ProElite, Inc. (fka PELE)

[Hole shot King]

if you missed it this is in the sticky notes and we are about 3 1/2 months into the 3 to 6 months

from Paul Feller

It appears your company has not reported to the SEC since 2010. It also appears the OTC Markets has issued a 'stop' sign on your stock. How are you going to address these issues moving forward. "Yes, that's correct. It's not the stock that had issues in trading. The DTC, which is the electronic side of trading had an issue. We're addressing those as we speak. We believe those will be lifted, they're unrelated to anything that has to do with ProElite. They have to do with another company which, unfortunately, ProElite was associated with from a macro level and it should never have an interruption on electronic trading. The company (PELE) is still trading. Because we're reporting to the FTC, we are currently getting what they call the quarterlies and the annual recordings up to speed and we believe that will be done shortly. We'll be fully reporting and fully trading in about three to six months."

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