Xtreme Fighting Championships (XFCI)

[BRoberts1982]

A Good read confirming what everyone already knows.

XFCI

The dirty truth behind XFC & CEO Steve Smith

LINK: Takes a while to load...
https://www.thescrap.co/the-dirty-truth-behind-xfc-ceo-steve-smith/

One stockholder, who wishes to remain anonymous, told The Scrap:

“I have [had] hundreds of thousands of shares since May 2020. Steve Smith perpetually lies and misleads us stockholders. He basically stole money from all his investors, paying the fighters in stock which is now worthless. Those poor fighters lost blood, skin, and money!”
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If things couldn’t get worse for the promotion, their Chief Executive Officer, Steven Smith Jr., seems to be continuing this trend of running things to the ground, incessantly lying to stockholders while refusing to update filings. On top of that, a number of XFC’s roster have claimed they have yet to receive payment for their most recent fights.

From September 28, the Security and Exchange Commission (SEC) were reportedly cracking down hard on those who fail to report their financials. If Smith stays set on his ways, shareholders may lose everything.

“Steve is a liar and is being charged in another law suit against another company” explained another stockholder. “I invested a lot into the organization on false pretenses that they would get current.”