Replies to post #6693 on ProElite, Inc. (fka PELE)

[Hole shot King]

Great Job and it's in line with what I thought was going on you will find them to be a FULLY reporting company be for they get the ball rolling ...getting the numbers in order first so the public can see them and then put the fights out there and then the stock will take care of it self up up and away ....I just wish I had more money to buy some more .02s from Fooz because it won't last long


GO PELE

[jacktrades]

Great info there! PELE being fully reporting and up to date was one of stratus's terms for the sale. I guess they are still getting the filings and accounting updated? Thats what it sounds like to me.

Where is cowboy? lol

[DalaiTom]

ProElite is currently working through the acquisition agreement with Stratus Media Group and as part of the process it has certain reporting, filing and audit requirements by the SEC...

Since Stratus is on the OTCBB, I wonder if part of the plan is to get PELE on the OTCBB before they make any big announcements?

It would probably be a smart move since many investors won't invest in Pink Sheet stocks. Also, there is often a bump in the share price when a "pinkie" moves to the OTCBB. Plus, it would also be a good sign as to the seriousness of the new ownership.