I've wondered for a long time about the viability of Stratus when it always looked like the real cash cow would be PELE. It was my thinking that Stratus should have been focusing all their attention/resources on ProElite. The way it appears now, that may have been precisely what they were doing, but to the detriment of SMDI shareholders.
Perhaps the plan will be to get all the problems with PELE fixed (DTCC, Grey sheets, filings, etc.). Then later, work on bringing SMDI back to life.
Hopefully we learn the path forward soon.