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Re: MJAM2020 post# 4952

Sunday, 07/12/2009 6:11:57 PM

Sunday, July 12, 2009 6:11:57 PM

Post# of 17527
The reason behind Proelite's purchase of KOTC was to use KOTC as a fighter farm for EliteXC and not because it was making tons of money. With the cash ProElite has It would be really hard to impossible to compete with strikeforce and ufc now (ProElite is a small little company now). So Chuck was smart not to burn through cash with King of the Cage, there was no future. But SPIRIT MC has tons potential, I believe it's the only MMA game in KOREA. Korea doesn't have NBA,NFL,NHL,UFC etc. - SPIRIT MC could be Huge!!! Proelite is a 50% owner? So they don't have to run it. Look at the production level of SPIRIT MC's website and video's, they are extremely high, almost as good as UFC. Plus Spirit MC had a popular reality show called GO!

Turn ProElite into a MMA media company, we already have a good start with Bully Beatdown.

Right Now the market cap for this debt free company is only 1.12m - it's also a good takeover target!

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