like things are full steam ahead to me!
http://www.license.state.tx.us/sports/sportsevents.htm
This is going to be Awesome! This are heating up at SUN!
Go SUN!
UP Over over 36% today! Things are looking up and climbing!
Nice Volume Too!! Great to see!!!
That's awesome Laraz! I wish I could have been there myself I heard the Event was incredible. The Fights and the Production were through the roof! What great first Event the next one should be even better! I have heard the ART OF WAR will be in SEPT / OCT that should be amazing. I can't wait for that both as an Investor and a FAN!
Here is my take on the situation. Either way ProElite is going to be making money off Terry and Cage of the Cage for some time while essentially incurring no cost which is great. I am also assuming ProElite will also be getting money for some time from Bully BeatDown and may continue to hold licensing rights with ongoing fees attached, not sure on this.
ProElite still owns the EliteXC and ShoXC Brands and the Video Library which are used and Licensed in variety of locations with the notable being with Strikeforce and ShowTime which Licenses for use the library and the ShoXC Brand, Pro still owns them and makes money for there use but can use them at any time as well.
CBS is still own and are on board for 20% of Proelite they ain't here for the popcorn.
Pro sill owns over 100 Fighter Contracts which include a ton
extremely well ranked exciting Fighters including Antonio Silva, Murilo “Ninja” Rua, Dave Herman, Jason Guida, Anthony Lapsley, Charles Krazy Horse Bennett, Wilson Reis, Abel Cullum, James Edson Berto, Shane del Rosario, Ron "H2O" Waterman, Kala "Kolohe" Hose, Jon Murphy and James "The Colossus" Thompson just to name a few.
In addition to the EliteXC and ShoXC Pro still still also owns ICON Sport, Cage Rage and Rumble on the Rock and have huge holding in Sprit MC. All still have Video and license sales going on which I would think continue to generate some revenue with no additional costs at this point. SpritMC is still active and is still the biggest promotion in the Korean Market which is huge and growing.
I think things are still great and their are other things in the water. I believe the StrikeForce deal is a bigger affiliation than we know and hence why the deal details have been blocked until 2014 or so from my understanding.
Pro still owns the Website and the recent changes heavily suggest they have something else happening. It was not renewed and Registration moved for no reason. If they planned on discontinuing this portion or interest of Company( EliteXC/ShoXC ) or the Events it would have been ideal time to let it lapse and fade into history. It didn't happen and work does appear to be underway with new provider.
Chuck is way too smart and knows how to make money and how not to lose it. Currently he is has money coming in from variety of sources and almost no real costs or debit to deal with. Way to go Chuck!
I think he is re-tooling and making money in process but in preparation for solid re-entry into the promotional side of the business while making solid money with licensing and production.
Go ProElite! Big things are underway with more to come and I think we will hear something shortly. The recent moves with
King the Cage were to wrap up the final piece of unfinished and low productivity( Not enough money to go around and/or keep it interesting ) business while ensuring if and when it does make any real money over the next while Pro get to Cash in while having to contribute nothing.
Great deal for Pro! Lots of money coming in with little to no operating costs and no Debit! Way to go Pro! and I will look forward to the next steps and taken in the big money!
My thought!
More Great Press! for the July 12th Show!
Mexicans, rodeo and MMA in Big D?
http://www.examiner.com/Dallas-Sports.html
Live MMA action Sunday!
http://image.examiner.com/images/blog/wysiwyg/image/Andrade-Banner(1).jpg
Alex Andrade in action Sunday.
First we had Latin Fury. Last week Pinoy Power and today a Dallas-based MMA outfit held a glittering press conference because Sunday afternoon Mano a Mano premieres at the world famous Resistol Arena -home of the Mesquite Rodeo.
Promoter C.J. Comu is anything but foolish. His staff had all the Hispanic media there. Univision, Azteca and Telemundo along with radio and the local Mesquite paper.
This is Awesome! Thanks River great to hear as always! Go SUN!
The Stock has moved up somewhere about 64% in little more than a week with an increase of about 15% in the past few days.
I agree! This is fantastic!! Go SUN!!!
I agree! River's info is very reliable and much appreciated! Sun is on the rise! Go Sun!!!!!
Having Hooters and Harley-Davidson co-sponsor an event is not bad thing at all whether there cash involved or not. Its great promotion and tells you their interested in getting their product before lots eyes and are going to help get eyes to the Event either way! More Seats filled more money! Way to Go SUN!!!!!
Thanks River. This Stock is going to go through the roof! Its already climbed so much in the past few months. The July Event is looking awesome with a big part of the Fight Card already available with great Fights, the other events already being booked and from what I am hearing some other big news coming shortly as well as lots of other great news on the way.
Way to go Sun!
I think Sun is going to go much higher and stay much higher.