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CKEI shell stock todays volume is the 3rd burst in volume in the last month. This is being loaded by someone, definate watch list stuff, probably pure lotto play.
Have a great time.
There are several reasons a halt can occur: http://www.investopedia.com/terms/t/tradinghalt.asp
A worse case scenario would be the halt is related to that 4 year old case.
Best case scenario is the MMs miscounted on their trades and are now short.
We need to know why this is halted.
Market awareness campaign cool.
Any bounce to them?
CNYC 0.31/0.35 15.8M Floating, Copper mine, about to break out!
Last month around the 18th 33M in volume for CKEI out of the blue. Now today... somebody is loading.
Are you in CKEI?
CKEI 0.0004/0.0005 4s are gone
LOL, I know you have been patient with this, gotta be getting close, we'll see.
Been following this for a while, figure it's getting close to going soon. SPJ brought it to my attention a while back.
Joined the party here today with a starter.
5s hitting now on CKEI
CKEI is a shell that is to be the host of a reverse merger.
CKEI is now controlled by AJW Offshore Limited/NIR Group and they are the majority shareholders.
AJW/NIR, as majority owner petitioned the court-New Castle Court of Chancery, Wilmington, Delaware who granted them control of CKEI from the previous owners. The case number is 4063-V-C-L.
CKEI is now owned and controlled by hedge fund AJW/NIR that is listed by Barron's to be #48 in the top 100 hedge funds and has assets of 770 million.
http://www.nirgroup.com/News/Barron's-The%20Hedge%20fund%20100-Chart-05-11-09.pdf
Volume Alert
CKEI waking up today.
From the Ibox - don't have a clue if this info is current????
CKEI is a shell that is to be the host of a reverse merger.
CKEI is now controlled by AJW Offshore Limited/NIR Group and they are the majority shareholders.
AJW/NIR, as majority owner petitioned the court-New Castle Court of Chancery, Wilmington, Delaware who granted them control of CKEI from the previous owners. The case number is 4063-V-C-L.
CKEI is now owned and controlled by hedge fund AJW/NIR that is listed by Barron's to be #48 in the top 100 hedge funds and has assets of 770 million.
http://www.nirgroup.com/News/Barron's-The%20Hedge%20fund%20100-Chart-05-11-09.pdf
From Transfer Agent 07-30-09
CKEI
O/S 540,015,433
Auth 2 b
Restricted 8,531,715
Went through the board today/tonight, then charted this back to that time. My apologizes to the longs here for any previous off colored remarks my mouth might have made. Chart shows continued share price depreciation, even with positive events PR'd. Not a good sign, the next bad sign is a massive increase in volume since the first of the year and the share price is still declining. Sorry guys, don't think I'm joining this party.
Well wheres the link? I hope it has a lot of pictures, i don red to gud!
The technical assistance here is awesome! lololol
Judging from your posting history, you probably did start it! lol
lmao $44 lololol
A lot of halts today, but PELE is not among them.
http://otcbb.com/marketwatch/
Don't have any info you don't already know.
You do realize that decision is being made by Etrade, not FINRA or the SEC.
PELE still time to get into this cash cow!
Re-Updated PELE Pro Elite DD
PELE was totally silent for over a year.
Recently Pro Elite Was part of a 40 million dollar offer to Purchase strikeforce....
http://mmajunkie.com/news/22812/sources-ufcs-strikeforce-purchase-likely-hastened-by-other-interested-buyer.mma
The IR person on her facebook has also said news will come once the details are together http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60942856
Several board posters have contacted Paul Feller for info. Confirming News will come when its ready.
The stock still has a 59 million OS and 250 mill auth... Not changed in over 3 years.....float is super, super low and tight This was a $18 stock that held a solid $2-5 range
This stock fell from a bankrupcy scare, that never happened 3 years ago. PELE never bounced due to company not holding events but they sold off assets that did not work and cleared debt. This article Bridges the gap between first ceo and current owners http://sportsillustrated.cnn.com/2009/writers/josh_gross/02/06/chuck.champion/index.html
CBS/Showtime 20% Shareholders in PELE!
Must Watch*****Dana White "All these guys come out and raise money and say they are going to compete with me" CBS WILL TRY IT AGAIN !!!
it is 1/2 way in the video 2:11min he knows something and he let it slip !! Pro Raised money and CBS is a shareholder. Sounds like pro is back on CBS!
http://prommanow.com/index.php/2011/03/24/strikeforce-done-working-with-camo/
Important*****Frank Shamrock still a shareholder! This seems to say that he knows share price will recover.
"Shamrock acknowledged that he was, and still is, a shareholder in ProElite, EliteXC’s parent company"
https://www.fightlegendsclothing.com/blogs/?p=471
In March of 2011 Pro Elite was rumored to be the unsuccessful second bidder against the UFC in an attempt to acquire rival MMA promotion Strikefore. The offer was said to exceed 40 million dollars. Principals at Pro Elte immediately confirmed the companies intention to re enter the MMA live event promotional business as they had with the record breaking Kimbo Slice events on CBS. Rumors immediately began circulating that Pro Elite was targeted as a strategic acquisition by either the UFC or an unidentified third party investor wishing to enter the MMA promotional space. PELE.PK stock jumped from .01 per share to more then .20 per share in two days as investors realized the stock routinely traded at $15 per share while Pro Elite was promoting live events.
http://en.wikipedia.org/wiki/ProElite
Old Showtime Elite XC Website still up
http://www.sho.com/site/elitexc/home.do
http://www.sho.com/site/about.do
http://www.sho.com/site/sports/flash.do#/site/sports/sxc.do
It seems that showtime/cbs knew pele was going to comeback so they left the old website up
Chief Operating Officer
Mr. Kelly brings over two decades of entertainment and media operations and management experience to Stratus. Prior to ProElite, Mr. Kelly Co-founded Television Korea 24 Inc. (tvk24) in 2003, where he served as Chief Operating Officer. In 2001, Mr. Kelly joined the Extreme Sports Channel as Chief Operating Officer International and prior to Extreme Sports Channel,
Mr. Kelly held the following positions:
NBC Internet – Vice President and Head of International (San Francisco).
CNBC Asia - Vice President (Singapore)
-
Turner Broadcasting International (Asia)– President (Tokyo)
-
Long Term Credit Bank of Japan (Tokyo)
- Allied Irish Banks (Ireland)
http://www.businesswire.com/news/home/20100225005649/en/Stratus-Media-ProElite-Appoint-Chief-Operating-Officer
ProElite to Rise Again? Good Read!
When news broke of the UFC purchasing Strikeforce last week, one of the interesting aspects was the mention of ProElite (PELE.PK) as a bidder for Strikeforce. Other than a few minor press releases after the organization had been purchased by Stratus Media Group, the company had been totally silent. However, it now seems apparent that the company had been making moves behind the scenes during this “quiet” period.
When Stratus purchased ProElite in early 2010, the first announced actions taken were the hiring of certain key personnel from “old” Pro elite. These were largely the management from the old company that were responsible for the positive achievements the company had made.
Douglas DeLuca was appointed to the board of directors. His bio on the ProElite.com website highlights his achievements of having “negotiated and closed deals for ProElite with a number of media entities including Showtime Networks, CBS Television, Mark Burnett Productions, IMG, and Fox Sports Net.” He is also cited as having numerous accomplishments in the production of a variety of TV series, specials, and feature films. Mr. DeLuca can be a major asset in ProElite getting new television deals due to his prior experience within the industry
Glenn Golenberg was also added as a board member. His accomplishments include his involvement in “…the financial services industry since 1966 and been involved in transactions that have historically included mergers and acquisitions, initial public offerings (IPO’s), financial restructurings, venture capital financings, and leveraged buyouts (LBO’s).” Mr. Golenberg is likely one of the key players for ProElite in negotiating with Strikeforce and other potential acquisitions.
Keith Walner was hired as Senior Counsel/Vice President of Business & Legal Affairs. His experience includes “20 years of experience as an attorney and a business & legal affairs executive within the entertainment industry handling a wide range of matters for live sports and entertainment events, as well as media distribution for major network broadcast television, premium cable, satellite television, and pay-per-view distribution.” Among his duties for the company, “Mr. Walner oversees all company legal matters, including production, distribution, censorship, advertising, and rights clearance. He handles all content acquisition and licensing for all domestic and international events and distribution and manages the organization’s intellectual property rights.” Mr. Walner's expertise would seem to be essential in negotiating the legal aspects of new TV deals and other intellectual properties for the company.
Obviously, these individuals were brought on board for their specific skills and experience. This would seem to indicate that ProElite has some pretty high aspirations for the company.
Paul Feller (CEO of Stratus Media and Chairman of the Board for ProElite) has previously indicated his desire to produce international events. The company still owns rights to the Cage Rage and Spirit MC brands along with the EliteXC brand. Cage Rage produced quality fight cards in Great Britain for many years. Spirit MC had produced numerous event in S. Korea featuring mostly Asian talent. It will be interesting to see if ProElite revives these brands, goes with the old EliteXC brand, or starts a new brand.
ProElite was able to become debt free before the purchase by Stratus and produces revenue thanks to deals made by the old CEO Chuck Champion. When Strikeforce bought some certain assets of ProElite, part of the deal was that ProElite would get payments from Strikeforce for each event produced until as late as 2013. Mr. Champion also made an agreement with Terry Trebilcock to allow King of the Cage to become an independent organization once again. As part of the arrangement, KOTC would make payments to ProElite for a specific period of time.
It is known that CBS/Showtime had been a shareholder in ProElite as part of an arrangement with the old company and there hasn't been any indication that CBS ever sold their shares. Whether CBS has any influence with the new owners remains to be seen.
Since recent reports of ProElite attempting to purchase Strikeforce have indicated the company made offers for the purchase of Strikeforce of up to $40 million in value (cash and equity), it appears the company has access to the funding needed to relaunch the once major organization. The negotiations to purchase Strikeforce also explain the silent period after Stratus purchased ProElite since the company would have to be very careful about any information that could be released during that time due to SEC regulations and such.
There seems to be a huge opportunity in the world of Mixed Martial Arts now as the UFC's number one competitor (Strikeforce) is now under their control. At this point in time, there is no clear cut number two organization. If ProElite can relaunch with the kind of funding and expertise they seem to have available, it's possible they could once again become the major competitor to the UFC.
ProElite is based in Los Angeles, California. According to their website, the company's mission statement is: “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.”
http://www.investinmma.com/proelite-to-rise-again/
Yes TDAmeritrade allows trades on PELE, been with them for over 10 years and have no complaints.
Float on PELE is actually less than 35M shares. Theres only 60M OS and both CBS & Showtime own 20.7% (12.7M) shares each.
Had this on watch for a while, fundamentals look good. When you guys showed up it put a damper on it for me, but you seem to be doing what the company hired you to do. So how many shares did you guys get?
Chart looking good right now for PELE, look for a move upwards soon. If the news give us reason to move up, it'll happen fast.
AS 250M
OS 60M
Flt 59M
Well I have to give these guys credit, FOFU is looking like it want to run now!
More coverage for PELE even if it is an April Fools article! lol
That was also my understanding, PELE was used by the brokerage of Facetto for matched trades for the purpose of share price manipulation.
Very interesting, looks like the CUSIP # for ProElite will be discontinued, doesn't mean it will be halted. From now on it will be trade for trade, or no shorts allowed. Looking forward to others comments on this matter.
Report your trading difficulties to FINRA
http://www.finra.org/
Jae = cool dude - family man - kewl dude!
A lot of competition for those cheapies
PELE not halted.
http://otcbb.com/marketwatch/
Don't forget Taco Bell, I think they are #2 behind Micky Ds. Super post, great points!
Can't agree about the dilution on SMDI, it doesn't have enough volume for any significant dilution to have occurred over the last year or so. Don't know how long I've been watching it trade, but it's share price history is similar to PELE, sharp drop, stabilizing period, sudden interest drove it up from 0.30 to 0.55 recently, could go a lot higher easily.
Not Nina, but kewl post dude!