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Wednesday, 02/20/2013 12:11:24 PM

Wednesday, February 20, 2013 12:11:24 PM

Post# of 17527
Here are the FACTS! For anyone who really wants to read them!

1 ) NEW CEO!

ProElite Inc. Names Jerold Rubinstein, Former Co-Owner of United Artists Records, as Chairman of the Board and Chief Executive Officer

Renowned Entertainment Executive Brings Proven Record of Business Leadership to ProElite


Mr. Rubinstein has been a member of the board of directors of Stratus since March 2011 and has been chairman of the audit committee since that time. He is a member of the board of directors and the chairman of the audit committee of CKE Restaurants, the parent company of Carl’s Jr. Restaurants and Hardee’s Restaurants, which had $1.3 billion in revenues in 2011. He also serves as the non-executive chairman of U.S. Global Investors Inc., a mutual fund advisory company which had $42 million of revenues in 2011 and $2.6 billion of assets under management. Mr. Rubinstein has created and sold numerous companies during his career, including Bel Air Savings and Loan and DMX, a cable and satellite music distribution company. Mr. Rubinstein started and sold XTRA Music Ltd., a satellite and cable music distribution company in Europe. Most recently Mr. Rubinstein consults with, and serves on, 3 early stage development companies. Mr. Rubinstein is both a CPA and attorney.


2 ) New Board!


Rich Chou "I’m currently the V.P. of Operations for ProElite and I do a lot of consulting work on the side with various companies who want to penetrate the MMA market whether it is clothing – I’m working with a beverage company right now. It was an interesting year (2012) for ProElite. We weren’t very active as the company was being restructured. It’s a public company so things move a lot slower than a private company. We have a new CEO and a new board and we’re very optimistic and excited for 2013."


3 ) Company was Restructuring

Rich Chou "I’m currently the V.P. of Operations for ProElite and I do a lot of consulting work on the side with various companies who want to penetrate the MMA market whether it is clothing – I’m working with a beverage company right now. It was an interesting year (2012) for ProElite. We weren’t very active as the company was being restructured. It’s a public company so things move a lot slower than a private company. We have a new CEO and a new board and we’re very optimistic and excited for 2013."


4 ) New and continued Share declaration by Billionaires in and with the company Filed with the SEC


1. Name and Address of Reporting Person*
BLECH ISAAC
(Last) (First) (Middle)
2. Issuer Name and Ticker or Trading Symbol
PROELITE, INC. [ PELE ]
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2012



5 ) Recent Report by the VP of Operations indicating recent development and expected progress of the company


Rich Chou "I’m currently the V.P. of Operations for ProElite and I do a lot of consulting work on the side with various companies who want to penetrate the MMA market whether it is clothing – I’m working with a beverage company right now. It was an interesting year (2012) for ProElite. We weren’t very active as the company was being restructured. It’s a public company so things move a lot slower than a private company. We have a new CEO and a new board and we’re very optimistic and excited for 2013."


Go ProElite!




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