ProElite, Inc. (fka PELE)

[236T568]

responses in red below

Well some of the Management is the same and some are not and appear to have no role in the other company. Many executives of one company or another have similar or sometimes other roles in other company's, sometimes affiliated and sometime not, means nothing until there is one Company, one Group of Management and one group of Stock with one Symbol, which is not the case here and until it is, there is nothing to talk about and everything else is fiction and mindless babble.
The Chairman, the President, the CEO, the COO, the CFO and all the Sr. VP's are THE SAME for both companies. What more do you want?


Again, Just because a separate company Reports on Interests or Holdings with a Consolidated Financial Statement that effectively means nothing! There are 2 separate groups of Stock and 2 separate company's who happen to be affiliated by the fact one company owns an interest in the other company, probably because that's where the real money is and I can't blame them for that.
SMDI doesn't just own an "interest", it owns 95% and fully controls PELE - having all of SMDI senior executives now as PELE senior executives. SMDI officers are now PELE officers and running that company, whatever there is to run.

Every Legal mention of ProEltie mentioned anywhere and everywhere including recent cases reflecting Legal Filing with the SEC have solely mentioned Proelite Inc.
ProElite Inc. is a separate legal entity, just like subsidiary corporations of other companies are also seperate entities - no surprise there.

The US Government itself and most importantly the SEC see them as completely Separate Entities, they then by every definition are separate Legal entities.

Again I say they are nothing more than Shareholders until we see one Company, one Symbol, one Board and one group of Shareholders.
Yes, you are a shareholder of PELE. But the shares that once owned 100% of PELE have been reduced 20 times to now owning just 5% of PELE.


I continue to believe there is value ProElite and it's product and I cannot speak of or for Stratus.
Whatever value you thought was in ProElite on a per share basis has now been reduced by a factor of 20x since over a billion PELE share have to be issued (or have been issued) to SMDI upon conversion of its preferred stock.

What more do you want? ProElite is what matters here.
and?...no one said otherwise.
Go ProEltie!