Tuesday, February 19, 2008 4:08:03 PM
I am just wondering what the value of this recently acquired Fight Co. is worth? I hope ISBL will say something on this Fight Co. tomorrow!
http://biz.yahoo.com/iw/080129/0354117.html
... Fight Company Inc. has 62 fighters under exclusive contract for ultimate fighting/ mixed martial arts bouts. Their management believes that at least ten fighters are current contenders and fifteen others have at least a significant capability to advance through the ranks to become contenders. In this realm of fighting each fighter will fight between four and nine fights per year depending on the class and capability of fighter they are. Products and video marketing will happen through our One Media One E-Mall being developed and distribution through our video distribution subsidiary. The company wishes to thank Mr. Rick Papaleo for being instrumental in the introduction (before terminating his consulting agreement) and the Company's subsequent purchase of Fight Company, Inc.
Some of our contenders will fight bouts in March in the US and Europe where this type of fighting draws significant crowds and large purses. All of our contracts require a minimum of 20% of the purse and in some instances the bonuses that the fighters may receive for their performance.
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